Grace Influential Positive Impact Award
Grace Influential is a global initiative led by the Princess Grace Foundation which celebrates and upholds the charitable legacy of Grace Kelly, Princess of Monaco. The Foundation is recognized for its prestigious awards program celebrating excellence and positive change. The purpose of the Grace Influential Positive Impact Award is to recognize each Formula 1® team’s commitment and contribution to positive impact, on society and/or to the environment and help them to amplify these efforts widely.
1 Megawatt Fuel Cell Plant
Ferrari takes a further step towards its aim of becoming carbon neutral by 2030 thanks to a new 1 MW solid oxide fuel cell plant at its Maranello facilities. The plant was built by Bloom Energy and installed in June of 2022. It provides 5% of the energy required for Ferrari’s production activities while reducing fuel consumption and emissions. Compared to CHP (Combined Heat and Power) cogeneration systems, gas requirements are cut by around 20% with a significant energy saving. In addition to high levels of efficiency, this innovative technology platform offers flexibility in the choice of energy sources required to power the plant: hydrogen, natural gas, biomethane or a combination, converting the fuel into electricity without combustion. A further benefit, compared to the equivalent systems used previously, is the reduction of more than 99% of the pollution that causes the build-up of smog and particulate matter.
Benedetto Vigna, Ferrari CEO, commented: “Ferrari is working harder than ever to achieve carbon neutrality by 2030, through the adoption of leading-edge technologies and of a scientific approach that are written in our DNA. We are thrilled to partner with Bloom Energy, as both our Companies are highly committed to a decarbonization path, and proud to host its first European installation”.