Expanding Power Infrastructure Partnerships Across Europe
Taihan Cable & Solution Co. has won a $68.6 million contract from Balfour Beatty plc, one of the U.K.’s leading infrastructure companies. Under the deal, Taihan will supply 400 kV extra high-voltage (EHV) cables and accessories for a power grid replacement project in eastern Britain.
Taihan Cable Balfour Beatty EHV Project Supports U.K. Energy and Climate Goals
This project strengthens Britain’s power transmission network and improves grid stability. It also supports the country’s goal of achieving carbon neutrality by enhancing clean energy transmission capacity.
Additionally, the order reinforces Taihan’s ability to meet the rising demand for energy infrastructure solutions across Europe. Many European nations are expanding power networks to integrate renewable energy, and Taihan continues to play a key role in that transformation.
Meanwhile, the project helps Balfour Beatty deliver high-quality, future-proof energy systems that align with the U.K.’s broader clean power strategy.
Strategic Partnership with Balfour Beatty Reinforces Market Presence
In November 2023, Taihan Cable signed a memorandum of understanding (MoU) with Balfour Beatty to collaborate in the power transmission and distribution sector. The companies agreed to jointly bid and participate in projects valued at $270 million through 2030 in the U.K., focusing on cable installation and replacement.
Since forming the MoU, Taihan and Balfour Beatty have already collaborated on several key projects. These include:
- A $75 million, 420 kV power grid project in Sweden (December 2022).
- A $27 million, 400 kV power grid upgrade in the United Kingdom.
These successes underscore both companies’ shared commitment to reliable, long-term energy solutions and green infrastructure investments.
Global Growth and Innovation Through the Taihan Cable Balfour Beatty EHV Project
Founded as South Korea’s first electric wire company, Taihan Cable now operates as part of the Hoban Group. The company continues expanding globally through innovation in EHV and renewable energy transmission systems.
By working with major global contractors like Balfour Beatty, Taihan strengthens its position in Europe’s power sector. The partnership highlights the company’s commitment to reliable, sustainable, and future-ready energy solutions.