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RWE to add 1GW of renewables capacity by 2030 in Europe

The green energy developer RWE is considering adding 1GW of renewables capacity by 2030 in Europe.

Not limited to this, the company plans to have 2GW of flexible and hydrogen-compatible back-up capacities in addition to 700MW electrolyser capacity for green hydrogen.

The company announced that it intends to expand its renewables activity in the German region of North Rhine-Westphalia.

According to the company, "these investments will form part of RWE’s planned investment of €15bn in domestic offshore and onshore wind, solar, batteries, flexible backup capacities and hydrogen projects."

Andreas Pinkwart, Minister of Economic Affairs in North Rhine-Westphalia, remarked,

“North Rhine-Westphalia is a strong industrial state and we want to remain this. That is why we are working on accelerating the expansion of renewable energies, gas and hydrogen power plants in order to enable a climate-friendly restructuring of our economy and society."

He further expressed hope to develop the area into the most modern and climate-friendly zone in Europe.

Meanwhile, RWE CEO Markus Krebber commented,

“As part of the industrial heartland of Germany, North Rhine-Westphalia has a special role to play in the transition towards a climate-neutral economy."

It has been reported that RWE will be developing wind farms and ground-mounted photovoltaics plants.

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