The $140m contract, signed with Hainan Second Cross-Sea Interconnection Tie Project Management, will create a second interconnection to the island across the Qiongzhou Strait.
“This new award is the first extra HV submarine cable project that Prysmian will execute in the People’s Republic of China”, states Prysmian senior vice president of energy projects Massimo Battaini.
“This contract has strategic value due to being awarded in China, a market with high growth potential, which is investing RMB11.1trn
