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Hanwha Group, KDB to cooperate in green energy sector
Posted : 2021-05-12 16:48
Hanwha Group headquarters in central Seoul / Courtesy of Hanwha GroupBy Anna J. Park
Hanwha Group and Korea Development Bank (KDB) signed an agreement Wednesday to cooperate in green energy and financing projects worth 5 trillion won ($4.5 billion) over the next five years.
According to Hanwha Group, the signing ceremony was held on Wednesday afternoon at Hanwha Solutions Jincheon plant, located in the country s interior North Chungcheong Province.
KDB Chairman Lee Dong-gull and Hanwha Solutions CEO and President Kim Dong-kwan ― the eldest son of Hanwha Group Chairman Kim Seung-youn ― attended the joint signing ceremony, along with incumbent CEOs of Hanwha Group s other subsidiaries related to green energy, including Hanwha Energy, Hanwha Power Systems and Hanwha Engineering & Construction.
Posted : 2021-04-29 15:32
Updated : 2021-04-29 18:11
An LS Cable & System employee checks components for electric vehicle batteries at the company s facility in Poland. Courtesy of LS Group
LS Group has gone all-out to improve its presence in eco-friendly industries as part of its efforts to find future growth engines for the post-COVID-19 era.
The group said Thursday that this is in line with Chairman Christopher Koo s vision to expand into eco-friendly industries.
In a New Year message, the chairman urged employees to focus on four key goals: improving capability in cash creation; nurturing new growth engines in eco-friendly businesses such as solar power, smart-grid and electric car components; expanding into overseas markets; and achieving digital transformation.
LS Group leading eco-friendly technologies
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