Technology and innovation are changing the way factories operate.
In May 2019, Zurich-headquartered ABB unveiled what it described as a CO2-neutral factory in the town of Luedenscheid, Germany. The site employs around 800 people to manufacture electrical equipment such as power sockets and switchers.
"On a sunny day this location doesn't need to be connected to the grid," Tarak Mehta, president of ABB's electrification business, told CNBC's "Sustainable Energy." "What we want to do with our strategy is to demonstrate for our customers how … you go to a carbon neutral location, where there are eight hundred people working, a manufacturing site which consumes a lot of energy but at the same time can be sustainable," Mehta added.
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