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2021-26 Global Smart Grid Market Compound Annual Growth Rate of 19.1%
Time of Update: 2023-01-06
High investments for successful smart grid deployments can increase the financial burden on governments.
High investments for successful smart grid deployments can increase the financial burden on governments.
High investments for successful smart grid deployments can increase the financial burden on governments.
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The Chinese market released good news Copper prices will rebound further
Time of Update: 2023-01-06
Copper prices are expected to rebound further in the coming months after being hit hard as China unleashes more infrastructure spending and other economic stimulus measures, Reuters polls showed.
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Google's Grace Hopper submarine cable system is scheduled to be put into operation in 2022
Time of Update: 2023-01-06
According to Google, Google has obtained permission to build, land and operate the Grace Hopper cable system, an undersea cable system connecting the United States, the United Kingdom and Spain.
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The Fed signaled a sharp interest rate hike and copper prices fell
Time of Update: 2023-01-06
S. interest rate hikes following hawkish comments from Fed officials and a recent series of weak economic data from China put the focus back on global growth concerns.
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From 2022 to 2027, the Americas medium voltage cable market will grow at a compound annual rate of 5.1%
Time of Update: 2023-01-06
With the advancement of global decarbonization, the increasing generation of renewable energy, the rapid pace of industrialization and urbanization, and the modernization of traditional power infrastructure are driving the steady growth of the medium-voltage cable market in the Americas.
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Nexans will install superconducting cables for Montparnasse train station in France
Time of Update: 2023-01-06
Superconducting cable technology will help provide more power needed to meet the growing demand for rail traffic.
Superconducting cable technology will help provide more power needed to meet the growing demand for rail traffic.
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South Korea and Russia sign $2.2 billion agreement to support the construction of a new nuclear power plant in Egypt
Time of Update: 2023-01-06
The South Korean company became the sole bidder for the El Dabaa project section in December 2021 and will build the buildings and structures of the Turbine Island for these units between 2023 and 2029.
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Alcatel submarine network new submarine cable maintenance vessel successfully launched
Time of Update: 2023-01-06
On June 24, 2022, a new submarine cable maintenance vessel, Ile de Molène, was successfully launched in Calais, France, and will join the ASN (Alcatel Undersea Network) fleet.
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Siemens Energy wins its largest order to date for grid connections
Time of Update: 2023-01-06
It is reported that Siemens Energy will provide converter station technology contracts for the connection system of two offshore wind farms, DolWin4 and BorWin4, to the land grid.
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Electric vehicles will account for more than 80% of battery demand in the next 20 years
Time of Update: 2023-01-06
”Batteries remain the largest cost component of electric vehicles, and the climbing cost of raw materials for batteries, especially lithium and nickel, is a factor contributing to rising costs.
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In 2021, Peru's copper production increased by 7% year-on-year to 2.3 million tons
Time of Update: 2023-01-06
Social unrest in the country's mining areas has deepened global concerns about an impending shortage of copper, considered a key metal in the world's transition to green technology.
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Chilean parliamentarians' Court of Appeal asked to block a tender for 400,000 tons of lithium mining in Chile
Time of Update: 2023-01-06
Chilean lawmakers on Tuesday went to court to block the outgoing government from awarding a lithium mining contract, for which SQM and Albemarle, two of the world's largest producers of ultralight battery metals, are bidding.
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The global electric commercial vehicle market will grow at a compound annual growth rate of 31.4% from 2022 to 2030
Time of Update: 2023-01-06
Factors such as the growing demand for low-emission commuting and government support for zero-emission transportation of electric commercial vehicles, including buses, trucks, pickups, and vans, through subsidies and tax rebates are prompting manufacturers to develop electric commercial vehicles worldwide.
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LS Cable acquires submarine cable engineer KT Submarine
Time of Update: 2023-01-06
KT Submarine, a subsidiary of the KT Group, was founded in 1995 and has been engaged in the construction of submarine cables and offshore equipment and the development of offshore energy.
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The global overhead cable market will grow at a compound annual rate of 5.1% in 2022-26
Time of Update: 2023-01-06
In terms of development trends, the Gulf countries will have a positive impact on the market during the forecast period, and the region's good economic growth and strong momentum in industries such as manufacturing, entertainment, tourism, and education are contributing to the increase in electricity demand in the region, leading to an increase in the application of overhead cables.
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From 2021 to 2026, the global electric vehicle cable market will grow at a compound annual rate of 26.9%
Time of Update: 2023-01-06
The demand for EV cables is directly proportional to the increase in the production of fuel cell EVs. Therefore, the rising level of disposable income in advanced economies, especially emerging economies such as India, Brazil, and China, is driving the fuel cell electric vehicle manufacturing industry, which in turn is expected to trigger the growth of the wiring harness industry in this field.
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The 1 GW solar tender project in Algiluah has been postponed again
Time of Update: 2023-01-06
Algeria has extended the deadline for its flagship tender for 1GW of solar PV capacity to after June 15, Algeria's national news agency APS said on June 16.
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India's renewable energy FDI reached a record high of $1.6 billion in FY 2021-22
Time of Update: 2023-01-06
India's renewable energy sector has become attractive from an investor's perspective due to increased government support and improved economy.
India's renewable energy sector has become attractive from an investor's perspective due to increased government support and improved economy.
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The second phase of the construction of Norwegian fiber optic infrastructure is planned
Time of Update: 2023-01-06
It is reported that the expansion of N0r5ke Viking is to significantly improve the redundancy and availability of Norwegian dark fiber, redundant connections with major cities, connection hubs, cable landing sites and regions, and provide convenient access for international customers.
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By 2026, Chile's Antofagasta copper production will increase to 900,000 tons/year
Time of Update: 2023-01-06
Chilean mining company Antofagasta chief said on Tuesday that it expects its copper production to reach 900,000 tonnes by 2026, about 20 percent higher than it currently does, with growth mainly coming from exploration and possible targeted acquisitions.
