LS Electric said on the 18th it signed a contract to supply distribution solutions worth about $34,258,500 (about 48.6 billion won) to global power corporations Bloom Energy.
Under the contract, LS Electric will supply a full set of key distribution systems, including low-voltage switchboards, for Bloom Energy's project to build power infrastructure for a hyperscale data center of a large local energy infrastructure corporations being developed in Wyoming, the United States. Deliveries will take place from January to June next year.
Earlier, LS Electric signed an additional contract after entering a 319 billion won distribution solutions supply deal with Bloom Energy in April. The previous contract was for the supply of distribution systems for Bloom Energy's project to build power infrastructure for a hyperscale data center of a local big tech corporations being developed in New Mexico, the United States.
A hyperscale data center is an ultra-large data center that connects tens of thousands of servers and storage devices to an ultra-high-speed network and can expand computing capacity according to demand.
LS Electric has been focusing on strengthening next-generation distribution solution competitiveness in step with rising power demand driven by the surge in global AI data centers. LS Electric has built a local end-to-end value chain covering sales, design, production, and services, with "LS Electric Utah" in Utah and the "Bastrop Campus" in Texas as its two major production bases. In addition, the company established the "DC Factory," a manufacturing plant that introduced direct-current distribution for the first time in the world at its Cheonan business sites, advancing its direct-current (DC) distribution solutions.
An LS Electric official said, "This contract once again proves LS Electric's high-quality distribution solution technology in the global data center power market," adding, "We will further strengthen our strategic partnership with Bloom Energy and actively leverage local base infrastructure to expand our share in the explosively growing North American data center market."