Taihan Cable & Solution (Taihan) reported winning a contract from Germany’s TenneT and another for the Yeonggwang Nakwol offshore wind farm in South Korea.

A press release said that Taihan won a contract from Germany’s TenneT to supply it EHV power cable in a deal worth about US$45 million. The project calls for 380kV underground cables that will be used to expand the transmission network for power generation. Taihan will supply the EHV cables and cable accessories, and be responsible for the power network design, cable laying, connection and testing. Taihan previously won two projects in Germany’s HV cable market worth US$52.4 million.

Taihan also reported that it has won a contract worth approximately $75 million to supply subsea cables for the 365 MW Yeonggwang Nakwol offshore wind farm in South Korea. Per multiple media reports, the order is for inter-array subsea cables that will connect 64 offshore wind turbines installed at the wind farm, and the cables connecting them with a new substation on Songi Island.

The cables will be made at Taihan’s Dangjin plant. Last October, the company was a preferred subsea cables supplier for the 532 MW Anma offshore wind project.

“With the Yeonggwang Nakwol project, we will contribute to the stabilization of the subsea cable supply chain by actively participating in various offshore wind power projects being advanced in Korea, and increase export competitiveness by using it as a stepping stone for expansion into the growing offshore wind power market in Europe and the United States,” Taihan said.

Brazil’s Aço Cearense Group’s Siderúrgica Norte Brasil (Sinobras) has officially produced the first steel coil at its rolling mill #2 in Marabá, Pará state, Brazil.

A press release said that Sinobras invested in the new mill from Italy’s Danieli to increase its annual production capacity from 380,000 tons to 850,000 tons per year of wire rod and spooled rebar in coils. The mill features an innovative, full cantilever stand configuration with a total of 26 passes. It has 10 cantilever stands arranged in H/V configuration, followed by a series of Delta-type, fast-finishing blocks, with a 45° design, for the remaining 16 passes of the reduction sequence.

The new mill will produce wire rod from 5.5 to 16 mm, and rebar from 6.3 to 16 mm, at a maximum finishing speed of 110 m/s. The project includes a new substation and 230kV transmission line to meet the new electrical load needs of the steel producer and facilitate the use of energy from the Belo Monte Hydroelectric Plant, of which it is a partner as a self-producer.

Sinobras Industrial Director Milton Lima described the expansion as a transformative moment for the Group. “This achievement represents a significant milestone ... taking us to an even higher level. By doubling the size of Sinobras, we are not only expanding our operations, but we are also transforming our company into a powerhouse, generating new opportunities.

A press release said that it was scheduled to close the Chinse plant on Dec. 29, 2023, in Langfang, China, that became part of Southwire in 2016 following the company’s acquisition of Sumner. The location produced various lifts, jack stands, welding tools and more allowing Southwire to expand its tools and equipment business. That production will be relocated to third-party manufacturers.

The second plant, in Crestview, Florida, will close this year on Feb. 2. The business, previously known as American Elite Molding and acquired in 2020, produces nylon cable ties. That production will be relocated to Southwire’s facility in San Pedro Sula, Honduras to enable the organization to simplify and streamline similar manufacturing.

Prysmian Group reports that its sustainability leadership was confirmed once again in the prestigious Dow Jones Sustainability World Index (DJSI World) after the annual evaluation of companies’ sustainability practices performed by S&P Global through its prestigious Corporate Sustainability Assessment.

A press release said that in the 2023 edition, Prysmian ranked with top score in the ELQ Electrical Components & Equipment (ELC) sector, reaching excellence (100 points) in the environmental areas of Emissions, Resource Efficiency and Circularity, Waste, and Water, reaffirming its focus and attention on these topics.

Prysmian Group Chief Sustainability Officer and Group IR Vice President Maria Cristina Bifulco said that the results confirm the company’s commitment to sustainability as well as its role as a technological enabler of the energy transition and the digital transformation. “As a leader in our industry, we also feel responsible to promote impactful ESG initiatives across the value chain and beyond, adopting policies, taking actions and setting targets that are designed to create shared value for all our stakeholders.

Prysmian notes that sustainability is a key driver, fully integrated in the Group’s long-term vision and defined strategy underpinned by measurable KPIs that constitute its climate and social ambitions for 2030. Prysmian upgraded its intermediate sustainability KPIs for 2025-2027 and confirmed its Scope 1 and 2 Net Zero target for 2035 and its Scope 3 Net Zero target for 2050.