High-voltage direct current

Aker Solutions Awarded Major Offshore Wind Contract

Retrieved on: 
Monday, July 19, 2021

OSLO, Norway, July 19, 2021 /PRNewswire/ -- Aker Solutions, as part of a consortium, has signed a major1EPCI contract with an undisclosed customer to provide the HVDC (high-voltage, direct current) transmission system for a large offshore wind project.

Key Points: 
  • OSLO, Norway, July 19, 2021 /PRNewswire/ -- Aker Solutions, as part of a consortium, has signed a major1EPCI contract with an undisclosed customer to provide the HVDC (high-voltage, direct current) transmission system for a large offshore wind project.
  • For Aker Solutions, the scope will involve engineering, procurement, constructionand installation (EPCI) of an offshore HVDC converter platform.
  • In an offshore wind project, the role of an offshore HVDC platform is to collect the AC power generated by the wind turbine generators (WTGs) and convert it to DC before transmission through an export cable to the project's onshore converter station and grid connection system.
  • 1Aker Solutions defines a major contract as being NOK 3.0 billion and above.

Aker Solutions Awarded Major Offshore Wind Contract

Retrieved on: 
Monday, July 19, 2021

OSLO, Norway, July 19, 2021 /PRNewswire/ -- Aker Solutions, as part of a consortium, has signed a major1EPCI contract with an undisclosed customer to provide the HVDC (high-voltage, direct current) transmission system for a large offshore wind project.

Key Points: 
  • OSLO, Norway, July 19, 2021 /PRNewswire/ -- Aker Solutions, as part of a consortium, has signed a major1EPCI contract with an undisclosed customer to provide the HVDC (high-voltage, direct current) transmission system for a large offshore wind project.
  • For Aker Solutions, the scope will involve engineering, procurement, constructionand installation (EPCI) of an offshore HVDC converter platform.
  • In an offshore wind project, the role of an offshore HVDC platform is to collect the AC power generated by the wind turbine generators (WTGs) and convert it to DC before transmission through an export cable to the project's onshore converter station and grid connection system.
  • 1Aker Solutions defines a major contract as being NOK 3.0 billion and above.

Prysmian Group Awarded $900M SOO Green HVDC Link Project, a Key Milestone in Building a US Clean Energy Grid

Retrieved on: 
Monday, June 21, 2021

The 2,100-megawatt interregional project, considered the first link in a national clean energy grid, will connect two of the largest energy markets in the US.

Key Points: 
  • The 2,100-megawatt interregional project, considered the first link in a national clean energy grid, will connect two of the largest energy markets in the US.
  • With a value of approximately $900 million, Prysmian Groupwill provide state-of-the-art 525 kV class HVDC cable to reliably and efficiently transmit enough renewable energy to power more than 1.2 million homes.
  • To further support this ambition, we will upgrade the Abbeville plant and create new domestic clean energy manufacturing jobs," commented Valerio Battista, Prysmian Group CEO.
  • About SOO Green HVDC Link, LLC: Owned by investment funds managed byCopenhagen Infrastructure Partners, Siemens Energy, and Jingoli Power,the SOO Green HVDC Link, LLC is being developed by Minneapolis-based Direct Connect Development Company, LLC.For more information about the SOO Green HVDC Link, please visit www.soogreenrr.com .

Launch of HIP Atlantic Project and World-Leading Power Cable Plant in Northeast England

Retrieved on: 
Friday, May 21, 2021

b'CHICAGO and LONDON, May 21, 2021 /PRNewswire/ --Hecate Independent Power Limited ("HIP") announces the launch of its HIP Atlantic Project for installing 10,000 MW of fixed and floating wind turbines in the North Atlantic connected to the United Kingdom by long-length, high-capacity, high-voltage direct current (HVDC) submarine power transmission cables.

Key Points: 
  • b'CHICAGO and LONDON, May 21, 2021 /PRNewswire/ --Hecate Independent Power Limited ("HIP") announces the launch of its HIP Atlantic Project for installing 10,000 MW of fixed and floating wind turbines in the North Atlantic connected to the United Kingdom by long-length, high-capacity, high-voltage direct current (HVDC) submarine power transmission cables.
  • These cables are to be manufactured in the United Kingdom at a 200 million (US $277 million) bespoke power cable plant to be built at a port in the northeast of England.
  • Each wind farm or pod - will be in a different North Atlantic location, and each pod consisting of 1,000 MW of wind turbines will have its own dedicated cable linked to the United Kingdom.
  • These will be the largest dedicated power cable vessels in operation in the world today that will be largely operated by British crews.\n'

Global HVDC PP Film Capacitor Market Report 2020: Trends, Forecast and Competitive Analysis 2014-2025 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 4, 2021

b'The "HVDC PP Film Capacitor Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com\'s offering.\nThe future of PP film capacitors in the global HVDC market looks promising with opportunities in the high voltage power transmission industry.\nThe use of PP film capacitors in the global HVDC market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic.

Key Points: 
  • b'The "HVDC PP Film Capacitor Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com\'s offering.\nThe future of PP film capacitors in the global HVDC market looks promising with opportunities in the high voltage power transmission industry.\nThe use of PP film capacitors in the global HVDC market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic.
  • What are the drivers and challenges of PP film capacitors in the global HVDC market?\nWhat are the business risks and threats to PP film capacitors in the global HVDC market?\nWhat are the emerging trends in PP film capacitors for the global HVDC market and the reasons behind them?\nWhat are some changing demands of customers of PP film capacitors in the global HVDC market?\nWhat are the new developments in PP film capacitors for the global HVDC market?
  • Which companies are leading these developments?\nWho are the major PP film capacitor players in the global HVDC market?
  • What strategic initiatives are being implemented by key players for business growth?\nWhat are some of the competitive products and processes for PP film capacitors in the global HVDC market, and how big of a threat do they pose for loss of market share via material or product substitution?\nWhat M&A activities did take place in the last five years in the global HVDC market in terms of PP film capacitor use?\n'

Completion of Chubu Electric Power Grid Hida Converter Station Equipped with Hitachi's Frequency Converters

Retrieved on: 
Thursday, April 1, 2021

TOKYO, Apr 1, 2021 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) announced that the operations of the Hida-Shinano frequency conversion facility have commenced, enabling the Shin-Shinano Substation of TEPCO Power Grid, Inc. (TEPCO) to be connected to the Hida Converter Station of Chubu Electric Power Grid Co., Inc. (Chubu Electric Power), to which Hitachi delivered a line commutate converter high-voltage direct current (HVDC) system.

Key Points: 
  • TOKYO, Apr 1, 2021 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) announced that the operations of the Hida-Shinano frequency conversion facility have commenced, enabling the Shin-Shinano Substation of TEPCO Power Grid, Inc. (TEPCO) to be connected to the Hida Converter Station of Chubu Electric Power Grid Co., Inc. (Chubu Electric Power), to which Hitachi delivered a line commutate converter high-voltage direct current (HVDC) system.
  • In this project, Hitachi received an order for a frequency converter to be installed at Chubu Electric Power's Hida Converter Station that included installation and testing.
  • The equipment delivered to the Hida Converter Station is the first HVDC equipment in Japan to establish an aerial interconnection between grids with different frequencies.
  • In 2019, it received an order for a voltage-sourced HVDC-based frequency converter for Chubu Electric Power's Higashishimizu Substation of which is now under construction.

HVDC Cables Market Revenue Worth $4 Billion by 2027, Says Global Market Insights Inc.

Retrieved on: 
Monday, March 22, 2021

Overhead HVDC cables industry is set to grow on account of a rising development of industries across the emerging countries favored by large-scale upgrading of power infrastructure.

Key Points: 
  • Overhead HVDC cables industry is set to grow on account of a rising development of industries across the emerging countries favored by large-scale upgrading of power infrastructure.
  • Some prime findings of the HVDC cables market report include:
    Favorable government mandates and norms for replacement of existing T&D infrastructure.
  • Leading players operating across the HVDC cables market include NKT, Taihan Electric Wire, Prysmian Group, General Electric, Nexans and Mitsubishi Electric Corporation.
  • Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making.

Frequency Converter Market Size to Reach Revenues of over USD 25 Billion by 2026 - Arizton

Retrieved on: 
Wednesday, March 17, 2021

The global frequency converter market is expected to grow at a CAGR of approximately 5% during the period 20202021.

Key Points: 
  • The global frequency converter market is expected to grow at a CAGR of approximately 5% during the period 20202021.
  • The market is highly fragmented with various vendors that operate and sell frequency converters across the globe.
  • Direct sales of frequency converters are expected to reach over $22 billion by 2026.
  • OEMs and system integrators are key contributors to the overall value chain of the frequency converter market.

Frequency Converter Market Size to Reach Revenues of over USD 25 Billion by 2026 - Arizton

Retrieved on: 
Wednesday, March 17, 2021

The global frequency converter market is expected to grow at a CAGR of approximately 5% during the period 20202021.

Key Points: 
  • The global frequency converter market is expected to grow at a CAGR of approximately 5% during the period 20202021.
  • The market is highly fragmented with various vendors that operate and sell frequency converters across the globe.
  • Direct sales of frequency converters are expected to reach over $22 billion by 2026.
  • OEMs and system integrators are key contributors to the overall value chain of the frequency converter market.

Global High Voltage Transmission Line Projects: 2020 Report & Database of 1,873 Tracked Projects Across 102 Countries and 6 Regions - ResearchAndMarkets.com

Retrieved on: 
Monday, March 15, 2021

The "Global High Voltage Transmission Line Projects Database, 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global High Voltage Transmission Line Projects Database, 2020" report has been added to ResearchAndMarkets.com's offering.
  • In this report, the publisher tracked 1,873 high-voltage transmission line projects across 102 countries and from six regions - North America, Latin America, Asia, Europe, Africa and the Middle East.
  • The report only tracks transmission projects of 220 kV and above voltage levels and with more than 25 km of line length.
  • The projects included in this report are new build projects and includes some major restoration/revamp/upgrade projects.