Hanwha Energy

History

The Journey of Hanwha Energy

Hanwha
Energy
,
Leading
Global
Energy
Development

+

Convergence,
Pioneering

Smart Utility
Solutions

  • 2025
    03

    Signed a Supply Agreement with Ark Energy for a 2,200MWh BESS Project in Australia (Richmond Valley BESS)

    Secured Approval for a 500MW Expansion of the 250MW Yeosu CHP Plant

    02

    Secured Approval for a 490MW District Energy Project by Yeosu Eco-Energy

  • 2024
    10

    Commenced Commercial Operation of 1GW LNG Combined Cycle Power Plant in Tongyeong

    Hanwha Energy merged with Hanwha Convergence as the surviving entity.

Hanwha Energy,
Leading Global Energy
Development

  • 2024
    06

    Foundation of Buyeo Bio

  • 2023
    06

    Divestiture of Ireland FR (Frequency Regulation) ESS Project (120MWh)

    05

    Divestiture of 1,661MW Solar and ESS Projects in Nevada & Arizona, USA

    01

    Established “Horizon,” an LNG Trading Subsidiary in Singapore

  • 2022
    05

    Completed construction of 155MW LSS3 (Large Scale Solar 3) Solar Project in Malaysia

  • 2021
    10

    Awarded Hai Lang 1.5GW LNG Power Project in Quang Tri, Vietnam in partnership with Korea Southern Power and KOGAS

    01

    Formed Renewable Energy Joint Venture with Total (France) in the United States

  • 2020
    11

    Divested 50MW Solar Project in Seville, Spain

    Completed construction of 48MW LSS2 (Large Scale Solar 2) Solar Project in Malaysia

    10

    Launched “Imagina Energia,” an Energy Retail Business in Spain

    06

    Commissioned the World’s First Large-Scale Byproduct Hydrogen Fuel Cell Power Plant (Daesan Green Energy, 50MW)

    02

    Launched “Nectr,” an Energy Retail Business in Australia

  • 2019
    09

    Granted an electricity retailer authorisation from the Australian Energy Regulator

    07

    Completed construction of 125MW Solar Project in Mexico

    Launched “Chariot Energy,” an Energy Retail Business in the U.S.

    06

    Completed construction of 100MW Solar Project in Vietnam

  • 2017
    12

    Entered the Malaysian Solar Market (48MW)

  • 2016
    12

    Signed Power Purchase Agreement (PPA) for 402MW Solar Project in Nevada, USA

  • 2015
    01

    Commissioned 24MW Kitsuki Solar Power Plant in Japan

  • 2014
    09

    Entered the Solar Power Business

  • 2012
    11

    Merger of Yeosu Cogeneration Co., Ltd. and Gunjang Cogeneration Co., Ltd. : Hanwha Energy Established

  • 2007
    12

    Established Yeosu Cogeneration Co., Ltd. and Gunjang Cogeneration Co., Ltd.

Convergence, Pioneering
Smart Utility Solutions

  • 2024
    10

    Merged Convergence Business into Hanwha Energy

    05

    Opened Global O&M Remote Operation Center (Georgetown, TX, USA)

  • 2023
    09

    Established Hanwha Shinhan TWh Co.,LTd

  • 2022
    11

    Changed Corporate Name to Hanwha Convergence

    Entered U.S. O&M Business

    10

    Launched HEIS 2.0 (Hanwha Energy Integrated Platform)

    07

    Launcehd Renewable Energy Generation Forecasting & Brokerage Service

    05

    Launched Green Energy Platform Division (Transfer of Hanwha Energy's O&M business)

    03

    Opened Sejong Facility (O&M Integrated Control Center)

  • 2019
    11

    Developed FIMS (Factory Infrastructure Monitoring Solution)

    09

    Developed WATT (Automated Software Testing Solution)

  • 2017
    10

    Won the automatict control system project for Navy Waterproof Training Equipment Simulators

    06

    Built ECHO Project Smart Factory

  • 2016
    04

    Awarded P-Project for a Korean Company S in Pyeongtaek

    01

    Joined Hanwha Group

  • 2015
    11

    Developed InterSysLink (Data Relay Solution)

  • 2012
    12

    Established China Subsidiary (Xi’an, SIT Industrial Automation System)

    08

    Entered Automotive & Plant Engineering Sectors

  • 2009
    09

    Established U.S. Subsidiary (Austin, SIT Tech Co., Ltd.)

  • 2006
    02

    Established Corporate Research Center

  • 2001
    11

    Developed Utility Integrated Control System

    09

    Established SIT Co., Ltd.