◂ Announcements

Mar 30, 2023CONTRACTNorth Sea (Netherlands and Germany), Netherlands

GE-led consortiums awarded ~10 billion euro HVDC contracts by TenneT

GE Renewable Energy's Grid Solutions, in consortium with Sembcorp Marine, was awarded three HVDC contracts worth ~6 billion euros for TenneT's 2GW program in the Netherlands. A separate GE-led consortium with McDermott has an agreement for two further contracts worth ~4 billion euros in Germany.

Value

$10.8B (10.0B EUR)

Status

Announced

ProductsHVDC systemsoffshore wind transmission

CompaniesGE Renewable Energy TenneT customer Sembcorp Marine partner McDermott partner

Sectors#Power Generation Equipment

“TenneT's innovative High-Voltage Direct Current (HVDC) 2GW Program in the Dutch and German North Sea is one of the most important infrastructure projects of the century”advfn.com

1 source
advfn.comTwo GE-Led Consortiums in Agreement with TenneT for the Award of Contracts Totaling Approx. 10 Bln Euros to Build State-of-the-Art HVDC Systems for TenneT’s 2GW Program in the Netherlands and GermanyBusiness WireMar 30, 2023

Summarized from public sources; check the original articles before acting on it.

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