Hanwha Energy

Hanwha Energy describes itself as pursuing eco-friendly energy solutions and converging technologies so that the world can be sustainable, and as providing sustainable and customized energy solutions through technological innovation. Its business areas listed on its homepage are energy solutions and smart factory & process control. Its official history page records the 2012 merger of Yeosu and Gunjang combined heat and power operations under the Hanwha Energy name, and a series of solar, ESS, LNG and retail power activities in Korea and overseas. Its network page lists offices and affiliates in Korea, Ireland, Spain, Italy, Singapore, Vietnam, Japan, Australia and the United States.

Hanwha Energy's official history page records that Yeosu Combined Heat and Power and Gunjang Combined Heat and Power were established in December 2007, and that in November 2012 the two were merged and Hanwha Energy was launched. The same page records entry into the solar power business in September 2014, commercial production at the 24MW Kitsuki solar power plant in Japan in January 2015, a PPA for a 402MW solar project in Nevada, USA in December 2016, and entry into the Malaysian solar business (48MW) in December 2017. It records completion of a 100MW solar plant in Vietnam and launch of the US retail power business 'Chariot Energy' in June 2019, completion of a 125MW solar plant in Mexico and launch of the Australian retail power business 'Nectr' in July 2019, and certification for the Australian retail power business from the Australian Energy Regulator in September 2019. In 2020 it records completion of the world's first ultra-large by-product hydrogen fuel cell power plant (Daesan Green Energy, 50MW) in June, launch of the Spanish power retail business 'Imagina Energia' in October, completion of the 48MW Malaysia LSS2 solar plant and sale of the 50MW Seville solar plant in November. In 2021 it records establishment of a US renewable energy joint venture with France's TOTAL in January and award of the 1.5GW Hai Lang LNG power plant project in Quang Tri Province, central Vietnam, with Korea Southern Power and Korea Gas Corporation in October. In 2022 it records completion of the 155MW Malaysia LSS3 solar plant in May. In 2023 it records establishment of the Singapore LNG trading company 'Horizon' in January, sale of 1,661MW of solar plants and ESS in Nevada and Arizona, USA in May, and sale of the 120MWh Ireland Frequency Regulation ESS business in June. In 2024 it records establishment of Buyeo Bio in June, commercial operation of the Tongyeong 1GW LNG combined cycle power plant and the absorption merger of Hanwha Convergence in October. In 2025 it records securing a permit for the 490MW Yeosu Eco Energy district collective energy business in February, securing a permit to expand the 250MW Yeosu combined heat and power plant to 500MW, and signing a 2200MWh BESS (Richmond Valley BESS) supply contract with Australia's Ark Energy in March. A separate section of the same page, headed as leading smart utility solutions convergence, records the 2001 establishment of SIT Co., Ltd. and utility integrated control system development, establishment of a corporate research institute in 2006, establishment of a US corporation (Austin) in 2009, establishment of a Chinese corporation (Xi'an) in 2012, and joining the Hanwha Group affiliates in January 2016, followed by development of the FIMS factory infrastructure monitoring solution in 2019, launch of the Green Energy Platform business division in May 2022, opening of the HEIS2.0 energy integrated control platform in October 2022, and the October 2024 merger of Hanwha Energy (convergence division).

1. 1한화에너지hec.hanwha.co.kr
2. 2연혁 | 한화에너지hec.hanwha.co.kr
3. 3뉴스&공지사항 | 한화에너지hec.hanwha.co.kr
4. 4네트워크 | 한화에너지hec.hanwha.co.kr
5. 5Hanwha Energywikidata.org