#South Korea

HD Hyundai Electric Co. has completed a new storage facility for transformers at its production plant in Alabama, USA.

Hyosung Heavy Industries has signed a 35 billion won ($25.9 million) transformer supply contract with Powerlink.

Hyosung Heavy Industries has secured a 330 billion won ($240 million) deal to supply 420 kV high-voltage transformers to Norway’s electricity agency Statnett.

The company will supply nine transformers with capacities of 275 to 400 kV to five substations operated by National Grid by October 2027.

The firm will conduct a project for 500 kV underground power network between Badr City and the new HVDC converter station.

LS Electric Co. will supply about 120 billion won ($90 million) worth of power equipment to a new renewable energy site in the United States.

Ulsan suffered a major blackout early after midnight on Dec 20, the second time this month, after a cat short-circuited a substation.

A massive power outage hit the southeastern industrial city of Ulsan on Wednesday, leaving around 155,000 households without electricity for about two hours.

HD Hyundai Electric & Energy Systems Co. has clinched a major deal to supply extra-high voltage transformers to a California municipal electric utility.

The heavy electric device company plans to expand production capacity following its biggest-ever deal.

HBA Future Energy has been awarded a Preferred Supplier Agreement (PSA) by Anma Offshore Wind (Anma) for the provision of an offshore substation (OSS).

LS Cable & System and LS Marine Solution have been selected as preferred bidders for the submarine cable contract for the 532 MW Anma Offshore Wind Power Project in South Korea.

Taihan Cable & Solution Co. has won a power grid deal in Bahrain worth about $60 million.

American Electric Power (AEP) has ordered transformers worth $86 M from a South Korean electrical equipment manufacturer.

GE Renewable Energy and Hyundai Electric have announced the signature of a strategic partnership agreement concerning the South Korean offshore wind market.

South Korea, Seoul: GE Renewable Energy’s Grid Solutions business and KAPES, a KEPCO-GE joint venture, has been awarded a contract exceeding $100 M.

South Korea, Shingal: KEPCO has developed a cost-effective method to bring superconducting transmission lines and substations into commercial operation.

Africa: The African Development Bank together with the Korean Ministry of Economy and Finance and the Export-Import Bank of Korea have signed an agreement.

The energy efficiency of a Korean island’s power system improves by more than 10 % with a DC distribution system while maintaining reliability.

South Korea, Seoul: Daewoo Shipbuilding & Marine Engineering and Korea Electric Power Corporation Engineering & Construction have signed a deal.

GE completed an upgrade to one of two HVDC links between the South Korean mainland and Jeju Island, allowing for more efficient bi-directional power transfer.

South Korea: GE’s Grid Solutions business has been awarded by KAPES a contract in excess of $100 M to complete Korea Electric Power Corp.’s second and final phase of the Buk Dangjin-Godeok high-voltage direct current transmission link.

Korea Electric Power Corporation, the country’s largest electric utility, awarded ABB Power Grid’s business with a large order to build two new converter stations.

A nuclear reactor in South Korea has been shut down on Friday following a technical glitch with a transformer.