Enerparc seals solar PPA with VW manufacturing facility in Germany

• German carmaker Volkswagen AG (ETR: VOW) will power its electric car factory in the eastern city of Zwickau with electricity from a nearby 5.3-MW solar plant that will certainly be commissioned by solar developer Enerparc AG in the coming weeks.

A 20-year power purchase agreement (PPA) has actually been authorized by Volkswagen as well as Enerparc under which the carmaker will certainly obtain 5.5 million kWh a year from the brand-new solar park. The contracted electricity will be supplied directly to the manufacturing facility as well as will suffice to cut its carbon footprint by 4%, minimizing emissions by 2,650 tonnes every year.

The Mosel solar site includes concerning 11,600 modules improved an area of 6 hectares (14.83 acres). The project is implemented without state subsidies.

Found on an area of 1.8 million sq m, Volkswagen's plant in Zwickau creates six electric designs for 3 brands of the VW stable. The facility, developed in 1990, has actually been totally re-equipped for electric mobility with an investment of EUR 1.2 billion (USD 1.30 bn). In 2021, the factory assembled 179,179 vehicles and also 11,383 luxury bodies.