5. Environment, energy and construction 5. Environment, energy and construction 5.2 Photovoltaics Festo’s own renewable energy generation is also an important building block on the way to carbon neutrality in scopes 1 and 2. In addition to the use of geothermal energy, we see great potential above all in the use of solar energy to generate electricity. After seven photovoltaic plants were established in the past with a total area of almost 7,000 square metres and an output of 570 kilowatt peak capacity, we were able to commission our largest photovoltaic plant by far at the Jinan plant in China on 8 November 2021. With an area of approximately 18,590 square metres and an output of 4,200 kilowatt peak capacity, we expect CO2 savings of up to 4,200 tonnes per year. In the seven weeks after the inauguration to the end of the year, 514,400 kilowatt hours of electricity were generated in real terms and 484 tonnes of CO2 were saved. At our plant in Pieterlen, Switzerland, another plant was commissioned with a projected annual electricity production of 280,000 kilowatt hours. The decision to achieve climate neutrality for Festo’s international production network, its headquarters and the German sales company by the end of 2023 and subsequently for the entire Festo Group by the end of 2025 has set the course for new investments in further photovoltaic plants. In 2022, we will build three new plants in China and Germany, respectively. Two more are to be built in both Hungary and India, respectively. The investment volume amounts to more than EUR 4 million, and the expected CO2 savings to over 3,000 tonnes per year. 54 55 Festo SE & Co. KG Sustainability Report 2021 Festo SE & Co. KG Sustainability Report 2021