The order was awarded by Norway’s state-owned network operator Statnett and the UK’s National Grid.
ABB will provide high-voltage direct current (HVDC) converter stations at both terminals of NSN Link in Norway and the UK, for supporting transmission of renewable electricity.
ABB CEO Ulrich Spiesshofer said: "We are very pleased to be working with Statnett and National Grid to support the integration of the European energy market.
"HVDC is a core technology pioneered by ABB and a key business focus in our Next Level strategy. This success also underlines that our Power Systems division is making solid progress on its return to profitable and sustainable growth."
Set to be commercially operational in 2012, the NSN link will have the capacity for transmitting 1,400MW of power through the waters stretching over 730km, marking the globe’s longest subsea power interconnection.
When power generation through wind is high but electricity demand is low in the UK, Norway will avail the power resulting in conservation of water in its reservoirs. In the same way, power from hydroelectric units in Norway will be obtained by the UK when the latter witnesses demand too high to be fulfilled with wind energy.
ABB Power Systems division president Claudio Facchin said: "HVDC is a proven solution for the integration of renewables and the reliable and efficient long distance transmission of power, often subsea or underground.
"This project is the 18th HVDC cross-border interconnection to be executed by ABB in Europe and we are pleased to play our part in enabling a more integrated European energy network."
ABB recently bagged the NordLink project that involves a 1,400MW interconnection between Norway and Germany.
