대한전선

Taihan signed an MOU with Ocean Winds to collaborate on the Offshore Wind Power ProjectOn the 27th, Taihan signed an MOU with Ocean Winds (OW), a Spanish company specializing in offshore wind power generation, to collaborate on the 1,125MW “Hanbando Offshore Wind Power Project ” in the Incheon exclusive economic zone. The two parties will leverage this agreement to amplify synergies in the Hanbando Offshore Wind Power Project and explore diverse avenues for joint growth. They agreed to cooperate in various fields, including stabilizing the supply chain of submarine cables, identifying market trends, and exchanging information related to the project. Furthermore, they plan to maintain a close partnership in the mid-to-long term, enhance personnel exchanges, and extend the scope of cooperation. This MOU was concluded during the “APAC Wind Energy Summit,” the first international offshore wind power exhibition in Korea, held in Songdo, Incheon, from November 26 to 28. 

Taihan Strengthens Partnership with Hyosung to Target the 'Next-Generation Power Market'​Taihan announced on the 22nd that it had signed a memorandum of understanding (MOU) with Global Top-Tier Hyosung Group​ for “technical cooperation in the power industry and discovery of new business models.” Taihan seeks to forge a strategic partnership with Hyosung Group through this MOU, striving to boost its competitive advantage in the power industry. The plan is to combine the core strengths of each company to jointly develop new technologies and materials while extending their reach into the global market. Taihan will jointly work on enhancing an AI-powered asset management system for power infrastructure with Hyosung Heavy Industries​. With the integration of Taihan’s partial discharge condition monitoring system and Hyosung Heavy Industries’ asset remote management system (ARMOUR plus), they are set to unveil an enhanced solution for power infrastructure management. This safety diagnostic solution enables real-time monitoring of the entire power system, including various electrical facilities and connecting cables, allowing for the early detection of abnormalities and prevention of failures. As the rising global power demand drives the growth of the asset management market focused on minimizing power infrastructure failures, various business opportunities are expected to emerge. Also Taihan will collaborate on the joint development and commercialization of eco-friendly new materials with Hyosung Chemical​. In particular, the plan involves developing eco-friendly polypropylene (PP) material, which is gaining attention as a next-generation cable insulation material, in order to achieve localization and boost their competitive edge in the global arena. With a simpler production process than traditional XLPE-insulated cables, PP cables enable effective power transmission and are considered suitable for HVDC, a key facility for efficient long-distance transmission. Being a thermoplastic resin, the PP cables are recyclable post-use and have minimal CO2 emissions during the production process, driving high demand in advanced markets like Europe, where carbon neutrality standards are stringent.

Taihan has signed a MoU with Hanwha SolutionsOn the 26th of this month, Taihan and Hanwha Solutions entered into an MOU for the joint advancement of the “Global TOP Project.”The purpose of this MOU is to form a strategic partnership geared towards future growth engines. In a bid to emerge as the top tier of global businesses, the partners have committed to working together on product development, commercialization, acquiring certifications, and expanding their market reach. To this end, both parties are determined to provide full support through their respective core capabilities and technological expertise.Together, they will focus on the development and certification of crucial materials, including cross-linked polyethylene (XLPE) insulation used in high-voltage direct current (HVDC) and submarine cables, as well as extra-high-voltage (EHV) cables. The goal is to localize the production of materials and achieve technological independence, thereby enhancing the competitive advantage of Taihan’s cable products.In addition, the companies are set to bolster their cooperation in the eco-friendly energy sector. Through strategic alliances in the offshore wind power and solar energy sectors, they plan to foster tight-knit business and information exchanges while exploring new opportunities.Song Jong-min, Vice Chairman of Taihan, expressed confidence in the company's future prospects, stating, "By forging a strategic partnership with Hanwha Solutions, a leader in the global energy and petrochemical sectors, we anticipate significant improvements in our competitive edge across all business domains." He continued, "In response to the rapidly evolving global market, we aim to elevate national competitiveness and enhance corporate value by leveraging the exceptional technological strengths of both companies, expanding our collaborative efforts to encompass the entire group."

​Taihanhas signed aMOU with Balfour Beatty​​Taihan Cable & Solution announced on November 24 that it has signed a memorandum of understanding(MOU) with Balfour Beatty, a global infrastructure group based in the United Kingdom, to establish a partnership in the underground power transmission and distribution business. The two companies will jointly participate in various power transmission and distribution projects in the UK totaling more than £220 million until 2030. They also plan to collaborate further in technology sharing and business support.​ 

Taihan has signed an MOU related to wind power generation projectsOn the 28th, Taihan, along with its parent company Hoban E&C Co., Ltd. and Dream Engineering, a specialist company in renewable energy development, as well as Hana Bank, signed an agreement on joint development for a domestic wind power generation project. Through this agreement, we will collaborate on the development of onshore and offshore wind power projects and plan to proceed with projects based on future joint development agreements. We aim to become a leading company in the era of renewable energy through continuous investment and business expansion efforts​