South Korea's Taihan Cable & Solution Co. won a 600 billion won ($463 million) turnkey project to build a 380 kV ultra-high voltage power transmission network in Germany, according to the company announcement on Tuesday.
The project is to construct underground cables to expand the transmission network needed for Germany's eco-friendly wind power generation.
The ordering company of this project is TenneT, a Dutch government-owned transmission system operator that runs power grids in Germany and the Netherlands.
Taihan Cable will supply all materials, including ultra-high voltage cables and connectors, and perform the entire project, including power network design, installation, connection, and testing.
The company also won two other ultra-high voltage power transmission projects worth a total of 700 billion won earlier this year.
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