South Korea, Seoul: Korea Electric Power Corporation (KEPCO) and GE have announced that they have signed an MOU to establish infrastructure for High Voltage Direct Current (HVDC) in Bitgaram Energy Valley in Naju city.
The two companies have agreed to cooperate on localizing the newer HVDC technology.
Bitgaram Energy Valley will be leveraged further as the HVDC test bed with investments in digital grid applications and big data analysis.
Beginning with this MOU, KEPCO is expecting to attract Korean and global companies in the HVDC industry, create jobs and revitalize the Energy Valley. This will also provide Korea with the opportunity to grow as centre of the global HVDC industry.
Source: GE Grid Solutions