CLEAN ENERGY & OCEAN Solutions
To help sustain Earth's resources, Hanwha is driving the global energy transition forward, seeking the most environmentally friendly ways to produce and use energy and materials. We have a diversified portfolio that includes solar, hydrogen, ammonia, wind power, and LNG as well as advanced technological solutions, such as virtual power plants (VPPs) and AI-based energy management systems. By capitalizing on our offerings, we are growing the clean energy industry while driving change in the global energy transition. In addition to supplying clean energy through our eco-friendly solar supply chain, we will also strengthen energy technologies and product capabilities, such as energy storage systems (ESS) and energy management systems (EMS). Meanwhile, we will contribute to establishing a circular economy and achieving carbon neutrality by researching and developing eco- friendly, high value-added materials.
Business
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Solar energy
Hanwha Solutions' Qcells Division (Qcells) has established itself as a comprehensive renewable energy solutions provider, spanning from the production of solar cells, modules, and supporting materials to the development, construction, and operation of power plants, as well as provision of power retail and solar financing services. We continue to maintain the number one market share in both residential and commercial solar modules in the U.S., and we launched full-scale module production at our Solar Hub, North America's first and largest integrated solar manufacturing facility, in 2024.
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Hydrogen energy
Hanwha is committed to developing green technologies. We are aggressively investing in green hydrogen as a clean energy source that can significantly help realize global carbon neutrality. By innovating comprehensive value chains, we are expanding into the hydrogen economy, from production and storage to delivery and utilization, including water electrolysis technology and more. With an optimal energy generation solution designed to support a carbon-neutral society, we are tapping into green hydrogen energy's outstanding potential.
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Ocean solutions
Hanwha Ocean is contributing to the global economy and supporting exports worldwide through shipbuilding, as 90% of the world's trade volume is transported via ships. We are also playing a central role in supplying energy and participating in maritime energy production, storage, and transportation. Hanwha Ocean will continue to develop sustainable and innovative digital technologies beyond decarbonization in pursuit of achieving net-zero carbon emissions.
We aim to lead the global shipbuilding market by proactively ensuring strengthened environmental regulations are met through a diverse portfolio of eco-friendly products and technologies, such as our world-class LNG and ammonia carriers, various offshore plants, green ship solutions, and low-carbon solutions like onboard carbon capture and storage (OCCS) technology and rotor sails.