Our efforts are directed at further improving the competitiveness of solar energy by reducing the costs of investment, operation and maintenance. The solar market is a key component in the energy transition, and will enjoy above-average growth in the coming years.

RWE can see huge potential for locations internationally, especially in Europe, the US, Mexico and Australia, and is actively involved in project development, construction and operation in those locations. Australia’s Limondale 1 and 2 solar farms, with production capacity of 250 MW, and the Hickory Park hybrid solar project with co-located storage facility are among the most well known large-scale projects in the sector.

In RWE’s home market of Germany, the company sees particular potential for growth in solar energy, and is investing heavily in expansion in this area. Because the success of solar projects as a local business also depends on other local participants, we are strongly expanding our presence in all regions of Germany. The aim is clear: In the area of solar power in Germany, every project that’s possible is to be implemented. In addition to traditional utility-scale photovoltaic projects, we are focusing more strongly on innovative solutions such as the construction of floating photovoltaic projects on lakes and other bodies of water, and on agri-photovoltaic projects on agricultural land.