Introduction

2023

World's first successful demonstration of mid-to-large scale hydrogen blend generation(blend rate 59.5%) and complete hydrogen combustion.

Acquisition of a subsidiary's gas turbine maintenance, repair, and modification business and entering the hydrogen-blended compressor market.

Launch of Marine Solution Business

2022

Changed the holding company to 'Hanwha Power Systems Holdings Corp.', a subsidiary of Hanwha Impact.

Awarded Global R&D 100 for sCO₂ Engine Development for the first time

Entering the Ethylene Compressor and CO₂ Compressor Market

Delivered over 7,000 units of turbo compressors worldwide

2021

Achieved sCO₂ engine US DOE national project goal

2020

Selected as a hydrogen fueling system supplier of Korea Gas Corporation(KOGAS)

Delivered over 6,000 units of turbo compressors worldwide

2019

Authorized service center agreement(for Korean market) with Baker Hughes

ADNOC(Abu Dhabi National Oil Company) approved service vendor registered

2018

Launched Turbo Expander Generator(TEG), an environment-friendly energy solution

Hydrogen compressor packager agreement with PDC

Delivered over 5,000 units of turbo compressors worldwide

2017

MOU signed with KEPCO to jointly develop oxy-fuel gas turbine techcnology

New beginning as ‘Hanwha Power Systems’

2016

Saudi Aramco approved vendor registered(API617 Process Compressor & Blower)

Reciprocating compressor packager agreement with GE oil&Gas

2015

MOU signed with KOGAS to jointly develop turbo expander generator

New beginning in Hanwha group as “Hanwha Techwin”

Delivered over 4,000 units of turbo compressors worldwide

2014

Contract to supply the World 1st integrally geared centrifugal compressor for offshore VRU application

Obtained the nation’s first international certification for LNG Carrier gas compressor from DNV(Det Norske Veritas)

2013

SA3100, the World’s Largest Capacity of Air cooled compressor introduced

ISO8573-1(Class 0) Certified

2012

SE Series, engineered compressor line-up, introduced

Co-development agreement with high-pressure gas compressor with KOGAS

3,000th Turbo Compressor Delivered

2011

SM8000 PTA Plant Process Air compressor delivered

2010

Completion of dedicated production & test plant for large-volume compressors and gas turbine compressor/generator packages

Fuel gas compressor/Steam compressor/Expander developed

2009

Strategic cooperation agreement with Dresser Rand(Gas turbine compressor/generator package)

SA2000, air-cooled air compressor, launched

2008

SM7000, engineered air compressor, introduced

2007

5,000th Gas Turbine Engine Delivered

1,000th Turbo Compressor Delivered

SM2000 introduced

2005

SM Series Turbo Air Compressor Introduced

2000

Long-Term Sole-Source Contract with Rolls-Royce Trent 900

1999

ISO9001(BSI)Certified

1997

First model of Turbo-Master(Air Compressor) Introduced

1996

Industrial Gas Turbine Developed

1985

PW4000 Risk and Revenue Sharing Program with P&W

1979

Overhaul and Repair of Aircraft Gas Turbine Engines

1977

Company Established