Volkswagen plans renewable investments in CO2 reduction push
Reuters
Published Apr 29, 2021 08:27
FRANKFURT (Reuters) - Volkswagen (DE:VOWG_p) plans to invest about 40 million euros ($48 million) in European wind and solar projects by 2025 as part of a push to become carbon neutral, the head of the group's namesake brand said on Thursday.
As part of the initiative, Volkswagen will team up with Germany's top utility RWE for a solar park in 2022 that will have a capacity to supply 50,000 households with power.
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Written By: Reuters
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