European Union Pledges to Help Struggling Wind Energy Industry
- Wind developers face financing and supply-chain hurdles
- Europe’s industry dealing with rising global competition
Wind turbines near Heide, Germany.
Photographer: Daniel Roland/AFP/Getty Images
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The European Commission announced plans to help the region’s struggling wind sector, which is dealing with issues including a lack of access to financing and increased international competition.
The European Union’s executive arm will also seek to fast-track permitting for wind projects while focusing on easing global supply-chain bottlenecks, according to Commission President Ursula von der Leyen.