Thursday, April 22, 2010

Renewables to energize German economy


A new report has found the renewable energy industry will be one of the main creators of new jobs and a target for new investment. Germans firms are hoping to expand their renewable businesses to world markets.

Renewable energy technologies are expected to create 500,000 new jobs in the next decade, according to a report from the German Association of Renewable Energy.

The report also found that investments in renewables are expected to total 235 billion euros by 2020 as annual expenditure on alternative energy reaches 28 billion euros.

See full Article.