Prysmian Group News
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, increases its focus on seizing growth opportunities stemming from ever-increasing electrification processes. Shifting to renewable energy sources is a sweeping transformation that the world is undergoing, with power transmission grids playing a key role in the dispatching over longer distances and at higher voltage, and power distribution grids proving to be equally and increasingly crucial for integ...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, will showcase its full range of technologies at Genera 2023, International Energy and Environment Fair taking place in Madrid, Spain, from February 21 to February 23, 2023 ( at Stand 10D17). Genera 2023 Genera 2023 comes at a very important time for the Prysmian Group that, on this occasion, will launch its new Prysmian PRYSOLAR cables, fully compliant with the applicable global standards EN 50618 a...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, confirms its support to the upgrading process of UK’s electricity grid and announces it has been awarded, through its subsidiary in the United Kingdom (UK), a Medium Voltage cable framework agreement with National Grid Electricity Distribution for a minimum of 3 years. To access cleaner, greener energy, more expansive and more intelligent grids and infrastructures are required, able at spanning...
Prysmian Group, the world renowned company in the energy and telecom cable systems industry, announces the successful completion of the cable laying and burial operations for the submarine power interconnection between Ibiza and Formentera. The announcement, confirming that those operations had been completed, was released during the visit onboard Prysmian Group’s cable-lying vessel - Cable Enterprise of the representatives of the Spanish TSO Red Eléctrica in the presence of Teresa...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, extends its Sirocco HD range of microduct cables to include an 864f cable. Sirocco HD cables provide world-record diameters and fiber densities for blown microduct cables. The new cable boasts 864 fibers in a diameter of 11.0 mm, providing a fiber density of 9.1 fibers per mm2, and is installable into a 13 mm duct. Sirocco HD microduct cables Bend-insensitive fiber optic cables will be crucial for...
Prysmian Group, the world pioneer in the energy and telecom cable systems industry, announces an investment of approximately €200 million in a new cutting-edge cable layer plus an adjustment for cable equipment of approximately €40 million. The new vessel will be fully operational by Q1 2025 and will reinforce Prysmian’s project execution capabilities and its EPCI (Engineering, Procurement, Construction, Installation) approach. Technical performance, flexibility, and sustainabi...
Prysmian Group, a pioneer in the energy and telecom cable systems industry, has been awarded an approximately €150 million contract by Greek electricity grid operator IPTO (Independent Power Transmission Operator) to link the islands of Milos, Folegandros, and Santorini. The contract will be finalized within 2022, following the customary approvals from the authorities involved. Energy integration This connection is part of Phase D of the Cyclades’ electrical interconnection that co...
Prysmian Group, a world pioneer in the energy and telecom cable systems industry, awarded a €60 million contract for laying submarine cables for the already secured Project Lighting HVDC 320 kV interconnection project in the UAE (awarded to Prysmian under a limited notice to proceed last January 2022 by Samsung C&T as part of its EPC consortium with Jan De Nul Group, the initial contract was worth €220 million). Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy...
Prysmian Group, a pioneer in the energy and telecom cable systems industry, has been awarded a contract by France’s transmission system operator Réseau de Transport d'Électricité (RTE) to provide inspection, maintenance, and repair services for the submarine export power cable links connecting the three offshore wind farms near the French coast of Normandy that will be linked to the mainland using Prysmian cables. The wind farms at St. Nazaire, Fécamp...
With the start of cable production at Prysmian Group, SuedLink, the largest infrastructure project of the energy transition in Germany with a length of around 700 kilometers and 4 GW of transmission capacity, has reached another milestone. Prysmian started the production of a ±525 kV HVDC underground cable system at its French plant in Montereau, which allows a transmittable power of 2 gigawatts on a single system. SuedLink, energy transition infrastructure project The two transmission...
Prysmian Group, a pioneer in the energy and telecom cable systems industry, has been awarded two major contracts for a total value of over €800 million including options by Amprion Offshore GmbH, a subsidiary of German transmission system operator Amprion for the design, supply, installation, and commissioning of land and submarine cables for two offshore wind farm grid connection systems in Germany's North Sea, namely DolWin4 & BorWin4. The DolWin4 & BorWin4 projects will...
Prysmian Group has reached a key technology milestone in the field of Power Transmission, thus confirming its preminent role and commitment to support the energy transition. The world pioneer in the cable industry announces the successful development and testing of the first 525 kV extruded submarine full cable system for High Voltage Direct Current (HVDC) applications. Breakthrough innovation This breakthrough innovation in cable technology will enable a massive increase of the maximum trans...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, is pleased to return to the CIGRE Biannual Session, the global Technical Congress and Exhibition for power systems expertise, to be held in Paris from 28 August to 2 September 2022. Prysmian Group is playing a major role in the development of power grid infrastructures to support the transition from fossil fuels to renewables, such as wind power, and stands out for its long-standing tradition and excellent reputation...
Prysmian Group, a pioneer in the energy and telecom cable systems industry, shall move forward and commence work on the power cable interconnector between UK and Germany after receiving notification from Neuconnect who recently announced the Financial Close of the project. Land and submarine interconnector It is one of the first interconnectors to be funded by a project financing arrangement that demonstrates that major energy infrastructure projects are attractive to financial investors. Pry...
Prysmian Group, the world pioneer in the energy and telecom cable systems industry, welcomed U.S. President Joe Biden on a visit to the site of its new submarine power cables plant in Brayton Point, Massachusetts. As part of its plan aimed at supporting the development of offshore wind power in the U.S., Prysmian Group is committed to transforming the area, home to the former Somerset coal plant, into a high-tech hub for the energy transition process. sustainable energy transition The presenc...
Prysmian Group has announced the launch of Sustainability Week, a new stakeholder listening event running from June 20 to 24, 2022. Top management at Prysmian Group’s Milan headquarters, business units, and regional offices around the world will share progress on their sustainability strategy and how it is impacting the Group's business, its innovative DNA and flagship technology. Sustainability Week The event will also be an opportunity to highlight how the development of the trans-Eur...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, is proud to announce that it has received Honoree status in the 2022 Lightwave Innovation Reviews in the Carrier, Fiber, Cable, Enclosures, and Accessories category for its Sirocco Hybrid optical & power cables from blown applications. Increased digitalization means data volumes will continue to rise, but existing ducts often do not have much space left, therefore optical cables that can be deployed in limited spa...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, strengthens its commitment to meet the increasing demand for optical fiber broadband connectivity driven by the stimulus packages launched by the Federal and State Governments. The Company announced it is investing an additional $30 million to the $85 million already announced last year to increase optical fiber cable capacity and capability in plants in North America. expands optical cable production With these inv...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, announces it will work with Telstra to build a new state-of-the-art intercapital fiber network in Australia. The national fiber network project is a multi-year project which will see Telstra build a new ‘state-of-the-art inter-city dual fiber path’ that adds up to 20,000 route km of new fiber-optic terrestrial cable, boosting inter-capital capacity, as well as capacity for regional areas. Unique environme...
Prysmian Group., a pioneer in the energy and telecom cable systems industry, is pleased to return to the Offshore Technology Conference 2022 in Houston, TX, from May 2-5 (booth 2942), where it will present its full range of high-tech cables solutions supporting the energy transition and the development of power generation from offshore renewable sources, namely offshore wind. The Group will also present its state-of-the-art range of deep-water umbilical solutions and cable systems for static an...
Prysmian Group., a pioneer in the energy and telecom cable systems industry, has been awarded a contract by Alaska Power & Telephone Company (AP&T) to supply, install and test two submarine fiber optic cable links in south-east Alaska. The SEALink project undertaken by AP&T’s subsidiary AP&T Wireless (APTW) will improve communications in southeast Alaska, bringing broadband to rural areas that are currently unserved. submarine fiber optic cable The SEALink project will c...
Prysmian Group is keeping pace with executing its investment plan of about €1 billion by 2024, mainly targeted at developing businesses that support the energy transition. Cable-Laying vessel “Development of the trans-European power grid plays a strategic role in decarbonization and in the transition to renewable sources, as well as in improving EU energy autonomy — an urgent need that has returned to the fore with the Russia-Ukraine conflict.” “As a global leader...
New submarine cable factory in the US and production capacity expansion at the Italian, Finnish and French plants. Prysmian Group, the pioneer in the energy and telecom cable systems industry, is keeping pace with executing its investment plan of about €1 billion by 2024, mainly targeted at developing businesses that support the energy transition. Major international utilities “Development of the trans-European power grid plays a strategic role in decarburization and in the transit...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, has announced the successful completion of the world’s longest submarine electricity interconnector between the United Kingdom and Norway. North Sea Link enables the sharing of renewable energy between the two countries for the first time, supporting both countries in the journey to net zero. North Sea Link In 2015, Norwegian system operator, Statnett and UK-based National Grid awarded Prysmi...
Prysmian Group., the pioneer in the energy and telecom cable systems industry, will showcase its state-of-the-art technologies at Middle East Energy 2022, the electrical industry’s largest show in the Middle East, taking place in Dubai from March 7 to 9, 2022 (booth H6.E10). Energy transition “Middle East Energy 2022 comes back in presence after two years and Prysmian Group is proud to present our full range of products at the event”, stated Cinzia Farisè, CEO MEAT Reg...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, announced that they will be presenting their complete solutions for future-proof optical networks, at the OFC Conference and Exhibition 2022, which is taking place from March 6 to March 10, 2022 in San Diego, California, USA. Verticasa and CasaLink At the OFC Conference and Exhibition 2022, the company stand – Booth #3743 – will be focused on solutions for internal and external distribut...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, has been awarded a contract worth around €1.2 billion by NeuConnect Britain Limited and NeuConnect Deutschland GmbH for the turn-key design, manufacturing, installation, testing, and commissioning of a 725 kilometer submarine interconnector that will directly link the German and UK electricity grids for the first time. This 1400 MW submarine and land cable system will connect two of Europe’s largest energy...
Prysmian Group., a world pioneer in the energy and telecom cable systems industry, is moving ahead with its project for a new submarine power cable plant in the United States. Prysmian Group and CDC Commercial Development Company announced the signing of the contract for the purchase by Prysmian of the site identified in Brayton Point (Massachusetts). Acquisition details The final acquisition of the site is subject to securing state permits for the construction of the new plant. Prysmi...
The European Investment Bank (EIB) and Prysmian Group, pioneer in the energy and telecom cable systems industry announce that they have finalized financing of €135 million intended to support the Group’s 2021-2024 R&D plans in Europe. Specifically, the areas that will benefit from EIB financing are: Industrial research: research on innovative materials also involving the use of nanotechnologies, systems for the monitoring and management of land and submarine power grids and...
“Cable technology is a key enabler to face the challenges of digitalization and energy transition,” explains Srini Siripurapu, Chief R&D and Innovation Officer Prysmian Group. The European Investment Bank (EIB) and Prysmian Group, the pioneer in the energy and telecom cable systems industry announce that they have finalized financing of €135 million intended to support the Group’s 2021-2024 R&D plans in Europe. Submarine power transmission Specifically, the area...