Germany led Europe in wind turbine installations in 2024, data shows
Germany installed more wind turbines than any other European country in 2024, maintaining its position as a leader in renewable energy, according to industry association WindEurope.
With new onshore and offshore installations totalling more than 4 gigawatts (GW), Germany was ahead of the United Kingdom, which installed around 1.9 GW, France with 1.7 GW installed, and Finland with 1.4 GW, WindEurope data released on Thursday showed.
Across the EU, a total of 13 GW of wind power was installed last year — falling short of expectations. "This is disappointing," said Pierre Tardieu of WindEurope, citing grid bottlenecks, ongoing permit challenges and difficult financial conditions as key obstacles.
Offshore wind expansion was further hindered by limited port capacity and a shortage of suitable vessels.
Europe installed 16.4 GW of new wind power in 2024, bringing total wind capacity to 285 GW. However, to meet the EU's 2030 climate targets, annual installations must reach 30 GW, the association said.
WindEurope projects that 186 GW of new wind power capacity will be installed between 2025 and 2030.
The EU aims to generate 42.5% of its total energy from renewables by the end of the decade, requiring a significant acceleration in wind power expansion.
WindEurope praised Germany for setting a national record with permits for 14 GW of wind energy. The association urged other countries to follow suit by adopting EU approval regulations and expressed confidence that a new German government would continue the country's "wind energy success story."
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Wall Street Journal
19 minutes ago
- Wall Street Journal
European Gas Price Rises Amid Warm Weather, Asia LNG Demand
1034 GMT – European natural-gas prices rise in midday trade, with the benchmark Dutch TTF contract up 0.8% at 36.22 euros a megawatt hour. Storage levels across the EU are over 52% full, data from industry group Gas Infrastructure Europe shows. However, warm weather across the region is increasing the use of air conditioning. Meanwhile, investment funds increased their net positioning in TTF by 16 terawatt hours last week to a total of 111 TWh, according to DNB Markets DNB -0.25%decrease; red down pointing triangle analysts. In Asia, liquefied natural gas demand is rebounding as China returns to the spot market after months of subdued activity due to high prices. Rising demand tightens global LNG supply, often reducing availability for Europe–particularly as summer competition intensifies. (
Yahoo
26 minutes ago
- Yahoo
Exploring High Growth Tech Stocks In Europe June 2025
The European market has been buoyant recently, with the pan-European STOXX Europe 600 Index rising by 0.90% as inflation slows and the European Central Bank eases monetary policy, alongside strong performances from major stock indexes in Germany, Italy, France, and the UK. In this environment of eased monetary conditions and modest economic growth, high-growth tech stocks in Europe are particularly appealing for their potential to capitalize on technological advancements and innovation-driven demand. Name Revenue Growth Earnings Growth Growth Rating Intellego Technologies 30.80% 45.66% ★★★★★★ Archos 21.07% 36.58% ★★★★★★ KebNi 21.51% 66.96% ★★★★★★ Pharma Mar 29.61% 44.92% ★★★★★★ Bonesupport Holding 29.14% 56.14% ★★★★★★ argenx 21.82% 26.90% ★★★★★★ Skolon 31.51% 99.52% ★★★★★★ Xbrane Biopharma 24.95% 56.77% ★★★★★★ Diamyd Medical 86.29% 93.04% ★★★★★★ Elliptic Laboratories 36.33% 78.99% ★★★★★★ Click here to see the full list of 227 stocks from our European High Growth Tech and AI Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Indra Sistemas, S.A. is a global technology and consulting company specializing in aerospace, defense, and mobility sectors with a market capitalization of approximately €6.19 billion. Operations: The company generates revenue primarily from its Minsait (IT) segment, which accounts for €3.01 billion, followed by defense at €1.07 billion. Mobility and air traffic contribute €362.45 million and €470.38 million respectively to the total revenue streams. Indra Sistemas stands out in the European tech landscape with its strategic focus on expanding military-related operations, although it recently decided against bidding for Iveco's defense unit. The company's revenue growth at 6.9% annually outpaces the Spanish market's 4.5%, reflecting a robust position in its sector. Furthermore, Indra's earnings have surged by 23.4% over the past year, significantly exceeding the IT industry's average decline of 0.6%. With an anticipated earnings growth of 12.9% per year and a forecasted high return on equity of 21.5% in three years, Indra demonstrates strong financial health and potential for sustained growth, supported by a commitment to R&D that ensures continuous innovation and competitiveness in high-tech markets. Navigate through the intricacies of Indra Sistemas with our comprehensive health report here. Assess Indra Sistemas' past performance with our detailed historical performance reports. Simply Wall St Growth Rating: ★★★★★☆ Overview: cBrain A/S is a software company that offers solutions for government, private, education, and non-profit sectors across Denmark and internationally, with a market cap of DKK3.88 billion. Operations: The company generates revenue primarily from its Software & Programming segment, which contributed DKK267.78 million. cBrain, a dynamic player in the European tech sector, showcases impressive growth metrics that underscore its potential. With an annual revenue increase of 19.2%, the company outperforms the Danish market average of 8.3%. This trend is complemented by a robust earnings growth forecast at 23.1% per year, significantly above Denmark's average of 8.5%. The firm's commitment to innovation is evident from its R&D spending trends which have strategically bolstered its competitive edge in software solutions. Notably, cBrain continues to enhance shareholder value as evidenced by its recent dividend increase to DKK 0.64 per share, reflecting confidence in sustained financial health and future prospects. Get an in-depth perspective on cBrain's performance by reading our health report here. Explore historical data to track cBrain's performance over time in our Past section. Simply Wall St Growth Rating: ★★★★☆☆ Overview: SoftwareOne Holding AG is a global provider of software and cloud solutions operating across multiple regions including Europe, North America, Latin America, Asia Pacific, and the Middle East with a market capitalization of CHF1.26 billion. Operations: The company generates revenue primarily from its regional operations, with significant contributions from the DACH region (CHF301.13 million) and EMEA (CHF299.49 million). The NORAM and APAC regions also contribute notably to the revenue streams, at CHF145.93 million and CHF163.44 million respectively, reflecting a diversified geographical presence in software and cloud solutions markets. SoftwareOne Holding AG, navigating through a transformative phase with new CFO Hanspeter Schraner, is poised for notable financial improvements. The company's revenue growth at 5.8% annually aligns with strategic expansions, albeit below the high-velocity tech sector norm. However, its forecasted earnings surge by 54.21% per year signals robust potential amidst operational shifts. With R&D expenses tailored to fuel innovation and adaptability in a competitive market, SoftwareOne is strategically positioning itself despite current unprofitability and a volatile share price. This approach underpins its commitment to evolving within the tech landscape while managing shareholder expectations through prudent fiscal strategies such as the recent dividend adjustment to CHF 0.30 per share from capital reserves and earnings. Dive into the specifics of SoftwareOne Holding here with our thorough health report. Gain insights into SoftwareOne Holding's historical performance by reviewing our past performance report. Explore the 227 names from our European High Growth Tech and AI Stocks screener here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BME:IDR CPSE:CBRAIN and SWX:SWON. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
37 minutes ago
- Yahoo
Deloitte report: European football revenue grows to €38 billion
Liverpool players celebrate on the open-top bus during the Premier League winners parade in Liverpool. Danny Lawson/PA Wire/dpa The European football market has grown by another 8% to a record €38 billion (€43.5 billion) in the 2023-24 season, according to the Annual Review of Football Finance published on Thursday by professional services company Deloitte. England's Premier League leads the way again as the top five leagues in Europe contributed €20.4 billion, a rise by 4%, the other being Germany's Bundesliga, Italy's Serie A, La Liga in Spain and Ligue 1 in France. Advertisement The 96 clubs achieved an operating profit the second straight season, of €600 million, according to the report which does not include transfer income. Deloitte said that additional commercial revue was the main driver, which in England reached €2 billion for the first time and €8 billion across the five leagues. Broadcast rights revenue remained the biggest source with €9.4 billion. England led the way again with €7.354 billion in total revenue, a rise of 8%, far ahead of Germany (€3.797 billion) and Spain (3.764 billion). The Bundesliga figure was a 1% decline from 2022-23, as matchday and commercial revenue went down 2% each while broadcast rights income rose 1%. Advertisement Deloitte named as the main reason for the drop the relegation of Schalke and Hertha Berlin, clubs with big stadiums and fan bases. Stefan Ludwig, head of Deloitte's Sport Business Group in Germany, said he expects the big five leagues to top €21 billion in 2024-25, but then stagnation because done broadcast deals show that none of the leagues managed a significant increase. In general, he added: "The pressure on clubs is increasing. They have to generate additional income and at the same time cope with rising costs in order to remain competitive."
