Tag: RWE

Global offshore wind industry to increase voltage

Stuart Mitchell

The offshore wind industry is increasing array voltage from 66kV to 132kV, to enable larger turbines, reduce cost and ultimately help meet global climate demands.  This increase in array voltage will:  Enable more efficient power collection for future wind farms globally  Reduce the length of cables in the offshore wind farm   Less cable will lower costs and environmental footprints  Facilitate the next generation of offshore wind turbines.  The industry’s last voltage shift began in 2010, when the Offshore Wind Accelerator (OWA) – Carbon Trust’s flagship research, development and deployment…

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RWE unveils plans for €50bn renewable energy investment this decade

Stuart Mitchell

Greener, bigger, more valuable – that is RWE in 2030. For the first time, the company is providing details of what it will look like by the end of the decade. With its new strategy ‘Growing Green’, RWE is massively stepping up the pace and is investing €50 billion gross in its core business. That means an average of €5 billion gross each year for offshore and onshore wind, solar, batteries, flexible generation and hydrogen. The company is thus expanding its portfolio by 25 gigawatts net to 50 gigawatts (GW) in the attractive markets…

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RWE successfully issues €1.35 billion green bond

Stuart Mitchell

RWE has successfully issued a further green bond with a total volume of €1.35 billion. The bond was issued in two tranches of €0.75 billion with seven-year tenor and €0.6 billion with twelve-year tenor respectively. For the first tranche, the yield-to-maturity amounts to 0.528%, based on a coupon of 0.5% p.a. and an issuance price of 99.808%.  For the second tranche, the yield-to-maturity amounts to 1.077 %, based on a coupon of 1.0% p.a. and an issuance price of 99.138%. The issuance met with keen interest from investors. In June…

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New joint industry programme launched to optimise the integration of offshore wind

Stuart Mitchell

A new joint industry programme launched by the Carbon Trust aims to maximise the contribution of offshore wind to a low cost, flexible, predictable and low carbon energy future. The Integrator programme has secured support from six major offshore wind farm developers: EnBW, Equinor, RWE, ScottishPower Renewables, Total and Vattenfall who will collaborate on a series of projects over the next year, as part of this first-of-a-kind, developer-led programme in this field.  The successful reduction in the levelised cost of energy (LCOE) of offshore wind has contributed to increased deployment…

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