HD Hyundai Electric (267260.KS) secured an ultra-high voltage power equipment order and unveiled its next-generation technology roadmap at North America's largest power industry exhibition.
HD Hyundai Electric said Friday that it participated in "IEEE 2026," North America's largest power industry exhibition, held at McCormick Place in Chicago from Tuesday through Friday. The biennial event drew about 900 energy companies, including major global players such as ABB, Siemens Energy and Hitachi Energy.
At the event, HD Hyundai Electric signed a 173 billion won ($127 million) contract with a major utility company in the U.S. central region to supply 765 kilovolt (kV) ultra-high voltage transformers and reactors. Through the deal, the company will participate in the 765kV backbone project, a key initiative of the "SPP Long-term Transmission Master Plan" for building the transmission grid across the south-central United States.
The SPP region is the largest wind power concentration area in the United States and a key market where demand for ultra-high voltage transmission infrastructure is rapidly growing along with the expansion of renewable energy. HD Hyundai Electric plans to strengthen its position in the North American ultra-high voltage transmission equipment market through this order and expand its business scope by winning additional projects.
HD Hyundai Electric also announced its "2030 Roadmap," outlining its next-generation technology direction. The company plans to respond to North American power infrastructure demand through total solutions spanning transmission to distribution, including eco-friendly power equipment such as sulfur hexafluoride-free gas-insulated switchgear (SF₆-Free GIS), UL-certified medium- and low-voltage circuit breakers, and direct current (DC)-based circuit breakers.
In particular, the company unveiled for the first time at the exhibition a 362kV-class dead tank circuit breaker (DTCB) targeted at the Americas market. The product is under development with a launch target of 2028.
"In response to expanding investment in North American power infrastructure and growing demand for aging equipment replacement, we continue to develop products tailored to the local market," an HD Hyundai Electric official said. "We will further solidify our position in the North American market based on our next-generation power equipment lineup spanning transmission to distribution."
