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LS business reports 2 recent contracts for cable that will be sent to Denmark

LS Eco Energy (CEO Lee Sang-ho) announced two separate contracts that will see it provide cable to Denmark.

A press release said that one is for the company to supply high-voltage cables to Denmark for a North Sea wind farm project. The order, worth approximately $13 million, is for 220 kV underground cables for use in the 1 GW Thor offshore wind farm, which was described as Denmark’s largest. It will be built 22 km from a North Sea port and is scheduled to be completed in 2027.

The second order was from Energinet, for extra-high voltage cables valued at approximately $30.5 million. Energinet is the Danish national transmission system operator for electricity and natural gas. It operates the 400 kV electricity transmission grid and the gas transmission grid.The company owns and operates also 132 kV and 150 kV power grids (Regionale Net) and the HVDC Great Belt Power Link.

LS Eco Energy, which started exporting cables to Denmark in 2017, has established itself as a leading supplier to the Danish high-voltage cable market along with LS Cable & System. LS Eco Energy was established by LS Cable & System in 1996 for the purpose of entering the domestic market in Vietnam. It has now established itself as a major export company of Vietnam, with exports to Europe and North America accounting for 30% of sales.

 “Demand for electric wires is rapidly increasing worldwide due to the construction of offshore wind farms, replacement of old power grids, and construction of data centers,” said LS Eco Energy CEO Lee Sang-ho

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