Hyosung Heavy Industries wins Brazil hydropower transformer deal
The partnership will allow Hyosung Heavy Industries to establish an early foothold in the Latin American power stabilization market.
An extra-high-voltage transformer installed by Hyosung Heavy Industries in Scotland in 2025
YONHAP
Korean power equipment giant Hyosung Heavy Industries has joined a hydropower project in Brazil, a deal that comes on the heels of a recent summit between the leaders of the two countries.
Hyosung Heavy Industries said on Tuesday that it had won an order from Andritz Hydro to supply six 500-kilovolt ultrahigh-voltage transformers. Andritz Hydro is the Brazilian subsidiary of Andritz, an Austrian hydropower and power equipment company.
Brazil ranks second in the world in installed hydropower capacity, generating more than 60 percent of its electricity from hydropower. With power demand rising, driven by recent industrial growth, the country is pursuing a large-scale expansion of its generation capacity on a national level.
Andritz Hydro, which handles more than 25 percent of Brazil’s hydropower capacity as a hydropower equipment and engineering, procurement and construction specialist, plans to use Hyosung’s ultrahigh-voltage transformers at the Foz do Areia plant in the Brazilian state of Paraná.
The two companies also signed a memorandum of understanding to jointly develop a “hybrid Statcom,” combining Hyosung Heavy Industries’ Statcom, a device that maintains and controls stable voltage, with Andritz Hydro’s synchronous condenser, a device that regulates voltage to keep electricity flowing steadily. Statcoms and synchronous condensers play complementary roles and are useful for stabilizing power generation from renewable sources such as wind and solar, the outputs of which fluctuate with weather conditions.
“Building on our two companies’ technological capabilities and market experience, we’ve agreed to continue a long-term partnership, including establishing an early foothold in the Latin American power stabilization market,” said a Hyosung Heavy Industries representative.
President Lee Jae Myung, meanwhile, is slated to conclude his four-day state visit to Brazil on Wednesday. During the trip, he called for deeper economic cooperation with the South American country, saying that the two nations could become “ideal partners.”
“If Korea’s unrivaled innovation and manufacturing capabilities join forces with Brazil’s abundant resources, our countries could emerge as ideal partners for building stable supply chains and lead future industries together,” Lee said during the Korea-Brazil business roundtable at a hotel in São Paulo on Tuesday.
BY KO SUK-HYUN [[email protected]]
This article was originally written in Korean and translated by a bilingual reporter with the help of generative AI tools. It was then edited by a native English-speaking editor. All AI-assisted translations are reviewed and refined by our newsroom.
