“Situation in wind power industry comes to a head”
More than 40 percent of work council representatives in the German wind power sector expect market conditions to deteriorate, trade union IG Metall Coast says in a press release. In a survey of wind power companies, around a quarter of respondents said they expected layoffs and production plant closures. “The share of companies with a negative business outlook has significantly increased compared to previous years," the press release says. Some companies said they expected to have to axe around 20 percent of their workforce. Many also complained that the recently introduced renewables auction system and its rules for citizen energy projects made matters worse, as flexible implementation time limits reduced planning security.
Find the press release in German here.
See the CLEW factsheet German onshore wind power – output, business and perspectives for more information.