Falgunimmr03 Jan, 2025Other
Key factors contributing to the market's growth include large-scale infrastructure development plans, increased investments in power generation projects, revamping of energy infrastructure in mature economies, and technological advancements in cabling applications. For instance, the U.S. plans to invest USD 57 billion by 2030 to develop up to 30 gigawatts (GW) of offshore wind, partially driven by a short-term extension of a production tax credit for wind projects .
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