Hyosung Heavy Industries is a leading company in the heavy electrical equipment and construction sectors, built on over half a century of business expertise and unique technological capabilities. The company provides a wide range of solutions to global customers across power equipment, industrial machinery, housing, architecture, and civil engineering. It pursues continuous innovation to maximize customer value by establishing future power grids based on ICT and developing eco-friendly, low-carbon construction methods. The company is recognized for its world-class technology and high value in power facilities like transformers and circuit breakers, as well as in industrial fields such as motors and gears.HyosungHeavyIndustriesisaleadingcompanyintheheavyelectricalequipmentandconstructionsectors,builtonoverhalfacenturyofbusinessexpertiseanduniquetechnologicalcapabilities.Thecompanyprovidesawiderangeofsolutionstoglobalcustomersacrosspowerequipment,industrialmachinery,housing,architecture,andcivilengineering.ItpursuescontinuousinnovationtomaximizecustomervaluebyestablishingfuturepowergridsbasedonICTanddevelopingeco-friendly,low-carbonconstructionmethods.Thecompanyisrecognizedforitsworld-classtechnologyandhighvalueinpowerfacilitiesliketransformersandcircuitbreakers,aswellasinindustrialfieldssuchasmotorsandgears.
Key Products/TechnologiesKeyProducts/Technologies
**Power Equipment**: Ultra-high voltage transformers, distribution transformers, shunt reactors, ultra-high voltage circuit breakers, switchgears, mobile substations, and power facility maintenance services. Notable achievements include the domestic production of the first 154kV ultra-high voltage transformer in 1969, the first 765kV ultra-high voltage transformer in Korea and sixth globally in 1992, and the development and installation of a 200MW voltage-source HVDC (High-Voltage Direct Current) at the Yangju substation in 2024. Ultra-high voltage circuit breakers feature compact design, easy maintenance, and international certifications from KERI, CESI, and KEMA. Switchgears have been supplied to various countries for over 40 years, starting with the development of 25.8kV, 25kA high-voltage switchgear in 1984.**PowerEquipment**:Ultra-highvoltagetransformers,distributiontransformers,shuntreactors,ultra-highvoltagecircuitbreakers,switchgears,mobilesubstations,andpowerfacilitymaintenanceservices.Notableachievementsincludethedomesticproductionofthefirst154kVultra-highvoltagetransformerin1969,thefirst765kVultra-highvoltagetransformerinKoreaandsixthgloballyin1992,andthedevelopmentandinstallationofa200MWvoltage-sourceHVDC(High-VoltageDirectCurrent)attheYangjusubstationin2024.Ultra-highvoltagecircuitbreakersfeaturecompactdesign,easymaintenance,andinternationalcertificationsfromKERI,CESI,andKEMA.Switchgearshavebeensuppliedtovariouscountriesforover40years,startingwiththedevelopmentof25.8kV,25kAhigh-voltageswitchgearin1984.
**Power Systems**: STATCOM (Static Synchronous Compensator), DC power transmission and distribution systems, Energy Storage Systems (ESS), Microgrids, Solar Power Solutions, and Turnkey Solutions. The company secured a contract to supply a large-scale Battery Energy Storage System (BESS) in South Africa in 2022.**PowerSystems**:STATCOM(StaticSynchronousCompensator),DCpowertransmissionanddistributionsystems,EnergyStorageSystems(ESS),Microgrids,SolarPowerSolutions,andTurnkeySolutions.Thecompanysecuredacontracttosupplyalarge-scaleBatteryEnergyStorageSystem(BESS)inSouthAfricain2022.
**Digital Solutions**: Development and supply of power facility asset management solutions (ARMOUR), preventive diagnostic systems, power automation solutions, and process automation solutions. The company commercialized the first substation asset management system in Korea in 2017.**DigitalSolutions**:Developmentandsupplyofpowerfacilityassetmanagementsolutions(ARMOUR),preventivediagnosticsystems,powerautomationsolutions,andprocessautomationsolutions.ThecompanycommercializedthefirstsubstationassetmanagementsysteminKoreain2017.
**Electromechanical Solutions**: A range of motors and generators including high-voltage motors, low-voltage motors, DC motors, special motors, commercial generators, and emergency generators. As the number one motor manufacturer in the domestic market, the company has earned high reliability based on 60 years of accumulated experience and technology.**ElectromechanicalSolutions**:Arangeofmotorsandgeneratorsincludinghigh-voltagemotors,low-voltagemotors,DCmotors,specialmotors,commercialgenerators,andemergencygenerators.Asthenumberonemotormanufacturerinthedomesticmarket,thecompanyhasearnedhighreliabilitybasedon60yearsofaccumulatedexperienceandtechnology.
**Industrial Machinery Systems**: Chemical equipment, gas charging stations, and industrial gas supply facilities. In 2023, the company signed an MOA for a hydrogen engine generator demonstration project in collaboration with INNIO Jenbacher, leading the development of hydrogen-based energy technology.**IndustrialMachinerySystems**:Chemicalequipment,gaschargingstations,andindustrialgassupplyfacilities.In2023,thecompanysignedanMOAforahydrogenenginegeneratordemonstrationprojectincollaborationwithINNIOJenbacher,leadingthedevelopmentofhydrogen-basedenergytechnology.
**Gear Solutions**: Gearboxes, geared motors, and special gears. Achieves miniaturization and lightweight design through optimal strength distribution and allows flexible mounting with fully sealed structures using grease.**GearSolutions**:Gearboxes,gearedmotors,andspecialgears.Achievesminiaturizationandlightweightdesignthroughoptimalstrengthdistributionandallowsflexiblemountingwithfullysealedstructuresusinggrease.
**Welding Solutions**: Arc welders, resistance welders, and robot packages.**WeldingSolutions**:Arcwelders,resistancewelders,androbotpackages.
**Eco-friendly Solutions**: Development and supply of various eco-friendly technologies, including eco-friendly power facilities, grid stabilization solutions, hydrogen energy, new and renewable energy, and digital solutions. The company entered the eco-friendly energy business by establishing Korea's first liquefied hydrogen charging station in Samcheok, Gangwon Province in 2020. It successfully commercialized the world's first 100% hydrogen engine generator in 2024.**Eco-friendlySolutions**:Developmentandsupplyofvariouseco-friendlytechnologies,includingeco-friendlypowerfacilities,gridstabilizationsolutions,hydrogenenergy,newandrenewableenergy,anddigitalsolutions.Thecompanyenteredtheeco-friendlyenergybusinessbyestablishingKorea'sfirstliquefiedhydrogenchargingstationinSamcheok,GangwonProvincein2020.Itsuccessfullycommercializedtheworld'sfirst100%hydrogenenginegeneratorin2024.
Core AdvantagesCoreAdvantages
**Unique Technological Prowess and R&D Capabilities**: Possesses leading technology in power equipment, including the development of Korea's first 154kV ultra-high voltage transformer, the world's sixth 765kV ultra-high voltage transformer, and the successful localization of 200MW voltage-source HVDC. Strengthens its global R&D network through the establishment of a European R&D Center in 2023.**UniqueTechnologicalProwessandR&DCapabilities**:Possessesleadingtechnologyinpowerequipment,includingthedevelopmentofKorea'sfirst154kVultra-highvoltagetransformer,theworld'ssixth765kVultra-highvoltagetransformer,andthesuccessfullocalizationof200MWvoltage-sourceHVDC.StrengthensitsglobalR&DnetworkthroughtheestablishmentofaEuropeanR&DCenterin2023.
**Global Manufacturing and Supply Chain Competitiveness**: Established an ultra-high voltage transformer factory in Memphis, Tennessee, USA, with plans to expand production capacity by over 50% by 2028, securing it as the largest production base in the US. This facility is the only one in the US capable of designing and producing 765kV ultra-high voltage transformers, providing a competitive edge in tariffs and delivery times through local production.**GlobalManufacturingandSupplyChainCompetitiveness**:Establishedanultra-highvoltagetransformerfactoryinMemphis,Tennessee,USA,withplanstoexpandproductioncapacitybyover50%by2028,securingitasthelargestproductionbaseintheUS.ThisfacilityistheonlyoneintheUScapableofdesigningandproducing765kVultra-highvoltagetransformers,providingacompetitiveedgeintariffsanddeliverytimesthroughlocalproduction.
**Leadership in Future Power Grids and Eco-friendly Energy**: Holds core technologies for building future power grid systems such as Energy Storage Systems (ESS), STATCOM, and Smart Grid. Leads the eco-friendly energy market by driving hydrogen-based energy technology development through hydrogen engine generator demonstration projects and the establishment of liquefied hydrogen charging stations.**LeadershipinFuturePowerGridsandEco-friendlyEnergy**:HoldscoretechnologiesforbuildingfuturepowergridsystemssuchasEnergyStorageSystems(ESS),STATCOM,andSmartGrid.Leadstheeco-friendlyenergymarketbydrivinghydrogen-basedenergytechnologydevelopmentthroughhydrogenenginegeneratordemonstrationprojectsandtheestablishmentofliquefiedhydrogenchargingstations.
**Domestic and International Market Share and Reliability**: As the number one motor manufacturer in Korea, it ensures high reliability based on extensive experience and technology. Holds the top market share in the domestic power equipment sector and is recognized globally for its quality through rigorous international certifications. Achieved a cumulative production of 10 trillion won in circuit breakers, a first among domestic heavy electrical equipment companies, solidifying its unique market position.**DomesticandInternationalMarketShareandReliability**:AsthenumberonemotormanufacturerinKorea,itensureshighreliabilitybasedonextensiveexperienceandtechnology.Holdsthetopmarketshareinthedomesticpowerequipmentsectorandisrecognizedgloballyforitsqualitythroughrigorousinternationalcertifications.Achievedacumulativeproductionof10trillionwonincircuitbreakers,afirstamongdomesticheavyelectricalequipmentcompanies,solidifyingitsuniquemarketposition.
**Comprehensive Power Solution Provision Capability**: Possesses the capability to provide total solutions across the entire power industry, from transmission/substation grids to industrial infrastructure facilities and renewable energy solutions. Demonstrates technical expertise in HVDC components, including system design, construction, converter valves, control systems, transformers, and cooling systems.**ComprehensivePowerSolutionProvisionCapability**:Possessesthecapabilitytoprovidetotalsolutionsacrosstheentirepowerindustry,fromtransmission/substationgridstoindustrialinfrastructurefacilitiesandrenewableenergysolutions.DemonstratestechnicalexpertiseinHVDCcomponents,includingsystemdesign,construction,convertervalves,controlsystems,transformers,andcoolingsystems.
Target IndustrieTargetIndustrie
**Power Industry**: Power infrastructure construction and operation, including power plants, substations, and transmission/distribution networks. Specifically, the supply of core power facilities such as ultra-high voltage transformers, circuit breakers, and switchgears.**PowerIndustry**:Powerinfrastructureconstructionandoperation,includingpowerplants,substations,andtransmission/distributionnetworks.Specifically,thesupplyofcorepowerfacilitiessuchasultra-highvoltagetransformers,circuitbreakers,andswitchgears.
**Renewable Energy Industry**: Construction of renewable energy generation and grid connection systems, including solar, wind, and hydrogen energy. Application of Energy Storage Systems (ESS) and Smart Grid solutions.**RenewableEnergyIndustry**:Constructionofrenewableenergygenerationandgridconnectionsystems,includingsolar,wind,andhydrogenenergy.ApplicationofEnergyStorageSystems(ESS)andSmartGridsolutions.
**Petrochemical and General Industries**: Supply of industrial machinery and equipment such as motors, gears, and pumps for oil & gas and chemical plants, as well as general industrial facilities.**PetrochemicalandGeneralIndustries**:Supplyofindustrialmachineryandequipmentsuchasmotors,gears,andpumpsforoil&gasandchemicalplants,aswellasgeneralindustrialfacilities.
**Construction Industry**: Participation in various construction projects including housing, architecture, and civil engineering. Also involved in housing projects through its apartment brand 'Hyosung Harrington Place'.**ConstructionIndustry**:Participationinvariousconstructionprojectsincludinghousing,architecture,andcivilengineering.Alsoinvolvedinhousingprojectsthroughitsapartmentbrand'HyosungHarringtonPlace'.
**Data Centers and AI Infrastructure**: Supply of ultra-high voltage transformers and power infrastructure solutions to meet the surging electricity demand from the expansion of AI data centers.**DataCentersandAIInfrastructure**:Supplyofultra-highvoltagetransformersandpowerinfrastructuresolutionstomeetthesurgingelectricitydemandfromtheexpansionofAIdatacenters.
Major MarketsMajorMarkets
South Africa, Ghana, Egypt, MoroccoSouthAfrica,Ghana,Egypt,Morocco
India, China, Japan, VietnamIndia,China,Japan,Vietnam
**Technology and Quality Certifications**: International Public Testing Laboratory (KOLAS) certification for ultra-high voltage transformers, circuit breakers, and STATCOM testing labs (2021). ISO 9001:2015 (Quality Management System) for all domestic business sites and overseas factories (Nantong, China; Pune, India; Memphis, USA; Johannesburg, South Africa; Dong Nai, Vietnam). ISO 3834-2 (Welding Quality Management System) for Changwon factory. KEPIC-EN (Nuclear Quality Assurance) certification.**TechnologyandQualityCertifications**:InternationalPublicTestingLaboratory(KOLAS)certificationforultra-highvoltagetransformers,circuitbreakers,andSTATCOMtestinglabs(2021).ISO9001:2015(QualityManagementSystem)foralldomesticbusinesssitesandoverseasfactories(Nantong,China;Pune,India;Memphis,USA;Johannesburg,SouthAfrica;DongNai,Vietnam).ISO3834-2(WeldingQualityManagementSystem)forChangwonfactory.KEPIC-EN(NuclearQualityAssurance)certification.
**Environmental and Social Responsibility Certifications**: ISO 14001:2015 (Environmental Management System) for all domestic business sites and overseas factories (Nantong, China; Pune, India). Certified as a low-carbon management leading company by CDP (Carbon Disclosure Project) and awarded 'Carbon Management Sector Honors' (2023). Family-Friendly Certification (maintained since its initial acquisition in 2015). Recognized as a Social Contribution Company (4 consecutive years since 2019).**EnvironmentalandSocialResponsibilityCertifications**:ISO14001:2015(EnvironmentalManagementSystem)foralldomesticbusinesssitesandoverseasfactories(Nantong,China;Pune,India).Certifiedasalow-carbonmanagementleadingcompanybyCDP(CarbonDisclosureProject)andawarded'CarbonManagementSectorHonors'(2023).Family-FriendlyCertification(maintainedsinceitsinitialacquisitionin2015).RecognizedasaSocialContributionCompany(4consecutiveyearssince2019).
**Information Security Certifications**: ISO 27001:2022 (Information Security Management System) newly acquired for headquarters, Changwon factory, and Pittsburgh office, USA (2024).**InformationSecurityCertifications**:ISO27001:2022(InformationSecurityManagementSystem)newlyacquiredforheadquarters,Changwonfactory,andPittsburghoffice,USA(2024).
**Patents and Intellectual Property Management**: Holds 779 domestic and 605 overseas patents in eco-friendly energy and power industries. Awarded the Minister of Trade, Industry and Energy Award as 'Intellectual Property Management Company of the Year' in 2022. Actively engages in joint R&D and patent sharing with academia and research institutions, demonstrating commitment to intellectual property management. Holds patent application trends related to HVDC.**PatentsandIntellectualPropertyManagement**:Holds779domesticand605overseaspatentsineco-friendlyenergyandpowerindustries.AwardedtheMinisterofTrade,IndustryandEnergyAwardas'IntellectualPropertyManagementCompanyoftheYear'in2022.ActivelyengagesinjointR&Dandpatentsharingwithacademiaandresearchinstitutions,demonstratingcommitmenttointellectualpropertymanagement.HoldspatentapplicationtrendsrelatedtoHVDC.