The impact of the corona pandemic is felt across all aspects of life and all parts of the economy. However, contrary to most sectors, the mood in the German wind industry has improved slightly in spring of 2020 despite an unchanged political environment.
Germany is seeing an end to the negative trend that was evident in the previous trend:index surveys, showing improved market assessments in the wind industry for both 2020 and the next two years. In the international wind market, assessments of the current mood in the onshore and offshore wind industry are largely positive, if slightly down from previous surveys. Expectations for the coming years are markedly more optimistic, however, with the market development mostly receiving more positive marks indicating an upward trend, and additional potential being perceived in the progressing digitalisation and the uptake of green hydrogen.
Take a look at the complete findings of the third survey.