The agreement comprises three contracts, each valued at around EUR2 billion ($2.88 billion). Each contract will supply the high voltage direct current (HVDC) electrical transmission systems for three mega offshore wind farm projects in the Netherlands. The projects have a combined capacity of 6GW and are a part of TenneT’s offshore grid acceleration programme.
Sembcorp Marine (SGX:S51
) (SembMarine) has jointly secured a framework cooperation agreement (FCA) from leading European grid operator TenneT TSO.
The FCA, which was signed with SembMarine’s wholly-owned subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (SMOP), and consortium partner GE Renewable Energy’s Grid Solutions (GE), spans five years with the option to extend another three years.
