Enfinity Global, a renewable-energy company, has signed an agreement with VW Kraftwerk, a subsidiary of the Volkswagen Group, for the supply of guarantees of origin (GOs) from its solar PV power plants in Italy.
The agreement provides for the purchase of approximately 40 gigawatt-hours (GWh) of GOs per year over the next 10 years, for a total volume of 400 GWh, sourced from Enfinity’s renewable-energy assets in Italy. The GOs supplied by Enfinity certify that an equivalent amount of electricity has been generated from renewable sources and fed into the grid, thereby making a tangible contribution to reducing carbon dioxide emissions associated with the lifecycle of electric vehicles.
“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 inn
