Hanwha Energy Enters Agreement to Acquire Texas Gas-Fired Power Generation Facility
ERCOT Asset Aims to Support Company’s U.S. Market Expansion Houston, Texas – March 17, 2026 – Today, Hanwha Energy USA Holdings Corporation (HEUH), a subsidiary of Hanwha Energy, announced it entered into an agreement in mid-February to acquire a natural gas-fired power generation asset in Texas. This transaction represents another step in the company’s ongoing strategic expansion into power generation in the U.S. The proposed acquisition includes a 324-MW simple-cycle facility located in ERCOT’s West Zone. The transaction remains subject to customary […]
Hanwha Energy USA Announces Formation of Unified Solar and Storage Development Platform
Houston, TX – January 1, 2026 – Hanwha Energy USA Holdings (HEUH) today announced the formation of a single, unified development platform through the alignment of 174 Power Global (174PG) and Hanwha Renewables (HWR), operating under the Hanwha Renewables brand. The newly formed organization is purpose-built to scale solar PV and battery energy storage (BESS) […]