NKT has now fully integrated SolidAI to meet growing demands for renewable energy
NKT announces the rebranding of SolidAl to NKT, marking the next step in the successful integration of the medium- and high-voltage power cable factory in Esposende, Portugal. Another step in the process of meeting the robust demand from grid upgrades and renewable Energy projects across Europe.
NKT has now fully integrated SolidAI to meet growing demands for renewable energy
NKT announces the rebranding of SolidAl to NKT, marking the next step in the successful integration of the medium- and high-voltage power cable factory in Esposende, Portugal. Another step in the process of meeting the robust demand from grid upgrades and renewable Energy projects across Europe.
By unifying under one global brand, NKT is better positioned to deliver end-to-end solutions to customers in the power grid industry as they continue to upgrade and strengthen Europe’s ageing grid.
As the electrification of society continues to increase, Europe’s aging power grid is in substantial need of an upgrade. According to the International Energy Agency, investment in power grids needs to double by 2030 to support the necessary upgrades. Strengthening NKT’s footprint and offerings under one brand across Europe, while also investing to increase capacity and capabilities across multiple sites, will play a central role in supplying the necessary medium- and high-voltage power cables to modernise and connect Europe’s power grid,” says Carlos Fernandez, Executive Vice President, Head of Applications, NKT.
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