German energy corporation RWE has earmarked $ 1.7bn per year for the growth of its solar and wind capacity . The company is in talks to absorb the renewables cost of solar and invest in a project expected to be completed by the end of the year , which will lead to RWE becoming Europe ’s third - largest renewables supplier .
German energy corporation RWE has earmarked $1.7bn per year for the growth of its solar and wind capacity. The company is in line to absorb the renewables operations of EON and Innogy in a transaction expected to be completed by the end of the year, which will lead to RWE becoming Europe’s third-largest renewables operator.