Share Name Share Symbol Market Type
ArcelorMittal EU:MT Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.372 2.52% 15.156 15.126 15.16 15.244 14.916 15.042 6,429,980 16:40:00

Eneco Completes Belgium's Largest Solar Roof for ArcelorMittal

16/09/2019 4:53pm

Dow Jones News


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By Dieter Holger

 

Netherlands-based utility company Eneco said Monday that it has completed the largest solar roof in Belgium for steelmaker ArcelorMittal (MT.FR).

Eneco said the solar roof at ArcelorMittal's Ghent site cost EUR7.5 million ($8.26 million) to build and sports more than 27,000 solar panels, generating 10,000 megawatt hours annually--enough energy to power 2,900 households.

ArcelorMittal's Ghent site will receive around 50 megawatts of renewable power thanks to the solar panels, 10 wind turbines and 2 planned turbines, Eneco said.

The factory's emissions are 25% lower than 1990, Eneco said, as ArcelorMittal Belgium works to 43% fewer emissions by 2027.

"We're fully committed to this ambition," said Manfred Van Vlierberghe, chief executive of ArcelorMittal Belgium.

 

Write to Dieter Holger at dieter.holger@dowjones.com; @dieterholger

 

(END) Dow Jones Newswires

September 16, 2019 11:38 ET (15:38 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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