German businesses providing energy efficiency solutions turned over 143 billion euro in 2016, a study published by the German energy efficiency industry association DENEFF and PricewaterhouseCoopers (PwC) has found. The extrapolated figure represents growth of nearly 6 percent on 2015. According to the paper, the branch now employs 600,000 people.
The report attributes these positive developments primarily to the political framework - despite the current low energy prices.
DENEFF notes that the branch is seeing a growing number of new market entries, many of which are startups, and cites trends such as digitalization and innovative business models.
- DENEFF: Press release and report (in German)