Subsea Power Cables Market to Hit £1.1B by 2023

Subsea power cables market will grow by 57% from £717 million this year to over £1.13 billion by 2023, according to a new report by RenewableUK. According to RenewableUK’s Project Intelligence team which compiled the report, global offshore wind capacity will skyrocket from 20.5 gigawatts (GW) today to over 55GW in 2024, largely driven by … Continue reading Subsea Power Cables Market to Hit £1.1B by 2023