Subsea cable deal in Iceland enables Chinese firm to widen its grasp over Europe’s energy market

China-based power cable system solutions provider Hengtong Submarine Power Cable, a wholly-owned subsidiary of Hengtong Optic-Electric, has secured a new submarine power cable project in Iceland.

Hengtong recently secured a 66 kV submarine cables project for Landsnet in Iceland to provide comprehensive services, covering the design, supply, installation, and testing of the three submarine cable circuits.

The assignment is scheduled for completion next summer, enabling the new lines to improve the area’s power transmission safety.

John Xu, Head of Hengtong Submarine Cable’s International Business Division, remarked: “The award of this project marks a significant step in Hengtong’s strategic expansion within the Nordic and broader European energy markets.

“We are eager to collaborate closely with Landsnet to enhance the security and efficiency of Iceland’s electricity transmission and grid infrastructure. “

Hentog has been busy with several projects around the world. While its subsidiary, Hengtong Cable Australia (HCA), won a deal to supply Ausgrid with 1 km of 11 kV, 3-core submarine cable, Jiangsu Hengtong Power Cable contributed to installing the first turbine of the 100,000-kW grid-connected wind power project in Tibet.

After delivering the cable system for the Windfloat Atlantic OWF project, Hengtong’s ten-year operation and maintenance assignment started, thus, the firm’s maintenance team carried out the fourth yearly route survey work in June for the project, which is said to continuously contribute to the renewable energy development in Portugal, help reduce carbon emissions, and combat climate change.

Hengtong, which invested in building the DP-2 wind turbine installation vessel (WTIV) named Hengtong Hai Yue in 2022 to keep pace with the development trend of large-capacity deep-water wind power, confirmed two months ago that the ship completed sea trials and was expected to be put into operation to start its first assignment in China.

“This platform satisfies the market’s growing demand to install large-capacity offshore wind turbines in the deep waters. We believe it will be a great support to further develop offshore wind power in China and overseas,” underlined the Chinese player at the time.