Hanwha Group

Company description

Hanwha Group is a large South Korean conglomerate with diversified business interests. It operates in various industries, including chemicals, finance, defense, construction, manufacturing, and services. The conglomerate has a broad portfolio of businesses. The group has a significant international presence, with operations and subsidiaries in numerous countries. It engages in global business activities across different sectors. Hanwha is involved in a wide range of industries, including petrochemicals, finance, construction, solar energy, defense, insurance, and more. It is known for its involvement in the renewable energy sector, particularly solar energy. It is also a key player in the defense sector, manufacturing defense systems, ammunition, and other military equipment.

Company details

04541, Hanwha Building, 86 Cheonggyecheon-ro, Jung-gu, Seoul, Korea

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 09, 2024

    Vestas to supply turbines for 390 MW offshore wind project in South Korea

    Vestas has signed a preferred supplier agreement with Hanwha Corporation E&C Division for the 390 MW Shinan Ui offshore wind project in Shinan County, South Jeolla Province, South Korea.

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  • May 12, 2022

    Aker Horizons concludes stake sale of REC Silicon

    Aker Horizons ASA's wholly owned subsidiary Aker Horizons Holding AS has finalized the transaction South Korea's Hanwha Solutions Corporation and Hanwha Corporation to sell all of Aker Horiz...

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  • January 27, 2022

    T&T starts construction of 1.5 GW Hai Lang LNG-to-power Phase 1 project

    The consortium of companies composed of Vietnam's T&T Group and South Korea's Korea Southern Power Corp (Kospo), Hanwha Energy Corp., and Korea Gas Corp (Kogas), has started the construction...

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  • October 21, 2021

    South Korean consortium awarded LNG-to-power project in Vietnam

    The consortium comprised of a Vietnamese conglomerate and three South Korean power producers has been awarded the contract to build a VND54 trillion (US$2.3 billion) liquified natural gas (LNG) p...

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  • October 13, 2021

    Octopus Energy divests minority stake to Generation Investment Management

    Octopus Energy Group has announced a major strategic partnership with Generation Investment Management, a firm established in 2004 to back businesses driving sustainability and the fight against clima...

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  • September 29, 2021

    TotalEnergies, 174 Power start construction works at 80 MW Gerdau solar photovoltaic project in Texas

    174 Power Global, Gerdau Long Steel North America, and TotalEnergies, have begun the construction of the Midlothian, Texas Gerdau Solar project, one of the largest behind-the-meter (BTM) solar facilit...

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  • September 12, 2019

    174 Power Global closes financing for Oberon Solar Power Facility in Ector County

    174 Power Global, an affiliate of South Korea's Hanwha Group, has announced the closing of construction financing for the US$210 million 150 MW first phase of a solar power plant near Odessa, Texas....

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  • May 16, 2019

    Sonnedix nabs financing for 36-MW Japanese solar plant

    Sonnedix Japan K.K. has reached financial close on a JPY14.2 billion (US$130 million) project financing with Sumitomo Mitsui Trust Bank, Limited (SMTB) for the 36.4 MW Kurayoshi solar photovoltaic pla...

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  • December 09, 2016

    Canadian Solar closes financing for 55 MW solar project in Japan

    Canadian Solar Inc. has announced the closing of JPY14.9 billion (US$131 million) senior and subordinate non-recourse term loan facilities to finance the construction and operation of a...

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