Furukawa Electric Co., Ltd. and S.L. Development Construction Corporation secured a submarine power transmission project in the Philippines, for a total of approximately 4.3 billion in yen.
The project was awarded by the National Grid Corporation of the Philippines, a public corporation in charge of operating, maintaining, and developing the Philippines’ state-owned power grid. Delivery and completion of the cable system are scheduled for 2023.
Submarine power transmission project
The transmission project will connect the Cebu Substation and Lapulapu Substation, located in Visayas, the Philippines. Furukawa Electric will supply 230kV AC XLPE-insulated 1600 mm2 triple-core submarine cable, regarded as the world-largest conductor size class submarine cable, and cable temperature and load monitoring system.
The new submarine power transmission will reinforce power transmission capacity
The new submarine power transmission will reinforce power transmission capacity and maintain the continuous transmission of power, towards the major loads centers in Mandaue and Mactan, even during N-1 contingency condition. Furukawa Electric continues to contribute to development of energy infrastructure in Asia, with high-quality cable products and engineering services.
Furukawa Electric Group Vision 2030
Based on the ‘Sustainable Development Goals (SDGs)’, adopted by the United Nations, the Furukawa Electric Group has formulated the ‘Furukawa Electric Group Vision 2030’, which sets the year 2030 as its target and is advancing efforts with the aim to ‘Build a sustainable world and make people’s life safe, peaceful and rewarding’.
Furukawa Electric Group will create solutions for the new generation of global infrastructure, combining information, energy and mobility. Towards the achievement of their Vision 2030, the company will take open, agile, and innovative approaches to promote ESG management that that aims to increase corporate value, over the medium to long term and will contribute to the achievement of the SDGs.