Hanwha Vice Chairman Kim Dong-kwan serves as an advisor to a US renewable energy investment company

Reporter Paul Lee / approved : 2023-04-11 05:55:28
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This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
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[Alpha Biz=(Chicago) Reporter Paul Lee] Hanwha Group Vice Chairman Kim Dong-kwan served as an advisor to Sandbrook Capital (Sandbrook Capital), an investment company in the U.S. renewable energy sector.

According to industry sources on the 10th, Vice Chairman Kim recently joined the Sandbrook Capital advisory group. Sandbrook Capital is a company that invests in renewable energy infrastructure and is located in Stamford, Connecticut. Operating assets are worth about $ 4 billion (about 5.27 trillion won).

It is known for the first time that Vice Chairman Kim has an official title at an external organization, not Hanwha Group. Vice Chairman Kim's appointment as an advisor to a U.S. investment company is interpreted as aimed at looking at trends in the local renewable energy industry and expanding the network.

Hanwha Solution is speeding up its dominance in the North American market by investing about 3.2 trillion won in the U.S. to build a solar-integrated production complex, Solar Hub. Through this, it plans to supply 30% of the demand for solar panels in the United States by 2027.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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