Australian energy company Prysmian Group has been awarded a $647 million contract to install Australia’s Green Interconnector, a major renewable energy project. The project aims to connect South Australia’s electricity grid with New South Wales’, allowing for the transmission of renewable energy between the two states.
The interconnector is expected to play a key role in Australia’s transition to a low-carbon energy system. It will help to increase energy security and reliability by allowing for the sharing of renewable energy resources between the two states. This will help to reduce the reliance on fossil fuels and move towards a more sustainable energy future.
Prysmian Group will be responsible for the design, supply, and installation of the interconnector, which will include nearly 900 kilometers of high-voltage cables. The project is expected to be completed by 2023 and will create hundreds of jobs in the region.
The awarding of the contract to Prysmian Group is a significant milestone for the company, which has a strong track record in the energy sector. The company’s expertise in renewable energy projects and its commitment to sustainability were key factors in securing the contract.
The Green Interconnector is part of Australia’s broader efforts to reduce greenhouse gas emissions and transition to a more sustainable energy system. The project will help to support the growth of renewable energy in the country and contribute to the global fight against climate change.
Overall, the Green Interconnector project represents a major step forward in Australia’s renewable energy transition and highlights the country’s commitment to a more sustainable future. Prysmian Group’s involvement in the project is a testament to the company’s leadership in the energy sector and its dedication to driving positive change.
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