Hyosung Heavy Industries to Participate in CIGRE 2024, the World's Largest Power Grid Expo

Contract Signed for Power Equipment Supply with Norwegian and Icelandic Electric Companies

Hyosung Heavy Industries will showcase a wide range of future power solutions in Europe.

Hyosung Heavy Industries announced on the 26th that it will participate in the 'CIGRE Paris Session 2024,' the world's largest power grid exhibition held in Paris, France, from the 26th to the 30th (local time). The CIGRE Paris Session is an academic conference and exhibition attended by more than 10,000 power industry professionals from 100 countries worldwide.

Hyosung Heavy Industries employees are introducing Hyosung's next-generation power technology to customers.
[Photo by Hyosung]

At this exhibition, Hyosung Heavy Industries will introduce the latest trends in power equipment and system solutions supplied globally, including ultra-high voltage transformers, circuit breakers, energy storage systems (ESS), static synchronous compensators (STATCOM), and high-voltage direct current (HVDC) transmission systems.

In particular, the company plans to captivate European customers emphasizing carbon neutrality by prominently featuring gas-insulated switchgear (GIS) that drastically reduces carbon emissions, ESS that enhances renewable energy generation efficiency, and HVDC, a core technology for future power grid construction.

Additionally, Hyosung Heavy Industries will hold the 'Future Grid Insight Forum,' a technology forum for major global customers. Presentations will cover topics such as the increase in data centers due to artificial intelligence (AI) development, digital substations, and carbon neutrality, along with an introduction to the SF6-Free GIS (low-carbon power equipment) developed by Hyosung Heavy Industries' European research and development (R&D) center.

Meanwhile, during the CIGRE period, on the 27th, Hyosung Heavy Industries plans to sign a long-term supply contract worth 330 billion KRW for ultra-high voltage transformers with Norway's state-owned power company, and on the 28th, a circuit breaker supply contract worth 22 billion KRW with Iceland's state-owned power company, marking the largest single supply record for GIS in Europe.

Woo Tae-hee, CEO of Hyosung Heavy Industries, said, "As Hyosung Heavy Industries has provided solutions to various customers in the field of carbon reduction and high-efficiency power systems, this will be an opportunity to prove that we are a partner who solves customer problems in the future power market."

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