Hitachi Energy has been selected to supply Marinus Link's high-voltage direct current system between Tasmania and Victoria.
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The link will use advanced converter technology for the first time in Australia.
Marinus Link chief executive Caroline Wykamp said the recruitment of Hitachi Energy to the project was another firm step in the project's execution.
"With our essential HVDC systems secured, Marinus Link is poised for delivery by the end of the decade," she said.
Niklas Persson, from Hitachi Energy, said the company was proud of its HVDC technology which would transmit large amounts of electricity with higher stability and lower electrical losses.
"Interconnectors like Marinus Link give customers access to affordable, on-demand renewable energy supply and increase storage capabilities," he said.
The Marinus Link cable will run 255 kilometres undersea from North-West Tasmania to Waratah Bay in Victoria.
It is said that the link, at full capacity, will deliver 1500-megawatts of electricity, which is enough to supply power to 1.5 million Australian homes.