Nexans signs a reservation agreement for the EuroAsia interconnector

Nexans Norway has signed a reservation agreement for the HVDC cable systems for the Cyprus – Greece link of the EuroAsia Interconnector.

EuroAsia Interconnector is a high voltage and direct current multi-terminal system that will include three converter stations with marine electrodes, interconnected by cables, connecting the national power grids of Israel, Cyprus and Greece to Europe.

The reservation agreement enables work to commence and ensures reservation of the required manufacturing and installation capacity to design, manufacture, supply, install and test the onshore and offshore HVDC cable systems for timely implementation of the submarine electrical interconnection.

Nexans was named the preferred bidder for the engineering, procurement, construction and installation (EPCI) contract for the HVDC cable systems for the first phase of the project in June.

The company will be in charge of the EPCI of two HVDC cable systems, Pole 1 and Pole 2, for the Cyprus – Greece (Crete) link of Stage 1, ie 1,000 MW, of the EuroAsia Interconnector.

The EuroAsia Interconnector entered the construction phase in October.

In full deployment, the 500 kV interconnection will enable the transfer of 2,000 MW of electricity. Its total offshore length is 1,208 kilometers, while its land length is 25 kilometers.

It should end the energy isolation of Cyprus, effectively connecting all EU countries physically to the EU electricity grid.

The first phase of the project should be operational by 2025.

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