Hyundai Electric to Deliver 765kV Transformers in Landmark U.S. Contract

HD Hyundai Electric secures a record $199 million deal to supply 24 ultra-high voltage transformers and reactors to a major power company in Texas.

HD Hyundai Electric has announced its largest-ever single contract, valued at 277.8 billion won (approximately $199 million USD), to supply 24 ultra-high voltage 765kV transformers and reactors to a major power company in Texas. The delivery is scheduled for 2029. This deal underscores the growing demand for advanced power infrastructure in the U.S., driven by the need to upgrade aging grids and support the expansion of renewable energy and AI data centers.

• The contract includes 24 units of 765kV transformers, the highest voltage class used in the United States.

• These transformers are essential for long-distance power transmission, reducing energy loss and infrastructure costs.

• The delivery is scheduled for 2029, with production to be carried out at Hyundai Electric's Ulsan plant.

• The deal highlights the increasing demand for ultra-high voltage equipment in the U.S. energy sector.

• Hyundai Electric plans to expand its Alabama plant by 2027 to better serve North American demand.

“As 765kV transformers require advanced technology, only a few manufacturers worldwide can produce them. This contract strengthens our position in the U.S. ultra-high voltage market.”

CONCLUSION

This landmark contract exemplifies the critical role of advanced infrastructure in the deployment and construction of energy systems. The supply of 765kV transformers is pivotal for enhancing the efficiency and capacity of power transmission networks, aligning with the industry's focus on modernizing infrastructure to meet contemporary energy demands.

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Hyundai Electric to Deliver 765kV Transformers in Landmark U.S. Contract