Renewables Investments 'paying Off' As Rwe's Wind Earnings Grow
Wind Power News 1:12 pm on May 15, 2024
RWE reports increased Q1 2023 wind earnings due to improved conditions, new capacity; other segments see reduced profit.
- Increased Wind Earnings: RWE's offshore and onshore wind divisions saw higher profits in Q1 2023.
- New Capacity Contributions: Growth is attributed to the addition of new capacity.
- Sector Earnings Decline: Non-wind business segments reported lower earnings during this period.
- Industry Trend: The results reflect a positive trend in wind energy profitability.
- Financial Impact: Higher profits are offset by challenges faced across RWE's portfolio.
https://www.windpowermonthly.com/article/1872780/renewables-investments-paying-off-rwes-wind-earnings-grow