Europe's largest wind market tackling current challenges, expects
BERLIN AND ATLANTA, June 1, 2012 /CNW/ - Last week an initial
breakthrough was made to further accelerate Germany's shift to
renewable energy. The country's four major grid operators provided the
German government with a new plan for a major grid expansion. The
government is reviewing the plan and has recently intensified
high-level meetings among national and state-level players. Germany Trade & Invest experts will attend this year's AWEA Windpower from June 3-6 in Atlanta
to share the latest business opportunities in the German industry.
"Germany has one of the most extensive wind energy industries in the
world. Efforts to remove obstacles underscore the political and public
support for renewable energy in Germany. This will allow the expansion
of wind energy to continue to grow, leading to excellent business
opportunities," stated Esther Frey, wind energy expert at Germany Trade & Invest in Berlin.
Over 20 percent of all electricity in Germany comes from renewable
energy. Of this, wind makes up the largest share. With Germany's
decision to abandon nuclear energy completely, wind energy - especially
from offshore wind farms - is set to play an increasingly important
"Despite ongoing issues with offshore grid connections, it is an
excellent time to invest in Germany. Problems are being addressed and
the long-term strategy is taking shape. At the same time, companies are
embarking into uncharted territory with new innovations," continued
Just last month, German energy giant RWE christened a new ship used to
install offshore wind turbines in deep water.
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the
Federal Republic of Germany. The organization advises foreign companies
looking to expand their business activities in the German market. It
provides information on foreign trade to German companies that seek to
enter foreign markets.
SOURCE Germany Trade and Invest
For further information:
Germany Trade & Invest