Prysmian indicators contracts price in combination round €5 billion with Amprion

Milan, 15 February 2024 – Prysmian, world chief within the vitality and telecom cable methods business, has finalised three contracts price in combination round €5 billion with Amprion, one of many main European TSOs, for 2 offshore grid connection methods — BalWin1 and BalWin2 — and the underground cable mission DC34. The contracts, which is now added to Prysmian’s order backlog, comply with the choice of Prysmian as most well-liked bidder in August 2023.

This bundle deal is the biggest in worth and in km of cable ever awarded to Prysmian. It contains in combination roughly 4,400 km of ±525 kV HVDC cables and DMR (Devoted Metallic Return) cables, of which round 3,400 km are land cables and 1,000 km are submarine cables.

“The three contracts with Amprion are an vital milestone for Prysmian as they underline as soon as once more the trusting cooperation between the 2 corporations. We’re glad to actively contribute as a dependable accomplice to the vitality transition “commented Hakan Ozmen, EVP Prysmian Transmission Division.

“We’ve secured the mandatory cable sources for 3 vital vitality transition tasks. Contracts like those with Prysmian are important so as to obtain our offshore enlargement targets. For us, it is a main step in direction of mission success” mentioned Dr Hendrik Neumann, CTO of Amprion.

The three tasks are a part of Germany’s total plan to put in 70 GW of offshore wind vitality by 2045 and can assist the transmission of the vitality generated within the North Sea to shoppers within the Western and Southern areas of the nation.

BalWin1 and BalWin2 every will transmit as much as 2 GW of offshore wind vitality, produced in areas 9 and 10 of the German North Sea, to the grid connection factors, thus supporting the vitality transition within the industrial coronary heart of Germany. As well as, DC34 — as a part of the Rhein-Important-Hyperlink — will join the substation in Decrease Saxony to a second substation within the federal state of Hesse to transmit as much as 2 GW of wind vitality to shoppers within the Rhine-Important metropolitan space.

For extra info, please confer with Prysmian’s press launch dated 22 August 2023.