R. Stahl to develop 6-MWp solar park close to German plant

• German explosion-protected electrical and electronic items maker R. Stahl AG (ETR: RSL2) will certainly invest EUR 3.8 million (USD 4.29 m) to construct a 6-MWp solar park in the community of Waldenburg in Baden-Wuerttemberg that will provide green electricity to its close-by production site.

The ground-mounted park will certainly include 11,070 solar modules that will be set up on a company land of practically 4 hectares (9.88 acres) near the Waldenburg plant, R. Stahl said on Thursday. As soon as up and running in the fourth quarter of 2022, the center will certainly produce concerning 6 GWh of power annually which is 40% greater than the production site demands. The excess electrical power will be fed into the local grid.

The solar ranch will conserve 2,200 tonnes of carbon discharges annually and also lead to cost savings in the mid-six-digit euro range per year from the first year of operation.

The Waldenburg-based company is considering much more solar projects for its plants in Cologne and also Weimar. It is additionally planning to look for financial backing from advancement financial institution KfW to construct a network of up to 50 billing points for electrical vehicles from its fleet.