Sunday, August 28, 2011

VW to invest in renewable energy sources

Europe's greatest automaker, Volkswagen, plans to invest practically 1 billion euros ($ A1.37 billion) in renewable energies over the coming years, a media report says.VW will invest in an offshore wind park and is in talks with four companies with the objective of choosing a partner by the end of the year, the Monetary Times Deutschland stated, citing a source close to the matter.The wind park is expected to have a generating capacity of 200 megawatts, about 1 fifth the capacity of an

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