The export power cables will be produced at the NKT factory in Cologne, with expected commissioning of the full project in 2026. The order award will not change the 2023 financial outlook for NKT.
The order is subject to formal contract signature expected end of June 2023 and a subsequent final notice to proceed.
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Spring 2023 issue
The Spring 2023 issue of Energy Global hosts an array of technical articles focusing on offshore wind, solar technology, energy storage, green hydrogen, waste-to-energy, and more. This issue also features a regional report on commodity challenges facing Asia’s energy transition.
