on MERSEN (EPA:MRN)
Mersen Secures Significant HVDC Orders in Europe and Middle East
Mersen, a leader in electrical power and advanced materials, announced orders exceeding €35 million. These orders come from major players in high voltage direct current (HVDC) technology for long-distance power transmission. The projects involve connecting future offshore wind farms in the North Sea and Baltic Sea to German and Dutch electricity networks. Mersen will supply crucial components like cooling devices, fuses, and busbars for conversion stations. Additionally, similar orders have been placed for projects in the Middle East.
Deliveries began in early 2025, with €7 million in components already dispatched, continuing through 2026. The CEO of Mersen, Luc Themelin, stated that the power conversion station market is projected to surpass US$15 billion by 2030, growing annually at 4.8% from 2025 to 2030. This trend underlines Mersen's strategic position in a flourishing sector, especially as demand for custom-designed, reliable components increases to meet rigorous technological specifications.
R. H.
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