Prysmian has cancelled plans to build a subsea cable factory at Brayton Point in Somerset, Massachusetts, which was intended to support the US offshore wind market. The company cited the need to align ...
Prysmian has recently been in the spotlight for the high energy consumption required for AI data centers, through its ...
The global power cable manufacturer announced the plans for the manufacturing facility for subsea transmission cables in 2021 ...
Donald Trump's hatred of wind farms just killed a plan to build a factory that would have made parts for the farms, leading ...
The market for offshore wind is changing direction, and it's not blowing Somerset's way. How did its $300M Prysmian deal fall ...
Donald Trump’s anti-wind orders dealt the final blow, but Joe Biden’s permitting reform failure started the death spiral.
Somerset was set to earn up to $14 million a year in tax revenue from the canceled plant, which would've brought 250 jobs to ...