SEOUL, Sept. 7 (Korea Bizwire) — Hanwha Energy Corp., a South Korean power generation solutions provider, said Wednesday it is building an electricity grid stability plant in Ireland in a move that will give a further boost to its renewable energy and power systems portfolio. The 170 billion-won (US$122.5 million) project commits Hanwha to provide [...]
SEOUL, Oct. 15 (Korea Bizwire) — Hanwha Energy Corp., a South Korean renewable energy company, said Friday it has launched a committee to beef up sustainable management in light of the Environmental, Social and Governance (ESG) principles. The ESG committee, established within its board, will serve as the company’s key division tasked with devising and [...]
SEOUL, Dec. 14 (Korea Bizwire) — Hanwha Energy Corp., South Korea’s renewable energy company, said Monday it has completed a 48-megawatt solar power plant in Malaysia and started commercial production. In 2017, Hanwha Energy won a US$400 million project by the state-run utility firm Tenaga Nasional Berhad (TNB) to build the plant in Malaysia’s northeastern [...]
SEOUL, Oct. 27 (Korea Bizwire) — Hanwha Energy Corp., a South Korean renewable energy company, said Tuesday that it has won a project worth US$185 million to build a solar power plant on Hawaii’s most populated island of Oahu. Under the deal with Hawaiian Electric Co., Hanwha Energy is set to build the 60-megawatt solar [...]
SEOUL, June 8 (Korea Bizwire) — Hanwha Energy Corp. and three other affiliates are considering entering the U.S. hydrogen ecosystem, Hanwha said Monday, after a successful investment in a U.S. hydrogen truck maker. In 2018, Hanwha Energy and Hanwha General Chemical Co. each invested US$50 million for a combined 6.13 percent stake in Nikola Motor. [...]