Nexans awarded its largest agreement in history to support energy transition in Europe with TenneT
05 Maggio 2023 - 7:50AM
Nexans awarded its largest agreement in history to support energy
transition in Europe with TenneT
Nexans awarded its largest agreement in history to support
energy transition in Europe with TenneT
_PRESS RELEASE_
- Nexans
awarded frame
agreement by
TenneT for
turnkey high
voltage direct current projects
for offshore wind farms
- The agreement includes an
initial commitment for three grid connection
projects of an
initial value of 1.7bn EUR for
cables and installation
only
-
These projects will
contribute to the acceleration of Germany’s energy
transition and further increase energy security in
Europe; they will be operational
between 2029 and 2031
-
Nexans, through
its innovative 525
kV subsea
cable
system, will provide a
total of 6 GW of energy from the
North Sea to Germany.
Paris,
May 5, 2023 –
Nexans, a leader in the design and manufacturing of cable systems
and services, has been awarded a frame agreement by TenneT, the
Transmission System Operator (TSO) for the Netherlands and a
significant part of Germany.
Under this frame, Nexans will be responsible for
three grid projects, connecting the future offshore wind farms
BalWin 3, LanWin 4, LanWin 2, in the German North Sea to main land.
The initial value is 1.7bn EUR, with major subcontracted works to
be added once the project-specific call-offs are signed.
Nexans will be responsible for the full
Engineering, Procurement, Construction and Installation – including
civil works (EPCI) of over 2,160 km of subsea and land cables.
In 2022, Nexans made a major step forward with
the successful development and testing of the first 525 kV DC cable
with key features to enable a substantial increase in transmission
capacity. The awarded projects are the first in which the Nexans
group is deploying its breakthrough 525 kV offshore cable
technology, specifically designed to support the energy transition.
The subsea cables will be manufactured at Nexans’ flagship factory
in Halden, Norway.
After the successful completion of the DolWin 6
project and the award of the BorWin 6 project in 2022, the frame
agreement continues Nexans’ long-term partnership with TenneT,
contributing to the acceleration of Germany’s energy transition. It
confirms that Nexans is a reliable partner to support the energy
transition and reduce net GHG emissions to meet the carbon
neutrality targets set at COP21.
Vincent Dessale, Chief Operating Officer and
Senior Executive Vice President of Nexans said: "The uncertainty on
the energy supply has again underlined the need to invest in
offshore grids throughout Europe. This can only happen by creating
strong and long term partnerships between suppliers and
transmission system operators. The frame agreement developed by
TenneT is the perfect answer to those challenges, and is consistent
with Nexans’ risk reward model. Nexans is proud to be involved in
the ground-breaking developments and delighted to be trusted by
TenneT. Our expertise in this field has allowed us to be at the
forefront of the energy transition via offshore wind globally."
Nexans’ commitment to sustainability, focus on
electrification, development of innovative technologies dedicated
to HVDC projects, and investments in new production capacity,
vessels and subsea cable protection tools, position the Group as a
major player of the energy transition.
Tim Meyerjürgens, COO TenneT says: “After recent
awarding of the first five cable connections and the announcement
of the suppliers for the sea- and land-based converter stations, we
are again very proud to announce the partners for the multi-year
agreement to produce and install the cables for these crucial and
innovative grid connection systems for the energy transition.”
About Nexans
For over a century, Nexans has played a crucial
role in the electrification of the planet and is committed to
electrifying the future. With 28,000 people in 42 countries, the
Group is paving the way to a new world of safe, sustainable and
decarbonized electricity that is accessible to everyone. In 2022,
Nexans generated 6.7 billion euros in standard sales. The Group is
a leader in the design and manufacturing of cable systems and
services across four main business areas: Power Generation &
Transmission, Distribution, Usage and Industry & Solutions.
Nexans was the first company in its industry to create a Foundation
supporting sustainable initiatives, bringing access to energy to
disadvantaged communities worldwide. The Group pledged to
contribute to carbon neutrality by 2030.
Nexans. Electrify the future.
Nexans is listed on Euronext Paris, compartment
A.For more information, please visit
www.nexans.com
Contacts:
Communication Mael Evin
(Havas Paris) Tel. : +33 (0)6 44 12 14
91mael.evin@havas.com Emmanuel
Guinotemmanuel.guinot@nexans.com
Maëllys
Leosticmaellys.leostic@nexans.com |
Investor
relations Elodie
Robbe-MouillotTel.: +33 (0)1 78 15 03
87elodie.robbe-mouillot@nexans.com |
- 2023_05_05_pr-Nexans awarded its largest agreement in
history
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