Nexans and Hydro sign five-year supply agreement for 85,000 tonnes of low-carbon aluminium to support Europe’s grid modernisation
Type: Supply Agreement · Technology: Transmission · Country: Norway · Capacity: 85000 tonnes · Announced: 2026-07-06
Nexans, a global leader in sustainable electrification, and Hydro, a leading aluminium and renewable energy company, signed a five-year supply agreement on July 6, 2026, for approximately 85,000 tonnes of low-carbon aluminium wire rod. The aluminium will be used in Nexans’ European operations to produce power cable solutions for medium-voltage power grids, overhead transmission lines, and subsea high-voltage infrastructure projects. Hydro will supply its low-carbon aluminium product, Hydro REDUXA, which has a verified carbon footprint below 4.0 kg CO₂ per kg aluminium—less than one-third of the global average. The agreement supports Europe’s accelerating energy transition by providing long-term security of supply for critical grid infrastructure amid rising demand for aluminium driven by renewable energy expansion and grid reinforcement. Nexans emphasized that the partnership strengthens its supply chain resilience while aligning with its Net-Zero emissions target by 2050. Hydro’s expansion of aluminium wire rod capacity at its Karmøy smelter in Norway further underpins the deal’s strategic significance for Europe’s electricity infrastructure.