LS Cable & System Ltd., South Korea’s largest cable manufacturer, announced that its subsidiary, LS Marine Solution Co. (LS Marine), has won a US$15.8 million contract to install submarine power cables for Taiwan Power Company’s (TPC) offshore wind power plant.
A press release said that LS Marine Solution will install the submarine cables for the TPC Offshore Wind Power Complex 2, a 294.5 MW project, by May 2026. The order represents the first overseas submarine power cable deal for LS Marine.
LS Marine Solution was established in 1995 as South Korea’s first dedicated submarine cable construction company. Formerly known as KT Submarine, it was acquired and rebranded by LS Cable & System in 2023.
LS Cable & System has previously supplied ultra-high-voltage submarine cables for Taiwan’s first phase offshore wind projects—including the one cited above—and the new contract is expected to create synergies between cable manufacturing and installation. The current project is part of the Taiwanese government’s long-term plan to develop 20.6 GW of offshore wind capacity by 2035.
“Based on our technology and experience accumulated as the first-generation submarine cable construction company in Korea, we have successfully taken our first step into the overseas power grid market,” said LS Marine Solution CEO Kim Byung-ok. “We will further expand our entry into the global market with this Taiwan project.”
