News

NKT to Build World’s Largest High-Voltage Offshore Cable Production Site in Sweden

wirecableDecember 12, 2023December 12, 2023

December 12, 2023December 12, 2023

In light of the EU’s aim to be climate neutral by 2050, which requires a 25-fold increase in offshore wind capacity by 2050, NKT is coming up with the world’s largest high-voltage offshore cable production site in Sweden, the second highest tower in Sweden, where cables could be produced for......

News

NKT to sign JV with Walsin Lihwa to set up first offshore cable factory in Taiwan

wirecableMarch 1, 2023March 1, 2023

March 1, 2023March 1, 2023

Industrial holding company NKT will be signing a joint venture for the construction of Taiwan’s first subsea power cable factory with Walsin Lihwa, a leading industrial conglomerate in Taiwan. The factory will be focused on production of high and medium-voltage AC offshore power cables for the Taiwanese offshore wind market,......

ElSewedy of Egypt to Delay Building Cable Factory in Libya

wirecableApril 18, 2011April 30, 2011

April 18, 2011April 30, 2011

ElSewedy Electric will delay investing $65 million to build a plant in Libya after unrest in the North African country. The company is said to be at very preliminary stages with minor investments made and they were in the process of getting a piece of land for the project. The......