Bloomberg News

German Renewable Cooperatives Invest $1 Billion in Energy Shift

July 19, 2012

German energy cooperatives have invested about 800 million euros ($981 million) in clean-energy sources in the past years, the BSW-Solar lobby said.

At least 80,000 Germans own shares in community-owned generators, the group said today in an e-mailed statement. About 500 renewable energy cooperatives were formed since 2005, BSW- Solar said.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net


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