Prysmian Group has signed an agreement worth approximately €900 million with Clean Path New York to provide submarine and land power cable systems for the Clean Path New York energy project.
Under the terms of the agreement, Prysmian Group will be responsible for the design, manufacture, construction, installation, and commissioning of Clean Path New York’s HVDC (high-voltage direct current) 400 KV single core cable system with XLPE insulation, conditional upon Clean Path New York issuing its notice to proceed in Spring 2024. Clean Path New York is an $11 billion renewable energy project comprising 3,800 MW of wind and solar power from more than 20 new wind and solar generation resources and a new 175-mile, underground and submarine transmission link. Together, these assets will enable the delivery of more than 7.5 million megawatt-hours of energy every year. Clean Path New York is a public-private collaboration between Invenergy, energyRe, and the New York Power Authority.
