Nexans bullish on Europe offshore wind

Submarine cable company Nexans is bullish about the long-term potential of the European offshore wind sector.

The company estimates it has up to a 25 per cent share of the 27 GW of capacity it says is currently under construction in European waters.

Speaking at a media briefing in London, Morten Langnes, Nexans’ submarine high voltage cable sales manager, said: “Europe is our biggest market – in terms of offshore wind, it’s everything for us.”

He said the sector was “booming” and added that “as long as it like this, there’s no point in trying to go anywhere else”.

“Momentum in the European market is still strong – and we see it staying very strong for another 10 years at least.”

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...