Taihan Cable & Solution announced on Nov. 15 that it has won a power grid project in western California.
The company will supply medium voltage (MV) cables worth 60 billion won for about three years until October 2024.
The latest order boosted Taihan Cable & Solution’s order intake from the United States to 260 billion won in 2021. It is on par with its performance in 2019 when it obtained the largest amount of orders since its entry in the U.S. market.
A company official noted that the US$1.2 trillion infrastructure bill passed by the U.S. House of Representatives last week sets aside about US$73 billion for power infrastructure investment. We are expecting a big opportunity in the United States,” he said.