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NKT to Invest EUR 100 Million in MV Power Cable Business Across Europe

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The investment will add 20-110 kV production capacity & capabilities to NKT’s medium-voltage factories in Denmark, Sweden & Czech Republic, and also strengthen its position as a key partner to its customers in the green transition of societies. Apr 10, 2024 To support growing demand from customers for medium-voltage power......
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NAVANK Focusing European Markets, Targets to Become USD 30 Million Company by 2030

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NAVANK, an optical fibre cable and power cable raw materials consultancy company, envisions to become a USD 30 million company by 2030. Their main focus is to capture a significant market share across the European market through strategic expansion and market penetration efforts. In the last 5 years, NAVANK has......
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NKT Secures 2 Onshore Power Cable Projects by German TSO Amprion worth EUR 1.2 Billion

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NKT will provide high-voltage alternate current (AC) and direct current (DC) onshore power cable systems for the ongoing expansion of the German power grid. Mar 19, 2024 Leading cable and cable accessories supplier to the energy sector, NKT, has been awarded two onshore power cable projects by the German TSO......
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NKT Joins Hands with Hydro to Decarbonize Power Cable Supply Chain

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The collaboration will aid both companies’ journey towards net zero by aligning common decarbonization targets for both primary and recycled aluminum, along with increasing their role in reducing the carbon footprint of power cables. Mar 9, 2024 Leading cable and accessories supplier to the energy sector, NKT, has entered into......
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LAPP India Unveils Innovative All-Round Wires Multi-Standard – ÖLFLEX® WIRE MS

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LAPP India recently unveiled an all-encompassing single-core wire ÖLFLEX® WIRE MS signifying a leap forward in cable & wire technology. It brings forth cutting-edge solutions for power and control requirements. Jan 29, 2024 LAPP India, a leader in cable and connection technology, announces the launch of ÖLFLEX® WIRE MS, an......
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SIKORA’s Purity Scanner Advanced Completes 10 Years

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Purity Scanner, launched by SIKORA in 2013, has completed 10 years recently. The development of a system for the inspection and sorting of pellets was achieved in close cooperation with partners from the power cable industry. Dec 14, 2023 In 2013, SIKORA launched with the Purity Scanner a new type......
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Sumitomo Electric Industries to Set Up Power Cable Factory in Scotland

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Sumitomo Electric Industries Limited will set up a power cable factory in Port of Nigg, Scotland. The area was recently visited by His Majesty King Charles III of the UK, who wished the best to Mr. Masayoshi Matsumoto, Chairman and CEO, and the area. Sep 13, 2023 Sumitomo Electric Industries......
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Sumitomo Electric Industries’ Chairman Meets Scottish Government Officials to Discuss Power Cable Factory Establishment in Scotland

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Mr. Masayoshi Matsumoto, Chairman & CEO of Sumitomo Electric Industries Limited, met with Scottish Government’s officials – Mr. Humza Yousaf, First Minister, and Mr. Neil Gray, Cabinet Secretary for Wellbeing Economy, Fair Work and Energy, in reference to Sumitomo’s plans to establish power cable factory in Scotland.  Sep 13, 2023......
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NKT to Sign Power Cable Contract Worth EUR 120 Million for First Major Offshore Wind Farm in Poland

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NKT will be finalizing the power cable contract for the Baltic Power Offshore Wind Park project. The project is expected to have a capacity of up to 1.2 GW, and the order value is over EUR 120 million comprising the design and production of approximately 130 km of 230 kV......
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NKT Confirms 320 kV HVDC Export Power Cable System Order For East Anglia THREE Offshore Wind Farm

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NKT has been awarded the order for HVDC export power cable system for East Anglia THREE offshore wind farm, following the contract signed by them. The contract value is over EUR 250 million in market prices. NKT expects to deliver the project in 2025.  Jun 6, 2023 NKT has received......
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