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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Bedburg A 44n – next new wind farm on former opencast mining site
RWE is planning to commence construction of another wind farm on a recultivated opencast mining site as early as next spring, after the company was successful at the latest German auction for onshore wind farms. The future “Bedburg A 44n” wind farm will be situated on a recultivated former opencast mining site near the new … Continue reading Bedburg A 44n – next new wind farm on former opencast mining site
Continue readingCoal Phase-out Act: RWE Power takes first plant off grid – Unit D in Niederaussem
From 31 December 2020, RWE Power will decommission the 300-megawatt Unit D at its Niederaussem lignite power station. Decommissioning this unit forms part of the process of exiting from coal, initiated by Germany’s Commission on Growth, Structural Change and Employment in 2019 and codified by both houses of the German parliament this summer in the … Continue reading Coal Phase-out Act: RWE Power takes first plant off grid – Unit D in Niederaussem
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RWE receives planning permission for Kaskasi offshore wind farm
Kaskasi is the first offshore wind farm which has been approved based on the new wind at sea law by the German Federal Maritime and Hydrographic Agency Offshore construction work will start in Q3 2021 Planned to be fully operational in 2022 For RWE’s offshore wind farm Kaskasi the green light has been confirmed: Beginning … Continue reading RWE receives planning permission for Kaskasi offshore wind farm
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RWE to supply Ineos with wind energy
Electricity to be supplied from 2021 onwards from the Northwester 2 wind farm in the Belgian North Sea. RWE Supply & Trading and Ineos have entered into a long-term Power Purchase Agreement (PPA). Under the terms of the ten-year agreement set to begin in 2021, Ineos will purchase 198 gigawatthours of green electricity per year from … Continue reading RWE to supply Ineos with wind energy
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PPA signed for Humber Gateway Offshore Wind Farm
RWE Renewables signed a Power Purchase Agreement (PPA) with E.ON UK under which the company will offtake 100% of the electricity produced by the Humber Gateway Offshore Wind Farm from 2022 until 2035. This includes the Renewable Obligation Certificates (ROCs) from the plant. The contract directly follows on from the previous agreement to supply E.ON … Continue reading PPA signed for Humber Gateway Offshore Wind Farm
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RWE to divest a stake of 51% in four onshore wind farms in Texas to Algonquin
Sell down in four RWE onshore wind power facilities in Texas of a stake equivalent to a total capacity of 439 megawatts. RWE, one of the world’s leading renewable energy companies, has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51% stake in four RWE onshore wind facilities … Continue reading RWE to divest a stake of 51% in four onshore wind farms in Texas to Algonquin
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RWE’s targets in line with the Paris Agreement
More than a year ago, RWE set itself a target – to be carbon neutral by 2040. Initially, this mainly focused on direct CO2 emissions from power generation. Now, RWE has expanded this goal by extending its climate protection targets to all activities and greenhouse gas emissions of the Group. Specifically, this means that RWE … Continue reading RWE’s targets in line with the Paris Agreement
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RWE chooses Van Oord for foundations and array cables at Sofia Offshore Wind Farm
RWE, the world’s number two in offshore wind power, has advanced the development of Sofia Offshore Wind Farm. The company has selected the international marine contractor Van Oord as the preferred supplier for the engineering, procurement, construction and installation (EPCI) of the monopile foundations and array cables, for one of the world’s largest offshore wind … Continue reading RWE chooses Van Oord for foundations and array cables at Sofia Offshore Wind Farm
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Start of power production at Nysäter Onshore Wind Farm in Sweden
The Nysäter wind project in Sweden has achieved an important milestone on its way to becoming one of the largest onshore sites in Europe. The first of the 21 turbines already installed has been connected to the power grid and has started producing electricity. Once completed, the wind farm will consist of 114 Nordex turbines … Continue reading Start of power production at Nysäter Onshore Wind Farm in Sweden
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RWE is partner of landmark wind energy project involving the offshore production of green hydrogen
Plans to create 10 gigawatts of production capacity by 2035, enough to produce up to one million tonnes of hydrogen per year Concept presented at digital Parliamentary Evening: Bundestag Member Dr Stefan Kaufmann, Federal Commissioner for Hydrogen, emphasises the importance of green hydrogen for the North Sea region RWE contributes expertise in offshore wind and … Continue reading RWE is partner of landmark wind energy project involving the offshore production of green hydrogen
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