Hanwha is ramping up its response to the challenges of climate change as green energy becomes a global necessity. As a comprehensive green energy solutions provider, we are pioneering future markets by combining our energy production and transportation know-how with our expertise in energy sources and materials. Hanwha is at the forefront of building a green energy value chain that encompasses solar, hydrogen, and wind energy as well as green marine solutions. Our solar power business is expanding from module production to a fully integrated supply chain, in addition to offering high-value-added services using information technology. We are accelerating our development of onshore and offshore wind power generation and creating sustainable transformation in the ocean and marine energy ecosystem. From land-based energy solutions to low- and zero-carbon marine technologies, we are tapping into green energy’s outstanding potential and strengthening our competitiveness as a green energy solutions provider to lead the way to net zero.

• World-class solar module production capacity of 12.4 gigawatts (GW) per year
• Maintains No. 1 market share in the US residential and commercial solar markets
• Awarded its first EuPD Research Top Brand PV seal in the U.S., adding to nine consecutive years in Europe and seven consecutive years in Australia
• Awarded Top Performer recognition six years in a row by PVEL
• Build next-generation eco-friendly special tankers, featuring high-efficiency engines and latest fuel-saving technology
• Build ultra-large wind turbine installation vessels (WTIV), develop smart ship systems
• 102.5MW of Qcells solar modules have been installed and commissioned in Facebook data centers as Facebook’s first solar project in the state of Georgia, United States
• Operates the world’s first 50-megawatt (MW) by-product hydrogen-fuel-cell power plant, powered solely by hydrogen extracted as a byproduct of chemical refining
• First in South Korea to secure mixed hydrogen combustion technology, reducing carbon and nitrogen oxide emissions

At Hanwha, we provide solutions to create sustainable infrastructure on Earth and in space by innovating proprietary technologies. We have accumulated expertise in a range of business areas focused on the future of humanity, developing original aerospace technologies including engines for space-launch vehicles, advanced Earth orbit observation, satellite-based communication capabilities and urban air mobility (UAM).

But our solutions have a far greater reach. As part of our bold vision for the future, Hanwha is also creating an industrial ecosystem of land- and ocean-based innovations to enhance the safety and enrich the lives of our customers right here on Earth. Our expansive portfolio includes intelligent AI camera and analysis technology, AIoT platform convergent technology and blockchain security as well as shipbuilding expertise, large-scale plant management, and advanced offshore plant construction capabilities.

• Assembled and delivered more than 9,700 aircraft engines over 40 years as of 2022
• Strategically invested USD 170 million in Overair, a U.S. aeronautics company that develops electric aircraft, air taxis, and personal air vehicles
• USD 300 million investment in OneWeb, a leading global satellite broadband internet provider based in the U.K.
• Acquired the business and assets of Phasor Solutions, a U.K.-based satellite communication antenna developer, to step up its advance into the global business
• USD 41 million of equity investment in Kymeta to support growth in the global mobile satellite-cellular connectivity technology market
• Global leader in commercial ships, producing best-in-class LNG carriers with leading LNG-related technology such as fuel gas supply systems (FGSS) and partial regasification systems (PRS) as well as LPG carriers built with eco-friendly technology and high efficiency
• No. 1 leader in very large crude oil carriers (VLCCs)
• Built the world’s first floating LNG facility
• Global leading video-surveillance solutions provider
• Fast-growing player in the global-security industry with next-generation technologies such as deep learning and AI

A circular economy that facilitates efficient and eco-friendly use of resources is now a pressing global priority. In response, Hanwha is taking the lead in fast-tracking carbon neutrality and promoting a sustainable infrastructure that dramatically reduces carbon emissions by manufacturing green essential materials. We are also expanding investment in and development of innovative technologies as we continue to advance our eco-friendly and high-value-added chemical businesses, including recycling waste plastics and eco-friendly bioplastics.

• Annual ethylene production capacity: 3.82 million tons
• Annual purified terephthalic acid (PTA) production capacity: 2 million tons
• 70% global market share for lightweight composite materials for motor vehicles, including glass mat thermoplastics (GMT) and lightweight reinforced thermoplastics (LWRT) (globally #1)
• Supplying global automotive companies with lightweight composite materials for battery housings

As a leader in the digital innovation of the financial industry, Hanwha aims to generate sustainable prosperity as we help our customers and society grow. We offer digital financial solutions optimized for diverse lifestyles, proactively investing and advancing into tech-based financial services such as AI and big data. We expect to lead in digital financial innovation as we develop and operate a breakthrough digital platform and expand into a variety of new areas. We also continue to support startups and young entrepreneurs to establish a healthy industry ecosystem that creates opportunities for shared growth.

• Korea’s 2nd largest non-banking financial solutions provider
• Hanwha Life (data as of 2021)
  • Total assets: KRW 129 trillion/USD 109.2 billion (2nd largest in Korea)
  • Premium income: KRW 14.7 trillion/USD 12.9 billion
• Launched Hanwha Life Financial Service, largest insurance agency in Korea
• Launched Carrot, Korea’s first digital non-life-insurance company, in collaboration with SK Telecom and Hyundai Motor Company in 2019
• Launched Pinetree Securities in Vietnam, which offers digital investment opportunities
• Hanwha Asset Management (data as of 2021)
  • Assets under management (AUM): KRW 109 trillion/USD 91.4 billion

With robust online and offline platforms in engineering & construction (E&C) and retail & services, Hanwha sustains the lifestyles and dreams of customers. We plan to expand into developing large–scale complexes and change the view of urban living by using our accumulated design and operational capabilities as well as our technology and expertise to provide benefits for the public and achieve business success. We offer customers differentiated experiences in E&C and retail & services to enrich leisure and lives, from premium lifestyle department stores, luxury boutique hotels and high–end resorts to commercial complexes that showcase city living and culture. We expect to leap forward as a lifestyle platform company. By developing new and relevant content while strengthening the competitiveness of our existing businesses, we will create innovative experiences and value for daily lives.

• Hanwha offers more than 4,716 condominium-like rooms across 10 resorts
• Five luxury department stores across major Korean cities including Seoul
• Hanwha leads the Korean leisure industry by operating three golf courses, five eco-friendly aquariums, and much more
• Cumulative orders over KRW 11.9 trillion/USD 10 billion due to the construction of Bismayah New City
• Building power and chemical plants in the Middle East and North Africa
• Constructing Saudi Arabia’s Yanbu Phase 2 Expansion MED Seawater Desalination Plant, which will produce 15 million gallons of fresh water per day
• Constructed the Philippines Arena, the world’s largest domed performance hall, and an outstanding example of creative architectural design
• Recipient of the 2021 CTBUH Renovation Award for sustainable development