Hanwha joins TIME's fourth annual TIME100 Most Influential Companies list, which spotlights 100 companies making an extraordinary impact around the world. TIME recognized Hanwha for both its expansion into the global defense industry and strong advances in the renewable energy sector.
TIME highlighted the company's plans to deliver the world's first large-scale, carbon-emission-free liquefied natural gas carrier and noted that "with 90% of goods traded across the ocean, Hanwha's initiative could usher in a future of more sustainable supply chains."
As a comprehensive provider of energy solutions across the entire value chain — from energy production and storage to transport — Hanwha is driving the energy transition forward with its diverse portfolio of energy solutions and innovations.
Hanwha has also invested $2.5 billion to establish the first end-to-end solar supply chain in the U.S., expanding its annual manufacturing capacity for solar modules and their key components to bolster growth in clean energy.
To assemble the list, TIME solicited nominations across sectors and polled its global network of contributors and correspondents, as well as outside experts. Then TIME editors evaluated each key factor, including impact, innovation, ambition, and success. The result is a diverse group of 100 businesses helping chart an essential path forward.?