Hanwha Power Systems Strengthens Gas Turbine Maintenance Service Capabilities

MOU Signed with Korea Plant Service
Localization of Gas Turbine Technology

Hanwha Power Systems announced on the 13th that on the 10th, it signed a Memorandum of Understanding (MOU) for technology exchange and innovative growth in the gas turbine and industrial equipment service sector with Korea Plant Service at the Hanwha Research and Development (R&D) Center in Seongnam, Gyeonggi Province, agreeing to cooperate in the gas turbine maintenance service field.

Hanwha Power Systems announced on the 13th that it signed a Memorandum of Understanding (MOU) for technology exchange and innovative growth in the gas turbine and industrial equipment service sectors with Korea Plant Service on the 10th at the Hanwha Research and Development (R&D) Center in Seongnam, Gyeonggi Province. From the left: Kim Su-kyung, Head of AM Business Division at Hanwha Power Systems (Executive Director), Lee Gye-seong, Head of Business Division at Korea Plant Service (Executive Director) (Photo by Hanwha Power Systems)

The two companies will establish a domestic production system for consumable gas turbine parts and an integrated management system, and will enter into contracts for routine and planned maintenance. They also plan to create synergy in gas turbine-related fields through mutual technical support for emergency services and cooperation on gas turbine performance enhancement technologies.

This collaboration is expected to lead the localization of the domestic gas turbine aftermarket service market and help gas turbine users achieve cost reductions in operations.

Hanwha Power Systems has been pursuing carbon-free power generation technology development since acquiring the U.S. company PSM in 2021, in line with the government’s carbon neutrality goals. It has taken the lead in domestic gas turbine technology localization by strengthening its capabilities in supplying power plant equipment parts both domestically and internationally, as well as its expertise in long-term maintenance service agreements (LTSA).

Lee Gu-young, CEO of Hanwha Power Systems, said, "Starting with aviation gas turbine engines, we have succeeded in developing partial load operation and eco-friendly combustors, and by adding Korea Plant Service’s technology, we expect to provide differentiated services." He added, "This will serve as a cornerstone for strengthening national competitiveness and expanding market development by enhancing the self-reliance of domestic gas turbine parts, repair technology, and maintenance capabilities."