LS Electric and GE Vernova sign deal to form HVDC joint venture
LS Electric and GE Vernova signed an agreement to form a joint venture tentatively called Grid X Technology. The partnership will collaborate on South Korea’s voltage source converter–based HVDC projects, supporting the transfer of renewable generation from the southwest to the Seoul area and combining component supply to pursue the global HVDC market.
Coverage (6)
- LS ELECTRIC and GE Vernova form joint venture (transformer-magazine.com)
- GE Vernova Establishes Joint Venture with LS ELECTRIC (tedmag.com)
- LS ELECTRIC, GE Vernova to Form HVDC Joint Venture (thelec.net)
- LS Electric, GE Vernova form HVDC joint venture (koreatimes.co.kr)
- LS Electric, GE Vernova to form JV on high-voltage direct current projects (en.yna.co.kr)
- GE Vernova introduces medium-voltage UPS to help accelerate the buildout of AI factories and energy-intensive industries (gevernova.com)