(IN BRIEF) RWE, a leading energy company, has reported significant investments of €10.3 billion in its “Growing Green” program during the first nine months of fiscal 2023, marking a substantial increase from the previous year’s €3.1 billion investment. The acquisition … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Financial, Green Initiatives, investment, Michael Müller, partnership, RWE, sustainability
(IN BRIEF) Equinor and RWE have signed a new supply agreement for natural gas, covering a period of five years starting in October. The agreement entails the supply of 10 to 15 terrawatt hours (TWh) of natural gas annually, strengthening … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Helge Haugane, natural gas, partnership, RWE, sustainability, transition
(IN BRIEF) RWE, an energy company based in Germany, has signed a new supply agreement with Equinor, a Norwegian energy company, for natural gas. The agreement spans five years, starting in October, with an annual volume ranging from 10 to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Germany, Helge Haugane, Natural Gas Supply, Norway, partnership, RWE, sustainability, transition
(IN BRIEF) RWE and Equinor have entered into a new supply contract for 10 to 15 terawatt hours (TWh) of natural gas annually, spanning until 2028. This collaboration strengthens their longstanding partnership and aims to enhance security of supply and … Read the full press release
(IN BRIEF) RWE, a leading player in offshore wind energy, has initiated its inaugural “Floating Wind Co-use Competition,” aimed at fostering sustainable innovation in the field. The competition seeks proposals from start-ups, research institutes, and individuals globally to promote coexistence … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Germany, Industrial, Small Business, Technology
Tagged biodiversity enhancement, Competition, floating offshore wind, floating offshore wind farms, Offshore wind, RWE, sustainable floating offshore wind farms, Sven Utermöhlen, “Floating Wind Co-use Competition”
(IN BRIEF) RWE, a leading energy company, has taken a pioneering step in promoting sustainability in wind power with its Orkoien onshore wind project near Pamplona, Spain. Over 14 months, RWE constructed a 5.7-megawatt onshore wind turbine while testing two … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged INNOVATION, Katja Wünschel, Onshore Wind Project, Orkoien, Pamplona, partnership, RWE, Spain, sustainability, wind power
(IN BRIEF) The DemoSATH floating offshore wind project, led by Saitec Offshore Technologies in collaboration with RWE and KEPCO, has achieved a significant milestone by commencing electricity generation. Located off the Basque coast, the DemoSATH platform features a 2 MW … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged clean energy, David Carrascosa, DemoSATH, floating offshore wind project, Kazumi Ogura, KEPCO, partnership, RWE, Saitec Offshore Technologies, Spain, sustainability, Sven Utermöhlen
(IN BRIEF) RWE’s Sofia Offshore Wind Farm project has commenced offshore construction with the installation of subsea cable infrastructure connecting the UK’s northeast coast to the wind farm site on Dogger Bank in the North Sea. The cable, to be … Read the full press release
(IN BRIEF) RWE Aktiengesellschaft is set to acquire shares in RWE Aktiengesellschaft within the November 15 to November 21, 2023 timeframe. The total purchase value is capped at EUR 25,000,000.00, representing a maximum of 656,857 shares based on the closing … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged Aktiengesellschaft, Employee Share Programme Compliance, Financial, RWE, Share Acquisition
(IN BRIEF) RWE, a prominent renewable energy company, has commenced construction of the 200 MW Montgomery Ranch Wind Farm in Foard County, Texas. This new addition elevates RWE’s wind capacity in Texas to 4.3 GW, capable of powering over 1.2 … Read the full press release
(IN BRIEF) RWE, a leading global offshore wind company, has secured a lease in the U.S. Department of the Interior’s first Gulf of Mexico offshore wind lease auction. The company won Lease Area OCS-G 37334 with a bid of $5.6 … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Auction, Gulf of Mexico, John Bel Edwards, Louisiana, Offshore wind, RWE, Sven Utermöhlen
(IN BRIEF) State-owned electric power transmission operator ČEPS has finalized the sale of its subsidiary, RWE Gas Storage CZ, to RWE, a German energy company. The Czech Republic’s government approved the purchase, and the contract was signed recently. RWE Gas … Read the full press release
(IN BRIEF) RWE is making substantial progress in green electricity production with a new venture at the Hambach lignite opencast mine. They’re constructing a photovoltaic plant integrated with a battery storage system. About 22,000 solar modules will be installed, capable … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Technology
Tagged battery storage system, green electricity production, Hambach lignite opencast mine, Katja Wünschel, Lars Kulik, Neuland Hambach GmbH, photovoltaics plant, Rhenish mining district, RWE, RWE Neuland Solar Farm
(IN BRIEF) RWE has been granted awards by the German Federal Network Agency for two wind farm sites, N-3.6 and N-3.5, within the Nordseecluster B in the German North Sea. The company intends to develop, build, and operate two wind … Read the full press release
(IN BRIEF) RWE, focused on building a sustainable energy system, significantly increased its investment activity in the first half of fiscal 2023, spending €9 billion on growth compared to €2.1 billion in the same period last year. This expansion included … Read the full press release
Posted in Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged finacial, investment, Markus Krebber, renewable energy, RWE
(IN BRIEF) RWE, a German energy company, has raised its earnings forecast for fiscal year 2023 based on strong operational performance in the first half of the year. The increase in earnings is primarily attributed to international power generation in … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Management, News
Tagged Earnings Outlook for 2023, Financial, Michael Müller, power generation, RWE
(IN BRIEF) RWE Renewables Europe & Australia GmbH has won a tender to develop a wind farm in the state of Hesse, Germany. The planned wind farm, with a capacity of over 30 megawatts, will be located in the municipality … Read the full press release
Posted in Energy, Gas & Oil, Environment, Germany
Tagged Katja Wünschel, renewable energy, RWE, RWE Renewables Europe & Australia, tender, wind farm
(IN BRIEF) RWE, a prominent renewable energy developer, has achieved triple success in an onshore wind auction in France. The Commission de regulation de l’énergie (CRE) has awarded RWE three onshore wind projects, totaling 43.5 megawatts (MW) of capacity. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Industrial, Management, News
Tagged France, French Onshore Wind Auction, RWE
(IN BRIEF) RWE, Mitsui, and the Port of Tilbury have joined forces to develop an innovative hydrogen project at the Port of Tilbury in Essex, UK. This collaboration, outlined in a memorandum of understanding (MoU), aims to advance two green … Read the full press release
(IN BRIEF) Sun’Agri and RWE have formed a strategic partnership to advance the development of agricultural photovoltaics (Agri-PV) in France. Agri-PV combines agriculture and renewable energy by placing solar panels above crops to protect them from climate change effects. Sun’Agri’s … Read the full press release
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