German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1 Updated On Tue, Aug 16th, 2022 by Saurenergy In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […] Read more
Two RWE Projects Selected For EU Innovation Fund Grants Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy player RWE has said that two of its innovative projects have been pre-selected for funding by the EU Innovation Fund. The fund is claimed to be one of the world’s largest programmes for demonstrating innovative low-carbon technologies. These are RWE’s FUREC project in the Netherlands and an offshore wind farm off the German […] Read more
REC Group gets EU grant for solar factory in France Updated On Fri, Jul 15th, 2022 by Saurenergy REC Solar has declared the award of a grant from the European Union for the construction of a 2 GW heterojunction (HJT) module factory in France. India’s Reliance Industries bought REC Solar in 2021. The company held previously that 2 GW per year of HJT modules that will be manufactured by it will have a […] Read more