German Wind Market May Defy Global Slump to Grow 43% This Year

Lock
This article is for subscribers only.

German wind-turbine installation may rise as much as 43 percent in 2013 as the home of Siemens AG and Nordex SE defies a global slump, according to an industry lobby.

Developers may add 3 gigawatts to 3.5 gigawatts after 2.44 gigawatts in 2012 as on and offshore projects grow, said Sylvia Pilarsky-Grosch, vice president for the BWE lobby.