Wind energy sector buoyant despite downturn
Thursday, March 19, 2009
With a smaller dependence on bank loans than other industries, the wind energy sector believes it will be among the first to emerge from the recession, the European Wind Energy Association (EWEA) said at the opening of its annual conference Monday (16 March).The European wind sector is less affected by banks' reluctance to finance projects with loans as it can compensate with increased investment from institutional investors, infrastructure funds and power companies with strong balance ...