Hanwha Solutions Insight Division
- Renewable energy
- City and smart industrial complex development
- Logistics and data center development
- Participant in the K-RE100 initiative
- Premium real estate development
- Lifestyle curation
Since it was established in 2001, Hanwha Solutions Insight Division has been recognized as the leading private developer of high-tech industrial complexes. By merging into Hanwha Solutions in 2021, we set a new foundation for enhancing business competencies and maximizing management efficiency. In January 2022, we renamed our division Insight Division from the City Development Division, while integrating Qcells Division’s Korea Green Energy Solution business and Hanwha Galleria’s premium lifestyle business. After reorganization, we are currently providing differentiated solutions through comprehensive development and financing for projects such as cities, smart green industrial complexes, renewable energy, premium real estate and premium content.
By leveraging the experience and knowledge gained from developing high-tech industrial complexes, the City Development Business offers regional development models that provide forward-looking convergence and helps to revitalize local economies. With our success in Daedeok Techno Valley, additional projects followed, such as the Asan Techno Valley project, the Seosan Techno Valley project, the Gimhae Techno Valley project, the Gyeonggi Hwaseong Bio Valley project, and Yongin Techno Valley. We are now following up with projects such as Anseong Techno Valley, Seoochang Techno Valley, a 2nd Yongin Techno Valley as well as Hwaseong H-Techno Valley, Ulsan KTX Station Area Complex, Changwon Pungho-Jangcheon Urban Development, and Anseong Smart Logistics Center Development. We will continue to develop large-scale complexes that contribute to local economies by improving the industrial environment, attracting companies and creating jobs.
With the nation’s highest Engineering · Procurement · Construction (EPC) capabilities, our Energy Solution business presents an eco-friendly total energy solution that develops, invests in and constructs solar power while helping to achieve the goals of RE100, a nonprofit global renewable energy initiative. We are growing into South Korea’s No. 1 energy supplier with utility-level EPC business, such as the nation’s largest scale Hapcheon floating solar power plant, Goheung floating solar power plants, Taean Anmyeon Clean Energy as well as domestic salt farm parallel solar power system development. We will contribute to achieving RE100 and revitalizing local economies by developing business models that include local residents.
In the Premium Lifestyle business, we are an integrated developer that plans, develops and operates a luxury lifestyle platform focused on premium residential Gimhae Techno Valley Jade Garden and recreational facilities. After acquiring the transfer of business rights from Hanwha Hotels & Resorts in 2022, we have begun the process of renewing Jade Palace, the prestigious membership golf clubs in Chuncheon, and Jade Garden. We are also developing a nearby private villa complex. In addition, we are promoting various kinds of premium development projects, such as vacation homes, private villas and residences in downtown areas and resorts at home and abroad, including luxury condos in Niseko, Japan's well-known ski resort, scheduled to open in 2023.
Moving forward, the Insight Division will focus capabilities on ongoing projects for urban development, the Energy Solution salt farm parallel solar power development and Niseko condos and Jade Villas. We plan to continually discover new businesses to secure mid- to long-term growth engines.
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