GE Vernova and Seatrium Secure Third TenneT Contract for Dutch HVDC System

and have been awarded a third contract by for the construction of a 2GW high voltage direct current (HVDC) transmission system in the , slated to begin in June 2024 and expected to be commissioned by 2031.

This contract for the Nederwiek 2 project is part of a five-year Framework Cooperation Agreement between the GE Vernova-Seatrium consortium and TenneT, first announced in March 2023. The agreement covers three projects, each valued at approximately €2 billion: IJmuiden Ver Beta, IJmuiden Ver Gamma, and Nederwiek 2.

The HVDC system will support TenneT's sustainability goal of connecting 40GW of offshore wind in the German and Dutch and will serve the 2GW Nederwiek 2 offshore wind farm, located about 95 kilometers off the coast of the Netherlands.

“With the successful call-off of Nederwiek 2 from the Framework Cooperation Agreement with our partners GE Vernova and Seatrium, we are now starting into the delivery of the third project with this consortium,” said Johannes Kammer, TenneT's associate director of large projects offshore. “We are pleased with the progress we made already in the first two projects with these partners. Now we experience the benefits of using the works from the initial two projects on the next one as we design one and build it many times.”

GE Vernova's Grid Solutions, leading the consortium, will handle the engineering, procurement, construction, installation, and commissioning of the HVDC converter stations. Seatrium's responsibilities will include the engineering, procurement, construction, transportation, installation, and commissioning of the 2GW HVDC Offshore Converter Platform.

“TenneT is playing a crucial role in the energy transition, and we are honored to support their efforts with our advanced HVDC system,” said Johan Bindele, head of grid systems integration at GE Vernova's Grid Solutions business. “GE Vernova is dedicated to decarbonizing and electrifying the world, and the TenneT projects exemplify our commitment to advancing renewable energy infrastructure.”

Seatrium's executive vice president of fixed platforms, Samuel Wong, added, “We are pleased to partner with TenneT and GE Vernova to deliver this transformative offshore wind solution. This project underscores our commitment to helping our customers achieve their renewable energy goals by providing innovative and cost-effective solutions that help accelerate the energy transition. With valuable experience from working on the first two platforms, we are confident of delivering a high-quality end product to our customer, as well as achieving greater synergies through project repeatability in our series-build strategy with the One Seatrium Global Delivery Model.”

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