Audi to Invest in Renewable Energy

29 April, 2010 02:05:00

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Audi announced its plans to invest in renewable energy production.

In support of this goal, Audi this week signed an agreement with the international consortium "Desertec Industrial Initiative". The long-term goal of the joint venture is the climate-friendly production of energy in the deserts of North Africa and the Middle East. As an associated partner, Audi will initially work to create the right conditions and to establish the necessary infrastructure.

The Desertec Industrial Initiative is backed by 16 founding companies is working to develop the right conditions for targeted investment in solar and wind energy in the region.

"When at Audi we speak of sustainable mobility, we are looking at the entire energy balance", said Rupert Stadler, Chairman of the Board of Management of AUDI AG. Audi is looking to introduce its first small-series electric car to the market as early as 2012. In doing so, Stadler said Audi will not only apply the principles of sustainability to the production of the cars, but also to ensure that customers can sustainably operate the cars. "Electric cars from Audi will run on sustainably produced electricity. To achieve this goal we're supporting the development of solar- and wind-driven power plants", Stadler said.

Audi has already installed an extensive array of solar panels on the roof of its assembly plant in Ingoldstadt in Germany, which will be supplemented by up to 14,000 megawatts of wind power in the future.

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