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The European Investment Bank (EIB) has signed a EUR 300 million loan agreement with Norwegian transmission system operator (TSO) Statnett for the completion of the NordLink interconnector between Germany and Norway.
The European Investment Bank (EIB) has purchased EUR 100 million of TenneT's hybrid bond to support the construction of the NordLink interconnector between Germany and Norway.
The installation of the 1.4GW NordLink high voltage direct current (HVDC) subsea interconnector between Norway and Germany has started, Norway's Stattnet reports.
Willi Balz, CEO of Windreich AG welcomed the signing of the agreement between TenneT TSO, Stattnet and KfW on a submarine cable between Norway and Germany. He said that this is an important first step towards establishing a genuine European interconnection network. Thus, the integration of efficient base load generation from wind power in the […]