AusNet sidesteps global supply chain concerns with transformers contract
Energy & Climate
Summary
Australian network operator AusNet has struck a AUD 300 million ($210 million) deal with South Korea's Hyosung Heavy Industries to secure the supply of up to 45 power transformers to strengthen the energy network in the state of Victoria. The post AusNet sidesteps global supply chain concerns with transformers contract appeared first on pv magazine Global .
Why It Matters
This Energy & Climate development affects battery, grid, clean-energy and decarbonization dynamics across Asia. For South Korea, it is a signal worth tracking: it shapes who supplies, who scales, and who sets the standard over the next five years.
Key Facts
- SectorEnergy & Climate
- MarketSouth Korea
- ImpactMedium (58/100)
- SignalFunding