A multi-purpose support vessel (MPSV) owned by Olympic Subsea and on charter with DeepOcean has been equipped with cable lay and trenching equipment to be able to install and protect power cables for offshore renewables projects. The two Norwegian companies entered into a two-year time charter agree
A consortium of Boskalis and Orient Cable (NBOS) has completed the pull-in and burial of the second export cable for TenneT’s Hollandse Kust West Beta offshore grid connection at the landfall location in Velsen-Noord, the Netherlands. The 700 MW grid connection will link the offshore wind farm that
Belgium’s transmission system operator (TSO) Elia has awarded contracts to several companies for high-voltage alternating current (HVAC) components of Princess Elisabeth Island, the world’s first energy island.
Italian cabling giant Prysmian Group has awarded Finnish construction and development company YIT with a contract to build warehouse facilities at the production site for submarine cables in Kirkkonummi, Finland. Under the contract valued at approximately €35 million, YIT is in charge of the expansi
UK companies 2H Offshore and Vekta Group have established a strategic partnership aimed at driving innovation in high-voltage cables for offshore wind developments. London-headquartered 2H provides structural, hydrodynamic, geotechnical engineering and related digital and integrity services for fixe
Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investme
Ørsted has awarded three multi-year framework agreements for fault-finding, diagnostic and dry repair of cables at its offshore wind farms in the UK, the U.S., and Taiwan to Correll Group. The agreements have been signed for an initial period of three years and Ørsted has also selected the UK-based
South Korean Taihan Cable & Solution has opened the first phase of its submarine cable plant that will supply the offshore wind industry. The submarine cable plant, covering around 44,800 m2 behind Godae Pier at Pyeongtaek’s Dangjin Port, is being constructed in two phases. The first phase, which fo
The production of TenneT’s new cables that can transmit up to 2 GW of offshore wind capacity has started at LS Cable in Donghae, South Korea. The new cables with a voltage of 525 kV make it possible to transmit 2 GW of direct current (DC) over long distances with low losses, said the Dutch-German [&
Italy-headquartered Prysmian has completed the installation of the export cable for the 30 MW Gruissan/EolMed floating offshore wind project in France. In 2021, Prysmian signed a contract with the French transmission system operator (TSO) Réseau de Transport d’Électricité (RTE) for the engineering,
A number of companies from the industry have joined forces in a project to investigate the effects of subsea electricity cables on marine wildlife, expected to contribute to developing environmentally friendly power cable systems. The FlatEMF project, being undertaken by 50Hertz, EirGrid, Europacabl
The first of two export cables for TenneT’s Hollandse Kust (west Beta) offshore grid connection has been pulled underneath the dunes at Velsen, the Netherlands. In the coming days, the consortium between Boskalis and Orient Cable will bury this 220 kV AC cable into the seabed. Boskalis’ cable-laying
Italian cabling giant Prysmian has established a long-term partnership with Port of Middlesbrough, its northern European marine base, as part of its growth plans, expected to create new jobs in the region. Prysmian, which has been a tenant at Port of Middlesbrough for several years, has signed a ten
Following an “outstanding” 2023, Italian cabling giant Prysmian has made a solid start to 2024, reporting a net profit of €190 million for the first quarter of the year, compared to €187 million in the first three months of the prior year. Group sales amounted to €3,687 million, with a -5.6% organic
