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RWE continues to keep up the pace with the expansion of its solar portfolio. The company has commissioned several solar farms along a motorway (A44n) in North Rhine-Westphalia following around eight months of construction. The total installed capacity amounts to 86.5 megawatts peak (74.6 MWac).

With about 141,000 solar modules, the plants will generate enough electricity to supply the equivalent of 27,700 German households with climate-friendly electricity. The project sites in the Rhenish region lie to the west and east of the motorway between the towns of Bedburg and Jüchen and are on recultivated land at the Garzweiler opencast mine.

Katja Wünschel, CEO RWE Renewables Europe & Australia: “The commissioning of the solar farms alongside the motorway shows that we are consistently driving forward the expansion of our solar portfolio. And we aren’t done there yet. Next year, we will add several thousand solar modules to the project. With wind and solar systems side by side, we are building a renewable energy road on recultivated land along the A44n motorway as a blueprint for further projects in the region.”

Implementation of the solar farm’s second stage with a capacity of 19.9 megawatts peak (15,5 MWac) is planned for next year. More than 30,600 additional solar modules are to be installed on recultivated land in the municipal area of Jüchen. Subject to planning permission, the first half of 2026 could see the start of construction. Commissioning is planned for the end of 2026. Solar projects along motorways not only benefit from faster approval processes but in most cases also enjoy a higher level of public acceptance.

RWE is also currently constructing the Bedburg 3 wind farm with nine turbines and a total capacity of around 60 megawatts close to the A44n solar sites. RWE builds and operates solar and wind projects with a total capacity of 540 megawatts in the Rhenish region.

Dr Lars Kulik, CTO Lignite at RWE Power: “The solar and wind projects on recultivated land along the A44n emphasise that structural change and the expansion of renewables in the Rhenish lignite area are going hand in hand. There is plenty of space in and around our opencast mines that we are also using for renewables projects. In addition, the employees of RWE Power contribute their knowledge and experience to support the construction and subsequent operation of the solar and wind farms. This means we are creating further prospects for our employees here in the region.”

Keeping up the pace for the expansion of solar energy in the Rhenish region

A strip of land alongside the A44n near Bedburg became the site of a photovoltaic plant constructed by RWE last year. In the immediate vicinity, RWE is also trialling the combination of agriculture and green electricity generation at its agrivoltaics demonstration plant. All in all, RWE now operates nine solar projects in the Rhenish region, four with their own integrated battery storage units. Further photovoltaic projects in the region are at the planning stage. One of those is the Manheimer Bucht solar farm, which will be located in the southern part of the Hambach opencast mine in the municipal area of Kerpen. Next year, a total of about 26,500 solar modules will be constructed in an area of about 14.5 hectares, equivalent to about 20 football pitches. Following completion at the end of 2026, this solar farm will have a capacity of 17.2 megawatts peak (14.3 MWac).

A map and pictures for media use are available at the RWE Media Centre (credit: RWE).

Do Kwon, the entrepreneur behind two cryptocurrencies that lost $40bn (£29.8bn) three years ago and caused the sector to crash, has been sentenced to 15 years in prison for fraud.

The South Korean, 34, had pleaded guilty to two counts of US charges of conspiracy to defraud and wire fraud.

Kwon, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, was sentenced at a hearing in New York.

The US district judge Paul Engelmayer called his crimes “a fraud of epic generational scale”.

The judge imposed a longer sentence than the 12 years sought by prosecutors, saying it would be too lenient given the harm he had caused to victims.

“In the history of federal prosecutions very few cases have caused more monetary harm than you did,” he said.

The US government had argued that Kwon’s fraudulent actions and treatment of customers had contributed to the “crypto winter” of 2022, and the failure of Sam Bankman-Fried’s FTX.

“I don’t argue nor will I ever argue that my conduct was industry standard and market practice,” Kwon said. “If they were, they were bad industry standards and market practices and I as one of the market leaders should be personally responsible. The blame should be pointed at me for everyone’s suffering.

“I have spent almost every waking moment of the last few years thinking of what I could have done different and what I can do now to make things right.”

Kwon’s lawyers had argued that he should be sentenced to no more than five years in prison, arguing that his actions were motivated by a desire to prop up Terraform’s TerraUSD stablecoin, not personal gain.

The judge called the request “wildly unreasonable”.

Kwon has been in US custody since his extradition from Montenegro last year, where he was imprisoned for using a fake passport.

As part of his guilty plea, Kwon agreed to forfeit $19.3m and some properties that prosecutors claimed he gained from the fraud.

Prosecutors said they would support Kwon serving the second half of his sentence in South Korea, where he still faces charges, if he abides by the terms of his plea deal.

Prosecutors said they would not seek restitution for the investors who lost a total of $40bn, saying the prospect of determining each of their losses would be too complex.

The judge said that some of Kwon’s investors still believed in him, even after his guilty plea, and that reading some of their letters was like “reading the words of cult followers”.

Engelmayer said he had received letters from 315 victims all over the world, many reporting they had lost their homes, retirement savings, money for medical expenses and college funds to Kwon’s fraud.

A graduate of Stanford University, Kwon returned to South Korea and launched the startup that would become Terraform Labs in 2017 with the co-founder Daniel Shin.

Prosecutors alleged that when TerraUSD slipped below its $1 peg in May 2021, Kwon told investors a computer algorithm known as “Terra Protocol” had restored the coin’s value.

Instead, they said, he arranged for a high-frequency trading company to buy millions of dollars of the token secretly to artificially prop up its price.

Prosecutors said that false claim, and others, drove retail and institutional investors to buy Terraform products and boost the value of Luna – a more traditional token that fluctuated in value but was closely linked to TerraUSD – to $50bn by the spring of 2022.

Kwon is one of several cryptocurrency moguls to face federal charges after a slump in digital token prices in 2022 prompted the collapse of a number of companies.

Bankman-Fried, the founder of the US’s largest crypto exchange, was sentenced to 25 years in prison in 2024.