According to a report by the international market research company Technavio, the market share of marine batteries is expected to increase by more than 600 million dollars between 2022 Y 2026. The growth momentum of this market will accelerate with a CAGR of 18,19%.
News
ZMS is a professional wire and cable company. You will be able to know the latest news about our company and the cable and electricity sector.
Siemens Energy Wins Order to Connect to German Offshore Power Grid
Siemens Energy has won an order for the converter stations for the electrical grid of the Amprion Offshore wind farms in Germany. Includes two connections, DolWin4 y BorWin4, both located in the North Sea. The order has a three-digit value of millions of euros. This is the largest order the company has received to date for the offshore grid connection.
Prysmian Wins €250 Million Subsea Interconnection Project in Spain
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.
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..