SEOUL, Sept. 12 (Korea Bizwire) – HD Hyundai Electric, a company specializing in power equipment and energy solutions, is joining the effort to construct a substation for the Neom project in Saudi Arabia. On Monday, HD Hyundai Electric announced that it had signed a contract worth KRW 67.8 billion to provide power equipment to Al Gihaz, [...]
SEOUL, Dec. 15 (Korea Bizwire) — Hyundai Electric & Energy Systems Co., an energy solution unit of shipbuilding giant Hyundai Heavy Industries Group, has teamed up with GE Renewable Energy, a subsidiary of U.S. industrial giant General Electric Co., to launch an offshore wind power venture. The two parties signed a strategic partnership to make [...]
SEOUL, Feb. 17 (Korea Bizwire) — Hyundai Electric & Energy Systems Co., a unit of top shipbuilder Hyundai Heavy Industries Co., has teamed up with a foreign company to launch into the offshore wind power market. The company on Wednesday signed a memorandum of understanding with GE Renewable Energy, a division of U.S. industrial giant [...]
SEOUL, Dec. 31 (Korea Bizwire) — Hyundai Electric & Energy Systems Co., an affiliate of Hyundai Heavy Industries Group, said Friday it has exported ultrahigh-voltage power transformers to Oman’s state utility provider in a deal valued at US$8.5 million. The supply deal with the Oman Electricity Transmission Co., included the sales of three 400-kilovolt/500-megavolt ampere [...]
SEOUL, April 14 (Korea Bizwire) — Hyundai Electric & Energy Systems Co.(HE) said Wednesday that it has signed initial deals with local operators of charging stations for electric vehicles (EV) to provide electricity. Under the deals, HE will provide electricity collected from operators of renewable energies, such as solar energy, to EV charging station operators, [...]