Prysmian Group, world leader in the energy and telecom cable systems industry, announces the obtainment of the Notice to Proceed for the approximately €200 million contract to supply a submarine power cable system for the Vineyard Wind 1 offshore wind farm. A milestone in the development of the offshore wind farm sector in the US, Vineyard will consist of an array of 62 wind turbines and will generate 800 megawatts of electricity annually and power over 400,000 homes.

Floating wind can play a major role in the world reaching carbon neutrality in the coming decades, but as a maturing technology there is not yet a standard implementation proven at commercial scale. 

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