November 21 (Renewables Now) - Spain's grid operator Red Electrica de Espana (REE) has awarded Nexans (EPA:NEX) a roughly EUR-50-million (USD 57m) contract to manufacture and install the cable that will connect the Balearic islands of Mallorca and Menorca.
The turnkey project for the French cable producer will include engineering, design, supply, installation and testing of the interconnection, REE said today. The 68-km-long underground and submarine cable will improve the security and quality of supply for both islands and will also facilitate a greater integration of renewable energies, the grid operator noted.
Nexans will manufacture the cables and other components at its plants in Halden and Rognan in Norway, and Charleroi in Belgium. The Nexans Skagerrak cable laying vessel will be used in the project.
The cable is to be operational by 2020. REE awarded the contract for the EUR-84-million interconnection in record time after securing the green light from the Council of Ministers, which has dubbed it a project of public interest.
(EUR 1 = USD 1.14)