TenneT awards $32 billion contracts for North Sea grid development
TenneT, the German transmission system operator, has granted $32 billion in contracts to three consortia for the development of North Sea offshore grid connections. The contracts, which cover the production and installation of 14 offshore grid connection systems, were signed with the consortia of GE/Sembcorp, GE/McDermott, and Siemens Energy/Dragados. This will produce enough offshore power transmission capacity from the German and Dutch North Seas to power 28 large-scale power plants.
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