Prysmian Lands $224M Vineyard Wind Cabling Deal
Prysmian has been awarded a contract worth approximately €200 million (approximately $224 million) by Vineyard Wind to provide a submarine power cable system which will deliver clean energy to the mainland power grid in the US.
With the notice to proceed expected at the end of 2019, Prysmian will be responsible for the design, manufacture, installation and commissioning of an HVAC (High Voltage Alternating Current) cable system composed of two 220 kV three-core cables utilising extruded XLPE insulation.
The project requires a total of 134 kilometers of power cables. The submarine cables will be produced in Prysmian’s centres of excellence for the production of submarine cables in Pikkala (Finland) and Arco Felice (Italy).
Installation operations will be performed by Prysmian’s cable laying vessels Cable Enterprise and Ulisse.
Delivery and commissioning of the project are scheduled for 2021.
Prysmian will also provide PRY-CAM permanent monitoring solutions consisting of long range Distributed Temperature Sensing (DTS) and Real Time Thermal Rating (RTTR) systems collecting and analysing data by ways of an artificial intelligence interface, which generates automated alarm signals if a critical situation is identified.
“This contract reinforces Prysmian Group’s leading position in the submarine cable market and underpins both our continued role and our commitment to the North American offshore wind sector. Prysmian offers extensive technical expertise, levering on its wide knowledge and historical experience in this industry, where we ensure our close and local support to our customers throughout the complete project life cycle,” stated Hakan Ozmen, EVP Projects, Prysmian Group. “The US offshore wind market is now demonstrating a high level of motivation with a promising growth forecast and we are excited to contribute to realising this opportunity in the US market,” concluded Ozmen.