E.ON aims to aggressively expand its solar business and is banking on the United States.
"E.ON, which has spent about 10 billion euros ($11.50 billion) on renewable since 2007, has a pipeline of around one gigawatt (GW) of solar in the United States", Michael Lewis, chief operating officer of E.ON's renewable unit, said.
"If we want to achieve global climate targets then the U.S. has to take a key role and Obama is doing that now with the Clean Energy initiative that he has set up," Lewis told Reuters in an interview.