The global financial crisis will hit Europe's wind power industry harder in 2010 than it did in 2009 unless measures are taken to rapidly increase liquidity in the financial markets, the European Wind Energy Association (EWEA) has warned.
New research carried out by the industry group shows that the European market for wind turbines will remain steady during 2009, with growth of about one per cent over 2008. The impact of the financial crisis will be felt more in 2010, says EWEA, due to the reluctance of banks to provide project finance.
http://www.utilityweek.co.uk/news/europe/recession-slows-wind-energy-de.php
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