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German renewable energy industry upbeat on booming prospects - by Saeid Najar Nobari
Germany's renewable energy industry is upbeat on its prospects for continuing the high-growth trend ahead of next week's Renewable Energy Fair in the north German city of Hannover. The renewable energy sector hopes to grow this year by 17 percent, create 15,000 job opportunities and have a turnover of 32 billion euros. Germany wants to produce 35 percent of its electricity, 25 percent of its heat and 15 percent of its fuel by 2020 through renewable energy.
According to the German Renewable Energy Federation (BEE), the use of renewable energies (wind power, hydro power, solar energy, bio energy and geothermal energy) set a record in Germany in 2006 as it increased its countrywide share in the electricity, heat and fuel sectors to 7.7 percent, up 0.9 percent from 2005.
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