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Hanwha Power Systems signs lease for compressor-packaging and service centre in Saudi Arabia

South Korean energy-equipment firm Hanwha Power Systems has signed a land-lease agreement to build an ~11,600 m² compressor-packaging and service centre at King Salman Energy Park (SPARK) in Saudi Arabia. The facility is slated to start construction in Q1 2026 and aim for operations by mid-2027.

Source: PR Newswire.

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