Hanwha's Clean Energy initiatives contribute to its goal of net-zero emissions.

Clean Energy &

Ocean Solutions

We drive the energy transition forward
with a diverse
portfolio of integrated innovations

What We Do

Our comprehensive range of tangible clean energy solutions
includes solar, hydrogen, and wind, spanning the entire value chain.
We aim to drive the energy transition forward in pursuit of net zero while
providing our global partners with the flexibility and fundamentals they need.

Solar

As one of the world’s top solar brands,
we provide reliable end-to-end solar solutions

Hanwha Qcells is the No. 1 market share holder in the U.S. in both the residential and commercial solar module markets.
Renowned for our advanced technology and product quality, we manufacture one in three solar panels installed on
rooftops in America. We're also diversifying our global solar energy business to accelerate the use of clean energy
worldwide. With a first-of-its-kind $2.5 billion investment in building a fully integrated, silicon-based supply chain in the
U.S., Hanwha is pioneering the country’s biggest solar value chain in history — spanning raw materials to finished
products. By investing in promising new technologies like perovskite tandem cells, we’re establishing a solid solar
foundation for today and tomorrow.

Hanwha has expertise in solar power generation, energy systems solutions and energy retail.

Our expertise

Solar cells and modules
Energy systems solutions
Solar power generation
Solar power plant operations and management
Virtual power plant operations and management
Energy retail
Solar financing

Hydrogen

We’re driving the energy transition
by building out the hydrogen economy

Hanwha believes in a holistic approach to clean energy and is pioneering future fuels such as hydrogen — a promising
solution to climate change that could make hard-to-abate industries greener. We’re investing in the entire hydrogen
industry ecosystem by using renewable energy and ammonia for carbon-free hydrogen production and advancing water
electrolysis technology, hydrogen storage, delivery, and utilization.

Hanwha's hydrogen-fuel-cell power plant at the Daesan Industrial Complex is the world's largest in size and production capacity.

Our expertise

Clean ammonia production, cracking, and commercialization
Hydrogen storage and delivery solutions, and clean hydrogen ammonia delivery
Green hydrogen production using anion exchange membrane (AEM) electrolysis technology
Hydrogen power generation
Hydrogen-powered air mobility

Wind

To realize carbon neutrality through clean energy,
we’re actively investing in wind power and
pursuing next-level wind infrastructure projects

Working to catalyze the transition towards carbon neutrality, we aim to strengthen our competitiveness and become a
leader in green infrastructure development.
To take clean energy to new heights, we are expanding our global presence in offshore wind and accelerating our growth by
leveraging our capabilities as an offshore solutions provider. We are also actively pursuing the construction of wind turbine
installation vessels (WTIVs) to secure dominance in the rapidly growing offshore wind market.

Hanwha developed the 400MW Shinan Ui offshore wind power project.

Our expertise

Offshore wind farm development
Offshore wind engineering, procurement, construction, installation (EPCI)
Offshore wind solutions: Wind turbine installation vessels (WTIV), offshore substations (OSS), floater technology

Marine Solutions

As an industry trailblazer, we innovate
smart, green marine solutions

At Hanwha, we’re looking to expand the reach of clean energy sources such as hydrogen and ammonia. We’re also
bolstering our clean energy value chain to encompass production, storage, and transportation. While strengthening our
presence as a global shipbuilder, we’re developing green with the aim of decarbonizing the global shipping and
shipbuilding industries through cost-effective and reliable solutions. Additionally, Hanwha will continue to develop innovative
digital technologies beyond decarbonization to achieve net-zero carbon emissions while building out the clean energy value chain.

In November 2024, Hanwha acquired Dyna-Mac Holdings and relaunched it as Hanwha Offshore Singapore in early 2025,
strengthening its offshore and marine energy solutions and advancing its role as a comprehensive EPCIO (engineering,
procurement, construction, installation, and operation) provider for renewable energy and marine facilities.

Hanwha develops LNG carriers equipped with next-generation green technologies such as rotor sails.

Our expertise

Very large ammonia carriers (VLACs)
Ammonia-fueled gas turbine LNG carrier design and supercritical carbon dioxide (sCO2) power systems
Ultra large liquefied carbon dioxide (LCO2) carriers
Fuel gas supply systems (FGSS) and partial regasification system (PRS) LPG carriers
Large crude oil carriers (VLCCs)
Floating LNG facilities
EPCIO services for marine facilities

Bridge Solutions

As a provider of comprehensive energy solutions,
we offer strategic flexibility and help communities
seamlessly bridge energy gaps

Energy needs are community specific, which is why we continue to diversify our energy business portfolio. To help
communities bridge energy gaps, we’re streamlining production, storage, and transportation across our integrated LNG
value chain. We’re also adopting hydrogen gas turbine technology to transform potentially stranded fossil
fuel assets into sources of eco-friendly power generation. In 2023, we achieved the world’s highest hydrogen co-firing
rate of 60% on an 80-MW gas turbine with reduced CO2 and NOx emissions.

Hanwha has expertise in hydrogen co-firing power generation and LNG power plant construction.

Our expertise

Hydrogen co-firing power generation
LNG power plant construction
Development of LNG carriers and offshore plants

Materials

We produce differentiated high-value and
eco-friendly materials for a circular economy

As industries strive for carbon neutrality, Hanwha is leading the way with sustainable ways to manufacture essential
materials, having achieved the International Sustainability & Carbon Certification (ISCC) PLUS recognition for ten products
including caustic soda and chlorine. We also supply energy resources and materials such as silicon- and nitrogen-based
materials to partners that make semiconductors and batteries. Thanks to our investment in REC Silicon, we use
hydroelectric power to produce clean polysilicon for the solar and electronics industries. We’re also making strides in
resource sustainability, plastics-to-chemicals (PTC) technology, and eco-friendly materials as we pursue circularity in industry.

The REC Silicon plant in Moses Lake, Washington produces clean polysilicon with zero greenhouse gas emissions.

‘Source: REC Silicon’

Our expertise

Solar-grade polysilicon and silane gas for batteries and semiconductors
Ammonia, nitric acid, and nitrogen-based products
Polyolefin (PO) products, including LDPE, EVA, LLDPE, HDPE, wire and cable (W&C) compounds, and H-HCR
PVC, chlor-alkali (CA) products, including caustic soda (NaOH) and chlorine (Cl2)