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RWE invests more than €5 billion in green technologies in the current fiscal year – EQ Mag Pro

New wind farms, solar plants and battery systems with an installed capacity of 1.2 gigawatts commissioned in the first half of 2022 – about 20% more electricity generated from renewables Green assets with a total capacity of 4.8 gigawatts currently under construction in 11 countries At €1.6 billion, adjusted net income exceeds level in first […]

Alte Leipziger Hallesche insurance group acquires 49.9% of 600 MW EnBW solar portfolio

RWE starts commercial operation of two onshore wind farms in the US – EQ Mag Pro

Completion of Boiling Springs (148 MW) and East Raymond (200 MW) increases RWE’s generation capacity in North America Offtake for both wind farms secured through Power Purchase Agreements with carmaker Honda and Austin Energy RWE continues to expand its renewables portfolio in North America, one of the company’s strategic core markets, by the commissioning of […]

Lightsource bp among leaders on 2022 U.S. top solar developers list

RWE to deliver solar power produced at Inden opencast mine from summer – EQ Mag Pro

Start of construction for innovative combination of 26,500 modules and battery storage Photovoltaic plant to run from 2022 until completion of Lake Inde In only a few weeks’ time, RWE’s Inden Opencast Mine will no longer produce just lignite, but also solar power. After officially breaking ground, building work has commenced for a utility-scale photovoltaics […]

Greece’s PPC Renewables launches 550 MW solar plant tender – EQ Mag Pro

RWE drives expansion of renewables: Two new wind farms for Germany – EQ Mag Pro

Double success for RWE in onshore wind power infrastructure auction: The German Federal Network Agency has awarded it the Grevenbroich wind farm in North Rhine-Westphalia and the Bartelsdorf 2 project in Lower Saxony. These positive decisions will help RWE to accelerate its expansion of renewables in Germany. This year alone, the company is investing about […]

Greece’s PPC Renewables launches 550 MW solar plant tender – EQ Mag Pro

UPDATE 2-RWE shares near 11-year high after power producer lifts guidance

* Now expects 2022 adj core profit of 3.6 bln-4 bln euros * Adj net profit seen at 1.3 bln to 1.7 bln euros * Shares hit highest level since May 2011 (Recasts, adds share benchmark, analyst) FRANKFURT/DUESSELDORF: Germany’s biggest power producer RWE on Thursday raised its outlook for 2022, citing higher margins in its […]

Greece’s PPC Renewables launches 550 MW solar plant tender – EQ Mag Pro

‘In the end, all hydrogen needs to be green’: CEO of German energy giant RWE – EQ Mag Pro

While there is excitement in some quarters about the potential of so-called green hydrogen, the vast majority of hydrogen generation is currently based on fossil fuels. Speaking to CNBC, RWE CEO Markus Krebber said hydrogen was required “for those parts of the economy which cannot be electrified.” The CEO of German energy company RWE has […]

Hydrogen: The rising trend in energy transformation – EQ Mag Pro

RWE Combines Hydropower With Mega-Batteries to Balance Grid

To ensure the reliability of its grid network while boosting environmental sustainability, German utility RWE has embarked on a project that includes the integration of massive battery energy storage systems with hydropower. RWE is investing €50 million ($58.7 million) in the development of two large battery energy storage systems in Lingen and Werne. The Lingen […]

Estonia plans 225MW pumped hydro power storage facility to help disconnect from Russia – EQ Mag Pro

Ind-Ra Downgrades Sterling and Wilson Solar to ‘BBB+’, Revises Rating Watch to Evolving

Ind-Ra continues to analyze SWSL and its subsidiaries on a consolidated basis. India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Solar Limited’s (SWSL) Long-Term Issuer Rating to ‘IND BBB+’ from ‘IND A’ while revising the Rating Watch to Rating Watch Evolving (RWE) from Rating Watch Negative (RWN). Ind-Ra continues to analyse SWSL and […]

Carbon capture’s methane problem: New report shows technology doesn’t live up to the hype – EQ Mag Pro

RWE and BASF Plan $4.9 Billion Offshore Wind Power Project

As part of the project, which depends on more favourable legislation, RWE plans to build a 2 gigawatt (GW) offshore wind park by 2030 to help to supply BASF’s Ludwigshafen chemicals complex, Germany’s single biggest electricity consumer. FRANKFURT: Chemicals giant BASF and German utility RWE on Friday announced a potential 4 billion euro ($4.9 billion) […]

Total Eren proposes 2GW solar farm and massive green hydrogen plant in Darwin

RWE Teams Up With Facebook for 150 MW of US Solar

The solar farm is to be located in Shelby County, an area the Tennessee Valley Authority is working to expand renewable generation capacity in through its Green Invest programme. A 150MW solar farm under development in Tennessee, US, is to power Facebook’s data centre in the state. The social media giant is to use 110MW of […]

Total Eren proposes 2GW solar farm and massive green hydrogen plant in Darwin