11 Sep '12, 1pm

Germany's Clean-Technology Industry to More Than Double by 2025

Germany's Clean-Technology Industry to More Than Double by 2025

The volume of German companies in areas such as resource efficiency, sustainable transport and recycling will rise 125 percent to 674 billion euros ($862 billion), Roland Berger Strategy Consultants said. They’ll keep a market share of about 15 percent while creating an expected 1 million jobs, it said. “Green technologies are growth technologies,” Environment Minister Peter Altmaier, who commissioned the study, said today in Berlin. “We still have a leading position in clean technologies and we will do everything to defend that.” Germany, Europe’s biggest economy, plans to increase its reliance on renewable sources of power such as solar and wind as it phases out nuclear generation. Domestic technology companies such as Solarworld AG must contend with rising competition from Asia, where investment in clean energy has soared. The German clean-tech industry is dominated by ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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