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By Anna Ohlden | September 22nd 2007 03:45 AM | Print | E-mail | Track Comments

LONDON, September 22 /PRNewswire/ -- Experts on renewable energy and the financing of renewable energies investments will be on hand in London on September 24-25th for the 9th Renewable Energy Finance Forum. Europe's leading event for renewable energy investment will bring together investors, project developers, and executives from across the renewable energies industry.

Investment opportunities in Germany and the country's goals for 2020 will be the topic of two presentations during the convention. The first will be a breakfast with Matthias Machnig, State Secretary at the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety. On the following day, Nikolai Dobrott, Director for Renewable Energies & Resources at Invest in Germany, the country's official inward investment promotion agency, will make a presentation on the German market.

Germany is number one worldwide in PV, wind, and biodiesel and aims to lead in all renewables by the year 2020. Its workforce and location as well as its investment and legal frameworks are making the country a profitable destination for renewable energies investors. In 2006, sales in the German renewable sector reached EUR22.9 billion, including more than EUR6 billion in exports, and investments in the German renewables sector reached over EUR9 billion.

International companies are coming to Germany not only to take advantage of the company's location, in the center of an enlarged European Union, but also to seize on the legal and investment incentives in Germany.

The Renewable Energies Law calls for a "feed-in-tariff" for energy generated from renewable sources - giving property owners an incentive to acquire renewable energies products. These favorable conditions have spawned a ready-made market for renewable energies products, such as solar cells, in Germany.

Investment incentives in eastern Germany, sometimes as high as 50% of investment costs, have prompted many international renewable energies firms to invest in this part of Germany. For example the American company First Solar and the Canadian company Arise recently set up shop in Germany.

The breakfast with Mr. Machnig will commence on September, 24th at 7:45am and Mr. Dobrott's speech will be in session 6A on Tuesday, September 25th from 11:15am-12:45pm.

Invest in Germany is the inward investment promotion agency of the Federal Republic of Germany. It provides investors with comprehensive support from site selection to the implementation of investment decisions.

Media Contact: Eva Henkel Invest in Germany Phone: +49-30-200099-173 Fax: +49-30-200099-111 Email: henkel@invest-in-germany.com http;//www.invest-in-germany.com

Media Contact: Eva Henkel, Invest in Germany, Phone: +49-30-200099-173, Fax: +49-30-200099-111, Email: henkel@invest-in-germany.com