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‘Challenging’ market conditions set back European wind investments in H1 2024

September 13, 2024 Comments Off

European wind investments in the first half of 2024 amounted to Eur15.4 billion ($17 billion), according to trade association WindEurope, less than 30% of the total from 2023, amid a difficult market environment to get new projects financed. High interest rates and input costs, combined with lower power price forecasts, are “making it challenging to take [final investment decisions, or…