Investments in Renewable Energies in the CEE are booming

EnergyEnergy Source ♦ Published: February 4, 2011; 00:40 ♦ (Vindobona)

According to a study by TPA Horwath, Austrian companies will expand massively their involvement in the field of renewable energies in the CEE region.

Investments in Renewable Energies in the CEE are booming / Picture: © Vindobona.org

The future potential for renewable energies in Central and Eastern Europe is enormous, according to the participants in the survey. Four out of five companies (78%) intend to expand their investments in this area. About 75% of the companies are planning an increase of at least 100%; 41% even plan to grow by more than 300%.

About a third of the surveyed top executives in the area…