LS Electric secures $138.7 mil. transformer deal in US
LS Electric said Tuesday it has signed a 185.3 billion-won ($138.7 million) contract with global power solutions provider Bloom Energy to supply switchgear and distribution transformers. With the latest deal, the Korean electrical equipment maker's cumulative orders from Bloom Energy have exceeded $500 million since April last year. Under the contract, LS Electric will supply power equipment for…
LS Electric has signed a 185.3 billion-won ($138.7 million) contract with Bloom Energy to provide distribution transformers and switchgear. According to The Korea Times, the equipment is intended for a fuel cell-based on-site power generation project located at a major U.S. technology company's data center in Pennsylvania.
The Korean electrical equipment manufacturer plans to deliver 38-kilovolt (kV) high-voltage switchgear and distribution transformers between April and July 2027. The Korea Times also reports that this agreement brings LS Electric's cumulative orders from Bloom Energy to over $500 million since April of last year.
Brief written by urgent.news from The Korea Times, The Korea Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- LS Electric secures $138.7 mil. transformer deal in US koreatimes.co.kr
- LS Electric secures 185.3 bln-won transformer deal in U.S. en.yna.co.kr
