In South Korea, Hanwha said it will establish a clean hydrogen value chain encompassing hydrogen production, storage, transportation, and utilization through cooperation among seven of its affiliates.
The involved entities are Hanwha Corporation, Hanwha Energy, Hanwha Solutions, Hanwha Aerospace, Hanwha Ocean, Hanwha Impact, and Hanwha Power Systems.
In order to further develop clean hydrogen production technology, Hanwha Solutions is developing next-generation anion exchange membrane water electrolysis (AEMWE) technology, which can produce hydrogen using less power and with a lower initial investment cost than existing water electrolysis methods. Hanwha Energy also plans to contribute to the supply of green hydrogen in the U.S. through renewable energy sources.
Hanwha Corporation also said it plans to establish competitive ammonia manufacturing and supply facilities both domestically and globally through cooperation with businesses in North America, Australia, and the Middle East.
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