Which of the larger German renewable energy companies have invested in the U.S. and vice versa?
There are numerous larger German renewable energy companies that have invested in the U.S. The following companies are some examples: SolarTrust of America (German company: MAN Ferrostaal) In August 2009, German solar thermal company Solar Millennium AG and plant builder Man Ferrostaal AG created a new company called Solar Trust of America LLC. The company aims to gain 20 percent of the U.S. market for solar thermal energy. According to Solar Trust of America LLC: “Several power plants are being built in the Southwest of the U.S. Each of the plants will entail investments worth more than $1 billion. Each plant is expected to directly employ more than 800 skilled workers during the initial construction phase and create approximately 100 permanent jobs for operations, maintenance, and management employees. And, each plant is expected to indirectly create thousands of additional jobs, as Solar Trust of America procures materials, goods, and services for each facility in the U.S.”. In 2007