Enfinity Global Signs 10-Year Agreement with Volkswagen Subsidiary for 400 GWh of Renewable Energy Certificates in Italy

Representational image. Credit: Canva

Enfinity Global, a leading renewable energy company, has signed an agreement with VW Kraftwerk GmbH, a subsidiary of the Volkswagen Group, for the supply of Guarantees of Origin (GOs) from its solar power plants in Italy.

Under the agreement, Enfinity Global will provide approximately 40 GWh of GOs per year over the next ten years, totaling 400 GWh, sourced from its renewable energy assets in Italy. These GOs certify that an equivalent amount of electricity has been generated from renewable sources and injected into the grid, helping to reduce CO₂ emissions associated with the life cycle of electric vehicles.

Through this long-term partnership, Enfinity Global strengthens its position as a strategic ally for global companies aiming to integrate renewable energy into their operations, supporting the decarbonization of industrial supply chains and advancing the transition toward a low-carbon, resilient energy system. GOs also play an important role in ESG traceability and sustainability reporting, in alignment with European regulations and environmental standards.

With a global presence and a development pipeline of 37 GW, Enfinity Global is one of the sector’s leading players, providing integrated energy solutions to drive industrial decarbonization and promote a circular economy. In Italy, the company manages a growing portfolio of solar and battery energy storage projects exceeding 8.6 GW, contributing to the country’s clean energy and energy security goals.

“We are honored  to support the Volkswagen Group as it transitions  its electric vehicle fleet to be carbon neutral and in advancing the transformation of mobility across Europe,” said Carlos Domenech, CEO of Enfinity Global. “Enfinity is committed to being a long-term sponsor of innovative and scalable energy solutions –from 24×7 PPAs to Guarantees of Origin– that bring value to our customers.”

“Guarantees of Origin  are a transparent and effective tool to promote renewable energy adoption and accelerate the energy transition ,” added Julio Fournier Fisas, General Manager for Europe at Enfinity Global. “This collaboration is a strong example of how cross-sector partnerships can generate measurable environmental impact and drive progress toward climate neutrality in Europe.”


Subscribe to get the latest posts sent to your email.

 

  • Related Posts

    Green Energy Stocks Rise Up To 20% As NIFTY Gains 0.43% And SENSEX Advances 0.40% (23 September 2026)

    Indian green energy and power stocks witnessed mixed trading activity across the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), while the broader equity market ended higher. The…

    B.Grimm Power And AMATA Advance 42.5 MWp Floating Solar Project In Thailand

    B.Grimm Power and AMATA Corporation are advancing a 42.5 MWp floating solar power project at Amata City Chonburi Industrial Estate in Thailand’s Eastern Economic Corridor (EEC). The project is being…

    Have You Seen?

    Hormuz Traffic Running 80% Below Its 10-Day Average

    • September 23, 2026
    Hormuz Traffic Running 80% Below Its 10-Day Average

    TotalEnergies to Develop Offshore Gas Field to Boost Nigeria LNG Supply

    • September 23, 2026
    TotalEnergies to Develop Offshore Gas Field to Boost Nigeria LNG Supply

    Climate Startup Signs CO2 Deals With Three U.S. Oil Producers

    • September 23, 2026
    Climate Startup Signs CO2 Deals With Three U.S. Oil Producers

    Victoria A$35m bioenergy project moves to development phase

    • September 23, 2026
    Victoria A$35m bioenergy project moves to development phase

    EU backs €7m project to scale CO2 utilisation technologies

    • September 23, 2026
    EU backs €7m project to scale CO2 utilisation technologies

    Video | North American CO2 supply: a tight market with new sources emerging

    • September 23, 2026
    Video | North American CO2 supply: a tight market with new sources emerging

    Global firms should implement safety standards across supply chains

    • September 23, 2026
    Global firms should implement safety standards across supply chains

    Worthington reports double-digit sales growth in latest financials

    • September 23, 2026
    Worthington reports double-digit sales growth in latest financials

    $100 Brent Keeping China’s Oil Buying in Check, Goldman Says

    • September 23, 2026
    $100 Brent Keeping China’s Oil Buying in Check, Goldman Says

    Oil Set for Longest Losing Streak Since August 2025

    • September 23, 2026
    Oil Set for Longest Losing Streak Since August 2025