#HD Hyundai Electric

Ultra-high-voltage transformer shipments surge on global AI data centre expansion, driving record exports, long order backlogs and sharp stock gains.

From major grid investments and transformer expansions to nuclear approvals and blackouts, these were the stories that captured the industry’s attention in 2025.

Record orders, easing tariffs, and HVDC expansion fuel a long-term industry boom.

This partnership focuses on HVDC technology to strengthen Korea’s grid and support renewable energy growth.

Korean manufacturer secures contract to supply 24 ultra-high voltage transformers and reactors by 2029, boosting Texas grid capacity and efficiency.

HD Hyundai Electric completed the final approval test for its 230 kV 653 MVA phase shifting transformer.

HD Hyundai Electric plans to invest 397 billion won ($272.3 million) to boost production capacities for 765 kV ultra-high-capacity transformers at its plants in Ulsan and Alabama.

HD Hyundai Electric Co. has signed a 66.2 billion won ($49.6 million) contract to supply power equipment to a Swedish power company.

The company will supply nine transformers with capacities of 275 to 400 kV to five substations operated by National Grid by October 2027.