Prysmian to Open Submarine Cable Plant in the US
Prysmian Group said it is moving ahead with its project for a new submarine power cable plant in the U.S., announcing the signing of the contract for the purchase by Prysmian of the site identified in Brayton Point (Massachusetts). The final acquisition of the site is subject to securing state permits for the construction of the new plant. if approved, the total investment to build the new plant will amount to around $200 million.Finalization of the plans for the U.S.
Prysmian's Inter-array Cables for Saint-Brieuc Offshore Wind Farm
Italian marine cable installation company Prysmian has won an €80 million contract to provide the submarine inter-array cable systems for the Saint-Brieuc offshore wind farm in France.Under the contract awarded by the wind farm developer Ailes Marines - fully owned by Spain's Iberdrola - Prysmian will be responsible for the design, supply, installation, and commissioning of 90 km of three core 66 kV HVAC XLPE-insulated inter-array cables. Cable…
Prysmian's Cables for Hollandse Kust Zuid III and IV Offshore Wind Farm
Prysmian Group, Italian marine cable installation company Prysmian, has finalized a contract for a project awarded by offshore wind farm developer Vattenfall.The contract is for the provision of the subsea inter-array cable systems for the Hollandse Kust Zuid III and IV offshore wind farm in The Netherlands, following Vattenfall’s successful bid for the permit to develop these non-subsidized wind farms. The award was already announced on July 29, 2019 and the notice to proceed is expected later this year, Prysmian said.
Italian Marine Cable Laying Firm to Cut Dividend
Italian marine cable installation company Prysmian plans to cut the dividend by 50 percent, citing the effect of the coronavirus pandemic and its effects on the global economy.Citing the spread of the pandemic and its potential duration, and given the uncertainty surrounding the terms and geographical extent of the restrictions to production and logistics around the world, as well as the slowdown that it could cause on the demand and the economic cycle…
Prysmian Wins Equinor's Empire Wind Gig
Norwegian energy company Equinor has contracted Italian cable manufacturer Prysmian to supply the submarine inter-array cable system for the 816-MW Empire Wind project off the coast of New York.Prysmian will provide the 66kV insulated array cables and ancillaries that will transmit power from the wind turbines which will have a capacity in the range of 10-15MW.The cable system will undergo continuous fabrication at Prysmian’s centres of excellence…
EDF Begins Construction on 450 MW OWF
French utility EDF Group announced that its subsidiary EDF Renewables has launched the construction of the Scottish Neart na Gaoithe (NnG) offshore wind farm project along with the new partners, the Irish electricity company Electricity Supply Board (ESB), which is taking a 50% stake in the project.The 450MW Neart na Gaoithe will consist of 54 turbines and will be located in the North Sea approximately 15 kilometers off the coast of Fife in south-east Scotland.When fully operational…
Prysmian Wraps Up DolWin3 Gig
Prysmian Group, the major player in energy and telecom cable systems industry, has has announced that it commissioned the 900MW DolWin3 high voltage direct current (HVDC) offshore grid link in the German North Sea.Prysmian had secured this project in February 2013, with a contract awarded by Alstom Grid (now GE Grid GmbH) on behalf of the Dutch-German grid operator TenneT.DolWin3, the third offshore grid connection in the DolWin cluster, links the offshore converter platform DolWin Gamma…
Netherlands-Denmark HVDC Test Successful
Cable supplier Prysmian completes final high-voltage direct current (HVDC) test for 700MW submarine interconnector CobraCable line between Denmark and the Netherlands.The announcement takes place during the COBRAcable link’s official inauguration event, simultaneously held in Eemshaven (NL) and Endrup (DK), in the presence of representatives from the Dutch and Danish ministries, confirming the successful completion of the trial operation performed…
COBRA Cable Readies for Action
The 700MW COBRAcable interconnector linking the Dutch and the Danish grid will be available for the electricity market as of delivery day, 7 September, Dutch high-voltage grid operator TenneT said."After three years of construction, including the laying of the submarine cables as well as the construction of two onshore converter stations, and a successful test phase earlier this year, COBRAcable will be available for the electricity market as of the delivery day of 7 September…
Offshore Wind Cable Market to Reach $3B
The global offshore wind cable market is estimated to grow at CAGR above 16% over the forecast time frame 2019 to 2026 and reach the market value around $3 billion by 2026.The demand for offshore wind cables has seen significant development due to the paradigm shift towards fresh renewable techniques with increasing consciousness of carbon emission limits, said a report by Acumen Research and Consulting."Offshore wind turbines are rapidly growing, with a higher capacity production more than onshore wind generation.
UK-Denmark Subsea Power Cable Gig Awarded
The Italian electric power transmission specialists Prysmian, German multinational conglomerate Siemens and Swedish cable manufacturer have secured contracts worth a total 1.1 billion euros ($1.2 billion) to build the world’s longest subsea power cable, the Viking Link between Britain and Denmark.National Grid and Energinet have recently announced that these cable and converter station suppliers are chosen for the UK’s first ever subsea electricity inter-connector to Denmark.The 1.4 GW high voltage direct current inter-connector…
LDA Wins French Offshore Wind Work
French maritime firm Louis Dreyfus Armateurs (LDA) Group announced that its subsidiary Louis Dreyfus TravOcean has signed its first contract related to the development of offshore windfarms in France.The transport and logistics company said that the contract for supply, installation and protection of inter-array power cables for the Saint-Nazaire offshore wind project was signed earlier this month with project leaders EDF Renouvelables and Enbridge…
Prysmian Bags Dolwin5 Cabling
Italian multinational corporation Prysmian Group has been awarded a major grid connection project worth in region of EUR 140 million by the Dutch-German grid operator TenneT which will enable the connection of multiple offshore wind farms to the German grid.“The Dolwin5 project continues our valued long relationship with the major TSO TenneT and demonstrates our ability to provide tailor-made submarine cable solutions for challenging projects…
Europe Invests in African Renewable Energy
The provider of testing and advisory services to the energy value chain including renewables and energy management, DNV GL has joined European signatories including ABB, EDP Renewables, Enel Green Power, Ge Renewable Energy, Pöyry, Prysmian, PwC, Siemens Gamesa and Vestas."DNV GL has signed a ‘declaration of intent’ to commit its interest and participation to the initiative renewAfrica, aimed at boosting renewable energy investments in Africa…
Prysmian CEO Says Not Interested in Nexans
France cable maker Nexans is not the right target for industry leader Prysmian which is scouting for possible acquisitions, the chief executive of the Italian group said on Tuesday. "There would be several overlaps with Nexans," CEO Valerio Battista said on the sideline of a conference, adding getting antitrust approval for the deal would require Prysmian to sell assets. "It's no use to look at (a target) if you then have to sell assets," he said.
Prysmian Bolsters Offshore Cable Production
Responding to an increased demand for European offshore wind farms, energy and telecom cable systems manufacturer Prysmian Group has expanded capability at its U.K. production facility in Wrexham to manufacture both 33 kV and 66 kV submarine cable cores used for the inter-array cable connections in offshore wind farms. The new product line will enable the linking and collecting of power produced by offshore wind turbines before onward transmission to the onshore grid.
Prysmian Secures Rentel Wind Farm Work
Prysmian Group has been awarded a contract - worth up to 13 M euro - by Tideway B.V. for the Rentel offshore wind farm project. Rentel N.V. was founded by a consortium of Belgian specialists in renewable energy, who have joined forces to develop, finance and operate the Rentel offshore wind project, which holds a 309 MW offshore wind concession in the Belgian North Sea. The Rentel wind farm is located approximately 34 km from the Port of Zeebrugge and approximately 40 km from Oostende off the Belgian coast.
Ecosse Subsea Systems Wins $3.9m Carousel Contract
Ecosse Subsea Systems (ESS) have been awarded a £3 million ($3.9 mln) contract by an international infrastructure group to design and build a 1500-ton carousel and associated spread. The carousel will be used for the storage of spare cables required for UK offshore windfarm projects and will be located at a strategic north east port for fast deployment should the need arise. The carousel will have the capability to be upgraded to 2000 tons and…
Prysmian Launches New Cable Solution
Prysmian Group has gained verification of its higher voltage cable system technology for offshore wind inter-array networks. The group announces the successful completion of type testing of its 66 kV cable system in accordance with CIGRE and IEC test protocols, as part of the Carbon Trust’s Offshore Wind Accelerator (OWA) program. “This new qualification milestone is a further advance along our path towards the development of innovative, sustainable and cost effective cable solutions for the offshore renewable power industry” stated Raul Gil…
Conners Named CEO of Umbilicals International
Robert “Bob” Conners has been appointed CEO of Umbilicals International, a Houston-based provider of high performance umbilicals, cables and hoses to the oil and gas, diving, seismic and defense industries. Conners will be responsible for developing the company’s global umbilicals, and cables business for the offshore, onshore and defense sectors. Formerly Vice President of the SURF Business unit at the Prysmian Group, Conner has 35 years’ experience in a range of senior management roles in engineering companies.
