The Wire & Cable division of Hanwha Solutions announced on the 16th that it has successfully completed technical verification in the next-generation ultra-high voltage alternating current transmission (HVAC) field, moving to expand its product lineup for ultra-high voltage cable materials.
Hanwha Solutions, in collaboration with Qingdao Hanhe and TBEA, Chinese ultra-high voltage cable manufacturers, completed the Type Test for the XLPE (cross-linked polyethylene) insulation and semi-conductive material package for 500kV-class HVAC cables. This test was conducted by TICW, a Chinese certification institutional investor, and verified insulation performance and long-term reliability required in ultra-high voltage transmission environments.
With this achievement, Hanwha Solutions has confirmed the technical reliability of its material packages for 500kV-class cables, following its existing 400kV-class products. The company is also pursuing certification from KEMA, an internationally accredited institutional investor.
In particular, growth in the ultra-high voltage cable materials market is expected due to recent expansions in power infrastructure investment. According to Hanwha Solutions, demand for ultra-high voltage cables is projected to grow at an average annual rate of approximately 11.9% from 2025 to 2030. The company reports that the related materials market will also grow as demand for expanding transmission networks increases to ensure stable power supply, driven by the spread of artificial intelligence (AI) data centers and the expansion of renewable energy generation facilities.
Based on this technical verification, Hanwha Solutions aims to expand material supply opportunities in the global ultra-high voltage HVAC cable market beyond Asia. The company has decided to diversify its customer portfolio and increase material supply across various fields, including power plants, transmission networks, and large-scale renewable energy projects.
The results of the technical verification are also translating into actual sales performance. Hanwha Solutions' sales volume of ultra-high voltage (SEHV, up to 550kV) XLPE this year is expected to increase to nearly double that of the previous year. In particular, in the Chinese market, sales volume of ultra-high voltage materials, including 325kV-class SEHV XLPE, is projected to increase by approximately three times compared to the previous year.
Hanwha Solutions plans to cultivate its high-value-added wire and cable materials business, including ultra-high voltage cables, as a medium- to long-term growth pillar. The company has also set a goal to expand the share of high-value-added strategic products by at least four times by 2031 compared to 2025.
Carlo Scarlata, head of Hanwha Solutions' Wire & Cable division, stated, "The successful verification of materials for 500kV-class HVAC cables is an important milestone demonstrating that Hanwha Solutions has secured global-level technical reliability in the field of cable materials for ultra-high voltage transmission." He added, "Based on this, we will continue to expand business opportunities in the ultra-high voltage cable market."
in INDUSTRY
