Author: Ecoberac

Amarenco has secured nearly 30 MW of solar projects in Ireland through the RESS 4 auction!

We are excited to announce that we won 5 new solar projects under Ireland’s fourth Renewable Electricity Support Scheme (RESS 4), located in Midleton, Ennistymon, Cobh, Timoleague, and Carrigaline, totaling 29.84 MW.
This follows our previous success of securing 45 MW under RESS 2.

🌱 The Renewable Electricity Support Scheme (RESS), a Government of Ireland initiative, is crucial in achieving Ireland’s goal of 80% renewable electricity by 2030. The scheme not only supports renewable projects but is also a cornerstone of Ireland’s Climate Action Plan 2021 and the Programme for Government.

We are thrilled to be contributing to a greener future, helping to meet Ireland’s ambitious climate targets. RESS plays a pivotal role in laying the foundation for a thriving, cost-effective renewable electricity market that drives economic growth, creates sustainable jobs, and ultimately benefits consumers as renewable energy becomes more affordable.

A special thanks to the entire Amarenco Ireland team for their incredible support and dedication in bringing this achievement to life!

Our ESG strategy is aligned with our 2030-2050 vision and prepares us to comply with the 2025 Corporate Sustainability Reporting Directive (CSRD), and more widely with upcoming global environmental and social challenges.

Here’s our 2023 Sustainability report, an important step in our sustainability journey, which doesn’t just stop at reducing emissions, but aims to actively regenerate ecosystems by integrating regeneration into our day-to-day business as a way to create environmental and economic value.

We are delighted to share it with you now

On the 15th of april 2024, @Frederic Maenhaut travelled to Brussels to sign the EU Solar Charter, a government initiative aimed at boosting European production of photovoltaic panels.

Under the impetus of Roland Lescure, the French Minister for Industry and Energy, and Bruno Le Maire, the French Minister for the Economy, the charter aims to ensure that 30% of panel orders go to European producers by 2025. An “Induscore” rating system, comparable to Nutriscore, will be introduced to identify manufacturers complying with these European production standards.

With more than 100 signatories, including Amarenco, and the support of industry federations, the Solar Pact aims to meet the industrial challenge of the photovoltaic sector, by consolidating the economic and industrial sovereignty of the European Union.

https://www.linkedin.com/feed/update/urn:li:activity:7185964756887908352?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A7185964756887908352%29

A New Chapter of Growth and Regeneration, with a brand new governance

Since its launch in 2013, Amarenco has seen significant growth, embodying optimism and marking numerous achievements. Its core mission has attracted a wide range of stakeholders – from employees to investors and clients, all driven by a vision of regeneration and the belief in renewing resources and ecosystems to support sustainable energy solutions for a healthier planet

🌳 The commitment to energy transition opens up economic opportunities, spurs innovation, creates eco-friendly jobs, and enhances societal resilience against climate issues. This journey also involves evolving governance to tackle emerging challenges, emphasizing the importance of acting as change agents on both personal and collective levels.

🤝 After many years of dedication and invaluable contributions, Olivier Carré, a major founder of our company, has decided to seek new professional challenges outside our organization.

Another major founder, John Mullins, has decided to vacate his role as an Executive of the company by the end of the year but will remain as Non Executive Chairman.

We are immensely grateful for their vision, leadership, and commitment, which have been crucial in the development and growth of our company.

Frederic Maenhaut joins Amarenco as Deputy CEO, bringing with him valuable experience in successfully managing businesses through different cycles and expertise in the RE sector, and his mission will be to structure, align and drive change to improve the conversion effectiveness of our pipeline and to prepare to deliver our Regenerative agenda.

Similarly, Xavier Messing 🌱 joins us as Chief Development Officer Europe, with an impressive track record in the development field of working with various developers and independent power producers, his mission will be to help to further develop our value proposition and to align and focus our business lines to execute the development strategy across our geographies.

Their combined expertise and passion for the energy transition will strengthen our ability to meet future challenges and seize new growth opportunities.

Amarenco is thus embarking on a new dimension, never forgetting the core of its commitment to reconciling unnecessarily maintained antagonisms (capitalism versus ecology, digitalization versus authentic relations). We serve as the link that harmonizes these needs through an aggregative and integrative model, increasingly urgent to apply now. 💡

Amarenco Act 2 is here, and it’s time to move forward with a renewed spirit and unwavering determination!

Amarenco was at the Salon International de l’Agriculture with MiiMOSA, Eloi and Genesis to showcase our complementary solutions for a successful agro-ecological transition!

Our Amarenco experts, Ana-Maria Dubois Iorgulescu and Jeanne Magnan, took the floor on the La Ferme Digitale stand to present our various partnerships.

• Ana spoke on Tuesday 27 February as part of a round table on the hope of an agricultural model reinvigorated by impact measurement, to explain our environmental objectives, of which our ECHO programme is at the heart. She was accompanied by Quentin Sannié, Chairman and co-founder of Genesis, Pierre TOUSSAINT, Director of Sustainable Development at AXEREAL, Christophe Beaunoir, CEO of Saipol (Avril) and Adrienne De Malleray, co-founder

• On Thursday 29 February, Jeanne discussed solutions to the challenges of the agricultural and energy transition, particularly for small and medium-sized farms, with Maxime Pawlak, co-founder of Eloi, Florian BRETON, founder of MiiMOSA and Aude Richard, a journalist specialising in agriculture and renewable energy.

In France, the agricultural sector plays a crucial role in the national economy, contributing around 1.75% of GDP. Faced with the challenges posed by price fluctuations, the impact of climate change and the transition to sustainable practices, the sector finds itself at a crossroads of opportunities. In particular, the renewable energy market, spearheaded by agri-voltaics, is booming. It can be a solution for adapting to climate change and anticipating an agro-ecological transition.

Amarenco and Genesis allying Renewable Energy with Regenerative Innovation!

We’re thrilled to announce our partnership with environmental experts Genesis, affirming our commitment to regenerative energy production and ecosystem resilience. Our shared initiative focuses on monitoring key ecological indicators for our Ground-mount and Agrisolar projects to ensure the results-based successs of Amarenco Echo program: regeneration programs to restore the soil’s capacity to absorb carbon and to promote biodiversity and water retention.

What are we monitoring exactly?
Carbon, Biodiversity, Fertility, Water, Pollution

How?
Through the lifetime of our projects, comparing the progression to soil health before the plants’ construction.

This collaboration not only propels us forward as committed solar energy specialists, but also underscores our dedication to transparency and environmental stewardship. Through internal workshops and expert-led soil health training, we’re cultivating awareness and trust within and beyond our organization.

Spectrum has developed and owns several BOT (Build Operate Transfer) solar projects in Jordan for commercial and industrial consumers, positioning itself as a leader in the local market.

Amarenco MENA’s acquisition of Spectrum supports the company’s expansion strategy in Jordan, and reinforces its commitment to invest in renewable energy projects that contribute to sustainable development.

Following the acquisition, Spectrum will be rebranded as Amarenco Jordan, becoming the main platform for Amarenco MENA in Jordan, with a target to own 200MW.

Amarenco Group and SolarizEgypt announce the establishment of a new partnership in Egypt. This definitive agreement between both parties agrees that Amarenco shall acquire 74% of SolarizEgypt’s portfolio and co-develop 300MW of assets at an estimated budget of 4 billion Egyptian Pounds (255MUSD) in the next four years.
This Joint Venture between both parties is referred to as “SolarizEgypt | Amarenco & Co.”

This acquisition and partnership will leverage both companies’ strong knowledge and expertise to provide the best-in-class services to the Egyptian energy sector.
The new Joint-Venture will invest in developing Solar Energy projects in Egypt. As a result, clients will be offered a clean source of electricity at a discounted rate, which will help them be more competitive and reduce their carbon footprint.
Amarenco invested more than 500 million euros in Solar Development globally, and Solarize is already well-established and one of the market leaders in its segment. The synergies will allow the Joint-venture to consolidate its position within the industry.

” The Egyptian Energy market is one of the largest markets in Africa and MENA region with ambitious targets for a transition towards renewables and decarbonization. We at Amarenco are committed to investing heavily in the Egyptian market to provide the local community with cleaner, sustainable, and cheaper sources of electricity ” Yazan Faouri, Amarenco CEO in the Middle East & North Africa.

“We’ve seen time and time again that partnerships between strong local players that possess the market knowledge and depth coupled with international players that have the financial muscle and scaling expertise are where the magic happens. This partnership represents a milestone for the renewable sector and is a strong vote of confidence for FDI in Egypt.” Yaseen Abdel-Ghaffar-Founder of Solarize Egypt.

Amarenco, through Energie Développement (joint venture with TotalEnergies) wins the 13^th tranche of the CRE 4 call for tenders and strengthens its leading position in the French solar buildings market.

In total, more than 252 MWp were won on all the tranches of the CRE 4 call for tenders, launched in 2017.

Farm building, roofing, car park canopies, greenhouses, etc. No less than 194 different projects were won in the 13^th round of this call for tenders, with a total capacity of 57.5 MWp.

As a result, 20% of the awarded volumes were won, the largest capacity ever awarded in such a tender.

Olivier Carré, CEO Amarenco France, says “We are proud of the work of our teams and the results obtained over the last 4 years. But this work would be nothing without the recognition of the agricultural and industrial world, which for the last 4 years has enabled us to maintain our position as leader in the French market by entrusting us with their projects year after year.”