Mercedes-Benz to build wind farm

Surging electricity prices have led the German automaker to draw up plans for its own power generation.


Mercedes-Benz aims to build an onshore wind farm, which will cover 15% of the company’s electricity needs in Germany. This will help soften the impact from the rising energy costs, the automaker writes in a press release.

The plan is to install a double-digit number of wind turbines with an output of more than 100MW at the test track in Papenburg in northern Germany by the mid-2020s.

The company’s target is for 70% of energy consumption in production to be covered by renewables by 2030.

Mercedes-Benz’ recent share price development shows a tumble of 3.9% Monday to EUR 54.96.

Mercedes strikes deal with Statkraft

Top German automakers launch impressive EVs with state-of-the-art tech

More from EnergyWatch

Ørsted makes group changes again

The Danish power company shakes up its organization once again, now parting ways with offshore wind chief of many years, while also moving other profiles up the corporate ladder.

Ørsted declines Taiwan tender bid

Quite atypically, the Danish market leader publicly rejects to bid in Taiwan’s solicitation for 3GW offshore wind due to poor framework conditions. The green transformation will wilt if developers build uneconomic projects, says CEO.

Last platform now in position at Tyra site

After completing the voyage from Batam, Indonesia, the process module is now in position in the North Sea. Only one piece is now missing from the reconstruction project at the Tyra site.

Further reading

Related articles

Latest News

See all jobs