Ferrari (RACE.MI) and Enel X (ENEI.MI) will build a 1-MWp solar energy plant at its Fiorano test track to offer residents renewable energy.
By December, the Ferrari Energy Community will generate 1,500 MWh.
Ferrari said Tuesday that people, institutions, companies, and manufacturing can use the solar plant.
Ferrari wants to introduce its first fully-electric car in 2025 and achieve carbon neutrality by 2030.
CEO Benedetto Vigna said the solar facility “can accelerate the process of decarbonisation while reducing the cost of energy for citizens and businesses.”
