General – EuroAsia Interconnector
In a historic first, Nexans has been awarded the major turnkey contract valued at €1.43 billion for the section of the EuroAsia Interconnector that connects Greece and Cyprus.
As a critical part of a broader project to connect the grids of Greece, Israel, and Cyprus, the 525kV high voltage direct current (HVDC) cable will be the longest and deepest interconnector in the world with a bi-pole length of 2×900 km, and will run across the Mediterranean Sea floor at depths of over 3,000 meters.
Subsea HVDC Mass Impregnated cables will be manufactured in Nexans’ facilities in Halden (Norway) and Futtsu (Japan), and will be installed by the state-of-the-art cable laying vessels Nexans Aurora and Nexans Skagerrak.
The EuroAsia Interconnector will exchange up to 1,000 MW among the three nations with the capability of increasing to 2,000 MW, the equivalent to 3 million households’ average electricity consumption, and will end the energy isolation of Cyprus by creating an energy highway between Europe and Asia, it will be the largest interconnector project in history, supplying over 3 million homes with electricity. Pole One is expected to be completed in 2028 and Pole Two in 2029.