The Ferretti Group has announced its participation in the Monaco Energy Boat Challenge, an international event organized by the Monaco Yacht Club. Taking place from July 5 to 8, this event brings together professionals from the yachting world for a week of performance tests and networking opportunities, showcasing the industry's dedication to sustainable innovation.

The Monaco Yacht Club, founded in 1953 by Prince Ranieri and led by President Prince Albert II since 1984, has set a visionary goal of establishing Monaco as the global capital of modern yachting. To achieve this, the club organizes around 30 international events in the sector, including the Monaco Energy Boat Challenge. This particular challenge focuses on zero-emission propulsion projects in the recreational boating sector, aiming to bring together the best designs and the most environmentally conscious companies.

At the Monaco Energy Boat Challenge, the spotlight shines on young talents and universities, highlighting the importance of sustainability in the yachting world. The event seeks to raise awareness and promote research and innovation to reduce emissions and drive sustainable practices.



Nino Ascone, Ferretti Group's Head of Engineering and Design, will contribute to the panel discussion titled "Sustainability Transition: Challenges, Engagement & Adoption" scheduled for July 6 at 9 a.m. Additionally, Ferretti Group will make a thrilling splash on the water with its participation in the YCM E-Dock & YCM E-Boat Rally, an endurance event specifically for electric yachts.

Representing Ferretti Group's commitment to sustainability is the remarkable Riva El-Iseo prototype, the brand's first full-electric powerboat. Unveiled to international markets during the brand's momentous 180th anniversary year, the Riva El-Iseo combines iconic status and tradition with the demands of sustainable progress. Equipped with a traditional stern drive propulsion system and a powerful electric motor, it delivers unprecedented speed and acceleration, reaching a top speed of 40 knots while surpassing the performance of conventional boats of similar size.

Demonstrating its unwavering dedication to sustainable initiatives, Ferretti Group recently signed a Memorandum of Understanding with Enel X Way to develop strategic solutions and services in the field of sustainable recreational boating in Italy. The partnership's first step involves installing Enel X Way charging stations at the Group's shipyards in Italy, starting with Sarnico on the picturesque Lake Iseo.

The Ferretti Group, led by Chief Executive Officer Alberto Galassi, is now one of the world’s leaders in the construction and sale of luxury yachts and pleasure vessels, with a unique portfolio of brands: Ferretti Yachts, RivaPershing, Itama, Mochi Craft, CRNCustom Line and Wally.

Credits: Ferretti Group

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