SEOUL, South Korea, Oct. 8, 2026 /PRNewswire/ -- Recognition honors EnergyFluo™, an agentic AI energy management system that orchestrates power from multiple sources, inclusive of grid, battery storage and on-site generation, and optimizes facility load so data centers can flexibly run more IT capacity within the power they already have.
Hanwha announced that EnergyFluo™, an agentic AI Energy Management System (EMS) engineered by TransGrid Energy, a Hanwha Group company, has been named to Fast Company's 2026 Next Big Things in Tech, an annual list recognizing breakthrough technologies driving meaningful innovation and shaping the future of technology.
Hanwha was selected in the Applied AI category for its innovative new product designed to help data centers and large-load facilities navigate increasingly complex power environments. Using agentic AI, physics-based equipment models, and digitized operating procedures, EnergyFluo™ analyzes real-time data across power generation, battery storage, cooling, and IT loads to help operators optimize energy use, with targeted operational cost savings of 5% to 25% depending on site configuration. Human operators remain in control of critical decisions, and the technology behind the system was among the first AI-enabled products globally to receive certification under UL 3115, the Outline of Investigation for Safety of AI-Based Products, in March 2026.
Fast Company highlighted EnergyFluo™'s machine learning and large language model (LLM)-driven capability to autonomously monitor data center operations, analyze potential causes of issues, and determine how to respond to optimize power consumption. It also pointed to Prime Group's adoption of the technology for a nationwide deployment of edge data centers as an example of its real-world application.
"Data centers have become some of the most complex energy systems on the grid, and they can no longer be managed one site at a time," said Dr. Youngchoon Park, CEO of TransGrid Energy. "EnergyFluo™ orchestrates grid, storage and on-site generation as one system and optimizes the load behind them, so operators can put more megawatts to work for IT and run their entire fleet from one intelligent view."
Fast Company's Next Big Things in Tech recognizes innovative technologies developed by established companies, startups, and research teams that are making meaningful progress toward transforming the lives of consumers, businesses, and society. This year's honorees span industries, with each innovation demonstrating the potential to create significant impact in the years ahead.
"The most exciting technology innovations are the ones that move beyond promise to demonstrate real potential for impact," said Brendan Vaughan, editor-in-chief of Fast Company. "The companies and teams recognized on this year's list are tackling ambitious problems with new ideas, products, and approaches that have the potential to fundamentally shape the years ahead."
For more information or to view the complete list, visit: Fast Company's 2026 Next Big Things in Tech
About Hanwha
Hanwha is South Korea's fifth-largest business group, with innovative businesses in aerospace & defense, energy & maritime solutions, finance, and tech & life solutions. As a multinational company with a robust global network of affiliates, Hanwha designs, builds, and operates foundational systems that secure societies, strengthen industries, and drive future resilience. Through continuous investment in technology, talent, and trusted partnerships, Hanwha delivers integrated solutions that enable sustainable growth and create long-term value for industries and communities.
For more information, visit: www.hanwha.com
About TransGrid Energy
TransGrid Energy is an energy infrastructure platform advancing the transition from traditional independent power producer models to AI-enabled, data-driven energy systems. A wholly owned subsidiary of Hanwha FutureProof, TransGrid develops, owns, and operates grid-connected generation, battery storage, and distributed energy resources while integrating Grid & Energy Services technology to optimize performance, reliability, and value across the asset lifecycle.
TransGrid is building a scalable platform that connects physical energy infrastructure with software intelligence to support utility-scale, distributed, and behind-the-meter energy applications. As a member company of Hanwha Group, a global leader in renewable energy solutions, TransGrid combines deep energy expertise, proven project execution capabilities, and significant capital to support the evolving energy needs of its customers.
For more information, visit: transgridenergy.com
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc.
For more information, visit: fastcompany.com
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Hanwha recognized on Fast Company's 2026 Next Big Things in Tech list
Project improves energy efficiency and supports industrial growth in Malaysia
KUALA LUMPUR, Malaysia, Oct. 8, 2026 /PRNewswire/ -- Air Products (NYSE: APD), a world-leading industrial gases company that has served Malaysia for more than 50 years, today announced it has concluded the definitive agreement with PG Cold Energy 1 Sdn. Bhd. (PGCE1), a joint venture led by PETRONAS Gas Berhad via PG Energia Sdn. Bhd. and DIALOG Group Berhad via DIALOG Equity (Three) Sdn. Bhd. Under the arrangement, Air Products is responsible for the design, build and operation of the LNG-based Air Separation Unit (ASU) at the Pengerang LNG regasification terminal in Johor. The facility will produce more than 600 tonnes of liquid oxygen, nitrogen and argon per day and is expected to come onstream by early 2027.
This project reinforces Air Products' long-term commitment to Malaysia, expands its production capabilities in Southern and Central Malaysia, and marks its fifth LNG-based ASU in Asia.
A document exchange ceremony was held at the PETRONAS Twin Towers to mark this milestone. The ceremony was attended by senior executives, including PETRONAS Gas Berhad's Managing Director/Chief Executive Officer Abdul Aziz Othman, DIALOG Executive Deputy Chairman Chan Yew Kai and Air Products' Asia President, Kurt Lefevere, underscoring the strategic importance of the project and the strength of the long-standing partnership between PETRONAS Gas Berhad and Air Products.
The new plant will supply the merchant market in Southern and Central Malaysia, strengthening Air Products' ability to serve key industrial hubs and support growing demand from the electrical and electronics, petrochemicals, aerospace and manufacturing sectors.
By using cold energy from the LNG regasification process to liquefy air at low temperatures, the plant will improve energy efficiency and reduce production-related emissions, helping customers reduce their carbon footprint through a more energy-efficient and lower-emission supply of industrial gas solutions.
"Our relationship with PETRONAS Gas Berhad spans more than four decades, and we are honored by their continued trust in Air Products to support their and Malaysia's effort to advance lower-emission industrial development," said Ramani Velu, Air Products' Southeast Asia President. "This investment underscores our long-term commitment to Malaysia and our focus on delivering safe, reliable, and energy-efficient solutions that support our customers' growth. It also strengthens our ability to serve customers across the country."
Air Products has operated in Malaysia since 1974 and maintains a strong network of state-of-the-art production facilities and depots strategically located across the country. In the Northern Region, the company serves key industries, including electrical and electronics, through advanced ASUs in the Prai Industrial Area, and a pipeline network in the Batu Kawan and the Bayan Lepas Industrial Park in Penang.
About Air Products
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global hydrogen supplier, Air Products develops, engineers, builds, owns and operates some of the world's largest hydrogen projects. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.
Air Products had fiscal 2025 sales of $12.0 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements
This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.
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Air Products to Supply Malaysia's First LNG-Based Air Separation Unit for PETRONAS Gas Berhad-Led Joint Venture
