Athens, June 4, 2019
The Floating Wind Joint Industry Project (Floating Wind JIP), under the auspices of Carbon Trust, is a collaborative R&D initiative between industry partners EnBW, ENGIE, Eolfi, E.ON, Equinor, innogy, Kyuden Mirai Energy, Ørsted, ScottishPower Renewables, Shell, Vattenfall, and Wpd, with support from the Scottish Government, aiming at designing and developing commercial-scale floating wind farms.
This initiative aimed at the development of high voltage dynamic export cables for the transmission of power from wind farms to shore, a new technology that is a critical factor for the commercial deployment of floating wind technology. For this purpose, Hellenic Cables will support the design, initial testing and development of dynamic cables ranging from 130kV to 250kV to enable the efficient transmission of power from floating wind turbines to shore.
The first phase of this project, which has been awarded to Hellenic Cables, will conclude in March 2020.
Hellenic Cables’ contribution to the above cooperation initiative will be the production of submarine dynamic high voltage cable, which will be manufactured at Fulgor’s, Hellenic Cables subsidiary, plant located at Soussaki, Corinth, Greece where Fulgor has the state-of-the-art facilities and equipment.
Cablel® Hellenic Cables represents the cable production segment of Cenergy Holdings SA, and is one of the largest cable producers in Europe, manufacturing power and telecom cables as well as submarine cables for various industries, including offshore wind and power grid connections, while also undertaking the completion of turnkey power transmission and distribution projects. The Company’s production base comprises four plants in Greece and one in Bulgaria, including the submarine cables’ plant of its subsidiary, Fulgor, where the production and testing of some of the longest submarine cable lengths on a worldwide basis is empowered by the Company’s state-of-the-art facilities and equipment. Cablel ® Hellenic Cables recently implemented a EUR 150 million approx. investment plan for the manufacture of high-voltage and extra high-voltage submarine cables at Fulgor’s plant. Looking ahead, additional investments in technology and innovative cable solutions are planned, as a way of contributing to the creation of a sustainable future for its stakeholders.