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Torrent Power Bags 1,500 MW Inter-State Transmission Scheme Project to Evacuate Renewables in Maharashtra

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Torrent Power received LoI from PFC Consulting to lay a transmission line of approximately 44 km in Solapur, Maharashtra, connecting the existing substation of Power Grid Corporation of India with a new substation to be established by Torrent Power. Mar 18, 2024 Gujarat-based power company Torrent Power has revealed that......
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KKR to Invest USD 400 million in Serentica Renewables

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A newly formed decarbonisation platform under Vedanta Group, Serentica Renewables seeks to enable energy transition by providing renewable energy solutions for energy-intensive industries. KKR will infuse USD 400 million. November 8, 2022 Kohlberg Kravis Roberts & Co. (KKR) will join hands with Serentica Renewables and invest USD 400 million in......
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European Investment Bank to Support TenneT’s Expansion in Bavaria

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The Ostbayernring transmission route would be significant in terms of generating electricity from renewable sources like wind power and photovoltaics. The association between EIB and Tennet is quite longstanding. October 20, 2022 The European Investment Bank (EIB) will grant a EUR 450 million senior loan to electricity transmission system operator......
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Maillefer: An Intuitive Approach to Creating Manufacturing Systems

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Finland-based Maillefer Extrusion Oy is a developer of production technologies for segments including – wire, cable, pipe, and tube. With the widest services portfolio in the industry, Maillefer also holds 22 patent families – the highest in the industry. The specialities of the company are extrusion technology, production process know-how,......
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Fugro Wins Survey Contract for One of the Biggest Wind Farm Projects in Mediterranean Sea

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Renexia accords Fugro a survey contract for the Med Wind Floating Wind Farm, in the Strait of Sicily. After gaining the essential Geo-data from the site, the analysis results will enable to achieve geohazard risk alleviation and identify a safe route for installing the export cables. September 3, 2022 Renexia,......
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LS Cable & System to Invest USD 26.9 million in its Tarboro Facility in North Carolina, USA

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The planned expansion of the Tarboro facility of LS Cable & System is to take place in the next three years. May 14, 2022 LS Cable & System U.S.A. Inc., the subsidiary of South Korea-headquartered firm, will invest USD 26.9 million in its Tarboro plant in Edgecombe County, North Carolina,......
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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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Grid Strategies Publishes Report on Advanced Conductors on Existing Transmission Corridors

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The report by Grid Strategies describes that while building new transmission lines is necessary, substantially increasing the capacity of the grid is also important. Reconductoring with ACCC® Conductor by CTC Global proves to be a time-saving and cost-effective solution. March 24, 2022 In January, the U.S. DOE (Department of Energy)......
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Sustainable future and Decarbonisation: Prysmian Contribution on India Strategy and COP26 Goals

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Mr. Benoit Lecuyer, CEO, Prysmian India, enlightens us about the energy transition from the non-renewable to renewable, the importance of high-quality cables to meet the growing demand for renewable power generation, and the contribution of Prysmian India in this regard. Strong measures are needed to limit the carbon emissions responsible......
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Chile Wants to Export Solar Energy to Asia via 15,000km Submarine Cable

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The Antípodas project is chiefly aimed at capitalising on the huge solar potential of the Atacama Desert. The electricity produced by between 200 and 600 GW of photovoltaic generation capacity may transmit power to Asian countries. November 19, 2021 Chile is going to build a submarine cable to outsource photovoltaic......
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