City of Zurich plans to invest 300 million in renewables
Der Zürcher Stadtrat schlägt einen Rahmenkredit von 300 Millionen Franken für den Ausbau der erneuerbaren Energien vor. Dieser soll den Ausbau der Wasserkraft, alpine Solaranlagen, Windparks und Beteiligungen an Stromerzeugern finanzieren. Dazu gehören auch Investitionen im Ausland.
The city of Zurich should also be able to invest in renewable energies in the future. According to a press release, the city council is therefore proposing a framework credit of 300 million Swiss francs. Among other things, this is intended to finance the expansion of existing hydropower plants and the re-licensing of hydropower plants, alpine photovoltaic plants and wind farms. The framework credit should also enable the city to invest in companies that plan, build or operate renewable energy plants.
It should also be possible to use the funds for investments by the city of Zurich’s energy supplier ewz in the expansion of renewable energies abroad. France, Germany, Norway and Sweden are currently the focus countries of ewz’s involvement abroad.
This is the fourth framework credit for the expansion of renewable energies since 2008 and is intended to enable ewz to remain competitive. After the city parliament, the electorate will decide on the framework credit.