# LS Electric and GE Vernova launch Grid X Technology HVDC joint venture

LS Electric and GE Vernova signed a strategic cooperation agreement on August 25, 2026, at CIGRE 2026 in Paris to establish Grid X Technology, a joint venture focused on voltage source converter (VSC) HVDC technology for South Korea's next-generation power grid.

- Type: Partnership
- Announced: 2026-08-25
- Where: South Korea
- Status: announced
- Products: VSC HVDC technology, power grid equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [GE Vernova](https://endata.com/companies/2947.md) (partner)
- [LS Electric](https://endata.com/companies/15629.md) (partner)

## Sources

- [koreawindintel.com](https://www.koreawindintel.com/ls-electric-ge-vernova-launch-vsc-hvdc-joint-venture/), 2026-08-26: "LS Electric has signed a contract to establish a joint venture with GE Vernova, a global power infrastructure company, to strengthen competitiveness in the voltage source (VSC) HVDC business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.