The Italian electrical cable manufacturer Prysmian has won two contracts worth about 250 million euros of the operator Red Eléctrica de España, S.A.U. It is expected to provide cable installation solutions and services for two submarine interconnection projects for territories outside mainland Spain.
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The German Government Plans to Allocate €50 Billion for the Expansion of the Fiber Optic Network and 5G
Recently, The German government has announced a new strategy. It plans to double the number of connections to the network between now and 2030. You want to ensure that all homes and businesses in urban and rural areas have access to fiber to the home (FTTH) and 5G services.
Southern Cross Cables Launches Subsea Network of 400 World's Longest GbE
Southern Cross Cables has announced the launch of its NEXT cable. As stated, the is the world's first single-span 400GbE service over the submarine network. This service is tested on a network of 15.840 km between Sydney, Auckland and Los Angeles.
In 2021 Offshore Wind Power Increases in 21 GW Around the World
The World Wind Energy Council (WEC) publishes the World Report on Offshore Wind Energy 2022. This report shows that in 2021 They installed 21,1 GW of new capacity offshore wind all over the world. It represents a double year-on-year increase and the largest increase in history.
Prysmian Wins €700 Million Order for High Voltage DC Underground Cables in Germany
Italian power and telecommunications cable system manufacturer Prysmian Group has extended a major supply contract with German network operator TenneT TSO GmbH for underground electricity transmission cables in Germany.
Global Subsea Power Cable Market Set to Grow at CAGR of 12,5% until 2027
According to a comprehensive investigative report from Market Research Future (MRFR) on the analysis of the market for electrical submarine cables, submarine cables are expected to reach a valuation of 19.071,3 million dollars in 2027. The market is expected to grow at a CAGR of 12,5% during the forecast period until 2027.
World Bank Confirms Israel Fiber Optic Deployment
Israel is doing a good job of expanding its high-speed fiber optic Internet network., According to an international study world Bank.
The study investigates the impact of advanced communications technology on the economy, the job, households and businesses.
Egypt-Israel-Greece Power Transmission Project in the Russian-Ukrainian Conflict
Plans for a new electrical transmission project to bring electricity from Egypt and Israel to Greece are gaining momentum.. This comes at a time when Europe is seeking to reduce its dependence on Russian energy..
Where is the Wire and Cable Industry Headed in the Post-Covid Era??
Electricity is the basic guarantee for the normal functioning of modern economies and societies. The level of development of the wire and cable industry is also a sign of the manufacturing level of a country..
Nexans Will Install Superconducting Cables at Montparnasse Station in France
The French pure electrification company Nexans has won a project under the program “Future Investments” of the French public investment bank Bpifrance.
It will work with the French state railway company SNCF Network to install superconducting cables at Montparnasse station. It will be the first superconducting cable in France and the first in the world to be integrated into the rail supply network.