2024

10

Completion of Ulsan Transformer Core Shop

08

Won an order for transformers from Ellevio for the first time in Sweden market

07

Completion of transformer storage facility in HD Hyundai Power Transformers USA, Inc.

01

Independently developed 145kV SF6 Free eco-friendly GIS for export

2023

10

Won the first order for European eco-friendly transformers from National Grid, UK

06

Won the largest order for transformers based in single item from Excel Energy, USA

06

Won the first order in the European offshore substation market from Semco Maritime, Denmark

04

Commercialization of the world's first 1 MW building DC power distribution facility

03

Changed the company name to HD Hyundai Electric

01

Won the largest order for distribution transformers from AEP, USA since its establishment

2022

12

Won the largest public ESS for system stabilization of up to 336 MW since its establishment

12

Declared the RE100 Achievement by 2040

11

Awarded CES Innovation Award 2023 for 170 kV eco-friendly GIS, Industrial Complex Energy Management System (CEMS)

07

Declared Human Rights Management Practice

06

Won an order for 1,100 MVA high voltage transformer for nuclear power plants in the U.S.

04

Achieved the largest monthly order performance of KRW 500 billion since its establishment

04

Acquired Plaspo, a company specializing in power conversion devices

2021

07

Launched eco-friendly product brand GREENTRIC

05

ESG Management Proclamation

04

Independently developed 170 kV SF6 Free eco-friendly GIS

2020

04

Established Hyundai Electric America Corporation in the U.S.

01

Completion of Transformer Smart Factory

2019

11

Expansion of transformer factory in the U.S. (Alabama corporation)

2018

07

Established Hyundai Electric Arabia LLC

05

Completion of Yongin Reliability Center

04

Completion of the world's largest (150 MWh) Energy Storage System (ESS)

02

Expansion of Hyundai Electric Hungary Kft. (H-TEC)

2017

12

Established Hyundai Electric Switzerland Ltd.

04

Established Hyundai Electric & Energy System Co., Ltd

2015

12

Awarded IF Design Award 2016 for the MV/LV circuit breaker HG Series

03

Supplied the largest step-up transformer (3 Ph, 1250 MVA) in Korea

2014

12

Successful short circuit test of 500 kV class transformer for the first time

04

Achieved total 1 million MVA in transformer production

2013

05

Developed 345 kV Dry Type Current Limiting Reactor for the first time in Korea

04

Supplied Hyundai’s largest capacity transformer (3 Ph, 1500 MVA) to Powerlink, Australia

2011

11

Completion of transformer factory in the U.S. (Hyundai Power Transformers USA)

2010

07

Won the largest contract to date with SCE, USA, for $600 million of Korean-made transformers

03

Completion of the Wind Power Factory in Gunsan, Korea

2008

11

Completion of 400 kV transformer factory

07

Completion of 550 kV GIS factory

05

Completion of switchgear and distribution transformer factory

2007

10

전동기 수출 사상 최대 규모 1천200만불 수주

04

Acquired Ideal, USA (Hyundai Ideal Electric Co.)

2005

09

Exported marine generator technology to Zhenjiang Marine Diesel Works, China

02

Developed 6.6kV inverter, the highest voltage inverter in Korea

2003

12

Exported GIS technology to TATUNG, Taiwan

10

Established Jiangsu Hyundai Nanzi Electric Co. (incorporated in Yangzhong, China)

06

Established ITC research center (joint venture with ENOVA, USA)

2002

11

Manufactured 840 MVA capacity transformer for the first time in Korea

06

Successful development of 800 kV GIS

02

Exported GIS technology to Cromption Greaves, India

2000

06

Korea’s first commercial operation of 765 kV high voltage transformer

1999

10

Completion of 765 kV transformer/ 800 kV GIS factory and high voltage testing facilities

10

Established HUNELEC, a rotating machine R&D company in Hungary

02

Developed Korea's first 765 kV transformer

1998

07

Technical partnership agreement with VIT, Ukraine to develop 765 kV transformers and 154 kV gas-insulated transformers

1997

08

Acquired Bulgarian state-owned company Elprom Trafo co. (incorporated in Bulgaria)

1996

11

Completion of turbine generator factory

1994

10

Manufactured Korea's first mobile substation facility

1993

12

Merged into Hyundai Heavy Industries Co., Ltd.

09

Merged with KISCO (Korea Industrial Service)

1992

12

Completion of PCB and inverter factory

08

Merged with HIMCO

1990

06

Acquired international quality standard certification (ISO9001) and Canadian quality standard certification (CAN3Z229.1) (QMI)

1989

05

Completion of high voltage GIS factory

1986

11

Awarded $50 Million Export Tower

06

Established Small Size Motor Company, KIMCO (Joint venture Co. with GE, USA)

1985

11

Awarded the Grand Prize for Quality Control and Standardization

1983

12

Completion of MV/LV circuit breaker factory

1982

12

Established R&D Center

1981

07

Completion of rotating machine testing facilities

1980

01

Technical partnership agreement with WESTINGHOUSE, USA to develop rotating machines for generator and industrial use

1979

09

Completion of 154 kV high voltage testing facilities

08

Completion of rotating machine factory

07

Joined CIGRE (Conseil International des Grands Réseaux Électriques)

06

Completion of transformer factory

1978

11

Spined off the company as Hyundai Electrical Engineering Co., Ltd.

06

First export of transformers

01

Completion of switchgear factory

1977

05

Technical partnership agreement with SIEMENS to develop heavy electrical products

02

Established as the new Electrical Engineering Division in Hyundai Heavy Industries Co., Ltd.