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RWE Bets on Fair Winds for Future Energy
GALWAY, IRELAND--May 25, 2012 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) German energy giant, RWE AG (OTC:RWEOY) (Essen, Germany), is pinning its future on wind and solar power as it attempts to recover from Germany's decision to ditch nuclear power last year.
The company's new incumbent chief executive, Peter Terium, this week reinforced the company's pledge to renewable energy, by launching a €100 million ($126 million) offshore wind vessel that will be used to build the company's first German offshore windfarm.
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Industry Segment: Power
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