It is estimated to grow at a CAGR of 6. 4% from 2021 to 2028. Countries such as Taiwan and Japan have set high goals for renewable energy development in response to pressure on governments to stick to their climate change commitments.

New York, March 14, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Submarine Power Cable Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Conductor Material, Voltage, and Application" - https://www.reportlinker.com/p06244600/?utm_source=GNW The large-scale, fossil fuel-based power generation must be replaced as a part of the energy transition. Many governments have chosen offshore wind as the most practical alternative for achieving these goals.According to the Asia Wind Energy Association, the focus on wind power has sparked a frenzy of activity in the Asian offshore wind business in the last two years. The region is predicted to soon replace Europe as the largest offshore wind market. Since 2015, China’s offshore wind power generating capacity has expanded at the rate of 66% annually, from 102 MW in 2010 to 565 MW in 2014, and it further rose to 7.03 GW in 2019. It accounts for ~94% of the current operational offshore wind power generation of APAC and 31% of the world’s wind power capacity, with over 11 GW of offshore capacity installed as of January 2021. Such progress in the power and IT sectors contributing to the development and expansion of wind energy generation capacity is propelling the submarine power cable market in APAC. COVID-19 Impact on Submarine Power Cable Market According to the submarine power cable market research study, Brazil is the key country across this region for the procurement of submarine power cables that accounted for more than 85% of the market in 2020.Brazil has around 19 offshore oil rigs which are currently active and generate a lot of oil for their consumption & international export as well. In 2020, Brazil’s offshore oil platforms witnessed many challenges, such as shortage of labor, shutting down of facilities, government restrictions in the ongoing drilling operations, and supply chain challenges, as international trade was critically hampered worldwide, leading to a decline in the investments in submarine power cables across South America. This also led to a drop in offshore platform maintenance & repair operations across the region, limiting the submarine power cable market growth. The global submarine power cable market has been segmented into five key regions—North America, Europe, APAC, Middle East & Africa, and South America. Europe accounted for the largest share in the submarine power cable market in 2020. the European region homes the longest inter-connector: the NorNed cable between Norway and the Netherlands with 580 Km of submarine power cables. Currently, the UK has four major power interconnectors. These are bridging the power gap between the UK and France, Ireland, the Netherlands, and Northern Ireland. These lines have a total capacity of 4 gigawatts (GW) and account for around 5% of the UK’s current energy-producing capacity. Aside from the foregoing, there are plans for numerous island power lines and large interconnector cables in the region. NSN Link (Norway), Nemo Link (Belgium), Viking Link (Denmark), IceLink (Iceland), and the Western Link (England) are some of the projected interconnection plans for power transmission. These factors are expected to further contribute to the growth of the European submarine power cable market during the forecast period. A few submarine power cable market players profiled in the study are Prysmian Group, Sumitomo Corporation, Furukawa Electric Group, LS Cable & System Ltd., and ABB Ltd. The overall submarine power cable market size has been derived using primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information about the size of the submarine power cable. The process also serves the purpose of obtaining an overview and forecast of the submarine power cable market with respect to all the market segments.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. Participants typically involved in this process include industry experts, such as VPs, business development managers, market intelligence managers, national sales managers, external consultants, valuation experts, research analysts, and key opinion leaders, specializing in the submarine power cable market. Read the full report: https://www.reportlinker.com/p06244600/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

Indeed, investors are frustrated with T, but after AT&T's investor day last Monday, the opportunity appears too compelling at the current price prior to the Discovery deal closing. AT&T is set to split off Warner Bros to Discovery shareholders, which is likely to occur in mid-April. The transaction will give T shareholders 0.24 of a share of the new Warner Bros Discovery (with all current Discovery shares getting wrapped in) for each share of T. The value T is getting is extrapolated from the current value of DISCA, 71% of a $62 billion company, so at the current price of around $26 for DISCA, T holders have about $6/share in Warner Bros Discovery value.

Question: My son was studying in a pharmacy program and at the end of the last semester, the college kicked him out due to his non-performance in academics. The interest rates are from 8.5%, 5.5% and 4% (average is about 6.5%). Is there any way to reduce the interest rate?

The rouble ended below 100 per dollar, still down over 22% this year as Russia faces strict sanctions globally, triggered by its invasion of Ukraine late last month. European gas prices soared after Putin's shock announcement, on concerns the move would exacerbate the region's energy crunch. "It seems to be an effort by the Russian authorities to apply pressure on Western countries by forcing foreign buyers of Russian gas to use roubles, with the added benefit of supporting the value of the currency," said Liam Peach, Emerging Europe economist at Capital Economics in a client note.

The short answer to this question is, “Yes, provided you are prepared to accept a modest standard of living.” To get an an idea of what a 60-year-old individual with a $300,000 nest egg faces, our list of factors to check includes … Continue reading → The post Can I Retire at 60 With $300,000? appeared first on SmartAsset Blog.

(Bloomberg) -- In what looks increasingly like an uncharacteristic bout of bad timing, retail investors who hung tough during the selloff in January and February are now taking money off the table just as stocks are rallying.Most Read from BloombergPutin Adviser Chubais Quits Over Ukraine War, Leaves RussiaChina Plane Crash Update: Voice Recorder Sent for AnalysisWhere Mornings Would Get Darker Under Permanent Daylight Savings TimeChina Jet’s Nosedive From 29,000 Feet Baffles Crash SpecialistsCh

Recently, the Chinese EV space has been beset by several worrying developments. Morgan Stanley’s Tim Hsiao counts “geopolitical tensions, pervasive Covid curbs and ADR de-listing risks” which have further impacted EV start-ups already struggling with operational challenges such as disruptions to the supply of chips, batteries and other elements. Rising EV manufacturing costs which will result in higher prices could also mean EV sales will take a hit. However, given the “continuous innovation,” i

Some customers are threatening to boycott Home Depot over a handout explaining privilege to employees. Here’s what you need to know.

A Boeing 737-800 with 132 people on board crashed in southern China on Monday. Investors should keep a close eye on developments.

Vladimir Putin is forcing European nations to choose between propping up the rouble or cutting their lifeline to Russian gas.

Yahoo Finance Live's Julie Hyman and Brian Sozzi discuss quarterly earnings for Adobe, General Mills, and Poshmark.

Interest rates are heading higher, and that could be bad news for low-yielding stocks. Camping World Holdings (NYSE: CWH), Chesapeake Energy (NASDAQ: CHK), and Zim Integrated Shipping Services (NYSE: ZIM) should all be paying out at least 8% yields this year. Selling recreational vehicles (RVs) may not seem like a hotbed for income investors, but Camping World has beefed up its distributions since hitting the market with its first quarterly dividend more than five years ago.

Warren Buffett is channeling one long-held investing philosophy.

The history is very clear: At times like these, you need to stay the course, Jim Cramer told his Mad Money viewers Wednesday. As of Tuesday, the stock market had given back 50% of its gains since November. It's easy to be overwhelmed by the daily doom and gloom of everything that's going wrong, Cramer admitted.

“In the past few months we’ve already started seeing increases to the interest rates that banks are offering on deposit accounts, but it’s likely that we’ll see even more now that the Fed has announced a rate hike,” says Chanelle Bessette, banking specialist at Nerdwallet. Adds Ken Tumin, founder of DepositAcounts.com: “Several online banks have recently increased their savings account rates in the last two months, even before the first Fed rate hike,” adds Ken Tumin, founder of DepositAcounts.com — with potentially more increases to come, pros say.

Residential rental properties have been the most common investment option for most people wanting to build wealth through real estate investing. A modest savings account could cover the down payment on a single-family home in many parts of the country, and an ambitious investor could scale that first purchase into a multi-million dollar portfolio. Institutional investors mostly stayed out of the single-family housing market. Hedge funds and private equity firms historically maintained their focu

In this article, we discuss the 10 penny stocks that can explode in 2022. In order to skip our detailed analysis of penny stocks, go directly to 5 Penny Stocks That Can Explode in 2022. Small companies that have yet to prove their mettle, or struggling firms trading below $5 in the market, are called […]

Fed Chairman Jerome Powell this week said he could see a "soft landing" for the U.S. economy despite interest rate hikes. The chairman of Icahn Enteprises, Carl Icahn, disagrees.

Plug Power (NASDAQ: PLUG) is on fire this week. The stock shot up again today and was trading as high as 6.2% as of 12:20 p.m. ET. An analyst expects Plug Power stock to more than double in value as global interest in green hydrogen continues to gather steam. Morgan Stanley has been bullish about Plug Power stock for several months now.

(Bloomberg) -- Investors in China Evergrande Group are still in the dark over just how $2.1 billion of deposits at its property-services unit came to be used as security for pledge guarantees and seized by banks. Most Read from BloombergWhere Mornings Would Get Darker Under Permanent Daylight Savings TimeChina Jet’s Nosedive From 29,000 Feet Baffles Crash SpecialistsChina Plane Crash Update: One Black Box Located; Pilot DetailsUkraine Update: Zelenskiy Will Join NATO Summit Via Video LinkIn a ca

The cliché says, 'May you live in interesting times.' We certainly are, as far as the stock markets are concerned. The strong bull market of 2021 turned into a full-on correction as 2022 got underway, but an upturn this month has moderated the year-to-date losses. The main takeaway for investors is volatility; it remains to be seen if the March gains are here to stay, or just transitory. No matter which way the market goes, investors can always find a clear path forward in the stock reviews from