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Tag Archives: Amrumbank West

Offshore wind industry races to cut costs as subsidies drop

OFF THE COAST OF HELIGOLAND, Germany, Nov 14 – As European governments start to curb offshore renewable power subsidies, utilities, wind turbine makers and installers are racing to cut costs to help the industry survive. Britain, Germany and the Netherlands, wary of committing billions of euros when budgets are tight, have announced subsidy cuts in the past 18 months – ...

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