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NKT to Supply Onshore Power Cables for Transmission System in Belgium

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NKT will supply 545 km of high-voltage power cables to strengthen Belgium’s transmission grid. Sep 12, 2024 As electricity supply and demand increases across Europe, the underlying grid needs significant upgrades and modernization to keep up. According to the IEA, around 40 percent of Europe’s grid is over 40 years......
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NKT Finalizes Shetland HVDC Link Supporting Renewable Energy in Great Britain

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The turnkey project connects the Shetland Islands to the main grid in Scotland with the Shetland 320 kV HVDC link. The interconnector is now a key contributor to the integration of renewable energy in Great Britain. Sep 12, 2024 Interconnected power grids are essential to the green transition and with......
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NKT to Supply Cables for Grid Upgrade Projects in Denmark

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NKT signed a framework agreement with Nexel to supply 4,000 km of power cables, majority of which will be produced locally at the NKT factory in Asnaes, Denmark. Sep 17, 2024 With growing demand for electricity, primarily driven by electric vehicles, heat pumps, and the phasing out of gas, Denmark’s......
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NKT Acquires SolidAl to Address Growing Grid Demand

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NKT has acquired SolidAl from NJord Partners for EUR 192 million. It will invest in additional capacity at the existing site of the Portugal-based power cable company, adding medium and high-voltage capacity to meet the growing demand from grid upgrades and renewable energy projects across Europe. Jul 10, 2024 NKT......
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NKT to Invest EUR 100 Million in MV Power Cable Business Across Europe

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The investment will add 20-110 kV production capacity & capabilities to NKT’s medium-voltage factories in Denmark, Sweden & Czech Republic, and also strengthen its position as a key partner to its customers in the green transition of societies. Apr 10, 2024 To support growing demand from customers for medium-voltage power......
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NKT Secures 2 Onshore Power Cable Projects by German TSO Amprion worth EUR 1.2 Billion

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NKT will provide high-voltage alternate current (AC) and direct current (DC) onshore power cable systems for the ongoing expansion of the German power grid. Mar 19, 2024 Leading cable and cable accessories supplier to the energy sector, NKT, has been awarded two onshore power cable projects by the German TSO......
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NKT Joins Hands with Hydro to Decarbonize Power Cable Supply Chain

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The collaboration will aid both companies’ journey towards net zero by aligning common decarbonization targets for both primary and recycled aluminum, along with increasing their role in reducing the carbon footprint of power cables. Mar 9, 2024 Leading cable and accessories supplier to the energy sector, NKT, has entered into......
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NKT to Build World’s Largest High-Voltage Offshore Cable Production Site in Sweden

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In light of the EU’s aim to be climate neutral by 2050, which requires a 25-fold increase in offshore wind capacity by 2050, NKT is coming up with the world’s largest high-voltage offshore cable production site in Sweden, the second highest tower in Sweden, where cables could be produced for......
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UK-Denmark Viking Link Reaches Completion – EUR 2 Billion Invested in 475-Mile Land & Subsea Cable Network

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The final section of the Viking Link Interconnector has been completed by Prysmian’s cable-laying vessel in Danish waters. The EUR 2 billion project will connect the UK and Denmark to share green electricity through a land and subsea cable network of 475 miles. The Jul 18, 2023 The final section......
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NKT to Sign Power Cable Contract Worth EUR 120 Million for First Major Offshore Wind Farm in Poland

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NKT will be finalizing the power cable contract for the Baltic Power Offshore Wind Park project. The project is expected to have a capacity of up to 1.2 GW, and the order value is over EUR 120 million comprising the design and production of approximately 130 km of 230 kV......
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