Market trends and business perspectives
Hanwha Robotics has demonstrated a CNC machine tending solution using its HCR-5 collaborative robot.
The company says the demand for collaborative robot solutions is increasing because such solutions enable the operator to reduce waiting times during the process.
These solutions also relieve workers from ergonomically unfavorable and hazardous jobs. [Read more…] about Hanwha demonstrates CNC machine tending using collaborative robot
Hanwha Precision Machinery’s Robot Business Division has signed a Memorandum of Understanding with Wipro Infrastructure Engineering (WIN) to establish a local sales and operations office in India.
The partnership combines the core competencies between the two companies: Hanwha’s cobot manufacturing and development capabilities and WIN’s Automation Solutions business and broad sales network in India.
Through this partnership, Hanwha Robotics will be able to sell its factory automation cobots to WIN’s customer base through its sales network.
[Read more…] about Hanwha Robotics and Wipro team up on Indian cobot market
Hanwha Aerospace has signed a deal to fully acquire EDAC Technologies, an American aircraft engine component manufacturer. The deal is expected to be worth around USD 300 million, which will be finalised once negotiations are completed.
The Korean company made a preliminary bid for EDAC Technologies in April of 2019 and entered a period of due diligence before making a final offer.
EDAC Technologies is an aircraft engine component manufacturer based in Connecticut, with a workforce of 590 people. It recorded USD 150 million in revenue in 2018.
[Read more…] about Hanwha Aerospace acquires US aircraft engine component manufacturer
Hanwha Energy has been awarded a major solar energy contract by Hawaiian Electric Company (HECO) as part of the state’s efforts to achieve 100% renewable energy generation.
The contract is for the Hoohana project, a major solar energy development on the island of Oahu, Hawaii, USA. South Korea-based Hanwha Energy will develop, construct, and operate a USD 140 million solar farm by 2021.
Under the terms of the Power Purchase Agreement, Hanwha Energy will operate this 52MW photovoltaic power plant and a 208MWh Energy Storage System (ESS) for 20 years.
[Read more…] about Hanwha Energy extends its reach across the Pacific with Hawaii energy project
Hanwha Q Cells Co., Ltd., one of the largest solar cell and module manufacturers in the world, achieved top market share in Germany’s solar module market in 2018, according to the survey, Global PV InstallerMonitor 2018/2019 by EuPD Research.
According to the International Energy Agency (IEA), Germany’s electricity production from solar energy accounted for 6.1% of the total electricity generation in 2017, while electricity production from renewable sources reached 33.6%.
In 2018, renewables overtook coal to become Germany’s main energy source, supplying just over 40% of electricity production according to research from Fraunhofer.
[Read more…] about Hanwha Q Cells is No.1 in German solar module market
Hanwha Q Cells Japan claims it is now “the leading solar module supplier in Japan”, with 770 MW of module shipments in 2017.
Hanwha, which is headquarted in South Korea, says this growth builds upon a strong showing for Hanwha Q Cells Japan in 2016, when the company was the second largest module supplier with 700 MW of shipments.
Hanwha Q Cells Japan first entered the Japanese solar market in 2011. In 2012, the company delivered a relatively modest 50 MW of modules, before rising to become the leading overseas player in 2013 with shipments of 500 MW. [Read more…] about Hanwha claims to be Japan’s leading solar modules supplier
South Korean industrial giant Hanwha has made a presentation at the United Nations in which it explained more about its so-called “Solar Forest” project.
Hanwha claims to be “the world’s leading solar energy solutions provider”, and established its Solar Forest project in 2011.
Since then, Hanwha claims to have planted 490,000 trees in six new forests in China, Mongolia, and South Korea. [Read more…] about Hanwha presents ‘Solar Forest’ project to United Nations
Hanwha Robotics, part of the South Korean industrial giant Hanwha Group, is partnering with engineering company PBA Group to open a collaborative robot production facility in Singapore.
The facility will be located at Yishun Industrial Park on the tiny island city-state, according to ChannelNewsAsia.com.
PBA is a Singaporean company and has also reached an agreement with local engineering giant ST Kinetics – part of the group which recently bought Aethon – covering a wide range of activities relating to robotics and automation projects. [Read more…] about Hanwha partners with PBA Group to open collaborative robot production facility in Singapore
Hanwha has been showing off its new collaborative robot, which it may utilise in its various automation projects going forward.
The company recently won a contract to provide a logistics automation facility for the Nexen Tire company’s planned factory in the Czech Republic.
Hanwha says it has made inroads into robotics because it had anticipated its importance. [Read more…] about Hanwha Techwin shows off its new collaborative robots
Hanwha has closed a deal on a $79.26 million project to build a logistics automation system and facility for Nexen Tire in the Czech Republic.
A major Nexen Tire Czech plant is being built in Zatec, 70 km northwest of Prague, the capital of the Czech Republic.
The plant will serve as Nexen’s tire production base in Europe as the location lends itself to easy access to key markets in Europe including the UK, France, and Germany. [Read more…] about Hanwha to build logistics automation facility for Nexen Tire’s Czech factory
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