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Taihan Cable reports 2 contracts, 1 in Germany and the other in South Korea

Taihan Cable & Solution (Taihan) reported winning a contract from Germany’s TenneT and another for the Yeonggwang Nakwol offshore wind farm in South Korea.

A press release said that Taihan won a contract from Germany’s TenneT to supply it EHV power cable in a deal worth about US$45 million. The project calls for 380kV underground cables that will be used to expand the transmission network for power generation. Taihan will supply the EHV cables and cable accessories, and be responsible for the power network design, cable laying, connection and testing. Taihan previously won two projects in Germany’s HV cable market worth US$52.4 million.

Taihan also reported that it has won a contract worth approximately $75 million to supply subsea cables for the 365 MW Yeonggwang Nakwol offshore wind farm in South Korea. Per multiple media reports, the order is for inter-array subsea cables that will connect 64 offshore wind turbines installed at the wind farm, and the cables connecting them with a new substation on Songi Island.

The cables will be made at Taihan’s Dangjin plant. Last October, the company was a preferred subsea cables supplier for the 532 MW Anma offshore wind project.

“With the Yeonggwang Nakwol project, we will contribute to the stabilization of the subsea cable supply chain by actively participating in various offshore wind power projects being advanced in Korea, and increase export competitiveness by using it as a stepping stone for expansion into the growing offshore wind power market in Europe and the United States,” Taihan said.

Read 542 times Last modified on February 4, 2024

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