ABB and Siemens nail $1.7bn in German offshore-link deals

ABB and Siemens are reaping the bounty from Germany's offshore wind drive

ABB and Siemens are reaping the bounty from Germany's offshore wind drive

European engineering giants ABB and Siemens have won separate contracts to build high-voltage direct-current (HVDC) transmission lines for offshore wind farms in the German North Sea.

ABB secured a $1bn order from Dutch-German transmission system operator TenneT to design and install the 900MW Dolwin2 link, which will harness power from PNE Wind’s 400MW Gode Wind 2 and other as-yet undecided projects.

Separately, Siemens and Italian cable maker Prysmian won an order in the region of €600m ($710m) to build the 690MW Helwin2 link, which will accommodate the Amrumbank West project, part-owned by E.ON

Prysmian says its share of the deal is worth about €200m. Both the Dolwin2 and Helwin2 links are scheduled for completion in 2015.

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