Wind power industry turnover reaches nearly 18 billion euros in Germany in 2016

The German wind power industry generated turnover of 17.7 billion euros in 2016, making it “the most important pillar in the green economy”, Germany’s Federal Statistical Office (Destatis) says in a press release. Manufacturing, installation and maintenance of wind turbines accounted for over a quarter of total revenue made with goods and services for environmental protection, Destatis says. With a share of 83 percent, the bulk of German wind power business is generated by onshore wind turbines, with the offshore wind industry accounting for a turnover of 3 billion euros in that year. More than 70 percent of all German business took place domestically, the statistical office says.

Find the press release in German here.

See the CLEW factsheets on Onshore wind power and Offshore wind power in Germany for background.