RWE to develop four onshore wind farms in France and Poland

18/01/2021 09:12 Wind


Three of the wind farms will be located in France and one in Poland and will have a total installed capacity of 76MW

German utility RWE is expanding its market presence in France and Poland with the construction of four onshore wind farms and an investment of €95 million (£84m).


The wind farms – three in France and one in Poland – will have a total installed capacity of 76MW, with the first French project already under construction and work expected to begin on the other projects in the first quarter of 2021.


All the projects followed the purchase of the European onshore wind and solar development business of Nordex, which RWE acquired in November 2020.


The acquisition added a further 2.7GW in France, Spain, Sweden and Poland to RWE’s existing 22GW development pipeline, with the bulk – 1.9GW – of the new portfolio based in France.


Katja Wunschel, COO Wind Onshore and PV Europe & APAC, RWE Renewables said: “Through the acquisition of the Nordex pipeline in 2020, we aimed at expanding our market presence especially in France. We are now following our words with actions.


“The first three onshore wind farms are being constructed in France and work on one of these has already begun. As this shows, we are consistent in making use of the growth opportunities that come our way. It also highlights our ambition to further expand our position as one of the world’s leading renewable energy companies.”


By the end of 2022, the company aims to expand its portfolio to a new capacity of more than 13GW.

China ‘installed half of new global offshore wind capacity in 2020’

04/03/2021 08:43:00

China accounted for half of all new global offshore wind capacity in 2020.


UK to set up green infrastructure bank

04/03/2021 08:15:00

The bank will be able to deploy £12bn of equity and debt capital and issue up to £10bn of guarantees. It should support up to £40bn of total investment, Sunak said.


Daily (03.03.2021): Oil prices tumbled to two-week lows on Tuesday amid expectations that OPEC will boost output

03/03/2021 10:37:00

Crude oil prices remained on the back-foot for the fourth consecutive day on Tuesday amid expectations that OPEC+ producers will ease supply curbs at their meeting later this week as the global oil demand shows signs of recovery from the coronavirus pandemic. Hence, Brent crude dropped by 99 cents, or 1.6%, to settle at $62.70 a barrel, its lowest close since Feb. 12. U.S. WTI crude fell by 89 cents, or 1.5%, to $59.75, its lowest settlement since Feb. 19.