RWE and Hellenic Petroleum Group, through their respective subsidiaries RWE Renewables GmbH and ELPE Renewables SA, are joining forces to jointly explore opportunities for the development and exploitation of offshore wind energy in Greece. The Terms of Cooperation of the 50-50 joint venture were recently signed by the two companies, with the aim of their […]
Tag: RWE
Intense mobility and new projects from PPC Renewables
Of Thanks to Floudopoulos PPC’s investment arm in the green energy market, PPC Renewables, has been showing strong mobility lately. The company, which currently operates projects with a total capacity of 250MW, is rapidly developing its portfolio and is already currently constructing projects with a total capacity of 360MW, which will more than double the […]
German RWE opens euro account in Russia to pay for gas
RWE has opened an account in Russia to pay for gas in euros, said a spokesman for Germany’s largest electricity producer, thus satisfying Moscow’s demands for a new payment system, as reported by Reuters. German Economy Minister Robert Habeck said the new method, which has caused confusion among European gas buyers and raised concerns about […]
Increased results for RWE in the nine months
RWE AG announced that adjusted net income and earnings increased in the nine months, and confirmed estimates for 2021. The German energy company announced that the adjusted net profit amounted to 1.03 billion euros for the period, compared to 794 million euros a year ago. Adjusted EBITDA stood at 2.40 billion euros compared to 2.26 […]