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LS Cable to Build Submarine Cable Factory Worth Approximately USD 73 Million

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LS Cable & System will build a submarine cable factory in Donghae city, Gangwon Province of South Korea, on a floor area of ​​19,451 m2. On completion of the project by 2025, the HVDC cable production capacity of LS Cable will increase by about four times.  Jul 11, 2024 LS......
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Sumitomo Electric Acquires Südkabel to Deliver Major Cable Projects for Amprion

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Amprion has awarded two major projects worth more than EUR 3 billion to Sumitomo Electric. The 525 kV HVDC cable for these new projects, which is the most technologically advanced transmission cable in the industry, will be manufactured in Südkabel’s factory in Mannheim. Jun 6, 2024 Sumitomo Electric today announced......
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Prysmian Signs Contracts Worth EUR 5 Billion with Amprion

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The package deal with Amprion is the largest ever in value for Prysmian. The contracts, effective immediately, are now added to Prysmian’s order backlog and cover cable capacities for DC34 and offshore grid connection systems BALWIN1, and BALWIN2. Feb 15, 2023 Prysmian, the world leader in the energy and telecom......
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UK-Denmark Viking Link Reaches Completion – EUR 2 Billion Invested in 475-Mile Land & Subsea Cable Network

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The final section of the Viking Link Interconnector has been completed by Prysmian’s cable-laying vessel in Danish waters. The EUR 2 billion project will connect the UK and Denmark to share green electricity through a land and subsea cable network of 475 miles. The Jul 18, 2023 The final section......
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Nexans Bags Major EUR 1.43 Billion Contract for EuroAsia Interconnector

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Nexans has won a turnkey contract for the Greece-Cyprus section of the EuroAsia interconnector, which is worth EUR 1.43 billion. The 525kV HVDC cable will be the longest and deepest interconnector in the world with a bi-pole length of 2×900 km. Pole One is expected to be completed in 2028......
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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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Prysmian Group to Invest USD 1.1 billion to Support Energy Transition

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Prysmian is intending to put forth significant investments targeted at augmenting the production capacity of power transmission submarine cables as well as enhancing the technological equipment at its excellence centres. March 29, 2022 Prysmian Group has announced its plans of investing about EUR 1 billion (~USD 1.1 billion) by 2024.......
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Sumitomo Electric Secures 400 kV HVDC Submarine Cable Project Worth USD 200 Million

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This is the first of its kind submarine HVDC network in the Middle East (route length of approx. 140 km) using Sumitomo Electric’s state-of-the-art 400 kV DC Cross-Linked Polyethylene (XLPE) cable technology. February 10, 2022 Sumitomo Electric Industries, Ltd. has received limited notice to proceed (LNTP) from Samsung C&T Corporation......
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Jan De Nul wins its Biggest Cable Deal for USD 3.6 billion Middle Eastern project

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For the HVDC submarine cable project, the joint venture of Korea Electric Power Corporation (KEPCO), Electricité de France (EDF), and Kyushu Electric Power Japan has been awarded the project. The deal is valued at USD 3 billion. January 10, 2022 Jan De Nul and Samsung C&T consortium has secured a......
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