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Eastern Europe

RWE expands its green portfolio in Poland

RWE’s portfolio consists of small and medium photovoltaic projects with varying construction timelines. Most of the projects are scheduled for construction in 2024, and are located in the provinces of Warmińsko-Mazurskie, Wielkopolskie, Łódzkie and Dolnośląskie. Many of the projects were developed by the Polish company Alpha Solar, which RWE acquired in 2022.

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RWE already has solar parks with an installed capacity of more than 32 megawatts in operation in Poland, located in Zachodniopomorskie, Wielkopolskie and Podlaskie provinces, among others. The company is planning further investments, expanding into other provinces. Currently, RWE has photovoltaic plants with more than 100 megawatts under construction in Poland.

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In the years 2024 to 2030, RWE plans to invest 55 billion euros worldwide and expand its green portfolio to more than 65 gigawatts. RWE intends to invest 40 per cent of this amount in the expansion of its onshore wind and solar business. The installed capacity in RWE’s global onshore wind portfolio is set to grow from 8.6 gigawatts today to 14 gigawatts by 2030, with solar expanding from 3.9 gigawatts to 16 gigawatts. (mfo)