Expanding Italy’s Green Energy Supply
A2A Group, a leading player in Italy’s energy transition, and Enfinity Global Inc., a prominent renewable energy company, have signed new 10-year Power Purchase Agreements (PPAs) for 134 MW of solar energy. This development is a significant step in Italy’s solar energy market and showcases current energy market trends.
Impact on CO2 Emissions and Energy Consumption
The electricity generated will power approximately 86,000 Italian homes annually, reducing over 104,000 tons of CO2 emissions each year. The energy will be produced from six of Enfinity’s solar power plants in the Lazio and Emilia Romagna regions. This initiative supports green energy policies and highlights solar energy investment in the country.
Commitment to Sustainable Development
Lorenzo Spadoni, Head of Generation and Trading at A2A, emphasized the partnership’s importance. “Thanks to this new partnership with Enfinity Global, we continue to contribute to the sustainable development of the territories by expanding the green energy supply available to our customers,” Spadoni said. This collaboration aligns with A2A’s strategy to promote Italy’s decarbonization process and highlights significant developments in solar technology.
Strengthening the Energy Transition
Carlos Domenech, CEO of Enfinity Global, expressed enthusiasm about the agreement. “We are honored to expand our relationship with A2A. This agreement is a meaningful milestone for the market and marks a path to provide stable, clean, and affordable energy to Italy while contributing to its 2030 energy transition plan,” Domenech commented. The new PPAs build on the initial agreements signed in October 2023, where A2A Group purchased energy from three of Enfinity’s solar power plants in Lazio, totaling 97 MW. This continued collaboration underscores a shared commitment to accelerating the energy transition and highlights key solar market analysis.
About Enfinity Global
Enfinity Global Inc., founded in 2019, is a US-based leader in renewable energy and sustainability services. The company manages a portfolio of 25.1 GW of renewable energy and storage projects, including operational assets, projects under construction, and developments at various stages. With offices in the US, Europe, Japan, and India, Enfinity aims to lead the energy transition and contribute significantly to a net-zero carbon economy. The leadership team has over $37 billion of financing experience in the renewable energy sector and has developed and acquired over 15 GW of solar and wind assets.
Source：prnewswire.com
