From left: Niklas Persson, CEO of the Power Grids Integration business unit at Hitachi Energy; Andreas Schierenbeck, CEO of Hitachi Energy; Oh Se-chul, President and CEO of Samsung C&T Corporation; and Lee Byung-soo, Head of Overseas Business Division (Executive Vice President) at Samsung C&T. (Provided by Samsung C&T)
Samsung C&T is moving in earnest to penetrate the European power grid market in partnership with global company Hitachi Energy.
Samsung C&T’s Engineering & Construction Group announced on the 14th that it has signed a business agreement with Hitachi Energy and will expand cooperation to provide power infrastructure solutions, including establishing a joint strategy and roadmap for power grid projects in Europe. Following the signing of a strategic partnership in the global high-voltage direct current transmission (HVDC) sector in 2024, the two companies have now expanded their cooperation into the high-voltage alternating current transmission (HVAC) field.
A Samsung C&T representative explained, “HVDC is a next-generation technology advantageous for long-distance, high-capacity power transmission, and it is a field in which Hitachi Energy has been a leader for more than 70 years, while HVAC is a technology for the stable operation of existing power grids.” Samsung C&T and Hitachi Energy are also jointly carrying out subsea power projects to supply clean electricity to offshore facilities of Abu Dhabi National Oil Company (ADNOC) in the United Arab Emirates (UAE).
Yoon Myung-jin
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
ⓒ dongA.com. All rights reserved. Reproduction, redistribution, or use for AI training prohibited.
