Tag Archive for 'interconnector'

TenneT, Statnett and KfW Sign NordLink Cooperation Agreement for Joint Investment in First German-Norwegian Interconnector

By signing the ownership agreement for the NordLink interconnector between Germany and Norway, partners TenneT, Statnett, and KfW IPEX-Bank have made the final investment decision for the project, KfW reports. The 623 km HVDC link with a capacity of 1,400 MW will be the first direct connection between the two countries. The cable shall further the integration of the power markets and help integrate the increasing renewable energy production by allowing the exchange of power, thereby increasing the security of supply.

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