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GE Vernova and LS Electric form JV for VSC-HVDC tech in Korea power grid

GE Vernova logoGE Vernova
Sig2.80Sen+3.60Env+2.40Soc+1.30Gov+0.90
LS ELECTRIC Co., Ltd. logoLS ELECTRIC Co., Ltd.
Sig3.10Sen+3.40Env+1.80Soc+0.70Gov+1.30

GE Vernova and LS Electric signed an agreement to establish a joint venture focused on Voltage-Sourced Converter High-Voltage Direct Current (VSC-HVDC) technology for Korea’s next-generation power grid. The effort combines GE Vernova’s global grid experience with LS Electric’s local market know-how and is aimed at supporting grid modernization needed for offshore wind growth.

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