The World's #1 Renewable Energy Network for News, Information, and Companies.

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

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

Germany's clean-technologies industry is set to more than double in volume by 2025, creating jobs and maintaining its global market share, a study shows.

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 small- and medium-sized businesses that have helped stabilize the nation’s economy, Altmaier said. The country has a target to raise energy efficiency and lower greenhouse-gas emissions 40 percent by 2020 from 1990 levels.

The global clean-tech market will more than double to 4.4 trillion euros by 2025, according to the Roland Berger study.

Copyright 2012 Bloomberg

Led image: Chalk chart via Shutterstock

CURRENT MAGAZINE ISSUE

03/01/2015
Volume 18, Issue 3
file

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

FEATURED PARTNERS



EVENTS

Doing Business in Brazil – in partnership with GWEC, the Global Win...

Brazil is one of the most promising markets for wind energy.  Ranke...

EU PVSEC 2015 (European PV Solar Energy Conference and Exhibition)

The EU PVSEC is the largest international Conference for Photovoltaic re...

More Power, More Profit Tour - San Diego

Register for the SMA More Power, More Profit Tour for free, in-person sa...

COMPANY BLOGS

EU PVSEC 2014: Call for Papers Receives Great Response

More than 1,500 contributions apply for presentation in AmsterdamScienti...

Teun Bokhoven, President of the Dutch Renewable Energy Federation, ...

Munich, 08 April 2014 – The 29th European Photovoltaic Solar Energ...

EU PVSEC 2014 extends its Scope

Added focus on application and policy topicsAbstracts for conference con...

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS