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Hyosung Heavy Industries aims for 2GW HVDC technology by 2027
Original: Hyosung Heavy Industries Targets Domestic Development of 2GW HVDC Technology by 2027
Hyosung Heavy Industries says it plans to develop 2-gigawatt high-voltage direct current (HVDC) converter technology domestically in South Korea by 2027. HVDC systems are key to transmitting large volumes of electricity over long distances, including offshore wind power, and South Korea currently relies on foreign suppliers for large-capacity units. The company's goal would make it the first Korean firm capable of domestic production in this field.
Why now: Large-capacity HVDC technology is critical to South Korea's power grid expansion and renewable energy plans, and domestic development would reduce reliance on foreign suppliers.
Hyosung Heavy IndustriesSouth KoreaHVDC technology
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- Hyosung Heavy Industries Targets Domestic Development of 2GW HVDC Technology by 2027 · THE ELEC, Korea Electronics Industry Media
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