SEOUL, July 12 (Korea Bizwire) — Hanwha Remedies Corp., a crucial vitality device of South Korean conglomerate Hanwha Group, explained Tuesday it will operate with a German renewable strength organization to force for a 500 megawatt (MW) photo voltaic power enhancement task in the European region in a bid to faucet further into the location with its thoroughly clean strength business.
Hanwha Q Electrical power, Hanwha Solutions’ wholly-owned subsidiary in Germany, will co-build 38 photo voltaic ability plant jobs, with the measurement in array of 2-70 MW each and every, with Enviria Strength, a Frankfurt-centered renewable electricity options enterprise, Hanwha said in a release.
Hanwha claimed 500 MW generates enough energy to give electrical power to 150,000 households for every yr in Germany.
Hanwha Solutions will benefit from Enviria’s nearby networks to safe the land desired for the photo voltaic energy advancement and similar govt licensing, it mentioned.
By 2025, Hanwha Solutions ideas to build and sell solar energy crops there or run them immediately and offer electric power.
It will also find possibilities to diversify and increase the renewable energy business to these these as wind electric power, power storage method and some others, Hanwha added.
Hanwha Options released Q Power early this thirty day period to oversee its strength business enterprise in Europe. As a result of Q Vitality, Hanwha Remedies controls RES Mediterranee SAS, a main French renewable power firm it obtained very last October.