대한전선

​Submarine Cable Laying Vessel Charter Agreement SignedTaihan has signed a charter agreement for a submarine cable laying vessel with Haechun, a company specializing in the laying of submarine cables and construction of underwater structures. The charter period is set from July this year until October 2025, totaling 16 months, with the charter fee amounting to 51 billion won.In December last year, the company acquired a dedicated submarine cable laying vessel, aiming to expand its submarine cable installation capabilities and secure new sources of revenue.A representative from Taihan stated, "This charter agreement serves as an opportunity to demonstrate the competitiveness of our vessel and the potential for new business expansion. By enhancing our submarine cable products and production capabilities and expanding the operational capacity of our laying vessels, we aim to emerge as a total solution provider in the submarine cable sector." 

International Certification for EHV Submarine CableTaihan Cable & Solution has completed the development of a 154kV EHV submarine cable system and obtained KEMA international certification. KEMA is an accredited testing organization based in the Netherlands, highly regarded internationally in the field of electrical safety. The 154kV class submarine cables are primarily used for connecting offshore wind farms to the mainland through export cables, and for interconnections between lands and continents.   Taihan plans to produce the 154kV at its submarine cable plant 1 at Godae Pier in Dangjin City,which will be completed in 2025. Having developed and secured certification for this cable, Taihan is now positioned to bid on various submarine cable projects both domestically and internationally.​ 

<Taihan’s newly acquired cable laying vessel > Offshore Wind Power Business Sailing SmoothlyTaihan Acquired “Korea’s Only Cable Laying Vessel for Offshore Wind Power”- A 6,200-ton CLV specialized for submarine cables, capable of self-propulsion and dynamic positioning- Future-proofing business and securing revenue sources amid expected shortages of cable ships- Emerging as a total solution provider covering both underwater cable production and installationTaihan Cable & Solution is gearing up to leap forward as a total solution provider capable of laying submarine cables. On December 20th, , led by CEO Song Jong-min, announced the acquisition of a 6,200-ton cable laying vessel, or CLV. Korea’s only CLV designed for offshore wind power, is equipped with advanced features such as self-propulsion and a dynamic positioning system (DP2). The vessel can load up to 4,400 tons of submarine cables at once.  This acquisition positions Taihan competitively in turn-key projects that span from submarine cable production to laying. As there are only a few cable manufacturers with cable-laying capabilities, Taihan is set to lead in the burgeoning offshore wind power industry globally. Furthermore, the increasing demand for submarine cables is likely to cause a shortage of cable layers, leading to higher charter rates for such vessels. Owning this vessel positions Taihan favorably to undertake projects steadily and tap into new revenue sources. A cable laying vessel is specifically designed for submarine cables. Therefore, it outperforms cable laying barges, or CLB, converted barges originally used for carrying cargo.  Capable of sailing at 9 knots on average under its own power, the CLV can transport and lay cables much faster that CLBs, which mostly rely on tugboats. This efficiency is especially beneficial for distant projects in regions like Europe and the Americas. The vessel also boasts high stability in rough seas and resistance to severe weather conditions.  In addition, a dynamic positioning system (DP2) mounted on the vessel automatically maintains its designated position for hours, allowing for precise cable installation and stable navigation.   Taihan is planning to make full use of this vessel first for the Yeonggwang Nakwol Offshore Wind Power Project it recently won, and later, the Anma Offshore Wind Power Project. In January next year, the company will collect suggestions from its employees in naming the vessel. A company official said, “As this CLV meets the global standard for the European offshore wind power market, it opens up various business opportunities in the global market.” The official added, “We will work to leap forward as a total solution provider in the global submarine cable market through aggressive investments, including the construction of a second submarine cable plant for HVDC and export cables, and expanding our sales network both in Korea and internationally.”  

Taihan won the contract for the supply of submarine cables for the Yeonggwang Nakwol ProjectWinning the bid for a submarine cable project, Taihan is set to sharpen its competitive edge. Taihan Cable & Solution won the contract for the supply of submarine cables for the Yeonggwang Nakwol Offshore Wind Power Project worth 100.3 billion won. Under this contract, Taihan is responsible for supplying inter-array submarine cables that connect wind power generators, and submarine cables connecting the wind farm with a new substation on Songi Island. The cables will be produced in the 1st stage facility of Submarine Cable Plant 1 in Dangjin, which will begin operations early next year. The completion of the 2nd stage facility of Submarine Cable Plant 1 as well as Submarine Cable Plant 2 is expected to make the company more competitive in future bids. 

Photo 1. Song Jong-min, CEO taihan (second from right), is looking around the exhibition    Photo 2. A taihan employee is explaining the product to the customer.   Photo 3. View of Daehan Electric Wire booth Taihan Cable & Solution participated in SIEF & PGK 2023 Taihan Cable & Solution participated in SIEF & PGK 2023 : Seoul International Electric Fair & Power Generation Korea 2023) to be held from October 18 to 20 in COEX, Seoul. ​ Signifying “the present and future of cables & solutions”, Taihan Cable & Solution’s exhibition booths set up under four major themes: electricity cables, submarine cables, communications cables, and cable accessories.  Taihan drew a lot of attention from organizers with its array of next-generation, strategic products, such as 525kV VSC HVDC cables and submarine cables.   

Taihan won the bid for large-scale supply of submarine cablesTaihan Cable & Solution was selected as a preferred supplier of submarine cables for “Anma Offshore Wind”, Korea’s largest offshore wind farm project that is currently underway. On October 4th, Taihan signed a preferred supplier agreement with Anma Offshore Wind. Under the agreement, Taihan is responsible for supplying and constructing all inter-array submarine cables used in offshore wind farms. The inter-array cables to be used for the project are expected to be worth hundreds of billions of won.    

Groundbreaking​ Ceremony for Submarine Cable Offshore Plant in Dangjin, Chungcheongnam-do: Accelerating Offshore Wind Power ProjectsTaihan announced that on December 9, 2022, it hosted a groundbreaking​ ceremony for a submarine cable offshore plant in the Asan National Industrial Complex, located in Dangjin City, Chungcheongnam-do. Taihan's submarine cable offshore plant will be constructed on a site of approximately 44,800 m2 (11.07 acres) near the Go-dae Pier at Pyeongtaek-Dangjin Port. This location is strategically placed within a 10-minute drive from Taihan's main production facility, the Dangjin Plant, ensuring the improved efficiency of construction, operations, and management by leveraging the existing infrastructure and resources of the plant. Taihan confirmed the suitability of this site for the submarine cable offshore plant construction in February 2022 and has since then fast-tracked the land acquisition, plant design, and major equipment procurement processes, etc. Construction commenced in December 2022, with completion planned for the second half of 2023. Taihan aims to use the submarine cable offshore plant as a strategic base to capture a significant share of the rapidly expanding global offshore wind power market. 

Taihan participates in “CIGRE 2022” in France.​​Taihan participated in the most prestigious international event in the electric power field, showing its determination to grow its business in the market.The company joined the “CIGRE Session 2022,” which got under way for across six days from August 28 to September 2 in Paris, France, to showcase outcomes from its extra-high-voltage projects and also some of its strategically important products. At the exhibition, Taihan presented its flagship products as well as strategic products such as extra-high-voltage cables of various voltages, including 500kV, submarine cables, and high-voltage direct current (HVDC) transmission solutions, which helped attract the attention of visitors at the CIGRE.Moreover, the company highlighted its competitiveness in the global market by disclosing results from orders it received in multiple European countries such as the UK, the Netherlands, Denmark, and Sweden since its entry into Europe in earnest back in 2017. Taihan also shared updates on projects in the US market as well. 

Taihan participates in the Energy Networks(EN) and Seoul International Electric Fair and Power GenerTaihan continues to participate in exhibitions and fairs both in Korea and abroad to showcase the excellence of its products to consumers worldwide. The company joined the Energy Networks (EN) 2022 in Brisbane, Australia, from March 16 to 18 in order to introduce a diverse product lineup and customized solutions, including EHV, MV/LV, and submarine cables. During the same period, it also participated in the 2022 Seoul International Electric Fair and Power Generation Korea (SIEF) in COEX, Seoul. Taihan participated in the IEEE, the largest electric power industry exhibition in the United States, as well, introducing some of its highly competitive offerings in the US, such as the 500kV power grid, which the company installed in North America for the first time ever, alongside extra-high-voltage cables and overhead transmission lines. 

Dangjin chosen for Taihan’s new submarine cable plant, soon to begin construction in earnestTaihan has confirmed a site for its new submarine cable plant - the Godae District at the Asan National Industrial Complex in Dangjin-si, Chungcheongnam-do. Dangjin, Chungcheongnam-do, is already home to Taihan’s Dangjin plant, the company’s main production hub, and was considered the most likely candidate for its new factory since early on in the site selection process. It offered the advantage of being able to access the human and physical resources and infrastructure already available at the company’s existing production facilities while building, managing, and operating the new factory. With a sizable investment, Taihan plans to build a factory capable of producing 66kV internal network cables and 154kV external network cables by 2023. Thereafter, the company will look to gradually expand its product lineup to 345kV external network submarine cables and HVDC (EHV direct current transmission) submarine cables, and also secure the appropriate construction capacity. By doing so, Taihan will focus its capabilities to establish itself as a company specializing in offshore wind power solutions.