Chinese manufacturers eye German market

flag chinagermanyBerlin-based Germany Trade & Invest, the economic development agency of the Federal Republic of Germany, confirms Chinese companies are building factories in Germany. Citing an example, the agency mentioned that Chinese subsidiary Jade Werke will begin production of steel fundaments for offshore wind parks in Germany as early as 2013. The company is investing €50 million in a production plant in Wilhelmshaven, with construction planned to begin this summer.

According to the agency, last year, Germany installed 2,007 MW of wind energy capacity, bringing its total capacity to 29 GW. It added that the 30% growth of new installations still comes primarily from the onshore segment, but offshore wind will account for a growing share in the coming years.

This year alone, construction is expected to begin on six new offshore parks totaling 1,660 MW capacity along Germany’s North Sea and Baltic Sea coastlines. Growth rates in the onshore segment were strong last year, the policy framework has been improved, and the offshore market ready to take off, said Anne Braeutigam, wind energy expert at Berlin-based Germany Trade & Invest.

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