The German energy company RWE, which competes with Ørsted in the offshore wind market, is making drastic cuts to future investments in green technology due to increasing uncertainties—particularly in the U.S.—which have led the company to tighten its risk management.
The company announced this in connection with its 2024 financial report, accordin...
Ørsted competitor makes significant cuts to green investments
German RWE lowers its investment budget by 10 billion euros
The EU will support the training of people specifically for offshore wind turbines and PtX, and Skive College has been chosen as the Danish center. Photo: Matthias Ibeler/RWE
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