German energy giant RWE plans to invest 50 billion euros in renewable energy technology by 2030 as part of a new strategy to deploy an additional 25 gigawatts of clean energy power generation capacity.

Germany's energy transition

The recently announced plan will bring RWE's total green power generation capacity to 50 GW by the end of this decade. The company will invest in onshore and offshore wind, solar, batteries, flexible power generation and hydrogen energy. RWE CEO Markus Krebber said in a statement: "We are in a good position to actively shape the key decade of energy transition. On the road to a green energy world, we are fully committed to promoting the climate-neutral transition of industry and society. This is very much in line with our mission to provide energy for sustainable living."

The highlight of this strategy is to increase the installed capacity of offshore wind power from 2.4GW to 8GW, and expand the onshore wind and solar energy from 7 GW to 20 GW (solar energy from 1 GW to 8 GW) and increase the installed battery capacity from 0.6 GW increased to 3GW. Keywords: engineering construction, engineering news

RWE said it also plans to add at least 2 gigawatts of natural gas power generation capacity, which will have a clear roadmap for decarbonization. The company currently has 14 gigawatts of flexible power generation capacity, including Europe's second largest gas-fired power station. For green hydrogen development, RWE's goal is to increase its electrolytic cell capacity to 2GW.Editor/XingWentao