In a resounding commitment to meeting the burgeoning demands of the renewables market, Prysmian Group has embarked on the construction of its cutting-edge cable-laying vessel, Monna Lisa. This impressive 171-meter ship, currently taking shape under the expert hands of the VARD Group in Romania, is destined to make waves as the sibling ship to the state-of-the-art Leonardo da Vinci. Prysmian’s decision to invest a significant €240 million (US$263 million) in…

Prysmian, the renowned cable manufacturer for energy transmission, has experienced a notable upswing in its stock performance despite a slight dip of 0.33% on the Piazza Affari. The company’s shares peaked at €35.45 per share, following an initial surge of over three percentage points. The catalyst behind this renewed investor interest is the recent announcement of a substantial contract in the United States, valued at approximately €900 million. Prysmian has…

£89 Million in Funding to Drive Cutting-Edge Electric Vehicle Technology, but More Infrastructure Investment Needed In a significant move towards bolstering its position as a global leader in zero-emission vehicle technology, the United Kingdom’s Department for Business and Trade has announced an £89 million funding package for 20 groundbreaking net-zero technology projects. This landmark investment represents a joint effort between the government and the automotive industry and is aimed at…

As the demand for high voltage cables continues to rise globally, it has emerged as a significant hub for high voltage cable manufacturing. This article explores the major manufacturers in this sector and highlights their contributions to the high voltage cable market. Major players in the high voltage cable market are Prysmian group, Dubai Cable Company Pvt. Ltd., NKT Cables, Nexans, Southwire Company LLC, Sumitomo Electric Industries Ltd., Siemens AG,…

Cable theft is a severe problem that can have dangerous consequences for both thieves and members of the public. Not only do these thefts present a risk to the thieves themselves, but they also pose a threat to innocent members of the public. In response to the spate of thefts, Sector Inspector Steven Philp has urged members of the community to report any suspicious activity or damaged electrical equipment to…

Equinor and BP’s joint venture, Empire Offshore Wind, has awarded a contract to DEME Offshore US for the transportation and installation of inter-array cables for the Empire Wind 1 and 2 offshore wind farms. The cables, which have a total length of over 350 km, will be used to help meet New York State’s ambitious clean energy and climate goals. DEME Offshore US will be responsible for transporting and installing…

Understanding the basics of electrical cable classification in the UK In the UK, electrical cables are classified based on their voltage rating and their intended use. The voltage rating of a cable indicates the maximum electrical potential difference that the cable can safely carry. Cables with a higher voltage rating can carry more electrical current without overheating or becoming damaged. There are several different voltage classifications for electrical cables in…