NordLink is the Norway-Germany high voltage direct current (HVDC) interconnector, which will be 623km long.
The deal requires ABB to design, engineer, supply and commission two 525 kilovolt (kV) converter stations, one near Tonstad in southern Norway and the other near Wilster in northern Germany.
ABB will also design, manufacture and install a 525kV mass impregnated cable system in the German sector, which will include 154km of subsea and 54km of underground cable.
The deal also includes a five-year service agreement. The link will run between Tonstad in Norway and Schleswig-Holstein in Germany.
The link, which is expected to start operations in 2020, will transmit enough energy for about 3.6 million homes in Germany.
The project, which is being developed by Statnett, TenneT and German bank KfW, will connect the Norwegian and German electricity markets to exchange green energy.
Excess wind and solar power generated in Germany can be exported to Norway. Hydroelectric power from Norway will be exported to Germany.
ABB CEO Ulrich Spiesshofer said: "We are very pleased to be working with TenneT and Statnett on another landmark project that will support the integration of the European energy market.
"The smart combination of renewable power generation, e.g. solar and wind in Germany and hydro-electric in Norway, demonstrates that we can technologically enable a sustainable green energy policy across Europe."
Image: ABB will use its HVDC Light voltage sourced converter technology in converter stations of NordLink project. Photo: Courtesy of ABB.