With a key geographical location – close to Europe’s offshore wind market, we are a leading supplier for renewable power transition with more than 50 awarded projects for offshore wind since 2010. EU aims to be climate neutral in 2050 with 300 GW renewable wind power – that will need a 25-fold increase in offshore wind capacity by 2050.
We have invested heavily in our cable factory in Karlskrona to meet the demands of the green transition. In recent years, we have expanded the factory with for example a second cable tower NKT Lighthouse, a state-of-the-art cable laying vessel NKT Victoria, a new test laboratory and, not least, in our employees.
The latest and ongoing investment will turn the site into the world's largest production site for high voltage offshore cables - our expansion with a new third extrusion tower allows us to meet the growing demand for both larger and longer high voltage offshore cables needed in the green transition. The tower in the new factory will be the second highest tower in Sweden.
Our high voltage cables systems are connecting countries bringing renewable energy from one place to another. We connect a greener world.