Growth of German onshore wind sector will normalise from 2020 – bank
Commerzbank
German wind power "will see a brief decline in 2019", but growth of the onshore sector is expected to normalise from 2020, writes the Commerzbank in its market assessments of the wind energy market. “We continue to observe a robust global expansion in renewable energies with a further decrease in production costs”, says Berthold Bonanni, head of the Energy unit at Commerzbank AG. Commerzbank has financed about 15 percent of the wind capacity in Germany to date, says the press release.
Find the press release in English here.
For background, read the CLEW dossiers Offshore wind power in Germany and Onshore wind power in Germany.
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