Increasing Investments in Renewable Energy Projects Boosting the Global Power Cable Market
The renewable energy generation capacity has grown due to encouraging policies of various governments, incentives and rebates and this has led to a significant increase in the share of renewables and alternative sources of energy in the global energy market. More than half of the projects are driven by an increase in the renewable energy capacity as national utility companies are connecting with offshore wind farms. For instance, the Thornton Bank and the Thanet offshore wind farms are linked to...
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