Enfinity Global, a leader in renewable energy, has signed bilateral agreements totaling 1.8 TWh under Italy’s Energy Release 2.0 mechanism, supporting the deployment of new power capacity for industrial customers. The signed agreements involve leading Italian energy-intensive companies and energy market operators, including Feralpi, ISAB, De Angeli, and Magis Energia.

To meet the contracted volumes, Enfinity plans to build approximately 120 MW of new solar PV capacity across Italy. The new plants, expected to be interconnected by Q2 2029, will expand available electricity supply and help industrial customers benefit from more price-predictable power sourcing.

Energy Release 2.0, promoted by Italy’s Agency for Energy Transition (Gestore dei Servizi Energetici-GSE), is a mechanism that links the energy needs of high consumption companies with the development of new renewable generation capacity, enabling access to dedicated volumes in exchange for their commitment to invest in new renewable generation capacity.

“We are grateful to Feralpi, ISAB, Magis Energia, and De Angeli for their trust in Enfinity, as these agreements further reinforce our strong track record with industrial customers,” said Alice Cajani, General Manager of Enfinity Energy Commercialization Europe. “These energy-intensive clients will benefit from more predictable energy prices, strengthening their competitiveness and providing greater confidence for long-term planning in a volatile price environment. By linking demand to the deployment of new power capacity, the 120 MW we plan to build will quickly expand supply for Italian industry,” she added.

Enfinity continues to advance its growth in Italy with a pipeline of approximately 8.5 GW across solar and energy storage projects. To date, the company has 345 MW of operational capacity and an additional 460 MW under construction, supporting a long-term strategy focused on expanding electricity supply for Italy’s power system and industrial demand. Since launching operations in Italy, Enfinity has secured PPAs totaling approximately 805 MW of capacity, underscoring a track record of long-term partnerships with industrial customers.

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