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Stock impact report

BASF Installs Pahotovoltaic System for a Sustainable Future [Yahoo! Finance]

BASF SE S/ADR (BASFY) 
NASDAQ:AMEX Investor Relations: basf.com/en/company/investor-relations.html
Company Research Source: Yahoo! Finance
This marks a major milestone in the company's pursuit of greater sustainability. Chemetall remains dedicated to a more sustainable future, and the implementation of the new photovoltaic system in Boksburg represents a key part of its ongoing efforts to incorporate renewable and sustainable energy sources into its operations. Chemetall's new cutting-edge photovoltaic system features 1,725 square meters of solar panels installed on the site's roofs, as well as 600 kW battery storage systems. Chemetall forecasts a 92% decrease in its current energy expenses and a matching 92% reduction in CO2 emissions at the Boksburg facility after completing this project and using renewable energy. Chemetall's project contributes to BASF's objective of reaching net-zero emissions by 2050. The installation of the solar system in Boksburg demonstrates Chemetall's commitment to promoting a more sustainable future through the use of renewable energy sources in its operations. The company's constant imp Show less Read more
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