RWE gets JBM Solar

• Deal gives German designer with a mature pipe around 6.1 GW of PV and also storage projects in the UK

RWE has acquired JBM Solar, a designer of solar as well as battery storage space systems, in the UK.

With the procurement of the company, RWE has taken over a mature pipe with a combined capacity of around 6.1 GW, split into 3.8 GW of solar as well as 2.3 GW of battery storage space projects.

A lot of the projects are in the main and southerly regions of England and a big proportion currently have grid connections and also land protected.

A number of projects are ready for final investment decision as well as have actually secured the necessary planning approvals from the relevant authorities.

This suggests that the very first solar and battery storage projects could be functional as early as end of 2024 RWE expects that typically concerning 450MW each year will certainly be commissioned.

Katja Wünschel, Chief Executive Officer Onshore Wind as well as Solar Europe & Australia of RWE Renewables, claimed: "We are currently well positioned in offshore and onshore wind in the UK.

" Currently we are significantly strengthening our renewables business by including this currently very innovative solar as well as battery pipeline.

" The combined advancement pipeline, among the biggest in the UK, supplies incredible opportunities for sustainable and value accretive growth.

" The very first projects could be delivering power as early as next year.

" I ´ m really happy to invite our new coworkers from JBM Solar as well as to jointly driving ahead the green expansion of RWE in the UK."

The JBM Solar business comes with a group of around 30 specialists.

Headquartered in London as well as established in 2012, the team has expertise across the entire advancement procedure from land procurement to building and construction preparedness.

JBM Solar was obtained from London-based renewables investor Susgen.

RWE already has a footprint in UK wind power, with a combined capacity of more than 2.6 GW (RWE pro-rata) including 10 offshore and also 33 onshore wind farms in operation.