Avancis Korea was established in 2010 through a joint venture between Avancis, a subsidiary of a French glass and building material company with a history of more than 350 years, Saint-Gobain, and Hyundai Heavy Industries.

Currently, China National Building Material Group Corporation (CNBM), a Chinese state-owned company, the holding company of Avancis, has acquired 100% of Hyundai Heavy Industries’ shares and is in full swing to become a leader in CIGS thin-film solar modules.

Avancis Korea introduced advanced technology and equipment from Avancis Germany (CNBM Group) to mass-produce CIGS thin-film solar modules, one of the solar modules that are spotlighted as future eco-friendly renewable energy. It has a 100MW production plant in Ochang Science Industrial Complex in Chungcheongbuk-do, famously known for Solar Valley, and plans to add 300MW in the future.

CIGS semiconductor has the widest light absorption spectrum among materials used in solar modules. CIGS thin-film solar modules show relatively high output even when the sun's incidence angle is low or on cloudy days. Avancis solar modules are advanced CIGS technology that combines cost-effectiveness with sophisticated design and aesthetics.

The flagship PowerMax® SKALA sets a new standard for aesthetic solar Facade solutions for any building type. Colorful CIGS thin-film solar modules are used as exterior materials for buildings, increasing the value of buildings in terms of visual and efficiency.

An Avancis Korea official said, "Based on Avancis Germany’s experience and technology, we plan to further develop CIGS thin-film solar technology, as well as develop and produce products specialized for BIPV. In addition, CNBM Group will continue to expand the production line in China and Korea to increase the total production to more than 10GW.”

Meanwhile, Chungbuk Techno Park has prepared and focused on Chungbuk National Innovation Cluster TF since last year to strengthen the competitiveness of regional representative industries. The main content is to establish a national innovation cluster in Chungcheongbuk-do, enhance global competitiveness and lay new growth bases for local industries by "intelligent high-tech parts industry"