RWE Secures New Wind Projects in France, Expands Renewable Capacity with 41.3 MW in Latest Bid Round

RWE Secures New Wind Projects in France, Expands Renewable Capacity with 41.3 MW in Latest Bid Round

(IN BRIEF) RWE has won contracts for two new wind projects in France’s latest onshore wind bidding round, adding a combined 41.3 MW of capacity in the Nouvelle-Aquitaine and Centre-Val de Loire regions. These projects will provide clean energy to approximately 33,700 people and reinforce RWE’s renewable growth strategy in France. Since entering the French market in 2020, RWE has expanded its renewable capacity and is investing globally to achieve over 65 GW in green energy by 2030.

(PRESS RELEASE) ESSEN, 14-Nov-2024 — /EuropaWire/ — RWE has secured contracts for two onshore wind projects in France’s latest bidding round (AO 16), awarded by the French Commission for the Regulation of Energy (CRE). With a combined capacity of 41.3 MW, these projects in Nouvelle-Aquitaine and Centre-Val de Loire will enhance RWE’s renewable energy presence in the region. The Morgat wind farm, located in Charente-Maritime, will feature two turbines totaling 11.8 MW, while the Pressoirs wind farm in Indre will consist of five turbines with a total capacity of 29.5 MW, collectively supplying green energy to approximately 33,700 residents.

Katja Wünschel, CEO of RWE Renewables Europe & Australia, stated that this achievement exemplifies RWE’s commitment to local integration and competitive pricing, aligning with the company’s Growing Green strategy. Since entering the French market in 2020, RWE has commissioned 240 MW of renewable energy capacity and is actively developing more than 1.4 GW in onshore wind and 900 MWp in solar projects. Globally, RWE aims to expand its green energy capacity to over 65 GW by 2030, with €55 billion in planned investments through the decade.

RWE is leading the way to a green energy world. With its investment and growth strategy Growing Green, RWE is contributing significantly to the success of the energy transition and the decarbonisation of the energy system. Around 20,000 employees work for the company in almost 30 countries worldwide. RWE is already one of the leading companies in the field of renewable energy. Between 2024 and 2030, RWE will invest 55 billion euros worldwide in offshore and onshore wind, solar energy, batteries, flexible generation, and hydrogen projects. By the end of the decade, the company’s green portfolio will grow to more than 65 gigawatts of generation capacity, which will be perfectly complemented by global energy trading. RWE is decarbonising its business in line with the 1.5-degree reduction pathway and will phase out coal by 2030. RWE will be net-zero by 2040. Fully in line with the company’s
purpose – Our energy for a sustainable life.

RWE Renouvelables France
A subsidiary of the RWE, RWE Renouvelables France is one of the leading developers and producers of renewable energies on the French market. With 270 employees throughout France, our teams develop, finance, build and operate wind and solar farms. The Group is currently developing over1,4 GW of onshore wind projects, 900 MWp of solar projects and has commissioned around 240 MW in 2 years. It is also positioned in all French offshore wind power tenders.

Forward-looking statements
This press release contains forward-looking statements. These statements reflect the current views, expectations and assumptions of management, and are based on information currently available to management. Forward-looking statements do not guarantee the occurrence of future results and developments and are subject to known and unknown risks and uncertainties. Actual future results and developments may deviate materially from the expectations and assumptions expressed in this document due to various factors. These factors primarily include changes in the general economic and competitive environment. Furthermore, developments on financial markets and changes in currency exchange rates as well as changes in national and international laws, in particular in respect of fiscal regulation, and other factors influence the company’s future results and developments. Neither the company nor any of its affiliates undertakes to update the statements contained in this press release.

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Media Contact:

Pierre-Emmanuel Burg
RWE Renouvelables France
Head of Communication France
T +33 7 85 93 42 10
E pierre-emmanuel.burg@rwe.com

SOURCE: RWE