Prysmian Group News
Arrow Wire & Cable serves as the premier destination for essential Fire Products solutions, crucial for life-saving applications. With an extensive inventory featuring renowned brands such as Carol by Prysmian, STI, Radix Wire & Cable, West Penn Wire, and many more, they’re the go-to company for will-call or hassle-free shipments. Unparalleled excellence in the low-voltage industry Count on Arrow to deliver unparalleled excellence in the low-voltage industry. Arrow will equip cu...
Prysmian, the world renowned company in the energy and telecom cable systems industry, has finalized three contracts worth in aggregate around €5 billion with Amprion, one of the pioneering European TSOs, for two offshore grid connection systems — BalWin1 and BalWin2 — and the underground cable project DC34. The contracts, which are now added to Prysmian’s order backlog, follow the selection of Prysmian as the preferred bidder in August 2023. milestone for Prysmian This...
Prysmian, the globally renowned company in the energy and telecom cable systems industry, announces the launch of its revolutionary Sirocco Extreme 864f microduct cable, setting a new standard for innovation in the field. This ground-breaking cable showcases world-record diameters and fiber densities for blown microduct cables. Sirocco Extreme 864f microduct cable features an impressive 864 fibers within a 9.8mm diameter, providing an unparalleled fiber density of 11.5 fibers per mm2. It is ins...
Arrow is thrilled to share the incredible offerings from Prysmian Group, pioneers in fiber and copper solutions that redefine high-speed communication! copper and fiber cables For more than 35 years, Prysmian Group's GenSPEED® has been a pioneer in crafting top-notch copper and fiber cables for flawless voice, video, and data transmission. Count on Arrow to deliver unparalleled excellence in the low-voltage industry. Arrow will equip users with the competitive advantage needed for any cus...
Telstra and Prysmian announces an expansion to Prysmian optical cable manufacturing plant in Australia, to build the fibre optic cable required for Telstra’s intercity fibre network, with advanced technology that aims to reduce the environmental impact of the project. Telstra InfraCo is building the intercity fibre network in response to the ever-growing demands for fast and capable digital networks. Cable production lines “The intercity fibre network project will future-proof Aus...
The industrial landscape is on the verge of yet another transformative shift, as we witness the transition from Industry 4.0 to Industry 5.0, also called the Fourth and Fifth Industrial Revolution. As their name suggests, they’re not the first ones the world has experienced over the years. How to Industry 5.0? The First Industrial Revolution took place at the end of the 18th century with the introduction of the steam engine invented by James Watt. The Second one started around the end o...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, announces the successful commissioning of the inter-array cable system for the Fécamp offshore wind farm, located in the English Channel, some 24 km off the French coast, in Normandy (Seine-Maritime department). The Fécamp offshore wind farm is composed of 71 WTGs with a total capacity of nearly 500 MW, generating clean electricity equivalent to the power needs of over 770,000 people.&n...
Prysmian Group, the world pioneer in the energy and telecom cable systems industry, announces an investment of approximately €350 million for two new cutting-edge cable-laying vessels that will reinforce Prysmian’s submarine project execution capabilities. This capex is already included in the mid-term outlook communicated by the Group on 5th October during Capital Markets Day. Prysmian’s agreed role “The market is tremendously growing, and we are facing an incr...
Prysmian Group’s sustainability leadership was confirmed in the prestigious Dow Jones Sustainability World Index (DJSI World), after the annual evaluation of companies' sustainability practices performed by S&P Global through its Corporate Sustainability Assessment. In the 2023 edition, Prysmian, which is included in the ELQ Electrical Components & Equipment sector, reached excellence (100 points) in the environmental areas of Emissions, Resource Efficiency and Circularity, Waste,...
Prysmian, the world pioneer in the energy and telecom cable systems industry, after a competitive tender has been awarded a contract worth over €100 million by Petrobras to provide 170 km of deep-water electro-hydraulic umbilicals and related specialized offshore and logistic services. The cutting-edge deep-water steel tube and thermoplastic umbilicals will be engineered, produced, tested, and delivered in the 2024-2027 period by Prysmian’s Offshore Specialties Centre of Excellence...
Prysmian Group, the world pioneer in the energy and telecom cable systems industry, has been awarded a contract worth in the region of €850 million by Eastern Green Link 1 Limited, a joint venture between the UK transmission grid owners SP Transmission plc and National Grid Electricity Transmission plc, to provide the cable systems for a major UK network development project between Scotland and England. The award of the EGL1, which has now been added to Prysmian’s order backlog, fo...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, has signed an agreement worth approximately €900 million with Clean Path New York to provide submarine and land power cable systems for one of the largest transmission infrastructure projects in the United States. Clean Path New York is a US $11 billion renewable energy project comprising 3,800 MW of wind and solar power from more than 20 new wind and solar generation resources and a new 175-mil...
Prysmian Group (‘the Group’) will present its strategy including the reshaping of its business into four new segments and outline financial and non-financial targets for 2027. The strategy will see Prysmian capitalize on its leading positions and outline plans to win in new growth markets in order to become a global cabling solution provider leading the Energy Transition and Digital Transformation. Details of the strategic plan will be announced during Prysmian Group's Capital Mark...
Prysmian PowerLink s.r.l, part of Prysmian Group, the world pioneer in the energy and telecom cable systems industry, has been awarded new contracts worth in total of around €1.1 billion by 50Hertz, a transmission grid operator in Germany. offshore wind projects As part of the 50Hertz “long-term EPCI contracts for HVDC cables” tender, Prysmian has received an award for Lot2 which includes EPCI contracts for the NOR-11-1 submarine and DC31 land projects along with Lot7. Thes...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, will be a Platinum Sponsor at Connected Britain 2023, the UK’s most important connectivity event taking place in London on September 20-21. The event will be an opportunity for the various industry pioneers to exchange views with respect to the challenges and critical issues facing the steady growth of recent years, as well as to discuss new opportunities and the ability to meet the ever-increasing demand....
Prysmian Group, the pioneer in the energy and telecom cable systems industry, has been awarded a new contract worth around €630 million by Terna Rete Italia S.p.A., a company fully owned by Terna S.p.A., the Italian power grid operator (TSO). The Adriatic Link project includes the design, supply, installation, and commissioning of an HVDC submarine interconnection which will contribute to de-carbonize Italy’s energy system, thus reinforcing Italy’s role as the Mediterranean en...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, signed a capacity reservation agreement for a fee of up to €90 million with Marinus Link Pty Ltd, a subsidiary of the Australian TSO TasNetworks, for a new power interconnector between Tasmania and Victoria, Australia. The agreement includes Commonwealth Government underwriting a capacity reservation fee of up to €90 million and Prysmian Group’s continued capacity availability until the execution of t...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, has been selected by the TSO Amprion, one of the European TSOs, as the preferred bidder for the two Offshore Grid Connection Systems BalWin1 and BalWin2 and the underground cable project DC34. The preferred bidder agreement provides an obligation on the parties to negotiate in good faith the outstanding items of the projects with a target to execute the final contracts by 15 January 2024. Prysmian is committed t...
On the occasion of Genera 2023 - the International Energy and Environmental Fair held in Madrid last February - Prysmian Group has launched Prysmian PRYSOLAR, the most innovative cable solution for solar power generation. But what are solar cables, why are they so relevant and, most importantly, what is Prysmian PRYSOLAR? Solar cables, also known as solar photovoltaic cables or solar PV cables, are specifically designed cables used in photovoltaic systems, in which they play a critical role: so...
Prysmian Group, a pioneer in the energy and telecom cable systems industry, signed a Service Level Agreement (SLA) with the German-Dutch transmission system operator TenneT to provide nearshore and offshore cable inspection, maintenance and repair services for TenneT’s HVDC and HVAC submarine power cables in the North Sea. The agreement will be fulfilled in partnership with N-Sea, a Dutch integrated subsea solutions service provider specialized in survey, IMR & construction, subsea c...
Prysmian Group, a globally renowned company in the energy and telecom cable systems industry, has secured an important milestone with SP Transmission plc and National Grid Electricity Transmission plc, two of the GB transmission grid owners. Following the selection of Prysmian as exclusive preferred bidder in May 2023, the agreement includes an initial payment of €85 million and the assurance of Prysmian Group’s continued capacity availability for the planned construction of the East...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, has been awarded a new contract by Ørsted Wind Power A/S to supply inter-array submarine cables for the Hornsea 3 offshore wind farm, located 160 km off the Yorkshire coast, UK. Once constructed, it will be able to supply well over 3 million homes with green, renewable electricity. Under the contract, subject to Ørsted taking a Final Investment Decision on Hornsea 3, Prysmian Group will be responsib...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, has secured an important milestone with Eastern Green Link 2 Limited, a joint venture between SSEN Transmission and National Grid Electricity Transmission plc, the GB electricity transmission network owners. Following Prysmian selection as the exclusive preferred bidder in May 2023, the commitment includes the payment of €180 million to assure Prysmian Group’s continued capacity availability for the planned...
Prysmian Group, a world pioneer in the energy and telecom cable systems industry, returns to Jicable, the international technical forum on insulated power cables, taking place in Lyon, France, from June 19 to June 22. renewable power, electrification, and grid hardening Jicable, which takes place every four years, is an important moment to exchange scientific knowledge related to insulated power cables from Low Voltage and special cables to Ultra High Voltage cable links. Growing demand for r...
Prysmian Group., a world pioneer in the energy and telecom cable systems industry, is launching a new investment of around €120 million in its strategic plant in Pikkala, Finland. The investment, in addition to the €100 million already provided in 2022 is aimed at further increasing the production capacity of the 525 kV HVDC submarine cable systems, supporting the growing market demand driven by the need to develop and upgrade power transmission grids for the energy transition. ...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, has received the notification from SP Transmission plc and National Grid Electricity Transmission plc, two of the GB transmission grid owners, selecting them as the exclusive preferred bidder for the Eastern Green Link 1 (EGL1) cable connection. Prysmian Group continues the contract negotiations with the aim of concluding the contract later this year. Eastern Green Link 1 (EGL1) HVDC cable connectio...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, has received the notification from SSEN Transmission and National Grid Electricity Transmission plc, the GB electricity transmission network owners, selecting them as the exclusive preferred bidder for the Eastern Green Link 2 (EGL2) cable connection. Prysmian Group continues the contract negotiations with the aim of concluding the contract in a timely manner. Eastern Green Link 2 (EGL2) EGL2 is a...
Prysmian Group, the world pioneer in the energy and telecom cable systems industry, will exhibit its extended portfolio of products and services at the WindEurope Annual Event 2023 that will take place in Copenhagen from April 25 to 27 (Bella Center Copenhagen, Booth C3-C10). The event will also be a chance to meet investors and analysts on Thursday, April 27. Growing demand for renewable power advances in turbine generation capacity, grid hardening, and asset efficiency are key industry driver...
Prysmian Group, the globally renowned company in the energy and telecom cable systems industry, announces the launch of the first optical cables certified green, thanks to its ECO CABLE label, the first proprietary green product label in the cable industry. The Prysmian Group will present its range of ECO CABLE labeled products at the FTTH Conference 2023, starting tomorrow in Madrid. ECO CABLE products at FTTH Conference 2023 The ECO CABLE products are aimed at proactively addressing the gre...
Prysmian Group, the pioneer in the energy and telecom cable systems industry, announces it has successfully completed the installation and HV testing activities of its 1,400 km of submarine and land power cables for the Viking Link Interconnector, the world’s longest onshore and offshore HVDC interconnector connecting the UK and Denmark. Viking Link is a joint venture between National Grid and Energinet and it is due to be operational by the end of 2023. Once operational, it will enable...