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Prysmian secures cable link contract worth €250m

Mon, 08 February 2016

Italian expert in energy and telecom cables, Prysmian Group, has been awarded a new contract worth around €250m for a North Sea submarine power cable link.

Dutch and Danish power transmission grid operators, TenneT TSO B.V and Energinet.dk SOV, awarded Prysmian the contract to provide a High Voltage Direct Current (HVDC) interconnector linking Denmark and the Netherlands.

The COBRAcable interconnector will help create a sustainable international energy landscape, a key aim of the European Union, which is supporting the project through the European Energy Programme for Recovery.

Massimo Battaini, senior vice president of Energy Projects at Prysmian Group, said: “This important award reconfirms our prominent role in the submarine cables sector, as well as acknowledging our commitment to the development of smarter and greener power grids.”

The contract involves the turn-key supply and installation of an HVDC bipole that will operate at a voltage level of ±320kV with a rating of approximately 700MW.

The connection will be constructed using HVDC technology which minimises transmission losses over the long distances involved. It will run along a total route of around 325km and will include two onshore lengths to link to the offshore converter stations, provided under separate contract by Siemens.

All cables will be produced in Arco Felice, near Naples, Italy and Pikkala, near Helsinki, Finland. Delivery is scheduled by the third quarter of 2018.

Source: Rebecca Strong

- See more at: http://www.maritimejournal.com/news101/industry-news/prysmian-secures-cable-link-contract-worth-250m#sthash.l5iC03Yk.dpuf

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