The 1.4 gigawatts offshore wind power project will require an investment of approximately £3bn Onshore enabling works start Spring 2021 and offshore construction in 2023 Final completion of the project expected by Q4 2026 RWE, one of the world’s leading players in offshore wind, has taken the Financial Investment Decision on its 1.4 gigawatt (GW) … Continue reading RWE marks financial investment decision for its UK flagship Sofia Offshore Wind Farm
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New guideline ruling creates framework for implementation of coal phase-out
RWE Power welcomes the fact that the guideline ruling has now laid down the next steps for all open-cast mines in the Rhineland in their implementation of the statutory coal phase-out. It ensures orderly operation of the Tagebau Hambach and Tagebau Inden opencast mines, which will cease to extract coal by 2029. The Tagebau Garzweiler … Continue reading New guideline ruling creates framework for implementation of coal phase-out
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RWE officially launches Clocaenog Forest Wind Farm community fund with first local awards
RWE’s Clocaenog Forest onshore wind farm in North Wales has officially launched its £19million community fund and announced the first successful applicants from the surrounding communities. The fund is directly linked to the company’s 100%-owned Clocaenog Forest wind farm, which will provide renewable electricity equivalent to the needs of 63,800 UK homes. The 96MW project, … Continue reading RWE officially launches Clocaenog Forest Wind Farm community fund with first local awards
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RWE Partners with Offshore Renewable Energy Catapult to Advance Floating Wind Power
RWE is partnering with Offshore Renewable Energy (ORE) Catapult – the UK’s leading technology innovation and research centre for offshore renewable energy, to study the potential for Scottish businesses to produce commercial scale concrete foundations for floating wind projects. The possible development of floating wind projects in Scotland puts a focus on the amount of … Continue reading RWE Partners with Offshore Renewable Energy Catapult to Advance Floating Wind Power
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Offshore wind farm Rampion: Acquisition of 20% E.ON stake makes RWE majority shareholder
RWE’s share in the 400 megawatts wind farm off the coast of Sussex increases to 50.1%Acquisition takes place as part of the full implementation of the transaction between RWE and E.ON RWE has taken over a further 20% stake from E.ON in the British offshore wind farm Rampion. Consequently, RWE now holds a majority stake … Continue reading Offshore wind farm Rampion: Acquisition of 20% E.ON stake makes RWE majority shareholder
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Nordex supplies 33 MW of wind power to RWE in France
Nordex has again received orders for wind turbines in France. RWE’s French subsidiary, RWE Renouvelables France, has ordered ten N117 turbines for two wind farms with a total capacity of 33 MW. Both projects in northern France are part of the sale of Nordex Group’s European wind and solar project development business to RWE in … Continue reading Nordex supplies 33 MW of wind power to RWE in France
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13,400 solar panels on a lake: RWE constructs its first floating photovoltaic project
RWE, one of the world’s leading companies for renewable energy, is to construct its first floating photovoltaic (PV) project. The Amer floating PV project consists of 13,400 solar panels that will float on a lake near the Amer power plant in Geertruidenberg, in the Netherlands’ province of Noord-Brabant. After completion, the innovative PV project will … Continue reading 13,400 solar panels on a lake: RWE constructs its first floating photovoltaic project
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GET H2: New alliance aims to create the basis of a European infrastructure for green hydrogen
Consortium of seven companies to launch hydrogen economy with production, transport, storage and industrial offtake of climate-friendly green hydrogen from renewable energies in 2024 Bundled projects could avoid up to 16 million tonnes of CO2 by 2030 Public funding sought through “Important Projects of Common European Interest” (IPCEI) programme Regulatory changes before the end of … Continue reading GET H2: New alliance aims to create the basis of a European infrastructure for green hydrogen
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RWE welcomes agreement with German federal ministries on compensation for accelerated phase-out of nuclear energy in Germany
RWE welcomes the mutual agreement between nuclear power plant operators and the responsible ministries of the German federal government regarding the outstanding regulation of compensation for the accelerated phase-out of nuclear energy in Germany. After 10 years, a comprehensive solution has now been found to settle the compensation to the companies, a step that has been called … Continue reading RWE welcomes agreement with German federal ministries on compensation for accelerated phase-out of nuclear energy in Germany
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Triton Knoll Offshore Wind Farm generates first power
RWE has taken a significant step towards achieving full power at its Triton Knoll Offshore Wind Farm, with the first generation of electricity. The generation milestone follows the successful delivery of vital onshore and offshore electrical infrastructure on schedule, and despite the challenges of constructing during the Coronavirus pandemic. The RWE-led Triton Knoll project began … Continue reading Triton Knoll Offshore Wind Farm generates first power
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Extreme weather conditions harm RWE’s renewables electricity generation in the US state of Texas
Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar segment due to abnormal pricing conditions The US is experiencing extreme winter weather conditions all the way down to the Gulf region with extremely low temperatures and icing conditions. This has led to a low … Continue reading Extreme weather conditions harm RWE’s renewables electricity generation in the US state of Texas
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RWE expressly supports Dutch CO2 reduction target
At the beginning of February, RWE filed a request for arbitration at the International Centre for Settlement of Investment Disputes (ICSID) in Washington under the Energy Charter Treaty. Today, Roger Miesen, CEO of RWE Generation, explained the reasons for this request to the Dutch Parliamentary Committee on Economic Affairs and Climate Policy: In 2019, the … Continue reading RWE expressly supports Dutch CO2 reduction target
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RWE supplies wind energy to ASML
RWE, one of the world’s leading renewable energy companies and a major player in global energy trading, and ASML, the world’s largest supplier of lithography systems for the semiconductor industry, have signed a Power Purchase Agreement (PPA). Under the terms of the 10-year agreement, which is already underway, ASML will be provided with more than … Continue reading RWE supplies wind energy to ASML
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RWE successful in the UK Offshore Wind Power Leasing Round 4 by The Crown Estate
RWE, one of the globally leading companies in offshore wind, has been confirmed as Preferred Bidder for two adjacent offshore wind sites with a total potential capacity of 3,000 megawatts (MW), as part of the UK Offshore Wind Leasing Round 4 by The Crown Estate. The average price the company was awarded to lease seabed … Continue reading RWE successful in the UK Offshore Wind Power Leasing Round 4 by The Crown Estate
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RWE’s preliminary earnings for fiscal 2020 exceed outlook
RWE’s operational performance in the fourth quarter of fiscal 2020 exceeded expectations. In particular, Supply & Trading performed far better towards year end than assumed. Overall, this resulted in an outperformance of the outlook for fiscal 2020, based on preliminary figures. RWE Group’s adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation) is expected to … Continue reading RWE’s preliminary earnings for fiscal 2020 exceed outlook
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RWE-led Awel y Môr offshore wind farm outlines preferred transmission corridor
The proposed Awel y Môr offshore wind farm has today confirmed its latest design details following a successful round of informal consultation with local communities. The RWE-led project has now selected the preferred siting of the transmission infrastructure, and is sharing this information with local communities ahead of formal consultation later in the year. A … Continue reading RWE-led Awel y Môr offshore wind farm outlines preferred transmission corridor
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RWE Renewables and SkySails Power harness high-altitude winds for innovative power generation
RWE Renewables GmbH and SkySails Power GmbH have high-flying ambitions. They are planning to fly a 120-sqm kite to a height of up to 400 metres above ground to utilise high-altitude winds for generating electricity. The two companies have now entered a collaboration agreement on this pilot project. RWE is purchasing an innovative airborne wind … Continue reading RWE Renewables and SkySails Power harness high-altitude winds for innovative power generation
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RWE to divest a stake of 24% in four onshore wind farms in Texas to Greencoat
RWE, one of the world’s leading renewable energy companies, has signed an agreement with Greencoat to sell a 24% stake in four RWE onshore wind farms in Texas. This accounts for a total pro-rata installed capacity of 207 megawatts (MW). The agreed purchase price of around USD 160 million corresponds to an enterprise value of around … Continue reading RWE to divest a stake of 24% in four onshore wind farms in Texas to Greencoat
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Rampion 2 wind farm extension opens informal consultation
The Rampion 2 team has launched a four-week informal consultation this week [January 14], to raise awareness and seek feedback on their initial proposals to expand the Rampion Wind Farm off the Sussex coast. A full and formal consultation will follow later in the year, ahead of submission of a development consent application to build … Continue reading Rampion 2 wind farm extension opens informal consultation
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RWE expands its presence in wind power in France and Poland with four onshore wind farms
RWE’s European renewables business has gained further impetus with decisions taken to invest in four new onshore wind farms with a total installed capacity of 76 megawatts (MW). Three of the projects are located in France, and one in Poland. The first French project is already under construction, and work will begin on the three … Continue reading RWE expands its presence in wind power in France and Poland with four onshore wind farms
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