German American Renewable Energy Outlook 2011

2011

The German American Chambers of Commerce (GACCs – AHK USA) in cooperation with Roland Berger Strategy Consultants, for the second year in a row, conducted a survey evaluating the outlook of the renewable energy sector within the United States. The survey target group included managers and key decision-makers from a number of companies operating in the green sector – both US-based as well as American subsidiaries of German companies.

Result of the survey: The industry is optimistic – especially in photovoltaics and onshore wind power. 52% of respondents anticipate revenue growth rates of more than 10% over the next five years, 43% plan to increase their staff by over 10% annually over the same period. This could also greatly benefit German greentech companies.