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RWE is one of the world's leading companies for renewable energies. The company has a capacity of about 10 gigawatts based on renewables including hydropower and biomass as well as an efficient gas fleet and an internationally active energy trading business. RWE wants to expand its position by investing in onshore and offshore wind power, photovoltaics and storage technologies. As a driver of the energy transition, the company is also focusing on innovative projects such as floating offshore and the production and use of hydrogen. In addition to its core business, the company generates electricity from nuclear energy and coal; state-defined exit paths have been defined for both energy sources. In total, the company owns a portfolio of around 44 gigawatts of generating capacity and employs around 20,000 people worldwide. RWE has a clear target: carbon neutrality by 2040.
RWE Energy APAC Co. Ltd.: in 2019, RWE set up a dedicated Belt and Road office in Chengdu and founded the new company RWE Energy APAC Co. Ltd., located in Chengdu, to strengthen overseas cooperation with Chinese leading smart city developer “Sichuan Chengdu”. We leverage our global project expertise to support the Chengdu City and the surrounding areas as technical advisor, helping to establish Chengdu Tianfu New Area as a world-class sustainable city by sharing our know-how in mine rehabilitation, efficient and sustainable power generation, waste treatment and water protection to further increase the quality of life of Chengdu’s population.
RWE Supply & Trading (Shanghai) Co., Ltd. is a wholly-owned subsidiary of RWE Supply & Trading Asia-Pacific Pte. Ltd. and an indirectly wholly-owned subsidiary of RWE Supply & Trading GmbH (“RWEST”), a leading energy trading company in Europe with a global presence and one of the key companies within the European energy sector. RWEST is a wholly-owned subsidiary of the Fortune 500 company RWE AG (“RWE”).