Danish group NKT A/S (CPH:NKT) has been selected as the preferred turnkey supplier of the cable systems for two Dogger Bank offshore wind farm projects, which came out successful in the recent contracts for difference (CfDs) allocation round in the UK.
The conditional order concerns the Dogger Bank Creyke Beck A & B projects, each of 1.2 GW capacity, developed by a 50/50 joint venture between UK utility SSE plc (LON:SSE) and Norway’s Equinor ASA (NYSE:EQNR).
NKT is in line to manufacture and supply 4x175 km of 320-kV direct current (DC) offshore export power cables and 4x32 km of 320-kV DC onshore export power cables, the company said Friday after the results of the CfD allocation round were announced.
The contract is valued at around EUR 360 million (USD 395.4m) in market prices. Upon confirmation of the order, NKT will manufacture the power cables in Karlskrona, Sweden, starting the production in 2020. Installation is planned to start at the end of 2021.
On Friday, SSE and Equinor confirmed their three Dogger Bank projects totalling 3.6 GW were among 12 offshore wind projects to be awarded CfDs in the UK allocation round.
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