The German energy group RWE plans to invest around €15bn gross in offshore and onshore wind, solar, batteries, flexible backup capacities and hydrogen in Germany by 2030. The group plans to invest €4bn in the German Land of North Rhine-Westphalia (NRW) by 2030 to build at least 2,000 MW of gas-fired capacity on its coal-fired power plant sites by 2030. The projects should be “H2-ready”, meaning that it will be possible to adapt them quickly for fuelling with hydrogen once it becomes available in sufficient volumes. RWE also wants to develop 1,000 MW of renewable projects in North Rhine-Westphalia, including 500 MW to be located in the Rhenish lignite area (mainly wind parks and ground-mounted solar PV plants, some of them in combination with electricity storage facilities, and potentially demonstration plants for floating and agricultural PV), and electrolysers with a capacity of up to 700 MW.
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