German utility RWE has earmarked €15bn ($16.9bn) gross to expand its team and step up the expansion of what it calls its ‘green core business’ in its home market, which includes renewable energy, natural gas and green hydrogen.

The investment pledge is part of a €50bn plan announced last month to boost its world-wide renewables, battery storage, gas and green hydrogen capacities by the end of the decade.

“RWE sees particularly strong potential for growth in Germany. We thus want to step up the pace here and invest up to €15bn gross in our green core business by 2030,” said Katja Wünschel, chief operating officer wind onshore and photovoltaic Europe.