E.ON’s renewables investment tops €10bn mark

E.ON claims to have invested more than €10 billion (£7.7bn) in renewable energy. The recent upgrade to the Amrumbank West offshore wind farm from 288MW to 302MW, which was officially opened this […]

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By Priyanka Shrestha

E.ON claims to have invested more than €10 billion (£7.7bn) in renewable energy.

The recent upgrade to the Amrumbank West offshore wind farm from 288MW to 302MW, which was officially opened this week, is said to have pushed the energy firm’s investment mark.

Its green generation fleet has reduced more than 60 million tons of carbon emissions – equivalent to the emissions of the city of Berlin in six years, the company states.

It is currently building a 200MW onshore wind farm in Texas and the 400MW Rampion wind farm in the UK North Sea.

The energy firm however decided to cancel a 48MW onshore wind farm in the UK.

Michael Lewis, CEO of E.ON’s renewables business, said: “We’ll continue to invest and to work hard to make renewables competitive and therefore as cost-effective as possible for our customers.”

Yesterday Ofgem said it is looking into allegations that E.ON reportedly paid out £6 million to charity Age UK for pushing more expensive tariffs to the elderly.