Skeleton Technologies has signed a strategic Memorandum of Understanding with Hyosung Heavy Industries, together with Marubeni Corporation, to cooperate on Korea’s first domestically produced next-generation e-STATCOM grid stabilization solution, with commercialization targeted for 2027.
The partnership integrates Skeleton’s supercapacitor-based high-voltage (HV) rack into Hyosung’s STATCOM platform, enabling a new class of grid-stability solutions addressing the structural stresses created by renewable energy penetration and the rapid rise of AI data-center loads. Marubeni, Skeleton’s strategic partner and distributor in Asia-Pacific, will support supply, distribution, and regional market development across the region.
The two companies plan to develop Korea’s first e-STATCOM solution. Designed to address rising grid stress driven by renewable energy integration and the rapid growth of AI data centers, e-STATCOM enables both reactive and active power compensation. By combining STATCOM functionality with Skeleton’s high-power energy storage systems, the solution delivers rapid energy injection, virtual inertia, and fast response during grid disturbances - key capabilities for resilient, high-performance power systems.
As power systems worldwide face increasing volatility from fluctuating renewable generation and AI-driven demand, the joint solution positions e-STATCOM as essential infrastructure for the next phase of the energy transition and the AI era.
Commenting on the partnership, Cho Hyun-joon, Chairman of Hyosung Group, emphasized that the global power market is entering a super-cycle driven by the convergence of AI and renewable energy, underscoring Hyosung Heavy Industries’ ambition to lead the development of next-generation grid technologies and reshape the global power grid landscape.
