Employees of LS Cable & System are singing a contract through a video conference with the head office of Ørsted in Copenhagen, Denmark and its subsidiary in London, UK in LS Tower, Anyang, Gyeonggi-do.
LS Cable & System (President & CEO Roe-hyun Myung) announced on 24 that it has entered into a 5-year framework agreement with global offshore wind leader Ørsted for the opportunity to supply high voltage export cables for offshore wind farms.
LS C&S has previously supplied cables for the world’s largest offshore wind farm Hornsea One and Two in the UK and has been contracted to supply the subsea cables for the Greater Changhua 1 & 2a Offshore Wind Farms in Taiwan.
Roe-hyun Myung, President & CEO of LS C&S, said: “The trend of investing in renewable energy will continue, even under the current COVID_19-situation. We are delighted to continue this cooperation with the leading company in offshore wind energy.”
Matthias Bausenwein, President of Ørsted Asia-Pacific, said: “The offshore wind market is growing fast, particularly in Asia Pacific. Ørsted as the global market leader needs strong, reliable and competitive suppliers. Therefore, we are very happy to have further strengthened our partnership with LS C&S”