Get hourly updates on major manufacturers like LS ELECTRIC, Sanil Electric, Iljin Electric, and Hyosung Heavy Industries, including the latest contracts and market trends in power grids and distribution.
All eyes are on GE Vernova ahead of their July 22nd earnings report. The global HVDC market is projected to hit $67.6 billion by 2036, while HD Hyundai Electric has raised its annual order target by 23% to $5.185 billion.
The global HVDC market is set to reach $6.76 billion by 2036, with a Sumitomo Electric and Van Oord consortium landing a major long-term Scotland HVDC contract. Meanwhile, India’s Supreme Power Equipment secured an order for a 330kV power transformer worth ₹13.60 crore (approx. $1.63 million).
Sumitomo Electric and Van Oord have secured the design contract for the UK’s Shetland 2 HVDC project, while GE Vernova’s electrification segment logged $2.4 billion in data center equipment orders in Q1, highlighting how AI and renewable energy demand are driving the power equipment industry. Meanwhile, GE Vernova shares fell 4.02% on the 13th due to profitability concerns in its wind segment and supply chain bottlenecks.
Sumitomo Electric and Van Oord have landed an engineering deal for the 525kV UK-Scotland HVDC link. Meanwhile, HD Hyundai Electric has raised its 2026 order target to $5.185B, fueled by surging North American data center demand. High-voltage direct current (HVDC) and transformer orders are being pushed to new heights by the power needs of AI-driven data centers.
델타 일렉트로닉스가 AI 데이터센터의 HVDC 전원 수요 확대를 예고한 가운데, 시장은 GE 베르노바의 2분기 실적 발표와 시멘스 에너지의 밸류에이션 조정에 주목하고 있습니다.
인도 정부의 중국산 부품 수입 임시 허가 여파로 글로벌 변압기 제조사들의 주가가 흔들리고 있어요. 효성중공업은 호주에서 대규모 계약을 따냈고, GE 버놀바는 데이터센터 전력 수요를 등에 업고 성장을 이어가고 있습니다.
Transformers and Rectifiers (India) saw shares rise after a ₹100 billion order from PGCIL, while GE Vernova emerged as a major AI beneficiary with $2.4 billion in Q1 2026 data center equipment orders. Meanwhile, Norway’s Aker Solutions secured a major offshore wind HVDC contract, signaling accelerated investment in green energy infrastructure.
Transformers & Rectifiers (T&R) is surging following a massive ₹100 billion order from PGCIL, while European offshore wind HVDC projects continue to expand. Siemens Energy is boosting investor confidence with a €1 billion share buyback and potential spin-off plans ahead of its Q3 earnings report.
Transformers & Rectifiers (TARIL) stock jumped 6% following a massive order worth over 100 billion rupees (approx. 120 billion KRW) from India’s PGCIL. Meanwhile, order momentum for global power equipment firms is strengthening with new HVDC subsea component contracts for European offshore wind and a 7-unit 400 MVA transformer supply deal for the Finnish grid. Siemens Energy continues to see stock volatility due to margin concerns despite a record backlog.
Hitachi Energy has secured a €770 million converter station contract for the Italy-Tunisia HVDC project, while the global transformer market is projected to grow from $21.9B in 2024 to $33B by 2034. Meanwhile, Siemens Energy is facing stock volatility despite record backlogs, and efforts to strengthen the North American transformer supply chain are underway.
Hitachi Energy has landed a €770M deal for converter stations to link Italy and Tunisia, while the global transformer market is projected to reach $33B by 2034 with a 4% CAGR. Meanwhile, Siemens Energy shares dipped 6% despite the EU's €1 trillion grid expansion roadmap.
The massive HVDC interconnector project between Europe and North Africa, along with U.S. transformer lead times stretching beyond two years, highlights a global supply crunch. Jefferies maintains a bullish outlook on the T&D sector, signaling strong appeal for Siemens Energy and Hitachi Energy as data center demand intensifies bottlenecks.
Siemens Energy is hitting a record €17.7B in quarterly orders, fueled by the massive demand for AI data center power. Meanwhile, Hitachi Energy is acquiring Canada’s Canduct to boost North American transformer supply, and Jefferies analysts are bullish on Indian transformer manufacturers.
Türkiye’s Europower Enerji has landed a $10.8 million contract to supply high-voltage transformers to U.S. firms, while Siemens Energy reports a record €17.7B in quarterly orders and plans to spin off its industry division. Jefferies remains bullish on Hitachi Energy and Siemens Energy within the Indian power equipment market.
Hitachi Energy has announced its acquisition of Canada-based Canduct to bolster the North American transformer supply chain. Meanwhile, the industry is seeing accelerated adoption of 800V HVDC for AI data centers, with the transformer reactor market expected to grow by 5-7% annually. Siemens Energy is also boosting investor confidence with a €600 million share buyback program.
Hitachi Energy’s acquisition of Canduct, Siemens Energy’s 2GW North Sea Connector 2 win, and new orders for Indian manufacturers highlight the heating competition to fortify global grid supply chains.
LS Cable & System has secured the second phase of the East Coast HVDC turnkey project in Korea, while Taiwan’s Fortune Electric warns that AI infrastructure demand is tightening the global transformer market. Meanwhile, Siemens Energy’s massive €15.4 billion backlog is raising concerns over four-year delivery delays.
히타치 에너지가 인도 바도다라에 2,000억 루피 규모의 대형 전력변압기 공장을 설립하며 아시아 공급망을 강화합니다. 한편, 지멘스 에너지는 역대 최대 수주 잔고에도 불구하고 장기 납기 지연과 독일 정책 불확실성으로 인해 주가가 하락세를 보이고 있습니다. 글로벌 전력기기 시장의 핵심 동향과 주요 기업 소식을 정리했습니다.
Siemens Energy has reached a record €154 billion backlog, secured €17.7 billion in Q2 orders, and raised its revenue forecast to 14–16%. Despite this, its stock is under pressure due to wind power losses and delivery delays. In India, Atlanta Electricals and Transformers & Rectifiers have secured major transformer contracts as the region continues to strengthen its supply chain.
Hitachi Energy’s ₹2,000 crore investment in a Gujarat transformer plant signals a new market expansion, while Atlantas Electricals’ Punjab grid contract and Alfa Transformers’ Madhya Gujarat win highlight India’s infrastructure push. Meanwhile, Siemens Energy’s record €154 billion backlog has triggered 4-year delivery delays, intensifying global supply chain stress.
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