Texas headquartered Hanwha Energy USA Holdings has announced the formation of a unified solar and energy storage development platform through the alignment of 174 Power Global and Hanwha Renewables in January 2026. The platform consolidated project development, financing and execution activities across US solar photovoltaic and battery energy storage projects. It combined utility-scale solar, energy storage and hybrid capabilities under a single operating structure. The announcement stated that the integration aimed to streamline project pipelines, standardize execution processes and coordinate commercial activities. The unified structure covered project origination, permitting, construction oversight and long-term asset management. The company stated that the platform applied a centralized approach to support utilities, corporations and data center customers across multiple US markets.