Hanwha and Baker Hughes Enter into Joint Development Agreement for Ammonia Gas Turbines

With the goal of completely carbon-free operation of ships, Hanwha Power Systems and Hanwha Ocean (KRX: 042660) signed a Joint Development and Collaboration Agreement with Baker Hughes (NASDAQ: BKR), a global energy technology company, to design and produce low carbon ammonia gas turbines during the Baker Hughes Annual Meeting 2025 held in Florence, Italy on February 2-4.