New Wind Farm Off Baltic Sea Coast Confirms Germany’s Lead in Clean Energy

Business & Finance

Germany’s new offshore wind park off the Baltic Sea coast is set to enter the testing phase, adding yet another confirmation to Germany’s lead in renewable energy and environmental technologies. With keynote speakers on four different areas, Germany Trade & Invest will be at this year’s AMERICANA in Montreal, Canada, from March 22-24 to highlight opportunities in Germany’s environmental technologies industry.

“For decades Germany has shown a dedicated commitment to environmental technologies. Only through sustainable industrial policy can we continue to foster innovation and generate economic growth independent of resource consumption. With this philosophy, Germany has created the ideal conditions for innovative cleantech companies to reach a large and sophisticated market,” states Thomas Grigoleit, Director of Renewable Energies and Resources at Germany Trade & Invest in Berlin.

Germany considerably surpassed its climate goals for 2010 – achieving its targets 2 years early – and is on track to meet its 2020 goals after setting the bar even higher. A driving force is the country’s renewable energy industry. As Europe’s leading wind energy generator and the world’s top solar power producer, Germany is already tackling the next generation of energy challenges. These include energy storage to compensate for a fluctuating renewable energy supply and smart energy management technologies. Even electric mobility is a part of this vision, with renewable electricity slated to increase as a proportion of total energy consumption.

Most recently, Germany has set its sights on water efficiency in agriculture and food production. With the introduction of generous new research and development incentives, Germany is supporting projects contributing to the reduction of water consumption in the food supply chain.

Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.

(prnewswire)

[mappress]

Source: prnewswire, March 21, 2011