Germany Must Invest €496 Billion in the Power Grid by 2045. As the Global Market Leader in Power Cables, PRYSMIAN is Ready to Benefit!

Estimates have shown that Germany will have to invest €496 billion in the electricity grid by 2045 in order to manage the energy transition. As the global market leader in power cables, Prysmian should grow successively over the next few years and receive many large orders! According to the HRI and EWI, huge investments will be necessary for Germany to achieve the energy transition by 2045. €496 billion alone will flow into the expansion of the electricity grids, such as distribution grids and the transmission grids for onshore and...