wiredinUSA April 2013

Dolwin3 project

Leoni harnesses Ssangyong

Alstom Grid, on behalf of the Dutch-German grid operator TenneT, has awardedPrysmianGroupamajor contract for the connection project DolWin3. The project involves supply, installation and commissioning of high-voltage direct current (HVDC) 320kV extruded submarine and land power cable connections with a rating of 900MW and an associated fiber optic cable system, comprising a 78km land route and 83km subsea route. The connection will link the offshore converter platform DolWin Gamma in the DolWin cluster zone, located approximately 85km offshore in the North Sea, to the mainland with the purpose of transmitting power from renewable sources into the German Grid. Cables will be installed through environmentally significant areas both on land and at sea, including along the Ems estuary, and is the first DC grid connection project to follow this route. The HVDC system installation will be completed by December 2016.

Leoni’s Korean branch, headquartered in Busan, has received an order from Ssangyong Motor Company to deliver cable harnesses. The company will develop, produce and deliver several types of cable harnesses for a new, compact SUV due to enter the market in 2015. Ssangyong plans to produce it in Korea for the local market as well as for export. Leoni’s South Korean entity was formed from the former local wiring harness manufacturer Daekyeung, which was acquired at the beginning of 2012. Due to high integration and start-up costs, restructuring expenses and a weak operating performance, the earning contribution was negative in the last year, and the management expects a neutral result in 2013. “The new order from Ssangyong will contribute to the positive development of the business in the mid-term,” said Dr Andreas Brand, member of Leoni AG’s management board in charge of the wiring systems division.

wiredInUSA - April 2013

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