Nexans awarded major contract by leading power utility to support energy transition in Italy
02 Febbraio 2024 - 12:06PM
Nexans awarded major contract by leading power utility to support
energy transition in Italy
Nexans awarded major contract by leading power utility
to support energy transition in Italy
- Nexans has been selected by
a leading Italian utility to deliver a 6,000 km suite of cables,
beginning in February 2024 and for a duration of 16
months.
- Nexans will be providing
the utility with low- and medium-voltage underground cables, along
with its ULTRACKER® solution
which improves supply chain efficiency.
- Nexans commits to deliver
cables composed of 100%
low-carbon aluminum and produced at its Italian factory in
Battipaglia.
Paris, February 2, 2024 – While
demand in electricity is booming, cables and accessories are key
elements of the electricity value chain to transport the energy
produced to its point of consumption.
At the heart of its DNA, Nexans offers fully
integrated turnkey solutions to Distribution System Operators (DSO)
to gradually modernize their networks: these solutions range from
cables and accessories (transformers, switches, splices and cable
ends) to the most advanced services for the operation, optimization
and maintenance of networks.
Massive investments of around 4.4 trillion euros
by 2030 will be made for the development of networks, mainly due to
global electrification and the development of renewable energies.
All over the world, DSOs are facing an increase in investments to
develop and replace electricity networks: Nexans is supporting
them, offering turnkey solutions for electrification through
long‑term framework agreements.
In this context, Nexans has been awarded a major
contract to supply a leading Italian utility with 6,000 km of low-
and medium-voltage power distribution cables and services to
support the energy transition in Italy. This contract reinforces
Nexans’ position as a long-term partner of the utility and as a
major player of sustainable electrification.
The low-and medium-voltage cables will be
manufactured at Nexans Italian plant in Battipaglia and will be
using 100% guaranteed low-carbon aluminum, reducing the greenhouse
gas emissions by 35% to 50%, depending on the products. In addition
to reducing greenhouse gas emissions, these products will be
employed in underground powerlines, which are designed to be more
resilient to the increasingly frequent extreme climate phenomena
that affect power distribution infrastructure worldwide.
Through this collaboration, Nexans once again demonstrates its
deep commitment in developing sustainable solutions to answer its
strategic clients’ challenges.
Additionally, the ULTRACKER DRUMS solution will
assist the utility in tracking and managing the delivery of their
cables on site, enabling real-time geolocation of cable drums
thanks to edge-computing technologies, and providing unique
advantages such as shipments follow-up, theft detection, remote
monitoring, residual cable length management, and a streamlined
drum pick-up.
Elyette Roux, VP Power Distribution Cables and
Accessories at Nexans, comments: “We are proud of the trust that
our customer places in Nexans. Our long-standing partnership
enhances our collaboration and will further strengthen our
determination to reduce the environmental impact of our projects
through constant innovations in the products and services to our
customer. Being part of this effort and supplying a cable range
made of 100% low-carbon aluminum places Nexans at the very heart of
decarbonized electrification in Italy and in Europe and
demonstrates the commitment of our two groups to the world energy
transition.”
About Nexans
For over a century, Nexans has played a crucial
role in the electrification of the planet and is committed to
electrifying the future. With approximately 28,000 people in 42
countries, the Group is paving the way to a new world of safe,
sustainable and decarbonized electricity that is accessible to
everyone. In 2022, Nexans generated 6.7 billion euros in standard
sales. The Group is a leader in the design and manufacturing of
cable systems and services across four main business areas: Power
Generation & Transmission, Distribution, Usage and Industry
& Solutions. Nexans was the first company in its industry to
create a Foundation supporting sustainable initiatives, bringing
access to energy to disadvantaged communities worldwide. The Group
is recognized on the CDP Climate Change A List as a global leader
on climate action and has committed to Net-Zero emissions by 2050
aligned with the Science Based Targets initiative (SBTi).
Nexans. Electrify the future.
Nexans is listed on Euronext Paris, compartment
A.For more information, please visit
www.nexans.com
Contacts:
Investor
relations Elodie Robbe-MouillotTel.:
+33 (0)1 78 15 03 87elodie.robbe-mouillot@nexans.com |
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