Hanwha Construction Establishes New Wind Power Division... Accelerating Eco-Friendly Energy Business
Hanwha Construction is accelerating its eco-friendly energy business this year, following the establishment of its Wind Power Business Office at the end of last year.
According to Hanwha Construction on the 25th, the Wind Power Business Office will play a key role in the eco-friendly energy business going forward. Last year, Hanwha Construction successfully completed the 76MW Yeongyang Wind Power Complex (22 units of 3.45MW each) and the 25MW Jeju Sumang Wind Power Complex (7 units of 3.6MW each), and is preparing to start construction within the year on the 88MW Yangyang Suri Wind Power Complex. In addition, it is accelerating project development for wind power complexes totaling 100MW in Yeongcheon and Yeongwol.
Hanwha Construction is also expanding its business into offshore areas. It is leading the development of the largest offshore wind power project in Korea, the 400MW Shinan Ui Offshore Wind Power Project. It has also begun wind resource surveys for the development of a new offshore wind power complex off the coast of Boryeong, Chungnam.
Hanwha Construction is putting great effort into the hydrogen energy business as well. Last year, it completed the world's first and largest Daesan Hydrogen Fuel Cell Power Plant utilizing by-product hydrogen in the Daesan Industrial Complex, Chungnam. This power plant has a capacity of 50MW and produces 400,000 MWh of electricity annually, supplying power sufficient for approximately 160,000 households in the Chungnam region. This year, Hanwha Construction is reviewing participation in various green hydrogen energy projects together with group affiliates such as Hanwha Solutions and Hanwha Energy.
Choi Kwang-ho, CEO of Hanwha Construction, stated, "We will pursue sustainable development by strengthening competitiveness in the eco-friendly energy business."
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