Posted by: Windfair Editors
Prysmian announces investment plans for digitalisation and energy transition
Official Press Release Prysmian Group:
Prysmian Group speeds up innovation with the support of EIB (European Investment Bank) and undertakes new projects in the areas of ultra-rapid telecom networks and smarter, more sustainable power grids
€135 million financing dedicated to R&D activities / "Cable technology is a key enabler to face the challenges of digitalisation and energy transition", explains Srini Siripurapu, Chief R&D and Innovation Officer Prysmian Group
The European Investment Bank (EIB) and Prysmian Group, world leader in the energy and telecom cable systems industry announce that they have finalised financing of €135 million intended to support the Group’s 2021-2024 R&D plans in Europe. Specifically, the areas that will benefit from EIB financing are: Industrial research: research on innovative materials also involving the use of nanotechnologies, systems for the monitoring and management of land and submarine power grids and of low voltage power systems, new... ... More: Official Press Release Prysmian Group
- Keywords:
- Prysmian, financing, EIB, sustainable, power grid, investment, telecom cables, cables, plans, Europe, R&D
