HD Construction Equipment Wins 160 Billion Won North American Power Generation Engine Deal, 550 Billion Won in One Month
Gas-Fired Power Generation Engines Supplied to Meet Data Center Power Demand
Ultra-Large Engines to Be Produced at New Gunsan Plant Completed Last Month
HD Construction Equipment has won its second major power generation engine supply contract in North America in just one month.
HD Construction Equipment's 22-liter-class long-block engine for gas power generation. HD Construction Equipment
View original imageHD Construction Equipment disclosed on November 10 that it had signed a contract to supply 22-liter-class gas engine long blocks for power generation to Power Solutions International (PSI), a North American power generation and engine solutions company. The contract is worth approximately 160 billion won, with deliveries scheduled over two years starting in 2027.
A long block is the main body of an engine, assembled with key components such as cylinders and pistons. PSI plans to use the long blocks to complete power generation systems and supply them to industrial sites, including data centers.
HD Construction Equipment also won a 390 billion won contract for gas engine long blocks for power generation in October. Including the latest contract, the company has secured contracts worth a total of 550 billion won in North America alone in just one month.
The continued contract wins are driven by rising electricity demand as artificial intelligence (AI) data centers expand. Market research firm Market Data Forecast projects that the North American generator market will grow from $9.41 billion this year to $13.02 billion in 2034. HD Construction Equipment's power generation engines are attracting attention as a power source for data centers because they have short lead times and can be installed quickly.
The company is also expanding its production capacity. Centered on its new engine plant in Gunsan, which was completed last month, HD Construction Equipment plans to establish production capabilities for ultra-large power generation engines in the 1-3 MWe range and accelerate its push into the high-output market.
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An HD Construction Equipment representative said, "These successive large-scale supply contracts have once again demonstrated the technology and reliability of our engines. We will continue to expand our business by actively targeting the rapidly growing power generation infrastructure market."
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