Wind power companies should not bet on German market alone – opinion
German wind power companies should not repeat the solar industry’s mistakes, and need to focus more on international markets, Kathrin Witsch writes in an opinion piece for Handelsblatt. Germany’s renewables auction system and a general drop in support payments have hit the industry hard, and companies must not wait for government to improve their situation. It may be too late for some companies who bet on government support for too long to recover, she adds.
Read the opinion piece in German here.
For background, read the news digest item German wind power market faces severe slump in expansion – report, and the CLEW factsheets on Germany’s onshore and offshore wind energy industry.