Siemens Energy, together with its consortium partner Sumitomo Electric, have signed a contract with Greenlink Interconnector Limited. Siemens Energy will deliver the high-voltage direct current (HVDC) converter technology for the 190km electricity interconnector Greenlink. The 500- megawatt HVDC link will connect the power grids of Ireland and Great Britain. As the power can flow in either direction, depending on supply and demand in each country, it allows both countries to benefit from increased grid stability, security of power supply and cost-effective growth and integration of low carbon energy. Work will begin at the start of 2022 following financial close.
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50 percent of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.