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The Week in Germany: Business and Technology

February 23, 2007

German Companies World Leaders in Renewable Energies

German companies are the world leaders in renewable energies, according to a German newspaper. Germany's renewable energy sector exported installations worth 6 billion euros ($7.9 billion) in 2006, as opposed to exports of only 500 million euros in 2000, the Frankfurter Allgemeine Sonntagszeitung (FAS) Sunday weekly newspaper wrote, quoting figures from the German Renewable Energy Federation.

The sector intends to grow by 10 percent each year and to reach turnover of around 120 billion euros by 2010. Currently turnover stands at around 16.4 billion euros. The sector also aims to increase the number of workers in the field - now around 170,000 - to 500,000 by 2010, the paper wrote.

Companies in "Hamburg, Husum, Thalheim and Freiburg are the stars in the production of solar cells, windmills and biofuel plants," according to the FAS.

One-third of the hydroelectric installations worldwide come from the German company Voith from Heidesheim, and nearly every other windmill and every third solar cell were made in Germany, the paper wrote. Thirty-four percent of the cells were exported.

The paper credited Germany's previous government of Social Democrats and Greens with fostering renewable energies, but said the breakthrough in the field was a result of the worldwide debate about climate change and concerns about Russia supplying energy to Europe. (Source: Federal Foreign Office, using www.dw-world.de material dated 20 February 2007)

Links:

Federal Environment Ministry on Renewable Energy

EU Energy Plan Heralds 'Industrial Revolution'
(TWIG, Jan. 12, 2007)

Year in Review: Business & Technology
(TWIG, Dec. 22, 2006)

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