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Danish offshore cabling specialist NKT has been awarded two turnkey projects in Germany under a multi-year framework agreement with transmission system operator TenneT.
TenneT has selected NKT to provide 525 kV XLPE HVDC on- and offshore power cable systems for two projects. The scope involves cable design, engineering, production, as well as installation on and offshore.
The two projects awarded to NKT by TenneT are LanWin7 and a part of NordOstLink. The contracts are expected to be called off in 2026-27 and will have a combined value of approximately €1bn ($1.04bn), which includes cable design, engineering, production as well as offshore installation. Commissioning of the projects is expected in 2033-34.
With these projects, a total of five projects have been awarded to NKT under the framework agreement, which runs until 2028 with a possible extension until 2031.
“Applying our power cable technology to these two additional projects in Germany will enable the energy transition in Europe by facilitating the efficient transport of wind power from the North Sea to the onshore grid, said Claes Westerlind, president and CEO at NKT. |
