RWE plans €50 billion investment in renewables by 2030

By John Engel Follow @EngelsAngle

German energy titan RWE plans to invest €50 billion in renewable energy technologies by 2030 as part of a new strategy to deploy an additional 25 gigawatts of clean energy generating capacity.

The plan, announced Monday, would bring RWE’s total green generation to 50 GW by the end of the decade. The corporation will invest in onshore and offshore wind, solar, batteries, flexible generation, and hydrogen.

“We are in a great position to actively shape the key decade of the energy transition,” RWE CEO Markus Krebber said in a statement. “Leading the way to a green energy world, we are fully

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