LS Cable & System (LS C&S) has signed a significant contract with TenneT Offshore, the German subsidiary of the Dutch state-owned power company TenneT, for an offshore wind farm project.
A press release said that the contract—valued at 907.3 billion won (approximately $700 million)—is for the TenneT Offshore’s LanWin4 2 GW project. LS C&S will supply ultra-high voltage direct current (HVDC) 525 kV submarine and underground cables as well as provide necessary accessories, perform electrical connection work and conduct on-site testing to ensure the project’s success. The contract will see cable supplied through 2031.
The contract continues LS C&S’s established relationship with TenneT. It had previously been chosen to supply cable for projects that include offshore wind farms in the North Sea of Europe, and others, that were valued significantly more than the latest one.
TenneT, a prominent European electricity transmission system operator, is responsible for the construction and maintenance of the high-voltage grid in the Netherlands and Germany.