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L&T Bags Major Transmission Orders in India & Overseas

wirecable
The company will establish two floating solar plants in India having cumulative capacity of over 150 MWac, in addition to a ground-mounted solar PV of 120 MWac capacity. May 10, 2024 The power transmission and distribution business of Larsen and Toubro has recently won ‘major’ orders in India and overseas.......
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Google to Boost Connectivity Between US & Japan through Subsea Cables

wirecable
Google will invest USD 1 billion to lay down subsea cables Proa and Taihei, which will improve digital connectivity between Japan, the Commonwealth of the Northern Mariana Islands (CNMI), Guam, Hawaii, and the U.S. Apr 17, 2024 Google will invest USD 1 billion to improve digital connectivity between the U.S.......
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Sterlite Power Won New Orders Worth INR 2,500 Crore in Q4 FY24

wirecable
The cumulative order wins of Sterlite Power in FY24 reached INR 7,000 crore, representing a 35 percent year-on-year (YoY) increase as compared to FY23.  April 30, 2024 Sterlite Power, a leading power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new......
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STL Unveils US-Made, ‘Build America, Buy America’ Compliant Fiber Optic Solutions

wirecable
Optical and digital solutions provider, STL, recently announced that their fiber optic cable products manufactured in the US are compliant with the ‘Build America, Buy America’ (BABA) provisions of the Infrastructure Investment and Jobs Act (IIJA).  Apr 24, 2024 STL, a leading optical and digital solutions company, recently announced that......
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Superior Essex Becomes Sole Owner of Essex Furukawa Magnet Wire Company

wirecable
Superior Essex successfully completes acquisition of Essex Furukawa Magnet Wire from Furukawa Electric Company Limited, plans to relaunch its magnet wire business under a new name, while continuing to operate all current facilities of the Essex Furukawa joint venture worldwide. May 1, 2024 Superior Essex, a global leader in the......
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LS Eco Energy to Supply HV Cables to Energinet in Denmark

wirecable
Under the deal worth USD 30.51 million, LS Eco Energy will supply high-voltage cables to Energinet, a Danish state-owned energy company, for three years. April 24, 2024 Korean power cable maker LS Eco Energy Limited has signed a high-voltage cable project deal worth USD 30.51 million with a public energy......
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Hellenic Cables Gets US Aid to Build New Cable Manufacturing Facility

wirecable
The facility, worth around USD 300 million, will be built at Baltimore in Maryland. It will manufacture underwater and underground cables for offshore wind and grid modernization applications. Apr 23, 2024 Hellenic Cables Americas, the U.S. subsidiary of Belgian Cenergy Holdings, has got a boost from the U.S. Department of......
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Nexans Signs Ground-Breaking Service Level Contract with Equinor

wirecable
The four-year agreement covers approximately 3,000 km of cable. It includes turnkey repair services for various cable systems by Nexans, while Equinor will manage and operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members.  May 6, 2024 Nexans, leader in the design and manufacturing......
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India Ranked Third Largest Primary Global Energy Consumer

wirecable
India aims to achieve 500 GW installed capacity from non-fossil fuel based capacity, such as hydro, nuclear, solar PV, wind and biomass, by 2030. Efforts are currently underway to increase thermal capacity to 28,460 MW, large hydro capacity to 12,663 MW and nuclear energy capacity to 8,700 MW. May 6,......
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DMB Acquires GIC Magnet; Eyeing Global Consolidation

wirecable
The acquisition will expand DMB’s market reach, enabling it to diversify its offerings and engage with a broader range of customers in the power and mobility sector, and projecting a revenue growth of USD 40.5 million. Apr 22, 2024 Ducab Metals Business (DMB) has acquired GIC Magnet, underlining its efforts......
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