The Scottish based provider of subsea cables and connectors, Hydro Group, has invested £0.5m in equipping its recently launched premises at Aberdeen Science and Energy Park. Thanks to this, the Group’s turnover will increase by up to 20%.
Hydro Group’s Managing Director, Doug Whyte, commented, “The new equipment will enable us to increase our capabilities as it will allow us to make cables of higher technical specification.$quot; He added, $quot;Our scope of work to the buoyant and rapidly growing renewable market will increase. The majority of projects require dynamic optical power cables that we were previously unable to manufacture. In the past we had to subcontract or limit our scope of supply, now we will be able to provide and supply the complete solution.”
The specifically designed cable layup machine is equipped to handle short power cables and can be used for the marine renewable sector. The device can also produce cables up to 110mm in diameter, which is an increase on the company’s current capacity of up to 61mm. Furthermore, the heightened capacity also enables cable to run from current subsea bundles of up to 10,000m depending on the component diameters.
The new equipment is expected to allow the company to meet its growing demand, and as a result the firm predicts increased turnover of 20%. Whyte continued, “Keeping up to date with technological advances is essential for our continued success in the subsea and renewable energy sectors. This focus has, and will continue to greatly aid our successful international expansion, leaving us well placed to move forward with growth plans set out over the next four years – which include increasing our workforce locally.”