Industry
Hanwha Power Systems and PSM integrate and launch as Hanwha Power
Hanwha Power Systems, a subsidiary of Hanwha Impact, and U.S. gas turbine services company PSM will integrate their brands and change their name to Hanwha Power, the company said on Tuesday. The aim is to move beyond a structure focused on supplying individual facilities and become a solutions company covering the broader energy infrastructure. Hanwha Power plans to build an integrated energy infrastructure solution system centered on gas turbines and compressors and to integrate global bases across North America, Europe, the Middle East and Asia.