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China to invest in UK’s nuclear plants

Two Chinese state-owned energy companies are interested in buying E.ON and RWE's UK nuclear joint venture Horizon which was put up for sale in March, as China envisages building a huge number of new nuclear plants on its own territory, to replace some of its old and heavily polluting coal plants.

read more... 07/05/2012

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E.ON and RWE give up their plans to develop UK nuclear plants

German utilities giants E.ON and RWE have decided to suspend their plans to build new nuclear plants in the UK.

read more... 30/03/2012

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The world’s most powerful offshore wind turbine installed in Belgium

The world’s most powerful offshore turbine, capable of generating 6.15 MW of power was installed in Belgium by the German energy company RWE Innogy and Belgian offshore project development company C-Power NV.

read more... 23/03/2012

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Ukraine is considering gas purchase from European spot market

Ukraine is taking small steps to reduce its reliance on Russian gas imports. According to the Ukraine's Zerkalo nedeli weekly newspaper, the country envisages purchasing three million cubic meters of gas per day from German giant RWE.

read more... 12/03/2012

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RWE to divest 7 billion euros in assets as its profit slumps

RWE, Germany’s second-largest utility is planning to divest 7 billion euros in assets between 2012 and 2013 and introduce cost cutting measures totaling around 1 billion euros through 2014.

read more... 06/03/2012

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