The cooperation between Georgia and the World Bank, as well as projects implemented both in public and private sectors of the country with the latter’s support were discussed on Wednesday between the Georgian Finance Minister Lasha Khutsishvili and Antonella Bassani, the Vice President of the World Bank for the Europe and Central Asia.
A submarine power cable to the UK or the European continent is a potential win-win project for both Iceland and the receiving country in Europe stated Mr. Magnus Bjarnason, EVP Marketing and Business Development for Iceland’s leading renewable energy company, Landsvirkjun, at the Submarine Power Cable & Interconnection Forum in Amsterdam today.
The submarine power cable market size is projected to grow from $7.64 billion in 2021 to $11.82 billion by 2028. It is estimated to grow at a CAGR of 6.4%.