LS Electric, GE Vernova to form JV on high-voltage direct current projects
SEOUL, Aug. 26 (Yonhap) -- South Korean power equipment maker LS Electric Co. sa...
South Korean power equipment manufacturer LS Electric has announced a strategic partnership with U.S. energy technology company GE Vernova. The two companies are set to form a joint venture, codenamed Grid X Technology, with the aim of collaborating on high-voltage direct current (HVDC) projects in South Korea. This agreement was signed during the CIGRE 2026 Session in Paris on Tuesday.
The joint venture will focus on developing HVDC solutions and establishing strategies for the stable supply of key components and equipment, with the ultimate goal of entering the global HVDC market.
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