Taihan will supply 320kV HVDC and 500kV HVAC cables to power grids in Northern California, including Silicon Valley and San Jose.
Sep 24, 2024
Taihan Cable & Solution has been selected as the cable supplier for a 320kV VSC-HVDC and 500kV HVAC power project in the United States. The contract was awarded by LS Power Grid California, LLC, a United States electric utility company. This contract marks Taihan’s official entry into the U.S. HVDC market.
As per Taihan Cable & Solution CEO, Song Jong-min, the project contemplates multiple cable orders with a currently-projected overall value of approximately USD 67.43 million. It supports efforts to improve reliability of the power grid in Northern California, including regions like Silicon Valley and San Jose, which have seen a surge in electricity demand due to the recent expansion of AI-related businesses and other advanced IT companies.
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This project allows easier bidirectional power transmission and simpler converter station installation compared to LCC-HVDC. It can also be applied to renewable energy generation, such as wind and solar power. In fact, TSOs (transmission system operators) in Europe are increasingly adopting VSC-HVDC for many of their recent grid-connected renewable energy projects and cross-border power grid interconnection projects.
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With this latest contract, Taihan is poised to actively pursue further HVDC projects both domestically and internationally. The 500kV HVAC cable system is the highest voltage among commercially available underground cables. The strategic focus on this project has yielded continuous success, with the company recording approximately USD 455 million in new orders this year alone, achieving significant results.