Monna Lisa cable laying vessel (CLV), built by Norwegian shipbuilder Vard, has joined Prysmian’s fleet.The 171-meter-long CLV ...

Italy's Prysmian will abandon a plan to build a plant in the United States to make cables for offshore wind parks, the group said in a statement seen by Reuters on Tuesday, even as it expands its ...

SOMERSET — The loss of a $300 million Prysmian Group undersea cable factory last week signaled a reverse in the development of Brayton Point Commerce Center, coming as a shock to residents’ ex ...

“Somerset is hurting. I mean, really hurting.” Haddad said Prysmian will now have to manufacture cable for future offshore wind projects at overseas plants in Italy and Finland, as well as a ...

Italian cable maker Prysmian has finally pulled the plug on its planned manufacturing facility at Brayton Point, Massachusetts after three long years of public pushback and rising market uncertainty, ...

SOMERSET — Prysmian Group announced Friday it has decided to abandon its plans to locate a manufacturing plant in Somerset, where it would have built undersea cables for wind farms.

Subsea cables, the backbone of our communications and energy, are enormous: nose to tail, they’d wrap round the globe 37 ...

Companies that committed to investments in U.S. offshore wind infrastructure and supply chains are scrapping their plans as ...

Trump cuts funding to offshore wind projects.Thousands of planned jobs and billions of dollars in investments hang in the ...

Iberdrola has announced the start of construction on the Eastern Green Link 1 subsea electricity superhighway project between ...