haven't added any back yet since the 1.50 stop out...but this makes things continue to look good
Composite Technology Announces Successful ACCC Conductor Installation at National Grid Testing Facility
Wednesday May 2, 11:01 am ET
IRVINE, Calif., May 2 /PRNewswire-FirstCall/ -- Composite Technology Corporation (CTC) (OTC Bulletin Board: CPTC - News) announced today that its subsidiary, CTC Cable has successfully completed its first double bundled installation at the National Grid's test facility in Eakring, Nottingham, United Kingdom. The double bundled assembly was installed with 400 kV insulators and corona rings on twin ACCC Vienna 620 square mm conductors manufactured at Lamifil n.v. in Belgium (www.lamifil.com). These European standard ACCC conductors are equivalent to the US Cardinal 1222 kcmil size. ACCC conductors have been under evaluation by National Grid since 2005 and this installation forms part of the field installation testing part of the ACCC type registration process. CTC is introducing the ACCC conductors into the UK and Irish markets through a subsidiary of Babcock Networks "EVE Group". ACCC conductors are under consideration for their high current capacity, thermal stability, and improved electrical throughput and resistance.
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Chris Morgan, Supplier Chain Technical Manager for Babcock Networks Ltd / EVE Transmission Division commented: "ACCC conductors can enable transmission operators to increase current capacity on their lines with minimal changes to supporting structures, reducing capital expense. National Grid has been at the forefront of the introduction of High Temperature Low Sag (HTLS) conductors in the UK and we are pleased to be working with CTC on the type registration of its HTLS ACCC conductors."
Graham Mill, Technical Support Engineer for Babcock Networks Ltd / EVE Transmission Division said: "The installation went very smoothly. The linemen were impressed with the quality of the ACCC conductor and also how easily the dead-end and splice connections could be installed."
Dominic Majendie, Vice President of International Marketing for CTC Cable Corporation, said: "This installation was an important milestone for the commercial deployment of the ACCC conductor in the European market. We are very pleased with the efforts National Grid and EVE Group have made in studying the attributes of the ACCC conductor, and look forward to its deployment on the electricity network in the coming months." |
