RWE Touts Strong U.S. Renewable Growth Outlook, Eyes Calpine

August 15, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Multinational energy company RWE AG (Essen, Germany) is upbeat about its prospects in the U.S., where it plans to grow its renewables portfolio from more than 9 gigawatts (GW) of net installed capacity today to more than 19 GW by 2030. Executives made their confidence in the U.S. clear in a recent presentation, but they remained coy about their rumored interest in buying a minority stake in natural gas-oriented utility Calpine Corporation (Houston, Texas).

Industrial Info is tracking more than $27 billion worth of active and proposed projects from RWE across the U.S., more than half of which is attributed to wind-energy projects.

Other companies featured: Acciona Energia, First Solar Incorporated (NASDAQ:FSLR), Ameren Corporation (NYSE:AEE), Commonwealth Edison, MidAmerican Energy Company, Berkshire Hathaway Incorporated (NYSE:BRK.A) and NRG Energy Incorporated (NYSE:NRG)