10 hours ago
Renewable Firms Rush to Secure German Projects as Mood Shifts
Developers of renewable energy are rushing to lock in German projects as Berlin's tone on the green transition shifts, sparking worries that strong government support may start to dwindle.
High participation at two recent clean energy auctions shows that demand for such projects remains strong, the Federal Network Agency said Thursday. Yet analysts see the rush as a sign that companies are heeding the messages of conservative Chancellor Friedrich Merz's new government, which wants to put the brakes on the country's rapid renewable expansion.
