(IN BRIEF) In a significant move towards bolstering Germany’s energy transition and contributing to global decarbonization efforts, RWE has announced the commencement of its Nordseecluster project. This groundbreaking initiative entails the construction of offshore wind farms with a cumulative capacity … Read the full press release
(IN BRIEF) RWE Gas Storage West has launched an initial market survey to gauge future demand for hydrogen storage until June 2024, targeting hydrogen producers, users, industrial companies, and traders. Recognizing hydrogen’s pivotal role in the energy transition, the company … Read the full press release
(IN BRIEF) RWE, a key player in renewable energy, has commenced the construction of a new wind farm in the Rhenish lignite region, marking another milestone in the area’s energy transition. Set on recultivated land in the Inden opencast mine, … Read the full press release
(IN BRIEF) RWE, a leading renewable energy company, has successfully issued its first green US dollar bond, totaling US$2 billion, with maturities of 10 and 30 years and yields ranging from 5.926% to 6.261%. The bond, oversubscribed 3.8 times, signifies … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged expansion, Financial, investment, Michael Müller, renewable energy, RWE, sustainability
(IN BRIEF) RWE, a global leader in renewable energy, has secured a significant achievement with the award of a 495-megawatt Electricity Business Licence (EBL) by the Ministry of Trade, Industry & Energy of Korea for the development of the Seohae … Read the full press release
(IN BRIEF) RWE has been awarded the tender for the Kail wind farm in the Cochem-Zell district, Rhineland-Palatinate, in a recent auction by the Federal Network Agency. With three wind turbines totaling 12.9 MW capacity set to be erected near … Read the full press release
(IN BRIEF) RWE Generation’s natural gas combined cycle units F and G, along with the K1 gas turbine at the Gersteinwerk site in Werne, have secured a contract to provide 820 megawatts of reserve power in the period from October … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Dr. Aiko Vogelsang, partnership, RWE, sustainability, Werne Plants
(IN BRIEF) Covestro and RWE have inked a substantial long-term power purchase agreement (PPA) aimed at bolstering Covestro’s Antwerp production site in Belgium with renewable energy from offshore wind turbines in the North Sea. This collaboration, spanning from 2026 to … Read the full press release
(IN BRIEF) thyssenkrupp Steel and RWE have entered into a significant long-term Power Purchase Agreement (PPA) to supply green electricity to the first direct reduction plant at the Duisburg location, marking a pivotal step in the tkH2Steel transformation project. The … Read the full press release
(IN BRIEF) RWE Supply & Trading has finalized Power Purchase Agreements (PPAs) with seven prominent German industrial customers, securing the supply of approximately 1,000 gigawatt hours per year of green electricity from its Kaskasi offshore wind farm starting in 2026. … Read the full press release
(IN BRIEF) RWE and PPC, in collaboration through their joint venture company Meton Energy S.A., are accelerating Greece’s energy transition by investing in solar projects with a collective capacity of nearly 1 gigawatt. The final investment decision has been made … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Costas Papamantellos, energy transition, Greece, Katja Wünschel, Konstantinos Mavros, Meton Energy S.A., partnership, PPC, RWE, solar projects, sustainability
(IN BRIEF) DHL Group has signed a significant 10-year green energy agreement with RWE Supply & Trading, starting in 2026, to purchase approximately 104 gigawatt-hours of renewable electricity annually. This move aligns with DHL Group’s commitment to decarbonization and sustainability, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Amrumbank West, Anna Spinelli, DHL Group, electricity, green electricity, Hendrik Niebaum, Kaskasi offshore wind farm, logistics, Nordsee Ost, offshore wind farm, recyclable rotor blades, renewable energies, RWE, RWE wind farms
(IN BRIEF) RWE’s agrivoltaics (Agri-PV) plant in Germany, which integrates power generation and agriculture, has commenced the supply of green electricity to the grid after a rapid five-month construction period. Located on approximately seven hectares of recultivated land near the … Read the full press release
(IN BRIEF) RWE, a global leader in renewable energies, has achieved a significant milestone by connecting its 20th onshore wind farm to the grid in Poland. The Żnin wind farm, located in Kujawsko-Pomorskie, boasts 16 wind turbines with a total … Read the full press release
(IN BRIEF) In celebration of its 125th anniversary, RWE established the RWE Foundation with a substantial starting capital of 125 million euros, dedicated to fostering equal opportunities for children and young people across Europe. The foundation recently unveiled two of … Read the full press release
Posted in Business, Education, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Non Profit, Society
Tagged Disadvantaged Youth, donation, Education, Endowment, Gabriele Tennagels, RWE, RWE Foundation, society
(IN BRIEF) Vattenfall has agreed to sell the Norfolk Offshore Wind Zone to RWE for £963 million, ensuring the continued development of three wind farms off the east coast of England. The Norfolk Zone, with a total capacity of 4.2 … Read the full press release
(IN BRIEF) The European Commission has given its approval for RWE to receive €2.6 billion in compensation for the early phase-out of its lignite-fired power plants, as mandated by the German Act to Reduce and End Coal-Fired Power Generation passed … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Coal Phase-Out, European Commission, partnership, RWE, sustainability
(IN BRIEF) RWE has entered into an agreement with Masdar, a clean energy leader, to collaborate on the UK Dogger Bank South (DBS) offshore wind development projects. Masdar will acquire a 49% stake in the projects, while RWE will retain … Read the full press release
(IN BRIEF) RWE’s Swedish offshore wind farm, Kårehamn, located in the Baltic Sea near the Island of Öland, has marked a decade of successful operation since its commissioning in October 2013. This offshore wind facility consists of 16 turbines, each … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Sweden
Tagged 10 Years, Green Energy, Kårehamn, Matilda Machacek, offshore wind farm, RWE, sustainability
(IN BRIEF) DNV and 14 industry partners, including RWE, Vattenfall, Ørsted, and others, have completed phase 1 of the Emission Reduction (EMRED) Joint Industry Project (JIP), which aims to develop a monitoring and reporting framework for quantitatively assessing greenhouse gas … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Arnstein Eknes, Atheloen and Fred, Cadeler, DEME, DNV, Emission Reduction Framework, GustoMSC, Heerema, Jan De Nul Group, Jan Schanke-Jørgensen, Maersk Supply Service, Offshore wind, partnership, Peter Staal, RWE, Scottish Power Renewables, sustainability, Van Oord, Vattenfall, Ziton, Ørsted
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