Daehan Electric Wire & Cable Wins 60 Billion KRW Ultra-High Voltage Project in Germany

Secured 380kV Ultra-High Voltage Turnkey Project
Additional Orders After Entering German Ultra-High Voltage Market Early This Year
"Actively Considering Local Production Plant"

Daehan Electric Wire announced on the 26th that it has won a 60 billion KRW contract for the 380kV ultra-high voltage power grid project of TenneT in Germany.

The project involves constructing a 380kV underground cable for the German wind power transmission network. Daehan Electric Wire will supply materials such as ultra-high voltage cables and connectors, and perform power grid design, laying, connection, and testing.

Daehan Electric Wire explained that 380kV is the highest voltage among Germany's underground AC power grids. The selection process comprehensively evaluates technical skills and project execution capabilities. A Daehan Electric Wire official said, "We proved our capabilities by securing a turnkey project through competition with global companies."

High-voltage cables from Korea Electric Wire & Cable exported to Europe. [Photo by Korea Electric Wire & Cable]

Earlier this year, Daehan Electric Wire entered the German ultra-high voltage market by winning two projects worth 70 billion KRW. Given its achievements in the demanding German market, the company expects to secure various orders across Europe in the future.

A Daehan Electric Wire official stated, "Germany is a country where power grid demand continues to expand due to policies promoting carbon neutrality and renewable energy expansion," adding, "We will enhance our competitiveness by realizing customized strategies such as securing additional orders and establishing production bases in Europe."

Since establishing its UK branch in 2017, Daehan Electric Wire has expanded its European sales network by setting up a Netherlands corporation and branches in Denmark and Sweden. The company is winning major power grid projects across Europe, including the large-scale landmark London Power Tunnel Phase 2 (LPT2) project in the UK.

This content was produced with the assistance of AI translation services.