French cable supplier Nexans has secured a €1.43 billion ($1.61 million) turnkey contract to build a part of the so-called EuroAsia Interconnector, which will connect Greece, Israel and Cyprus
The company said it will build a 525 kV high-voltage direct current (HVDC) cable that will initially connect Greece and Cyprus. It will be installed at depths of more than 3,000 meters.
“Subsea HVDC Mass Impregnated cables will be manufactured in Nexans' facilities in Halden (Norway) and Futtsu (Japan), and will be installed by the state-of-the-art cable laying vessels Nexans Aurora and Nexans Skagerrak,” the manufacturer said in a statement.
The Pole One cable is expected to be completed in 2028, while the remaining portion of the project, connecting Israel with Cyprus and Greece, will be finalized in 2029.
“The EuroAsia Interconnector will exchange up to 1,000 MW among the three nations with the capability of increasing to 2,000 MW,” Nexas said, referring to the whole project.
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