Prysmian signs contracts worth around €1.1 bn with 50Hertz for German grid projects

Wind Industry Profile of

Prysmian confirms its strategic role as energy transition enabler and continues to strengthen its presence in the European market

Prysmian PowerLink s.r.l, part of Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded new contracts worth in total around €1.1 billion by 50Hertz, a transmission grid operator in Germany. As part of the 50Hertz “long-term EPCI contracts for HVDC cables” tender, Prysmian has received an award for Lot2 — which includes EPCI contracts for the NOR-11-1 submarine and DC31 land projects - along with Lot7. These projects are part of Germany's overall goal to reach a cumulative installed capacity of 70 GW by 2045 for offshore wind and to... ... More: Official Press Release Prysmian Group

Keywords:

Prysmian, 50Hertz, energy transition, Germany, cables, underground cables, agreement, grid, HVDC, Lot2, submarine, offshore, wind farm