Recently, JSZT Submarine Cable Technology Corporation, a leading Chinese submarine cable manufacturer, announced:
The company has received a letter of acceptance from Orsted Wind Power A/S in Denmark, confirming that JSZT submarine cable is a pre winning candidate for its Baltica2 offshore wind power project (Package B) high-voltage AC submarine optoelectronic composite cable and its supporting accessories.
The winning amount is equivalent to approximately RMB 1.209 billion (approximately 159 million euros).