- German company RWE Renewables is one of the world leaders in renewable energy generation
- With this latest addition, RenerCycle now has 18 partners with proven track records in the renewables sector
Pamplona, 24 October, 2022
German electricity generation company RWE Renewables has become a partner of RenerCycle through its Spanish subsidiary RWE Renewables Iberia S.A. With this new addition, 18 companies now make up RenerCycle, with an outstanding variety of profiles in the renewables sector.
RenerCycle is a company dedicated to circular economy industrial solutions in the field of renewable energies. Its approach is comprehensive, including asset retirement, component reconditioning, material recovery and recycling, with the goal of achieving zero waste. RenerCycle brings together 18 partners with extensive prestige and experience in the renewable sector such as ACCIONA Energy, Enerfin, Grupo Enhol, Nordex, Ingeteam, Grupo Mekatar and now also RWE, among others.
Javier Villanueva, Chair of the Board of Directors of RenerCycle: “We are delighted to welcome RWE Renewables as a partner in RenerCycle. The company’s extensive experience in the development of renewables projects on a global scale and its firm commitment to the sustainability of the wind industry will undoubtedly add great value to the future of the company”.
Alfonso Garcia, Head of Operations in Southern Europe and Director of RWE Renewables Iberia said the deal was “a great opportunity to advance the developmentsin the field of recycling, sustainability and the circular economy, creating value in the dismantling and repowering processes of renewable production assets. This fits perfectly to our strategy at RWE to drive the evolution of innovative technology”.
RenerCycle was officially launched last September as an ambitious commitment to the challenge of providing industrial solutions that enable the goal of zero waste in the renewables industry to be achieved. To do this, the company plans to invest at least 10 million euros in three years and create 50 jobs.
RWE is leading the way to a green energy world. With an extensive investment and growth strategy, the company will expand its powerful, green generation capacity to 50 gigawatts internationally by 2030. RWE is investing more than €50 billion gross for this purpose in this decade. The portfolio is based on offshore and onshore wind, solar, hydrogen, batteries, biomass and gas. RWE Supply & Trading provides tailored energy solutions for large customers. RWE has locations in the attractive markets of Europe, North America and the Asia-Pacific region. The company is responsibly phasing out nuclear energy and coal. Government-mandated phaseout roadmaps have been defined for both of these energy sources. RWE employs around 19,000 people worldwide and has a clear target: to get to net zero by 2040. On its way there, the company has set itself ambitious targets for all activities that cause greenhouse gas emissions. The Science Based Targets initiative has confirmed that these emission reduction targets are in line with the Paris Agreement. Very much in the spirit of the company’s purpose: Our energy for a sustainable life.