RWE Invests in Its First U.K. Solar Park; Conergy to Build

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RWE AG, the German utility that cut its renewables unit’s investments by two-thirds, is funding construction of its first U.K. solar park, to be built by Conergy U.K. Ltd.

The 37-megawatt Kencot Hill Solar Farm, on a disused airfield in Oxfordshire, England, will be one of the country’s largest, providing about 10,000 households with electricity, Essen-based RWE said today in a statementBloomberg Terminal.