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To meet the increasing demand for high-voltage power cables, NKT is currently investing approximately EUR 1.3bn in a new cable-laying vessel and establishing the world’s largest factory for high-voltage subsea cables in Karlskrona, Sweden.
Go to pageNKT has received a turnkey cable system order for the electrification of the North of Alvheim (NOA) and Krafla offshore fields in the NOAKA area in the North Sea
Go to pageNKT has been awarded three turnkey high-voltage power cable projects for the IJmuiden Ver and Nederwiek Offshore Wind Zones in the Netherlands. The projects have a combined order value of approx. EUR 2bn (approx. EUR 1.9bn in std. metal prices) making the award a new company record for NKT as the largest combination of orders ever received.
Go to pageThe global energy transition is not only a technological challenge, but also a human one. As power systems become more complex and interconnected, the demand for skilled professionals who can safely and efficiently install and maintain high-voltage (HV) and medium-voltage (MV) cable systems is growing rapidly. Without a well-trained workforce, even the most advanced infrastructure risks falling short of its potential.
Go to pageNKT will soon sign the order for a 230 kV AC high-voltage export power cable system for the Polish project Baltic Power Offshore Wind Park with a capacity of up to 1.2 GW.
Go to pageNKT is ready to expand its current production facilities in Alingsås, Sweden. Today the site hosts the ground breaking ceremony for the premises that will enable NKT to meet the future demand from the market for power cable accessories.
Go to pageTransition to renewable energy is essential to mitigate the global impact of climate change and COP27 is an important opportunity to advance the green transition and help speed up its implementation.
Go to pageNKT has announced plans to build a new factory including a third extrusion tower in Karlskrona, Sweden, and a new market-leading power cable vessel. The investments are driven by a increasing demand for high-voltage power cables, strong order intake and a record order backlog of more than EUR 7bn at the end of Q1 2023.
Go to pageTo support the move away from natural gas a photovoltaic system has been installed on the roof on the office building in Cologne, Germany.
Go to pageNKT takes temporary overvoltage (TOV) test from a theoretical hypothesis to proof-of-concept inhouse and successfully completes its first test sequence – an important technical milestone that increases reliability of cable systems needed for the green transition.
Go to pageAs COP28 kicks off, the future development of the global power grids needs to be addressed as a key priority. An interconnected power grid, also across borders and continents, is essential to the transition to renewable energy.
Go to pageNKT is launching its new corporate strategy, Charging Forward, and announces medium-term financial ambitions for 2030. At the same time, NKT changes its organisational structure to ensure execution on the company’s strategic priorities.
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