RWE is expanding its onshore wind presence in Mecklenburg-Western Pomerania with a new 22.8-megawatt wind farm near Papenhagen, set to be commissioned in mid-2026. The project includes four wind turbines and will provide clean electricity for approximately 20,000 households. Construction began after RWE secured the project through a competitive auction run by Germany’s Federal Network Agency at the end of 2024.
As part of its commitment to local communities, RWE will voluntarily pay 0.2 cents per kilowatt-hour of electricity produced—an estimated €130,000 annually—for regional development. An additional wind turbine is being constructed nearby on behalf of a project partner.
Katja Wünschel, CEO of RWE Renewables Europe & Australia, emphasized the company’s commitment to accelerating wind energy deployment in Germany, highlighting the importance of local stakeholder benefits.
RWE’s continued expansion comes at a time of shifting dynamics in the renewable energy investment landscape. According to BloombergNEF, global acquisitions of clean power assets fell 26% in 2024 to 89.4 GW, due to a volatile M&A environment. However, strategic players such as RWE, Masdar, and TotalEnergies capitalized on the downturn by acquiring high-quality assets at lower valuations, strengthening their portfolios for long-term growth.
Despite broader market hesitancy, RWE’s steady investment signals confidence in wind energy’s role in Europe’s energy transition and in its ability to turn short-term market weakness into long-term opportunity.