SEOUL, Oct. 13 (Yonhap) -- LS Electric Co. said Tuesday it has signed a 185.3 billion-won (US$138.7 million) contract with global power solutions provider Bloom Energy to supply switchgear and distribution transformers.
With the latest deal, the South Korean electrical equipment maker's cumulative orders from Bloom Energy have exceeded $500 million since April last year.
Under the contract, LS Electric will supply power equipment for a fuel cell-based on-site power generation project at a major U.S. technology company's data center in Pennsylvania.
The Korean company plans to deliver 38-kilovolt (kV) high-voltage switchgear and distribution transformers between April and July 2027.
LS Electric Chairman Koo Ja-kyun and company officials pose for a photo at a factory in Utah, the United States, in this photo provided by the South Korean electrical equipment maker on Oct. 13, 2026. (PHOTO NOT FOR SALE) (Yonhap)
ejkim@yna.co.kr
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