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Hanwha Power Systems and PSM unite as Hanwha Power, a global compressor and gas turbine business

  • Hanwha Power Systems and PSM will merge their brands and rename the company to Hanwha Power to serve the global compressor and gas turbine market.
  • Hanwha Power aims to meet the fast-changing needs of the global power generation market and provide comprehensive energy lifecycle optimization.
  • The company plans to focus on high-efficiency gas turbines, precision fuel supply systems, and expand into low-carbon power generation using fuels such as hydrogen and ammonia.
  • CEO Rafi Balta stated that Hanwha Power will consolidate rotating machinery technologies, enhance service quality, and lead decarbonization efforts in the power industry.
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47 Articles

The Berkshire EagleThe Berkshire Eagle
+46 Reposted by 46 other sources
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Hanwha Power Systems and PSM unite as Hanwha Power, a global compressor and gas turbine business

The combined company will accelerate its expansion into global energy markets, including power plants and data centers.

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PR Newswire broke the news in United States on Wednesday, March 25, 2026.
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