French cable provider Nexans has received a €1.43 billion ($1.61 million) turnkey contract to construct a part of the so-called EuroAsia Interconnector, which is able to join Greece, Israel and Cyprus

The corporate mentioned it’s going to construct a 525 kV high-voltage direct present (HVDC) cable that can initially join Greece and Cyprus. It is going to be put in at a depth of greater than 3,000 meters.

“The subsea HVDC Mass Impregnated cables might be manufactured at Nexans’ amenities in Halden (Norway) and Futtsu (Japan), and might be put in on the state-of-the-art cable laying vessels Nexans Aurora and Nexans Skagerrak,” the producer mentioned in an announcement.

The Pole One cable is anticipated to be accomplished in 2028, whereas the remaining a part of the undertaking, which connects Israel to Cyprus and Greece, might be accomplished in 2029.

“The EuroAsia Interconnector will trade as much as 1,000 MW between the three nations with the flexibility so as to add 2,000 MW,” Nexas mentioned, referring to your entire undertaking.

The vitality ministers of Greece, Cyprus and Israel signed a memorandum of understanding in March 2021 to enhance the implementation of subsea energy infrastructure. The EuroAsia Interconnector was listed as one of many European Union’s Initiatives of Frequent Curiosity (PCIs) chosen by the European Fee to enhance the bloc’s inside vitality market in 2015.

In July of this yr, the Israeli authorities launched a undertaking to construct a submarine cable alongside its nationwide coast. The federal government famous the potential for connecting the brand new cable to a submarine transmission line deliberate by Israel, Greece and Cyprus within the Mediterranean Sea.

This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: [email protected].