Commerbank: Global Wind Energy Market Continues to Grow

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In many markets projects are increasingly securing their revenues from power generation via PPAs

Official Press Release Commerzbank:

Commerzbank: Global wind market continues to grow, albeit with regional fluctuations

New installations collapsed in Germany, volatility is putting wind sector under pressure / Internationalisation as a strategic trend / Long-term power purchase agreements are gaining ground

“If we want to achieve our CO2 emission reduction targets, we have to significantly expand wind energy in Germany. At the same time, all market participants need to establish an international footprint, in order to tap into new markets and increase cost efficiency”, says Berthold Bonanni, Head of the Energy unit (CoC Energy) at Commerzbank AG. Onshore The global wind market continues to grow, albeit with significant regional fluctuations. Commerzbank anticipates annual global growth for the onshore sector to increase to 68 gigawatts (GW) by 2020, from 46 GW... ... More: Official Press Release Commerzbank

Commerbank, bank, wind industry, market, Germany, collapse, onshore, offshore, installation, global, PPA, USA, Taiwan, developer

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