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Hanwha Power Systems signs MOU with GasLog for ammonia gas turbine retrofitting

Sep 20, 2024

Contract Type

agreement

HoustonManufacturingEnergyRenewable Energymachinery

Description

Hanwha Power Systems signed a memorandum of understanding (MOU) with GasLog to convert LNG carrier propulsion system to ammonia gas turbines at Gastech 2024. The agreement aims to address carbon emission reduction regulations and promote the application of eco-friendly ammonia gas turbines in vessel retrofits.

Company Information

Company

Hanwha Power Systems

Location

11700 Katy Fwy

Houston, Texas, United States

About

Hanwha Power Systems is a total energy equipment and marine solutions company of Hanwha Group, with an affiliate, Power Systems Mfg., LLC (PSM), located in the United States.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.