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NKT has released its financial results for Q1 2020 showing improvements driven by all three business lines.
https://www.nkt.com/news-press-releases/improved-financial-results-in-q1-2020
The Danish utility N1 is preparing to connect the Danish solar farm Vandel III to the power grid to support the transition to renewable energy. NKT has won the order of approximately 135 km of high-voltage power cables to reinforce the local power grid to ensure efficient distribution.
https://www.nkt.com/news-press-releases/nkt-wins-order-to-connect-large-danish-solar-farm-to-the-power-grid
NKT forsyner nå sin strømkabelproduksjon med elektrisitet fra fornybar energi. Dette reduserer CO2-utslipp fra energiforbruk med 66 %. For NKT er bruk av grønn energi et trinn for å støtte global overgang til fornybar energi ved å redusere karbonavtrykket av sine kraftkabler.
https://www.nkt.com/news-press-releases/nkt-kjoerer-alle-stroemkabelfabrikker-med-fornybar-energi-og-sparer-over-48-000-tonn-co2-aarlig
NKT is now powering its power cable manufacturing with electricity from renewable energy. This is reducing its CO2-emissions from energy consumption with 66%. For NKT, the move to green electricity is a key step in supporting the global transition to renewables by reducing the carbon footprint of its power cable solutions.
https://www.nkt.com/news-press-releases/nkt-runs-all-its-power-cable-factories-with-renewable-energy-saving-over-48-000-tons-of-co2-annually
The Caithness-Moray power link project is a major investment in Scottish infrastructure, capable of transmitting enough power to meet the needs of about two million residents.
https://www.nkt.com/news-press-releases/nkt-completes-the-hvdc-power-cable-system-for-scottish-caithness-moray-link-supporting-transition-to-a-low-carbon-economy
As informed in Company Announcement no. 13 of 15 November 2019, NKT was evaluated as successful bidder for delivery and installation of the onshore power cable systems for the Attica-Crete interconnector project.
https://www.nkt.com/news-press-releases/nkt-confirms-turnkey-order-for-the-attica-crete-interconnector-project
NKT has entered a Preferred Supplier Agreement (PSA) as main contractor for delivery and installation of high-voltage DC on- and offshore export cable systems to the prospective Dogger Bank offshore Wind Farms Creyke Beck A/B. The project is being developed as a joint venture by Equinor (50%) and SSE (50%).
https://www.nkt.com/news-press-releases/nkt-is-preferred-turnkey-supplier-for-dogger-bank-offshore-wind-farms-creyke-beck-a-b
The NKT factory in Cologne, Germany, is now powered by electricity from renewable energy sources and joins the high-voltage factory in Karlskrona, Sweden, as a green manufacturing site. With both factories running solely on renewable electricity, NKT takes significant step to meet the increasing market demands for low-emission high-voltage power cable solutions.
https://www.nkt.com/news-press-releases/nkt-runs-its-high-voltage-power-cable-factories-on-renewable-energy
NKT has been awarded a turnkey project from Lundin Norway AS for the 132 kV high-voltage power cable connecting the Edvard Grieg oil and gas production platform to the Johan Sverdrup field center. The power cable solution will finalize the Utsira High Power Hub Project to power several oil and gas fields with renewable power from shore.
https://www.nkt.com/news-press-releases/nkt-wins-high-voltage-power-cable-order-to-connect-two-oil-and-gas-platforms-in-norway
As informed in Company Announcement no. 11 of 20 September 2019, NKT has entered a Preferred Supplier Agreement (PSA) as main contractor for delivery and installation of high-voltage DC on- and offshore export cable systems to the Dogger Bank Wind Farms Creyke Beck A and Creyke Beck B site.
https://www.nkt.com/news-press-releases/nkt-confirms-order-for-dogger-bank-offshore-wind-farms-creyke-beck-a-b
With a new Cable Laying Monitoring System at the cable-laying vessel NKT Victoria, NKT again raises the bar for reliability and traceability during offshore installation of high-voltage power cables even in the most challenging conditions.
https://www.nkt.com/news-press-releases/nkt-introduces-next-generation-monitoring-system-for-high-voltage-power-cable-installation-with-nkt-victoria
NKT is strengthening its research and development competencies with the acquisition of Technology Consulting from ABB. The acquisition is a key step for NKT to reinforce its technology capabilities developing the future technology for power cable solutions.
https://www.nkt.com/news-press-releases/nkt-strengthens-r-d-with-acquisition-of-technology-consulting-unit-from-abb
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