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Prysmian Invests EUR 200 Million to Expand Submarine Cable Production Capacity in Finland

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The new line at Prysmian’s Pikkala plant in Finland can produce around 360 km of high voltage direct current (HVDC) 525 kV submarine cables in a year. May 27, 2025 Prysmian has strengthened its transmission business with the completion of capacity expansion at its plant in Pikkala, Finland, entailing an......
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NKT’s Karlskrona Factory Becomes EU’s First Net-Zero Strategic Project

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NKT is building high-voltage power cables in Karlskrona, Sweden. This factory is now recognised as the first European net-zero strategic project under the EU Net-Zero Industry Act.  Apr 03, 2025 NKT announced in Dec 2024 that it is building high-voltage power cables in Karlskrona, Sweden. The EU has now recognised......
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Cables Ordered for World’s First Artificial Energy Island in Belgium

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Belgian electricity transmission system operator Elia Transmission Belgium recently awarded contracts worth EUR 1.452 billion for the high-voltage alternating current (HVAC) parts to be used at Princess Elisabeth Island, the world’s first artificial energy island, which will combine both direct current (HVDC) and alternating current (HVAC) international electricity transmission.  Jun......
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Taihan, Hanwha Join Hands To Bolster Future Growth

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The two companies will focus on exploring new opportunities, developing crucial materials used in different types of cables, bolstering their cooperation in the eco-friendly energy sector, and fostering tight-knit business and information exchanges. Jul 11, 2024 Taihan and Hanwha Solutions have entered into an MoU for the joint advancement of......
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Power Grid Inks MoU with RRVPNL to Develop Intra-State Transmission Projects in Rajasthan Worth INR 10,000 Crore

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Power Grid to incorporate a joint venture company with Rajasthan Rajya Vidyut Prasaran Nigam Limited for the development of an intra state transmission system in Rajasthan. Mar 18, 2024 The Power Grid Corporation of India has executed a Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL)......
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Sumitomo Electric Completes Long-Term Test for 525kV Cross-Linked Polyethylene Submarine Cable

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In view of the rising demand for renewable energy sources, HVDC cable technology is becoming increasingly preferred because it is suitable for long-distance power transmissions. Sumitomo 525 kV DC XLPE submarine cable system can supply the highest voltage for XLPE cables. September 30, 2022 Sumitomo Electric Industries, Ltd. has completed......
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Prysmian Group Attains Crucial Milestone in Energy Transition

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With the new 525 kV submarine cable system, Prysmian Group will be able to support the forthcoming tenders for submarine interconnectors aimed at granting efficiency, flexibility, and reliability of power grids. September 5, 2022 Prysmian Group has added yet another feather in its cap in the power transmission segment, particularly......
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Prysmian signs USD 701.77 Million Agreement in Germany

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Prysmian has already completed and supplied the first 20 km of the 550 km of cables for the 270 km route of the V5 part of the SuedOstLink earlier this year. July 15, 2022 Italy-headquartered Prysmian Group has won a major supply agreement with Germany-based grid operator TenneT TSO GmbH.......
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