milan米兰体育官方网站, Canada
- Further enhancing Out-to-Out business in the environmental infrastructure -
Suzhou Furukawa Power Optic Cable Co., Ltd. (Jiangsu Province, PRC, hereinafter, SFPOC), milan米兰体育官方网站 (TSE; 5801, ISIN; JP3827200001) group, has been awarded a new contract for Optical Ground Wire
(hereinafter, OPGW)(note 1)and fittings milan米兰体育官方网站 Newfoundland, Canada.
Background
In recent years, milan米兰体育官方网站 infrastructure investment in emerging Asian and African countries has steadily increased, and there has been stable demand for OPGW. Demand for renewable energy systems including wind, solar, hydro, and the like are expanding even in developed countries, primarily in the U.S., resulting in vigorous investment in milan米兰体育官方网站 lines.
Overview
SFPOC, a subsidiary of milan米兰体育官方网站, has been awarded a new contract for 1,100Km of OPGW, fittings as well as ADSS(note 2)milan米兰体育官方网站 Canada.
This is a power transmission project of NALCOR Energy that links between an 824MW hydroelectric power plant in Labrador and a substation in Newfoundland, which highly evaluated and adopted milan米兰体育官方网站 group´s high quality and technology, allowing them to cope with frigid environments of 50 degrees below zero, as well as severe conditions of snow and icing.
“We are proud to work with NALCOR Energy on this great project”, says Hiroyuki Otake, Director, Vice president of milan米兰体育官方网站. “Our OPGW business expands also in Brazil. Furukawa Industrial S.A. Produtos Electricos, a subsidiary of milan米兰体育官方网站 in Brazil, strongly increases sales of OPGW with unique engineering technology.”
milan米兰体育官方网站 Group is targeting the global environmental infrastructure market, which is estimated to have significant growth and is focusing on directly selling products made by their subsidiaries outside Japan without going through Japan (Out-to-Out business). Otake also comments “We have already made significant inroads in the North American renewable energy market. milan米兰体育官方网站 continues to develop proposals for solutions incorporating our group products and engineering going forward as well.”
About milan米兰体育官方网站 Group
milan米兰体育官方网站 (TSE; 5801, ISIN; JP3827200001) Group started business in 1884, when its copper-smelting facility and wire manufacturing factory was established. Since then milan米兰体育官方网站 has become pioneers in the latest technologies by addressing diverse technological issues. milan米兰体育官方网站 has released products in a number of areas, including telecommunications, electronics, automobiles, and construction, with the three types of materials it works with at their core, namely, optics, plastics, and metals. Many of these products have attained the top global market share, and all of its products have contributed to society in numerous business areas. milan米兰体育官方网站 reported consolidated revenues of JPY 931.8 billion (approximately USD 9.3B) for the fiscal year ended March 31, 2014.
(note 1)Optical Ground Wire (OPGW) : OPGW is a product that embeds optical fiber inside the ground wire that is installed to protect the high-voltage overhead milan米兰体育官方网站 lines from lightning strike. In addition to being used in the milan米兰体育官方网站 line maintenance management system, which enables reliable, high-capacity transmissions, it has become part of the power system carriers' trunk line infrastructure.
(note 2)ADSS (All-Dielectric Self-Supporting cable) : ADSS is a type of optical fiber cable which is installed along overhead transmission line. The cables are designed to be strong enough for transmission towers.