LS Cable & Systems focuses subsidiaries on offshore wind

South Korea-based electrical cable provider LS Cable & System has announced that it will be expanding its presence in the offshore wind market through several of its subsidiaries.

The company said that Gaon Cable, LS Eco Energy, LS Materials, and LS Marine Solution will further strengthen its competitiveness across the entire offshore wind power industry value chain and expand its eco-friendly energy portfolio.

The business is being expanded in various areas, from submarine cable production to construction, core component supply, and maintenance.

LS Materials supplies ultracapacitors for the pitch control system of wind power generators and is promoting the supply of grid systems essential for stabilizing the renewable energy power grid.

Gaon Cable and LS Eco Energy will expand their submarine cable business and offshore wind power-related investment and operation while LS Marine Solutions will cover offshore wind power and marine plants with its ship operation businesses.

LS Cable & System plans to lead the offshore wind power market based on its experience in building the only HVDC submarine transmission network in Korea.