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HD Hyundai Heavy to Invest 1 Trillion Won in Ulsan Power Engine, SMR Plants
Hyundai Heavy Industries (HD Hyundai) announced an investment exceeding 1 trillion won (about $720 million) to build two new production facilities in Ulsan, South Korea. One plant will manufacture the company’s HiMSEN power‑generation engines, targeting a 3‑gigawatt capacity for emergency generators and distributed power systems driven by the rapid expansion of artificial‑intelligence data centers. The second facility will produce core components for small modular reactors (SMRs), positioning Ulsan as a hub for next‑generation nuclear technology. Construction is slated to [...]