The EIB (European Investment Bank) has committed $2.33 billion (£1.4 billion) over the next three years.
The Greater Gabbard Wind project is proceeding forward at full steam (or under full sail).
However in contrast to these projects, the US has apparently been feeling some direct consequences of the economic slowdown, with a drop in demand for solar panels, resulting in stockpiling and a price drop of about 30%. With panel manufactures unable to match this revenue slump with any significant cost-savings, the sector is undoubtedly enduring some hardship.
So what does the future really hold for recruitment in renewable energy? In my view
I do want to avoid oversimplifying the market, however, and am keen to hear your views on how the renewable energy market will evolve in the near future.
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