Prysmian and Marinus Link Finalize €600M Power Interconnector Contract

Credit: Prysmian

Prysmian and Marinus Link Pty have concluded a contract valued at approximately €600 million to establish a new power interconnector between Victoria and Tasmania, Australia. The initiation of the works is contingent upon the issuance of a notice to proceed, anticipated by August 2025.

This contract follows a capacity reservation agreement announced in September 2023. The project will feature cables spanning 345 kilometers undersea across the Bass Strait and 90 kilometers underground in Gippsland, Victoria, with completion expected by 2030.

The first stage of the Marinus Link will have a capacity of 750MW, facilitating the transmission of and telecommunications between the two states. This initiative aims to optimize the transfer of power from generation sites to demand centers, aiding Australia in its emissions reduction goals by potentially saving up to 70 million tonnes of CO2 equivalent by 2050, according to Prysmian.

Prysmian will design, test, supply, and install a HVDC cable system comprising 320kV single-core cables with XLPE insulation and single-wire armoring, covering both the submarine and land sections. Additionally, Prysmian will provide a fully integrated PRY-CAM permanent monitoring system.

The submarine cables will be manufactured at Prysmian's center of excellence in Arco Felice, , while the land cables will be produced in either Delft, the , or Gron, . Installation operations will be conducted using Prysmian's cable-laying vessel, the Leonardo da Vinci.

“This project strengthens our global leadership, as well as our position in Oceania's fast-growing renewables market. We are proud to support Australia in its goal to combine the benefits of renewable energy to deliver low-cost, reliable, and clean energy to customers,” said Hakan Ozmen, Prysmian executive vice president for transmission.

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