Power technologies giant ABB Ltd. Has won orders worth about US$900 million to supply on-shore high-voltage direct current (HVDC) converter stations and cable stations that will help connect Norwegian hydroelectric power to be transmitted to German consumers.
The contract was awarded by a consortium that includes Norwegian state-owned grid company Statnett, Netherlands-based transmission operator TenneT and German development bank KfW.
“We are very pleased to be working with TenneT and Statnett on another landmark project that will support the integration of the European energy market,” ABB CEO Ulrich Spiesshofer said. “This order underlines ABB’s technology leadership in HVDC and is another milestone in restoring our Power Systems division to a path of long-term growth and profitability.”
The transmission line, called “NordLink”, will traverse more than 620 kilometers from Tonstad in southern Norway to Wilster in northern Germany, making it the longest in Europe. The line will transmit power at a capacity of 1,400 MW and is also designed to send Germany’s surplus green power to Norway.
“The NordLink project once again demonstrates ABB’s commitment to the efficient use of renewables,” ABB Power Systems division president Claudio Facchin said. “We are bringing clean power to millions of people and supporting the energy policies of Germany and Norway.”
NordLink is expected to begin commercial operation in 2020. ABB’s contract also includes a five-year service agreement.
For more technology and equipment news, visit here.