Sumitomo to acquire German manufacturer to make cable for 2 orders worth €3 billion
Sumitomo Strengthens HVDC Cable Production in Germany The Sumitomo Electric Südkabel acquisition marks a major move in Germany’s clean energy transition. Sumitomo Electric, based in Japan, will purchase a controlling stake in Südkabel GmbH and expand cable manufacturing at the Mannheim plant. The facility will produce 525 kV HVDC cables for Amprion’s two large‑scale renewable projects worth about €3 billion. Learn more […]
New Google cable route to connect Africa and Australia
Google announced that it will launch the first-ever submarine cable route between Africa and Australia, named “Umoja,” a Swahhili word that means unity. A press release said that the fiber optic route will pass through Uganda, Rwanda, Democratic Republic of the Congo, Zambia, Zimbabwe, and South Africa, including the Google Cloud region, before crossing the […]
Prysmian gets antitrust ok for Encore Wire acquisition, expects to see quick results
Prysmian Moves Forward with Encore Wire Deal The Prysmian Encore Wire acquisition reached a new milestone after Prysmian Group received U.S. antitrust clearance for the transaction. This step advances Prysmian’s plan to complete its purchase of Encore Wire, a leading cable manufacturer based in McKinney, Texas. Learn more about Prysmian’s global operations at https://www.prysmiangroup.com. The deal still requires approval from Encore Wire shareholders, […]
Jan De Nul to add to its cable-laying fleet
Expanding Offshore Capacity for Renewables The Jan De Nul cable-laying fleet expansion marks a major step in the company’s renewable energy strategy. Jan De Nul Group, based in Belgium, will add a new XL cable-laying vessel to meet rising global demand for offshore connectivity. Learn more about its operations at https://www.jandenul.com. This new ship brings Jan De Nul’s fleet to five […]
Fire at Malaysian warehouse destroys millions of dollars of stored cable reels
Major Fire Damages SESB Warehouse A massive SESB warehouse fire in Malaysia caused severe losses after flames tore through stored electrical cables on April 4. The blaze, which burned for several days, devastated both the warehouse and outdoor cable reels at Sabah Electricity Sdn Bhd’s (SESB) facility. Photos published by the Daily Express showed hundreds of large cable reels engulfed in flames. […]