South Korea's conglomerate SK Group said that it will invest USD 50 million in a US firm developing next generation thin film solar module technology.

As per report, SK Innovation Co., the country's largest oil refinery, and SK Technology Innovation Center will invest in HelioVolt which owns the technology to produce thin-film solar modules with a semiconductor material compound made of copper, indium, gallium and selenium.

(Sourced from www.yonhapnews.co.kr)