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Ford follows in the steps of Tesla and Mercedes with solar investment

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Ford has introduced a brand new solar energy plant at its manufacturing location in Valencia, Spain, following related strikes from the likes of Tesla and Mercedes.

As automakers understand the advantages of renewables in decreasing manufacturing prices, many are investing in additional power tasks alongside their manufacturing places. Tesla famously applied photo voltaic at every of its manufacturing places, whereas Mercedes invested in a big wind power venture in Germany. Ford immediately jumped into the combination with a brand new photo voltaic power venture outdoors its manufacturing location in Valencia, Spain.

In line with Ford’s press launch, the brand new photo voltaic plant will produce 2.8MW of electrical energy, however that may enhance to 2.2MW within the coming months, and by 2024, this web site alone will produce 10MW of power for the plant. in Spain. Ford says this new venture will assist the corporate obtain its aggressive 2035 purpose of carbon neutrality in its services, logistics, and suppliers.

Whereas this new photo voltaic venture is a brand new implementation of renewables for Ford, the corporate has already made nice leaps in the usage of renewable power. The press launch states, “All electrical power bought by Ford manufacturing vegetation immediately comes from renewable sources; [the Valencia] plant that has reached the landmark since January 1, 2022.”

Whereas this venture is a big improvement of renewable power, it’s maybe the biggest funding by an automaker in clear power in Europe from Mercedes. The German luxurious model introduced final yr that it could construct 100MW of wind energy at a location in Northern Germany, with further wind energy tasks from the German automaker steered to be within the works. This energy is anticipated to quantity to enough energy in all of the automaker’s operations quickly.

It isn’t clear what financial savings are potential for producers. Nevertheless, suppose tasks like this turn into massive sufficient to offer extra energy to the grid. In that case, automakers have the chance to revenue from the power they create. And with such a transparent monetary profit from the funding, there is no such thing as a doubt that many tasks from many producers are anticipated sooner or later.

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Ford is following within the footsteps of Tesla and Mercedes with photo voltaic investments










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