LS Electric announced on October 13 that it has signed a supply contract with Bloom Energy for distribution panels and transformers worth $138.5 million (approximately 185.3 billion won).
According to industry sources, LS Electric's cumulative orders from Bloom Energy have surpassed $500 million, marking a significant milestone after 18 months since April of last year.
The project involves a fuel cell-based on-site power generation initiative for a major tech data center being established in Pennsylvania. LS Electric plans to deliver 38kV high-voltage distribution panels and transformers in a packaged form between April and July 2027.
This contract is significant as it involves the comprehensive supply of distribution panels and transformers necessary for large-scale data centers. With the increasing power demands of AI data centers, the importance of on-site power generation facilities is growing, and LS Electric's distribution solutions have been recognized for their competitiveness.
To meet local customer demands, LS Electric has established a complete local value chain centered around its operations in Utah and the Bestrop Campus in Texas, integrating sales, design, production, and service.
A representative from LS Electric stated, "We will strengthen our strategic collaboration with Bloom Energy and actively target the rapidly growing North American AI data center power infrastructure market with differentiated solutions."
* This article has been translated by AI.
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