Offshore: Emerging Markets In the Midst of Germany? - Setting Up Business in the German Market

DIMAS, J. (2009):

Offshore: Emerging Markets In the Midst of Germany? - Setting Up Business in the German Market.- Paper, 10 S., Proceedings of the European Offshore Wind 2009 Conference & Exhibition (14. - 16. September 2009), European Wind Energy Association (EWEA), Stockholm (Schweden).

 

Abstract

Manufacturers and suppliers located in Germany account for one quarter of the global market for wind power generating equipment. Both domestic and foreign markets are highly relevant to the industry producing in Germany. Emphatic governmental promotion of offshore wind farms means that not only is Germany moving closer to reach its renewable energies goals, but also securing its position as one of the world's leading wind energy investment locations. Offshore wind farms open up a vista of possibilities for new investors.

Germany offers numerous incentives for all investors - regardless of whether they are from Germany or abroad. There is a large selection of programs available designed to support a wide variety of business activities at different stages of the investment process. Support ranges from cash incentives for the reimbursement of direct investment costs to incentives for labor and R&D.

All steps to enter the German market through foreign direct investment are covered by a service infrastructure to support business development. Much of the required information about economic data, the labor market, incentives programs, the tax & legal framework and even related services are provided free of charge by federal and regional governmental organizations.

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