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DTG Daimler Truck Holding AG

36.39
-0.13 (-0.36%)
05 Jul 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Daimler Truck Holding AG TG:DTG Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.13 -0.36% 36.39 36.34 36.44 36.81 36.33 36.56 75,969 22:50:05

Daimler Truck, EnBW Launch Joint Venture for Heat Generation

06/10/2023 1:16pm

Dow Jones News


Daimler Truck (TG:DTG)
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From Jul 2023 to Jul 2024

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By Helena Smolak

 

Daimler Truck Holding set up a joint venture with German energy company EnBW Energie Baden-Wuerttemberg and the city of Worth am Rhein to explore the potential use of geothermal energy at Mercedes-Benz Group's plant in Worth.

The German truck maker said Friday that the WarmeWerk Worth joint venture, established after a decision by the town council in July, would build and operate a geothermal plant to generate heat at the Worth site if it determines that geothermal energy can be used.

Excess geothermal heat will be used to supply existing municipal heating networks in the city, Daimler Truck said.

The joint venture also aims to explore the region for the development of geothermal energy, establishing the most suitable location for a geothermal well.

 

Write to Helena Smolak at helena.smolak@wsj.com

 

(END) Dow Jones Newswires

October 06, 2023 08:01 ET (12:01 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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