HD Hyundai Heavy Industries to Supply KRW 956 Billion Power Generation Facilities to US Big Tech Data Centers

Largest-Ever Power Engine Supply Contract
Securing Successive US Orders; Annual Total Reaches KRW 1.5831 Trillion
Group-Wide Push Amid Surging Power Demand Driven by AI Expansion

HD Hyundai Heavy Industries will supply power generation facilities worth KRW 956 billion to data centers operated by US big tech companies.

HD Hyundai Heavy Industries HiMSEN Gas Engine for Onshore Power Generation. HD Hyundai Heavy Industries

On August 10, HD Hyundai Heavy Industries announced that it had signed a supply agreement with Corban Energy Group, a US energy infrastructure developer, to provide power generation equipment based on the 9.6MW-class HiMSEN engine. The contract is for a total capacity of 1,000MW and is valued at KRW 956 billion, making it the largest power engine supply contract ever signed by HD Hyundai Heavy Industries.

The supplied power generation facilities will be used as a source of electricity for data centers run by local big tech companies.

Corban Energy Group is an energy infrastructure and engineering company specializing in the supply of gas, liquefied natural gas (LNG), and electricity-related products for various infrastructure projects, including the construction of data centers and the US Department of War (DoW) projects.

HD Hyundai Heavy Industries is continuously landing large-scale orders in the US market for power generation facilities intended for data centers. In April, the company signed a KRW 627.1 billion contract with American Energy Group (AEG) to supply power generation systems for data centers. Including this latest contract, orders related to data center power facilities from the US this year now total KRW 1.5831 trillion.

The 9.6MW-class HiMSEN engine for power generation to be supplied is a large-capacity, medium-speed engine distinguished by high power generation efficiency and reliability. According to the company, its high output and efficiency allow for 24/7 operation, making it well-suited to data centers, where stable power supply is critical.

HD Hyundai Heavy Industries plans to use this contract as an opportunity to expand cooperation with Corban Energy Group in subsequent projects as well.

The US market for data center power generation equipment is growing rapidly, driven by the spread of AI services and increased investment in cloud infrastructure. According to the Electric Power Research Institute (EPRI), data centers' share of total US electricity consumption is expected to increase by more than threefold compared to the current level by 2030.

HD Hyundai is also targeting the data center power infrastructure market at the group level. HD Korea Shipbuilding & Offshore Engineering, the group's intermediate holding company for shipbuilding, is pursuing the development of core technologies for floating data centers. Meanwhile, HD Hyundai Electric is expanding its supply of power distribution and equipment, and HD Hyundai Marine Solution is ramping up its power engine maintenance and repair business.

A representative of HD Hyundai Heavy Industries stated, "The demand for collaboration in the data center power engine market demonstrates the proven technology and reliability of the HiMSEN engine. We will continue to seek diverse business opportunities to further expand our presence in the power generation facility market."

This content was produced with the assistance of AI translation services.