HD Hyundai Electric Expands US Grid Presence with $119 Million Contract
HD Hyundai Electric has secured a 173 billion won ($119 million) contract to supply 765 kV ultra-high-voltage transformers and reactors for a major transmission project in the United States.
The agreement was announced during the IEEE PES T&D Conference & Exposition 2026 and positions the company within the 765 kV backbone transmission project being developed under the long-term infrastructure plan of the Southwest Power Pool (SPP).
The SPP region, covering parts of the south-central United States, is one of the country’s largest concentrations of wind energy generation, where investment in ultra-high-voltage transmission infrastructure is accelerating to support renewable integration and rising electricity demand.
According to the company, participation in the project is expected to strengthen its position in the North American ultra-high-voltage equipment market and support opportunities for additional transmission-related contracts.
Alongside the contract announcement, HD Hyundai Electric presented its “2030 Roadmap” at the exhibition, outlining development plans for next-generation power technologies spanning transmission and distribution systems.
The company showcased products including SF6-free gas-insulated switchgear, UL-certified low- and medium-voltage breakers, and direct current circuit breakers, reflecting broader industry efforts to modernise grid infrastructure and reduce environmental impact.
HD Hyundai Electric also unveiled its 362 kV-class dead tank circuit breaker for the US market for the first time. The product, currently under development and targeted for launch in 2028, is designed to meet North American utility requirements with a focus on reliability and durability.
The contract comes amid increasing investment in the US transmission sector, driven by expanding renewable energy capacity, electrification trends, AI-driven power demand growth, and replacement of aging infrastructure.
Industry forecasts indicate that deployment of 765 kV transmission systems is expected to grow significantly in the United States over the coming decade as utilities seek to improve long-distance power transfer capacity and grid resilience.
Source: koreaherald.com
