RWE Scales Renewable Energy and Grid Investment in H1 2026 RWE reported financial results for the first six months of 2026 that reflected increased wind generation and portfolio expansion. The German energy company's adjusted earnings before interest, taxes, depreciation and amortisation reached €3bn (US$3.3bn), compared with €2.1bn (US$2.3bn) in the corresponding period of 2025. Adjusted net income rose to €1.3bn (US$1.4bn) from €800m (US$880m) year on year. The company added 2.6GW of generation capacity in the 12 months to end June, including wind, solar and battery storage assets. Portfolio expansion supports results According to RWE, the company commissioned 752MW of new generation capacity during the first half of 2026. Total portfolio capacity across renewables, flexible generation and battery storage reached almost 41GW. A further 10.3GW remains under construction. Wind conditions across Europe during the period were stronger than in the first half of 2025, which could have contributed to higher generation volumes. Offshore wind adjusted EBITDA increased to €810m (US$891m) from €643m (US$707m). Onshore wind and solar earnings rose to €1.016bn (US$1.1bn) from €830m (US$913m) in the same period last year. "2026 has been a decisive and successful year for us so far," says Markus Krebber, CEO of RWE, on LinkedIn. "Our strong first-half results show our continued progress in strengthening our portfolio while meeting our operational and financial targets. We deliver on our promises." Flexible capacity earnings increase RWE's flexible generation segment recorded adjusted EBITDA of €1.025bn (US$1.1bn) in the first half of 2026, up from €606m (US$667m) a year earlier. The increase included a €332m (US$365m) compensation payment from the Dutch state relating to restrictions placed on coal-fired generation at the Eemshaven power plant in 2022. Earnings from the segment also benefited from higher revenues generated through the UK capacity market. Battery storage is becoming a larger component
RWE Scales Renewable Energy and Grid Investment in H1 2026
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