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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 Renewables in the Nordic region focuses on developing, building and operating onshore and offshore wind farms with 70 dedicated co-workers and regional headquarters in Malmö. Currently, we operate approximately 500 MW of wind power in the Nordic region, with wind farms both offshore and onshore in Sweden and Denmark. We also have about the same amount under construction in Sweden, which will be ready to supply renewable electricity within the next two years. In addition, we have more than 3 GW of wind power in our development portfolio, with the potential to fulfill the need for more than 2 million Swedish household needs for electricity upon realization. You can find more information about our major development projects Nysäter Vind, and Södra Midsjöbanken via the link below.
We are also a proud part of RWE Renewables, created in 2019 to fully focus on the transition to a sustainable energy system, with a global portfolio of wind power, solar energy and energy storage in Europe, America, Asia and Australia.