Nkt News

Bekaert Joins Tailwind Floating Wind Moorings Innovation Project

Apr 04, 2024

Belgium-based offshore mooring systems specialist Bekaert has joined the Tailwind project, which aims to develop advanced mooring solutions for floating wind industry.The Tailwind project, launched in January 2024, will aim to deliver advanced station-keeping technologies…

Electrification: Equinor's Sleipner and Gudrun Fields Start Partly Operating on Shore Power

Apr 04, 2024

The Sleipner field center, along with the Gudrun platform and other associated fields - operated by Equinor - is now partly operating on power from shore in a decarbonization effort that will reduce annual emissions from the Norwegian continental shelf (NCS) by 160…

Nexans Secures First Call-Off Under TenneT’s Offshore Wind Grid Deal

Mar 20, 2024

French subsea power cable maker Nexans and transmission system operator TenneT have signed call-off contract for the BalWin3 and LanWin4 offshore grid connection projects, which will link up North Sea offshore wind farms with German grid.The…

NKT Orders $270M Cable Layer from Vard

Jan 15, 2024

Norwegian ship designer and builder Vard has confirmed the Danish subsea cable company NKT is behind the order for the construction of the new cable laying vessel.The contract, valued between $218-270 million (€200-250 million), was signed mid December 2023 by Vard and NKT HV Cables…

Danish Power Cable Maker NKT Clinches Record Order in Germany

Sep 29, 2023

Danish power cable maker NKT has been awarded a combination of five on- and offshore power cable projects embedded in a long-term framework agreement by the German transmission system operator 50Hertz.According to NKT, with a combined value of about 3…

UK-Denmark 1.4GW Subsea Interconnector Starts Operating

Jan 03, 2024

The Viking Link, said to be the world’s longest land and subsea electricity interconnector, became operational and started transporting power between the UK and Denmark.The $2.15 billion (£1.7 billion) link stretches for 475 miles between UK and Denmark…

Siemens Energy Shares Slide 39% after Company Seeks State Guarantees

Oct 27, 2023

Siemens Energy shares plunged nearly 40% on Thursday, wiping 3 billion euros ($3.16 billion) off its market value, after the group said it was in talks with the German government about state guarantees following big setbacks at its wind unit…

Substantial Cable Contract Awarded for Poland's 1.2GW Offshore Wind Farm

Oct 13, 2023

DEME Offshore, with its consortium partners NKT and TFKable Group has said it has secured a substantial cable contract for Baltic Power, the first offshore wind farm to be constructed in Poland. This is also the first offshore wind project for DEME Offshore in Poland…

Danish Firm to Supply Cable System for Polish Offshore Wind Farm

Aug 14, 2023

Danish power cable maker NKT has won a contract to design and produce the offshore export power cable system for the Polish offshore wind project Baltic Power.'The project is important for the transition to renewable energy in Poland and the…

NKT's Massive Investment: New Cable Laying Vessel and Giant Offshore Cable Making Plant

May 24, 2023

Denmark-based power cable-making and installation firm NKT said it would invest around one billion euros in its high-voltage power cable business, including a new high-end cable laying vessel, and a new offshore cable production plant in Sweden…

Denmark's NKT Confirmed as Preferred Bidder for Scottish HVDC Transmission Projects

Jul 21, 2023

Denmark-based power cable-making and installation company NKT is confirmed as the preferred bidder for the supply of power cable systems for two HVDC transmission links by Scottish SSEN Transmission, with the intent to sign a framework agreement for future projectsSSEN Transmission…

Power Cable Specialist NKT Names Claes Westerlind as President and CEO

May 09, 2023

NKT, a company specializing in making and installing power cables, has appointed Claes Westerlind as President and CEO.'Claes has extensive experience from the power cable industry and in-depth knowledge of NKT’s high-voltage business, markets and technology…

NKT to Supply Export Power Cables for OX2 and Ingka Investments' Swedish Offshore Wind Projects

May 30, 2023

OX2 and Ingka Investments, two companies working to build wind farms offshore Sweden, have entered into a conditional agreement with NKT for the delivery and installation of export power cables. NKT’s facility in Karlskrona will deliver the…

Denmark's NKT Set to Provide High-Voltage Export Power Cables for Polish Wind Offshore Farm

Jun 06, 2023

Denmark-based power cable-making and installation company NKT said Tuesday it would soon sign the order for a 230 kV AC high-voltage export power cable system for the Polish project Baltic Power Offshore Wind Park with a capacity of up to 1…

NKT Wins EUR 600M Order for High-voltage Power Cable System for Biscay Gulf Interconnector

May 05, 2023

Power cable-making and installation firm NKT has won an order for one of the 400 kV high-voltage power cable systems for the Biscay Gulf Interconnector, strengthening the transmission security and electricity supply between France and Spain…

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