The investment bank of the German state, KFW, said Monday, Sept. 19 at 250 billion euros in total investment needed in Germany by 2020 to get out of nuclear power and move to renewable energy. The bank itself “will make available 100 billion euros over the next five years for investments in energy in Germany ” , said in a statement. KfW believes “to 250 billion euros the amount of additional investment required until 2020” or 25 billion euros per year on average, the burden on businesses, state and individuals. Read More
