{"id":69771,"date":"2023-10-07T03:23:41","date_gmt":"2023-10-07T07:23:41","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/daimler-truck-enbw-launch-joint-venture-for-heat-generation\/"},"modified":"2023-10-07T03:23:43","modified_gmt":"2023-10-07T07:23:43","slug":"daimler-truck-enbw-launch-joint-venture-for-heat-generation","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=69771","title":{"rendered":"Daimler Truck, EnBW Launch Joint Venture for Heat Generation"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20231006-703494\" role=\"document\">\n<p>By Helena Smolak<\/p>\n<pre><\/pre>\n<p>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&#8217;s plant in Worth.<\/p>\n<div class=\"paywall\">\n<p>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.<\/p>\n<p>Excess geothermal heat will be used to supply existing municipal heating networks in the city, Daimler Truck said.<\/p>\n<p>The joint venture also aims to explore the region for the development of geothermal energy, establishing the most suitable location for a geothermal well.<\/p>\n<pre><\/pre>\n<p>Write to Helena Smolak at helena.smolak@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/daimler-truck-enbw-launch-joint-venture-for-heat-generation-33acdcad?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;s plant in Worth. The German truck maker said Friday that the WarmeWerk Worth joint venture, established after a decision [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-69771","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daimler Truck, EnBW Launch Joint Venture for Heat Generation | iFintechWorld<\/title>\n<meta name=\"description\" content=\"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\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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