04.10.2024

Ferrari doubles solar power production

Ferrari is speeding up its transition to renewable energy by shutting down the trigenerator workshop at its Maranello factory, advancing its decarbonisation efforts three months ahead of schedule, reports esgnews.com.

The decision to decommission the gas-fired tri-generator plant, in operation since 2009, supports Ferrari's commitment to a 60% annual reduction in Scope 1 and 2 CO₂ emissions. In addition, methane consumption will decrease by 70%, significantly reducing the carbon imprint of the factory.

"This is a historic moment in Ferrari's path to carbon neutrality by 2030," said Benedetto Vigna, Ferrari's chief executive.

Doubling solar capacity

To ensure a continuous supply of electricity, Ferrari will double its photovoltaic systems from the current 5 MWp to 10 MWp by 2030. This expansion will increase the share of self-produced renewable energy at the Maranello base, which currently meets 40% of energy needs of the factory along with Renewable Power Purchase Agreements (PPAs).

Advanced technologies support the energy transition

Ferrari renewed its electrical infrastructure, including a complete renovation of the electrical substation and the installation of three new 40 MVA transformers. These improvements support the integration of increased renewable energy sources and ensure a stable energy supply.

"This means that we will no longer use gas to generate electricity in this plant, but electricity from renewable sources," Viña added, underscoring the strategic shift towards sustainability.

Continuous energy efficiency improvements

In 2023, Ferrari reduced its total energy consumption by 4%, down from 1580 TJ in 2022 to 1520 TJ. This reduction is part of ongoing technological and process innovations aimed at increasing energy efficiency across the group. The shutdown of the highly efficient trigeneration plant marks a key step in this journey.

Commitment to carbon neutrality

Ferrari's overall approach includes not only adopting renewable energy, but also installing a fuel cell plant and developing energy-efficient buildings. These initiatives collectively push the company towards its goal of carbon neutrality by 2030, demonstrating Ferrari's commitment to sustainable operations and environmental stewardship.