Strengthening Wind Power and Water Treatment Capabilities... Hanwha Construction Aiming to Become a 'Green Developer'

Jeju Sumang Wind Power Plant constructed by Hanwha Engineering & Construction

Hanwha Construction is accelerating its leap forward as a 'Green Developer,' making eco-friendly businesses its future growth engine. The company plans to strengthen its capabilities to become a top-tier domestic developer beyond a simple contractor in environmental sectors such as wind power generation and water treatment.

To expand its wind power generation business, which it has been promoting since 2013, Hanwha Construction established a Wind Power Business Office directly under the CEO at the end of last year and reinforced its competitiveness by recruiting specialized personnel. Since wind power projects require a long time from site selection and wind resource assessment to actual construction, long-term investment is essential.

As a result of these efforts, 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) last year. Additionally, it is accelerating project development for wind power complexes totaling 100MW, including the 90MW Yangyang Suri Wind Power Complex, as well as sites in Yeongcheon and Yeongwol.

The company is expanding its business area not only onshore but also offshore. It is leading the development of the Shinan Uii Offshore Wind Power Project (400MW), which involves a total investment of over 2 trillion KRW, and has begun wind resource surveys for multiple new offshore wind power projects. Offshore wind power is a core sector of Korea's Green New Deal policy and is gradually increasing its share in the global renewable energy market.

Hanwha Construction aims to develop wind power projects totaling more than 2GW (2000MW) onshore and offshore by 2030 and to enter overseas markets.

Aerial view of Daejeon Sewage Treatment Plant being developed into a park and sports culture facility on the ground

Hanwha Construction is also laying the foundation to become a large-scale environmental project developer in the water treatment sector, where it already has strengths. In the 2020 comprehensive construction company performance evaluation, Hanwha Construction ranked first in sewage treatment plants and sewer construction achievements.

In January this year, the Hanwha Construction consortium was selected as the preferred negotiator for the Daejeon Sewage Treatment Plant Facility Modernization Private Investment Project, with a total project cost of 729 billion KRW, proving its accumulated capabilities in large-scale environmental projects. This project involves consolidating and relocating sewage treatment plants in Wonsan-dong, Yuseong-gu, and manure treatment plants in Ojeong-dong, Daedeok-gu, to a resource circulation complex near Geumgo-dong, Yuseong-gu.

Additionally, in 2019, Hanwha Construction won the contract for the Cheonan Sewage Treatment Plant Facility Modernization Project, worth 196.9 billion KRW, which is currently underway.

Choi Kwang-ho, CEO of Hanwha Construction, said, "Hanwha Construction has grown into a 'global developer' by carrying out numerous projects domestically and internationally in architecture, housing, civil engineering, plants, and new towns. To lead the upcoming carbon-zero era, we will make eco-friendly businesses our future growth engine and leap forward as a 'Green Developer' providing comprehensive solutions in this field."

This content was produced with the assistance of AI translation services.