Taihan Cable & Solution (Taihan) announced the recent completion of the first step of its submarine cable plant 1 in the Godae district of the Asan National Industrial Complex in Dangjin-si, Chungcheongnam-do in South Korea.

A press release said that many notable executives from both Taihan and the Hoban Group—which bought the business previously known as Taihan Electric Wire in March—took part in the event. It featured a tour of the submarine cable production line, a ceremony to mark the commencement of operations at the plant, and several commemorative speeches.

The submarine cable plant 1 of Taihan, occupying around 44,800 sq m behind Godae Pier at Pyeongtaek’s Dangjin Port, is being built in two phases. The first step, which focuses on producing inter array cables, was finalized and approved this May. After a series of tests and prototype productions, the plant is scheduled to begin full-scale operations starting with the production of inter-array cables for the Yeonggwang Nakwol offshore wind power project. Last December Taihan secured a significant contract to supply inter array cables for the Yeonggwang-gun project.

Taihan Vice Chairman Song Jong-min said that the company “will expedite the construction of the second step of the submarine cable plant 1 and submarine cable plant 2.”

The second step of the submarine cable plant 1, for making export cables, is under construction with plans for completion by the first half of 2025. The second submarine cable plant will feature vertical continuous vulcanization (VCV) facilities for producing export cables and HVDC cables and is currently undergoing the final stages of review for site selection.

In other news, Taihan announced that it has won three significant power grid projects in the U.S. worth approximately $93.5 million.

A press release said that the orders represent “a substantial milestone” for the company, which specializes in manufacturing and supplying cables and solutions for power grids and other infrastructure projects. One of the projects calls for ultra-high voltage cable while the other two are for medium-to-low voltage cable.

The ultra-high voltage project, valued at around $32.4 million, is located in the eastern U.S., and involves constructing a 345 kV power grid for a new semiconductor plant in New York State. The other two projects are in the Los Angeles area of western California. One of those is a long-term project to supply medium-to-low voltage cables over three years. With this latest achievement, TC&S has secured over $237 million orders. The U.S. government’s initiatives and investments in upgrading and expanding the power grid further underscore the strategic importance of (our) projects.