#South Korea

American Electric Power (AEP) has ordered transformers worth $86 M from a South Korean electrical equipment manufacturer.

GE Renewable Energy and Hyundai Electric have announced the signature of a strategic partnership agreement concerning the South Korean offshore wind market.

South Korea, Seoul: GE Renewable Energy’s Grid Solutions business and KAPES, a KEPCO-GE joint venture, has been awarded a contract exceeding $100 M.

South Korea, Shingal: KEPCO has developed a cost-effective method to bring superconducting transmission lines and substations into commercial operation.

Africa: The African Development Bank together with the Korean Ministry of Economy and Finance and the Export-Import Bank of Korea have signed an agreement.

The energy efficiency of a Korean island’s power system improves by more than 10 % with a DC distribution system while maintaining reliability.

South Korea, Seoul: Daewoo Shipbuilding & Marine Engineering and Korea Electric Power Corporation Engineering & Construction have signed a deal.

GE completed an upgrade to one of two HVDC links between the South Korean mainland and Jeju Island, allowing for more efficient bi-directional power transfer.

South Korea: GE’s Grid Solutions business has been awarded by KAPES a contract in excess of $100 M to complete Korea Electric Power Corp.’s second and final phase of the Buk Dangjin-Godeok high-voltage direct current transmission link.

Korea Electric Power Corporation, the country’s largest electric utility, awarded ABB Power Grid’s business with a large order to build two new converter stations.

A nuclear reactor in South Korea has been shut down on Friday following a technical glitch with a transformer.

Ecuador, Quito: LS Industrial Systems Co. (LSIS), a South Korean electric power systems provider, has won a $9.1 million order to build a 230 kV substation, with power transformers and associated electrical equipment, in Portoviejo, a western costal city in Ecuador.

China, Beijing: China’s Ministry of Commerce says it has imposed anti-dumping duties on steel imports from Japan, South Korea and the European Union.

South Korea: South Korea’s trading firm Daewoo International Corp. signed a memorandum of understanding with the Egyptian government on electric power transmission and distribution procurement for $200 million.

China, Beijing: China Steel Corp, the nation’s largest steelmaker announced that it was preparing to lodge anti-dumping lawsuits against Chinese and South Korean peers to protect its interests.

South Korea, Seoul: LS Industrial Systems (LSIS), a Korean electrical equipment producer, has won a $147 million contract as part of the Bismayah New City Project (BNCP) to build electricity infrastructure in Iraq. This is the largest-ever overseas deal worth US (161.2 billion won) for the company.

South Korea, Seoul: Hyosung Corporation, a Korea-based industrial conglomerate and transformer manufacturer will participate in the Grid Tech 2015 exhibition in its efforts to attract new clients in the Indian and the wider Asian market.

France, Levallois-Perret: Alstom Grid has successfully energised the second HVDC turnkey project in South Korea, following the first in 1997. The project awarded in 2009 establishes a 400 MW HVDC bi-directional transmission line between Jindo and the island of Jeju.