THE COLLAPSE OF EUROPE’S WIND POWER INDUSTRY: High Fossil Fuel Prices Destroy Green Energy
When things couldn’t get any worse for Europe, the last German wind turbine rotor plant shut its doors for good this month. With Nordex losing money hand over fist, the company decided to shut down its last wind turbine plant in Rostock, Germany. And… who could blame them with energy and input costs skyrocketing in Europe…