Submarine power cable

Submarine Power Cable Market worth $22.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 2, 2023

Based on end use, the Submarine Power Cable Market has been split into Offshore Wind Power Generation, Inter-country & Island Connection, and Offshore Oil & Gas.

Key Points: 
  • Based on end use, the Submarine Power Cable Market has been split into Offshore Wind Power Generation, Inter-country & Island Connection, and Offshore Oil & Gas.
  • The Offshore Wind Power Generation segment is growing in the Submarine Power Cable Market due to abundant wind resources near coastlines, proximity to urban centers, reduced environmental impact, and government support for renewable energy.
  • Submarine power cables are vital for connecting offshore wind farms to the grid, facilitating this growth and promoting clean energy adoption.
  • This report segments the Submarine Power Cable Market based on core into two segments: single core, and multi core.

Submarine Power Cable Market worth $22.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, October 2, 2023

Based on end use, the Submarine Power Cable Market has been split into Offshore Wind Power Generation, Inter-country & Island Connection, and Offshore Oil & Gas.

Key Points: 
  • Based on end use, the Submarine Power Cable Market has been split into Offshore Wind Power Generation, Inter-country & Island Connection, and Offshore Oil & Gas.
  • The Offshore Wind Power Generation segment is growing in the Submarine Power Cable Market due to abundant wind resources near coastlines, proximity to urban centers, reduced environmental impact, and government support for renewable energy.
  • Submarine power cables are vital for connecting offshore wind farms to the grid, facilitating this growth and promoting clean energy adoption.
  • This report segments the Submarine Power Cable Market based on core into two segments: single core, and multi core.

Launch of HIP Atlantic Project and World-Leading Power Cable Plant in Northeast England

Retrieved on: 
Friday, May 21, 2021

b'CHICAGO and LONDON, May 21, 2021 /PRNewswire/ --Hecate Independent Power Limited ("HIP") announces the launch of its HIP Atlantic Project for installing 10,000 MW of fixed and floating wind turbines in the North Atlantic connected to the United Kingdom by long-length, high-capacity, high-voltage direct current (HVDC) submarine power transmission cables.

Key Points: 
  • b'CHICAGO and LONDON, May 21, 2021 /PRNewswire/ --Hecate Independent Power Limited ("HIP") announces the launch of its HIP Atlantic Project for installing 10,000 MW of fixed and floating wind turbines in the North Atlantic connected to the United Kingdom by long-length, high-capacity, high-voltage direct current (HVDC) submarine power transmission cables.
  • These cables are to be manufactured in the United Kingdom at a 200 million (US $277 million) bespoke power cable plant to be built at a port in the northeast of England.
  • Each wind farm or pod - will be in a different North Atlantic location, and each pod consisting of 1,000 MW of wind turbines will have its own dedicated cable linked to the United Kingdom.
  • These will be the largest dedicated power cable vessels in operation in the world today that will be largely operated by British crews.\n'

Angola Cables Boosts Capacity on MONET Submarine Cable Network with Ciena

Retrieved on: 
Thursday, May 6, 2021

b'Angola Cables , a multinational telecommunications and digital solutions provider, has upgraded its MONET submarine cable network using Ciena \xe2\x80\x99s (NYSE: CIEN) GeoMesh , powered by WaveLogic Ai coherent optical technology, to provide more capacity and lower latency to satisfy surging digital demands.\nAngola Cables has an extensive network connecting North America, South America, Africa, and Europe through its MONET submarine cable network, South Atlantic Cable System (SACS), and West Africa Cable System (WACS) .

Key Points: 
  • b'Angola Cables , a multinational telecommunications and digital solutions provider, has upgraded its MONET submarine cable network using Ciena \xe2\x80\x99s (NYSE: CIEN) GeoMesh , powered by WaveLogic Ai coherent optical technology, to provide more capacity and lower latency to satisfy surging digital demands.\nAngola Cables has an extensive network connecting North America, South America, Africa, and Europe through its MONET submarine cable network, South Atlantic Cable System (SACS), and West Africa Cable System (WACS) .
  • With Ciena\xe2\x80\x99s GeoMesh, Angola Cables added 2.2 Tbps of capacity to segments in the MONET network connecting Miami, Fortaleza, and S\xc3\xa3o Paulo to enhance the performance of bandwidth-intensive cloud-based services.
  • With a robust subsea cable infrastructure and highly interconnected IP network, Angola Cables offers customers greater access to the world\xe2\x80\x99s largest IXP\xc2\xb4s, Tier 1 operators and global content providers.
  • Through SACS, Monet and WACS submarine cable systems the company directly connects the Americas, Africa, and Europe and has established partnerships to reach Asia.

Xtera Announces Supply Contract In-Force for the New GigNet-1 Subsea Cable System Between Florida and Cancun, Mexico

Retrieved on: 
Wednesday, May 5, 2021

b'ALLEN, Texas, May 05, 2021 (GLOBE NEWSWIRE) -- Xtera, Inc., a provider of innovative subsea fiber optic solutions, is pleased to announce that the Engineering, Procurement, and Construction (EPC) contract is now in force for the GigNet-1 subsea system between Florida and Cancun, Mexico.

Key Points: 
  • b'ALLEN, Texas, May 05, 2021 (GLOBE NEWSWIRE) -- Xtera, Inc., a provider of innovative subsea fiber optic solutions, is pleased to announce that the Engineering, Procurement, and Construction (EPC) contract is now in force for the GigNet-1 subsea system between Florida and Cancun, Mexico.
  • The GigNet-1 cable has been developed to date by FB Submarine Partners LLC.
  • It further demonstrates the effectiveness of Xtera\xe2\x80\x99s core technology; our submarine turnkey solution offering, utilizing our industry-leading high-capacity repeater as well as the proficiency of our expert team.
  • Xtera was selected to serve as the primary EPC contractor based on their extensive qualifications and their outstanding track record of subsea cable system deployments.

European Subsea Cables Conference - Call for Papers

Retrieved on: 
Thursday, February 25, 2021

The European Subsea Cables Association (ESCA), the European trade association for submarine power and telecommunications cables announces that its next bi-annual Plenary will be held virtually 21st to 22nd April 2021.

Key Points: 
  • The European Subsea Cables Association (ESCA), the European trade association for submarine power and telecommunications cables announces that its next bi-annual Plenary will be held virtually 21st to 22nd April 2021.
  • To this end ESCA now seeks abstracts on related topics, noting final papers must be technically correct and should be of interest to ESCA Members that will be attending the Plenary.
  • The European Subsea Cables Association is a forum of over 60 national and international companies which own, operate or service submarine cables in European and surrounding waters.
  • The principal goal of ESCA is the promotion of marine safety and the safeguarding of submarine cables from man-made and natural hazards.

$ 1.08 Billion Growth in Submarine Power Cable Market During 2020-2024 | Featuring ABB Ltd. and Anixter International Inc. Among Others | Technavio

Retrieved on: 
Wednesday, January 27, 2021

The report offers competitive intelligence about market leaders, key industry opportunities, trends, and threats impacting the growth of the market.

Key Points: 
  • The report offers competitive intelligence about market leaders, key industry opportunities, trends, and threats impacting the growth of the market.
  • Download Our Free Sample Report to Know More
    The submarine power cable market is driven by growing wind power generation capacity.
  • In addition, rising global energy demand is anticipated to boost the growth of the submarine power cable market.
  • Submarine Power Cable Market End-user Outlook (Revenue, USD Billion, 2019-2024)
    Submarine Power Cable Market Geography Outlook (Revenue, USD Billion, 2019-2024)
    Are you a start-up willing to make it big in the business?

Pioneer Consulting Advises Crown Estate Scotland on Subsea Telecommunications to Better Position Scotland on the International Connectivity Landscape

Retrieved on: 
Tuesday, January 26, 2021

BOSTON and EDINBURGH, Scotland, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Pioneer Consulting , the full-service submarine fiber optic telecommunications consulting and project management company, announces it has recently completed a Subsea Telecommunications Cables Market Analysis commissioned by Crown Estate Scotland .

Key Points: 
  • BOSTON and EDINBURGH, Scotland, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Pioneer Consulting , the full-service submarine fiber optic telecommunications consulting and project management company, announces it has recently completed a Subsea Telecommunications Cables Market Analysis commissioned by Crown Estate Scotland .
  • Pioneer Consulting was contracted by Crown Estate Scotland to deliver a comprehensive analysis of Scotland's subsea telecommunications infrastructure and potential market future.The international consulting company analyzed the key challenges the country faces in this sector, including comparatively high frequency of subsea cable repairs.
  • The analysis also included the current process of obtaining a marine license for a subsea telecommunications cable in Scottish waters.
  • We are honored to have worked with Crown Estate Scotland on this timely, critical research, said Iain Ritson, Project Manager and Director of Client Solutions at Pioneer Consulting.

Interxion: A Digital Realty Company Collaborates With PCCW Global To Deliver Submarine Cable Gateway To Europe

Retrieved on: 
Friday, January 15, 2021

The high-speed, 15,000km PEACE subsea cable system will offer high capacity, low-latency routes connecting China, Europe and Africa.

Key Points: 
  • The high-speed, 15,000km PEACE subsea cable system will offer high capacity, low-latency routes connecting China, Europe and Africa.
  • The collaboration represents a strategic expansion of both PlatformDIGITAL and Console Connect, PCCW Global's Software Defined Interconnection platform.
  • Interxion: A Digital Realty Company, is a leading provider of carrier- and cloud-neutral data centre solutions across EMEA.
  • PEACE submarine cable system, connecting Asia, Africa and Europe, provides an open, flexible and carrier-neutral services for its customers.

Aqua Comms Launches AEC-2, its Second Trans-Atlantic System

Retrieved on: 
Tuesday, December 1, 2020

Aqua Comms DAC (Aqua Comms), the operator of Irelands first dedicated subsea fibre-optic network interconnecting New York, Dublin and London, announces the successful launch of AEC-2 (America Europe Connect-2), the companys second Trans-Atlantic subsea cable system.

Key Points: 
  • Aqua Comms DAC (Aqua Comms), the operator of Irelands first dedicated subsea fibre-optic network interconnecting New York, Dublin and London, announces the successful launch of AEC-2 (America Europe Connect-2), the companys second Trans-Atlantic subsea cable system.
  • The new system perfectly complements Aqua Comms existing AEC-1 (America Europe Connect-1) cable which went Ready for Service in 2016.
  • As part of Aqua Comms expansion in the North Atlantic and across the globe, we are delighted to launch our second Trans-Atlantic cable, AEC-2, providing a new and diverse route that supports the critical data centre markets in the US and Northern Europe, comments Nigel Bayliff , Chief Executive Officer of Aqua Comms.
  • To learn more about Aqua Comms and its portfolio of subsea cable systems visit www.aquacomms.com .