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Shortly after revealing new investment plans, NKT's CEO resigns
Grid

Shortly after revealing new investment plans, NKT’s CEO resigns

NKT’s Chief Executive Officer (CEO) Alexander Kara has decided to leave the company and is being replaced from within. The announcement comes shortly after the company revealed it was planning new investments in additional production capacity and capabilities. According to NKT, Kara has decided to l

about 3 years ago
Germany, Denmark probe market for Bornholm Energy Island cable connection(s)
Grid

Germany, Denmark probe market for Bornholm Energy Island cable connection(s)

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Energinet and 50Hertz have issued a periodic indicative notice to carry out a market investigation on the planned procurement of cable systems regarding the Bornholm Energy Island (BEI) project for establishing the required cable connections from/to Bornholm. This market investigation is a process t

about 3 years ago
TenneT awards € 5.5 billion offshore wind cable contracts
Grid

TenneT awards € 5.5 billion offshore wind cable contracts

TenneT has awarded NKT, Nexans, and a consortium of Jan De Nul, LS Cable, and Denys with contracts to install 525 kV HVDC cable systems for ten offshore wind projects in the Netherlands and Germany. The total volume of the contracts for the production and installation of the ten cable systems amount

about 3 years ago
Japanese company to set up power cable factory in Scotland
Grid

Japanese company to set up power cable factory in Scotland

Japan-headquartered Sumitomo Electric Industries is planning to establish a power cable factory in Scotland which will supply cables for offshore wind farms and grid connections. “Sumitomo Electric has the technologies necessary for the development of a green society and will work with the Scottish

about 3 years ago
Swedish offshore wind operator opens call for seabed surveys
Grid

Vattenfall taps Hellenic Cables for 4.2 GW Norfolk offshore wind zone

Hellenic Cables has signed an agreement with the Swedish energy company Vattenfall to supply inter-array cables for the Norfolk Offshore Wind Zone in the UK. Under the agreement, the Greek cable manufacturer will provide approximately 850 kilometres of aluminium cables which will be used to connect

about 3 years ago
Offshore Energy at WindEurope: UK-Netherlands multi-purpose interconnector launches (Video)
Grid

Offshore Energy at WindEurope: UK-Netherlands multi-purpose interconnector launches (Video)

UK energy market regulator Ofgem has received the application for an electricity interconnector license for the recently announced LionLink multi-purpose interconnector that will connect the UK and the Netherlands. The application was submitted by National Grid Lion Link Limited for a license that w

about 3 years ago
Nexans secures loan guarantees for UK export cable contract
Grid

Nexans secures loan guarantees for UK export cable contract

Nexans Norway has secured NOK 2 billion (around £155 million) in loan guarantees from Export Finance Norway (Eksfin) that will be used for a UK export cable contract. The transaction covers the export and installation of high-voltage subsea cables for the Moray West offshore wind farm off the coast

about 3 years ago
European partnership eyes new solutions for renewable energy transmission
Grid

European partnership eyes new solutions for renewable energy transmission

SuperNode, an Irish developer of energy transmission technology based on superconductivity, and the European Laboratory for Particle Physics CERN are collaborating to develop a novel type of insulation for superconducting cables in an effort to improve energy transmission and accelerate the transiti

about 3 years ago
OEG Offshore buys compatriot subsea cable specialist
Grid

OEG Offshore buys compatriot subsea cable specialist

UK’s OEG Offshore has acquired compatriot Pelagian, a provider of consultancy, engineering and installation management services to the submarine cable and offshore renewable energy industries. With the acquisition, OEG stated it was better equipped to support the cable sector across different end ma

about 3 years ago
N-Sea to connect German offshore wind farm to Dutch gas platform
Grid

N-Sea to connect German offshore wind farm to Dutch gas platform

Dutch upstream oil and gas company, ONE-Dyas, has awarded N-Sea with a contract to install a subsea power cable between the Riffgat offshore wind farm in the German North Sea and the new, to-be-built N05-A gas production platform. The scope of N-Sea includes the complete scope comprising survey, des

about 3 years ago
French TSO taps Fugro for floating offshore wind survey work
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French TSO taps Fugro for floating offshore wind survey work

France’s RTE (Réseau de Transport d’Electricité) has awarded Fugro with a contract to perform a geotechnical investigation for future offshore substations at two floating wind farm sites in the Gulf of Lion in the Mediterranean Sea. After an evaluation of environmental impacts, Fugro mobilised its G

about 3 years ago
In focus: Vessel decarbonization efforts power ahead
Grid

In focus: In pressing need for GHG reduction, vessel decarbonization efforts power ahead

In a pressing need to reduce global greenhouse gas emissions (GHG), the shipping sector and offshore vessel services providers are certainly the protagonists in the whole decarbonization story. However, although we are seeing an increasing number of initiatives, we still have a long way to go.

about 3 years ago
European Commission taps Hellenic Cables for floating wind pilot project
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European Commission taps Hellenic Cables for floating wind pilot project

Greek cable manufacturer Hellenic Cables has been selected by the European Commission to take part in delivering the Infinite project aimed at accelerating industrial-scale floating wind. The Infinite project includes the deployment and testing of a 4.8 MW floating wind pilot system at a 100-meter w

about 3 years ago
NKT secures €500 million offshore wind contract
Grid

NKT secures €500 million offshore wind contract

Ørsted has awarded NKT with a supply contract for the delivery of the high-voltage DC on- and offshore export cable system for the Hornsea 3 wind farm offshore the UK. For NKT, the final order has an estimated contract value of approximately €500 million in market prices. The contract will comprise

about 3 years ago