However, despite the rapid growth of its renewables unit, E.ON reported a sharp fall in its 2010 profit and forecast another drop this year, due in large part to a new tax on nuclear energy imposed by the German government.

The completion of the Rødsand and Papalote Creek projects boosted C&R’s renewables capacity to 3.6GW from 2.96GW the year prior, while lifting its sales to €666m ($924.7m).

2011