Hanwha’s Energy Value Chain Brings Clean Power to the People
How 
’s
Energy Value Chain
Delivers Clean Power
to the People
Ensuring access to reliable energy sources is a task that begins long before a power plant even goes online. To do so, multiple Hanwha businesses have come together to form a comprehensive energy value chain that runs from obtaining raw materials all the way to flipping a switch at home. In between, Hanwha provides a diverse portfolio of products and services, from manufacturing essential energy equipment to operating power plants and offering project financing.
Here comes the sun: full-service solar solutions
Multiple Hanwha businesses work in concert to make sure clean solar energy is readily available for home, commercial, and industrial use
Since it first entered the solar energy industry, Hanwha has been steadily expanding its capabilities to become a full-spectrum player in the market. Hanwha Solutions Q CELLS Division, a major global producer of residential and commercial solar energy solutions, produces solar modules that generate clean electricity. These modules are backed with ethyl vinyl acetate sheets manufactured by Hanwha Solutions Advanced Materials Division using resin from Hanwha Solutions Chemical Division.
Hanwha Energy develops and operates solar power plants and maintains a global energy retail business across Asia, Australia, Europe, and North America. It provides project financing and operational support for the construction and running of solar power plants, many under the banner of its 174 Power Global subsidiary. In addition, Hanwha Q CELLS maintains its own energy retail business in Japan and Europe.
H2 all the way: end-to-end green hydrogen value chain
Hanwha is building up its hydrogen infrastructure to prepare for the global rise of the hydrogen economy
In recent years, the world’s attention has turned toward hydrogen as a viable clean energy source. With this happening, Hanwha aims to become a prime mover in the burgeoning hydrogen economy, particularly generating “green” hydrogen through low-carbon production processes. According to the World Economic Forum, around 95% of the world’s hydrogen is currently produced using fossil fuels in a process called steam methane reforming. However, for each kilogram of hydrogen it generates, this method also produces seven kilograms of carbon dioxide.
To address this issue, Hanwha Solutions Chemical Division is developing ways to mass produce green hydrogen through electrolysis, which doesn’t require fossil fuels. Instead, an electric current is run through a liquid electrolyte to split water molecules into hydrogen and oxygen atoms. Electrolysis can be made even greener through the use of electric current generated from renewable sources.
Hanwha is also finding ways to recycle waste hydrogen generated by chemical production, which would normally be burned off as industrial waste. Instead of discarding this material, Hanwha Energy constructed one of the world’s largest hydrogen fuel cell power plants and uses the byproduct hydrogen to provide clean energy for further chemical processing.
Additionally, to ensure hydrogen can be used in green energy applications, Hanwha Solutions Advanced Materials Division’s manufactures world-class Composite Overwrapped Pressure Vessels to make sure it is stored and transported safely. Compared to competing hydrogen tanks, the division’s products are lighter and can hold up to two-to-four-times more hydrogen, which translates into cost savings for both storage and transportation.
Powering up for more: Hanwha envisions a future of clean energy
Power grids around the world are experiencing transformations and an increasing number are turning away from traditional fossil fuels to adopt more sustainable solutions like solar and hydrogen. Still others are exploring the potential for decentralized energy production.
To make sure that it can meet the changing needs of its customers in the midst of changing government policies and growing concern over climate change, Hanwha is charging up its capabilities to deliver the materials, equipment, and skills needed so that the lights will stay on through newer and cleaner means.
Related Affiliates
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Hanwha Qcells
Hanwha Qcells (Hanwha Solutions Qcells division) is one of the world’s leading clean energy companies, recognized for its established reputation as a manufacturer of high-performance, high-quality solar cells, and modules, a portfolio of intelligent storage systems, and a growing international pipeline of large-scale renewable energy projects. Hanwha Qcells also provides renewable electricity retail services and packages to end customers the world over. The company is headquartered in Seoul, South Korea (Global Executive HQ) and Thalheim, Germany (Technology & Innovation HQ) with its diverse international manufacturing facilities in the U.S., Malaysia, China, and South Korea. Hanwha Qcells strives to offer Completely Clean Energy through the full spectrum of photovoltaic products, storage solutions, renewable electricity contracting, and large-scale solar power plants. Through its growing global business network spanning Europe, North America, Asia, South America, Africa, and the Middle East, Hanwha Qcells provides excellent services and long-term partnerships to its customers in the utility, commercial, governmental, and residential markets.
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Hanwha Energy
Established in 2007, Hanwha Energy is a comprehensive energy solutions company. We operate cogeneration plants that provide a stable supply of high-quality electricity and ultra-high-pressure steam to companies in national industrial complexes in South Korea. By providing readily available power, our plants improve the competitive advantage of our off-takers. Our cutting-edge technology consistently complies with South Korean government requirements for energy efficiency and greenhouse gas emissions reduction.
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Hanwha Chemical
Established in 1965, Hanwha Chemical is a total solutions chemical company with streamlined production systems for polyethylene (PE), polyvinyl chloride (PVC), and chlor-alkali (CA). As South Korea’s leading petrochemical company, we dominate the nation’s chemical industry with high-quality PVC, CA, and linear low-density polyethylene (LLDPE) that we offer at competitive prices.
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Hanwha Advanced Materials
Founded in 1965, Hanwha Advanced Materials has developed an innovative line of environmentally conscious products and technologies that meet the needs of our customers around the world. We developed local production plants and R&D centers in South Korea, the US, Europe and China. In December 2022, we were spun off from Hanwha Solutions to enhance our business expertise and operational efficiency. With our lightweight composite materials and solar materials, we are recognized as a global advanced materials specialist.
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Hanwha Power Systems
Hanwha Power Systems launched in 1997 on the strengths of reliable technology and deep experience in gas turbine engines. Since then, we’ve become a global powerhouse and have sold more than 5,000 units worldwide. Using advanced technology, we developed high-value-added product lines. Our product lines include air compressors for industrial processes, fuel gas compressors for power plants, boil-off gas compressors for LNG terminals and plants, and extremely low-temperature compressors, expanders, and LD/HD (low duty/high duty) compressors for LNG carriers.
