Covestro and Tekmar sign OWF deal

19 August 2016

Covestro and Tekmar Energy Ltd have signed a co-operation agreement on a high-performance and durable subsea cable protection for the China Offshore Wind Farm (OWF) market. This market is set to grow towards 10gW of capacity within the next three to five years. Once operational, China’s OWF capacity will be one of the world’s largest in terms of size and production output, surpassing the scale of the entire existing and planned European production capacity in volume.

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