RWE and European Energy A/S have entered into a multiyear offtake agreement, that the Danish developer of renewable projects will deliver 3000 GWh of green energy to RWE.
The agreement will take effect from 1 January 2024 and run for seven years. In this period, European Energy A/S will supply green power to RWE in Denmark. The agreement provides security to the Danish company to advance the realisation of its renewables projects.
RWE intends to further expand its position by investing in onshore and offshore wind power, photovoltaics, and storage. The Group’s subsidiary serves as the interface between RWE’s generation, customers, and the energy markets around the world, and trades electricity, gas, commodities, and CO2 emission certificates.
Read the article online at: https://www.energyglobal.com/energy-storage/25022020/european-energy-to-supply-green-power-to-rwe-in-denmark/