#Italy #Milan #Renewable Energy #Microsoft #Enfinity Global

Enfinity Global Achieves Commercial Operation of PPA with Microsoft

Enfinity Global has proudly announced the successful commercial operation of its inaugural solar power project under a significant Power Purchase Agreement (PPA) portfolio with Microsoft. Situated in Italy, this solar PV plant boasts a capacity of 33.8 MW AC, setting the stage for a strategic partnership that aims to bolster Microsoft's sustainability initiatives through a consistent renewable energy supply.

This milestone is not just a standalone achievement, but part of a broader collaboration agreement involving a total portfolio of renewable energy projects that can reach up to 366 MW AC. Other projects within this portfolio are already in construction phases within Italy, indicating a robust pipeline of future energy solutions.

Under the terms of collaboration, both Enfinity Global and Microsoft have committed to positively impacting the communities where these power plants are established, spanning regions such as Lazio, Emilia-Romagna, and Basilicata. This initiative promises not only to provide clean energy but also to create jobs and stimulate local economies in these areas.

Carlos Domenech, CEO of Enfinity Global, expressed enthusiasm about this collaboration, stating, "We are delighted to provide solar energy electricity to a global technology leader like Microsoft. Our mission revolves around delivering reliable and valuable renewable energy solutions while acting as responsible members of the communities where our plants operate."

Founded in 2019, Enfinity Global Inc. has quickly established itself as a frontrunner in renewable energy and sustainability services. With a vast portfolio of about 39.3 GW of renewable energy and storage projects, the company continues to expand its footprint in the global market, marked by its operational and under-construction assets along with 37 GW currently being negotiated across the U.S.

Headquartered in the U.S. with offices in Europe, Japan, and India, Enfinity is committed to advancing a low-carbon economy, aiming to integrate sustainability into energy solutions worldwide. Notably, the company has made impressive strides in the solar PPA market in Italy, having secured contracts totaling 808 MW in the past two years with major corporate and industrial entities.

As the world pivots towards sustainable energy solutions, Enfinity Global stands at the forefront of this vital transition, championing innovative partnerships and projects that not only deliver energy but also foster community growth and environmental responsibilities. With a skilled leadership team that brings over $41 billion in financing experience within the renewable sector, Enfinity shows an unwavering commitment to advancing renewable energy projects that contribute significantly to a sustainable future.

In conclusion, the successful launch of this solar PV project marks a pivotal moment for Enfinity Global and Microsoft, underscoring a shared vision of a sustainable future powered by renewable energy.