RWE in €15bn German renewables push

Investment in local wind and solar projects comes as new German coalition government targets 80pc renewables by 2030

German energy company RWE is stepping up its push into renewables in Germany with plans to invest up to €15bn ($16.9bn) in wind and solar to 2030. The expansion will include setting up seven new regional offices across the country to focus on local projects, creating about 200 jobs, according to the Essen-based company. The new strategy, called ‘Tailwinds for Germany’, comes as the country’s new coalition government officially agrees to push ahead with its agenda, which includes boosting the share of renewables to 80pc from about 40pc currently. “RWE sees particularly strong potential for growth in Germany” Wuenschel, RWE A mainstay of the renewables strategy drawn up by the coalitio