Nexans invests €90m in offshore wind cables

Nexans plans to invest €90m in support of offshore wind in Europe by constructing a new tower for cable insulation in Charleroi, Belgium. The investment will enable the production of 525kV HVDC onshore cables for TenneT's grid projects. Upgrades to the cable manufacturing process, including a new stranding line and degassing system, are part of the investment. Nexans is committed to the long-term strategy of electrification and renewable energy sources.

Source:

https://renews.biz/95705/nexans-invests-90m-to-boost-offshore-wind-cables/

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