Germany's Wind Power Sector Survives Tough Time, but for How Long?

A recent report showed how despite a bad patch in Germany's photovoltaic sector, country's wind energy sector has managed to remain firm. Having said that things are still not that fine, they used to be at some point of time.

There are chances that Germany would be facing a lot tough competition in the time to come especially from China. It was in year 2009 and 2010 that things started losing sheen and prices started tumbling down with competition rising in photovoltaic sector.

"Its products are not so technologically complicated as the wind sector's and thus it loans itself to mass production. China's not quite up to the German or European level yet on wind turbine technology. But that could change", said Sven Kirrmann of Germany's Renewable Energies Agency, while affirming that the country's wind industry has been able to weather a lot.

He further added that there is hell lot of maintenance required in wind power sector as compared to solar modules, which are very well supported by German firms.

As of now, Germany is third in the global market behind China and the US when it comes to wind turbine manufacturer, and that's what makes things all the more strong.


AustrianTribune Specials

There are a lot of things not going right at the IRS and mostly so when it comes to filing for Earned Income Tax Credits (EITC).

In December 2014, a report by Watchdog.org showed that that an audit by the IRS documented twenty four percent...

Most Popular

Automotive News

  • Tesla unveils its sleek and affordable new electric car --- Model 3
  • Lexus unveiled new LC 500 coupe at Detroit auto show
  • Porsche-Piech family clan “stands firmly behind” VW CEO Matthias Mueller, say insiders
  • Anthony Foxx approves BMW's request to activate self-parking technology in 2016 7 series models

UK News

  • Drinking additional cups of coffee linked with reduced risk of liver cirrhosis
  • UK Ministers and Health Bosses admit Mental Health Care is Poor and Underfunded
  • Conservative Health Secretary to impose inferior contract on England’s 55,000 junior doctors
  • Junior doctors in England begin second 24-hour strike
  • NHS to start charging extra for high-sugar drinks and snacks in hospitals