Search results for HVDC
AI & Enterprise
South Korea to invest over 200 trillion won in R&D by 2030, secure 260,000 GPUs
South Korea’s Ministry of Science and ICT said it finalised its Sixth Basic Plan for Science and Technology for 2026 to 2030 after approval by the National Science and Technology Advisory Council. The plan calls for investing more than 200 trillion won in government R&D over five years and spreading an AI shift across the country. It includes securing 260,000 public-private GPUs, building a sixth supercomputer and a national AI computing centre, and focusing over 60 trillion won on 10 strategic technology fields.
Telecommunications & Media
Europe and North Africa start building first HVDC subsea power link under Mediterranean
Europe and North Africa have moved to build their first direct-current subsea power link, connecting Italy’s Sicily with Tunisia through the Mediterranean. Italy’s grid operator Terna and Tunisia’s state electricity and gas utility STEG selected Hitachi Energy to build converter stations for the ELMED interconnection project under a contract worth about 770 million euros. The 600 MW link spans about 220 km, with cables reaching depths of about 800 metres.
Telecommunications & Media
Southeast Asia to pursue five subsea power cable projects by 2040, governance seen as key
Southeast Asian countries are speeding up efforts to expand regional power grids using subsea power cables, but the main obstacle is institutional, not technical, an analysis said. Energy think tank Ember said ASEAN subsea interconnection projects must prioritise joint planning, cost-sharing standards and a marine governance framework. A plan calling for 18 new and existing links by 2040 includes five subsea projects. Analysts said such networks could bolster energy security and support lower-cost power and low-carbon transition.
