Hyosung lands Brazil transformer deal, grid-tech partnership

Hyosung Heavy Industries said Wednesday it won an order to supply ultra-high-voltage transformers for a Brazilian hydropower plant and agreed to jointly develop grid-stabilization technology with a global hydropower plant specialist. The South Korean company will supply six 500-kilovolt transformers to Andritz Hydro, a global hydropower equipment and services provider, for use at the Foz do Areia hydropower plant in Parana, Brazil. Andritz Hydro accounts for more than 25 percent of Brazil's hyd