RWE plans annual 1.5 bln. euro of renewables investments

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German energy company RWE aims to become carbon neutral by 2040 and plans the requisite renewables investments largely away from its home market, writes Daniel Wetzel in Die Welt. The company, which still has big lignite operations in Germany and owns many of Europe’s most CO2-intensive power plants, aims to invest 1.5 billion euros annually in renewables over the coming years, Anja-Isabel Dotzenrath, CEO of RWE Renewables GmbH, told Die Welt, according to Clean Energy Wire.

As one of the world’s biggest producers in the renewables business, “we must not think in terms of national borders anyway,” she said.

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