# Siemens Energy wins €700M synchronous condenser contract from TenneT

TenneT TSO B.V. awarded Siemens Energy B.V. a €700 million contract for the supply of synchronous condensers (AHSC01/EWSC01/NDSC01) to support grid stability in the Netherlands. The award was published on 26 March 2026.

- Type: Contract
- Announced: 2026-03-26
- Where: Groningen, Groot-Rijnmond, Zeeland, Netherlands
- Value: $770.0M (700.0M EUR)
- Status: completed
- Products: synchronous condensers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens Energy](https://endata.com/companies/6803.md) (supplier)
- [TenneT TSO](https://endata.com/companies/25647.md) (customer)

## Sources

- [tenderroster.com](https://tenderroster.com/en/notice/209025-2026/), 2026-03-26: "TenneT TSO B.V. awarded this contract on 26 Mar 2026."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.