The construction of global communication networks has entered a new era, particularly with the deployment of submarine cables connecting East Africa, the Middle East, Asia, and Europe. The Africa-1 cable, one of the most critical submarine communication hubs today, has successfully landed at Ras Ghareb in Egypt. This project, led … Read more
As winter approaches, energy demand across Europe is rising, and the European Union (EU) is stepping up its support to Ukraine and Moldova to help secure their energy supply during the colder months. On December 1, the European Network of Transmission System Operators for Electricity (ENTSO-E) confirmed an increase in … Read more
Recently, the Brazilian government issued a public announcement stating that it had reviewed a series of matters and decided to implement corresponding measures such as reducing or exempting import tariffs, increasing import tariffs, and imposing anti-dumping duties on the relevant products respectively. I. Basic content of the announcement In order … Read more
In the forefront of power transmission technology, the innovative research, development, and application of the 750-kilovolt (kV) ultra-high voltage (UHV) cable system have garnered considerable attention. Background and Overview Recently, China Three Gorges Construction Group, in collaboration with enterprises such as Qingdao Han Cable Co., Changzhou Cable Technology, and the … Read more
The global shift towards clean energy has accelerated dramatically in recent years as nations strive to combat climate change and reduce greenhouse gas emissions. By 2025, the clean energy industry is projected to reach new heights, driven by technological advancements, policy changes, and an increasing demand for sustainable power sources. … Read more
To further boost the development of fiber optic and 5G networks, the European Commission plans to invest EUR 865 million in these two areas over the next three years and has opened a call for proposals on how to use this money efficiently. The commitment is part of the European … Read more
Hurricane Milton struck the U.S. on October 9, 2024, causing widespread devastation across Florida, leaving millions without power. The Category 3 hurricane unleashed heavy rainfall, tornadoes, and severe flooding, severely impacting the state’s electric grid. As of October 13, more than 517,000 homes and businesses are still without electricity, particularly … Read more
In recent years, interest rate decisions made by the Federal Reserve have had significant implications across various sectors of the economy. One sector that feels these changes acutely is the power industry, which is closely tied to both domestic and international financial markets. This article will explore how cuts in dollar interest rates influence the power sector, particularly regarding investment, operational costs, and the dynamics of power imports and exports.
Malaysian cable construction company OMS has set aside $300 million to invest in new cable systems and expand its core business. The privately held company said the significant growth in demand for data centers and clouds, as well as high utilization of existing cables, “urgently requires the expansion of our … Read more
Since copper has become a necessity in people’s lives, copper prices have also become the focus of some enthusiasts and business people’s daily production concerns. According to ZMS team data, Shanghai copper fell back from its high level some time ago. The current month contract weekly average settlement price of … Read more
