RWE and WhiteRock Partner to Develop US Renewables

Apr 10, 2024 12:28 PM ET
  • RWE AG partners with WhiteRock Renewables to boost US renewable energy projects, aiming for 30% global green capacity by 2030.

RWE AG's clean energy arm has partnered with WhiteRock Renewables to accelerate the development of onshore wind, solar, and energy storage projects in the US. WhiteRock is expected to originate and develop 4-5 GW of renewables, with RWE having the option to acquire these projects as they mature. RWE aims to increase its US portfolio to make up 30% of its global green installed capacity by 2030.

Hanson Wood, Senior Vice President of Utility-Scale Development for RWE Clean Energy, stated that the company is investing billions to expand its US portfolio and has enlisted WhiteRock to help achieve its ambitious growth strategy. Currently, RWE has over 9 GW of net installed renewables capacity in the US and aims to surpass 19 GW by 2030.

How is RWE AG accelerating its US solar and wind projects with WhiteRock Renewables?

  • RWE AG's clean energy arm has partnered with WhiteRock Renewables to accelerate the development of onshore wind, solar, and energy storage projects in the US.
  • WhiteRock Renewables is expected to originate and develop 4-5 GW of renewables, with RWE having the option to acquire these projects as they mature.
  • RWE aims to increase its US portfolio to make up 30% of its global green installed capacity by 2030.
  • Hanson Wood, Senior Vice President of Utility-Scale Development for RWE Clean Energy, stated that the company is investing billions to expand its US portfolio and has enlisted WhiteRock to help achieve its ambitious growth strategy.
  • Currently, RWE has over 9 GW of net installed renewables capacity in the US and aims to surpass 19 GW by 2030.

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