RWE and Stanwell have teamed up to construct two onshore wind farms with a total capacity of 1.8 GW in Queensland Australia. Stanwell will look into energy offtakes and probable equity investment in RWE’s 1.1 GW Theodore wind farm which is under construction near the town of Biloela. A second wind project with 720 MW of capacity is at an initial stage of construction in the southern part of the state
After the investment decisions are made the two projects will start their operations by 2029. Additionally, more than 500 jobs will be created during the construction phase of the Theodore project, and up to 50 permanent employment will be created throughout the 35-year operational phase, producing enough electricity to power 410,000 homes.
In July 2023, RWE announced eight long-term power purchase agreements (PPAs) with Dominion Energy Virginia to supply solar power totaling 300 MW. RWE supplied power from its seven solar projects, generating 750,000 MWh of clean energy. All of the projects were located in the US state of Virginia. The portfolio of solar projects covered by the PPAs will power 70,000 homes in Virginia.