• Tue. Apr 23rd, 2024

Mercedes-Benz to build wind farm in northwestern Germany, examining solar options By Reuters

ByReuters

Sep 19, 2022
Mercedes-Benz to build wind farm in northwestern Germany, examining solar options By Reuters

[ad_1]

© Reuters. FILE PHOTO: The Mercedes-Benz logo is seen at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha

BERLIN (Reuters) – Mercedes-Benz is planning to build a wind farm in the northwestern German state of Lower Saxony, by 2025 that is able to produce a hundred megawatts of electricity, equivalent to over 15% of the carmaker’s annual demand in Germany, it said on Monday.

Mercedes will invest a three-digit million figure in a power purchase agreement with an as-yet-unnamed partner to buy the electricity generated by the turbines, the carmaker said.

It is also examining together with local authorities whether it could put solar panels onto the remaining space in the 800-hectare piece of land in Papenburg, a test track owned by the carmaker.

[ad_2]

Image and article originally from www.investing.com. Read the original article here.