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Category 2 News

Amarenco acquires 100% of Énergie Développement

Amarenco acquires 100% of Énergie Développement, its long-standing joint venture with TotalEnergies Renouvelables France

With this transaction, Amarenco becomes the sole shareholder of this entity, which was established in 2017, and takes a further step forward in its development as a fully integrated European Independent Power Producer.

By taking full ownership of this multi-segment portfolio of solar assets, which is particularly well-established in the South-West, we are consolidating our position as an IPP and strengthening the predictability of our revenues.

This acquisition also marks the culmination of a successful partnership with TotalEnergies, Amarenco’s long-standing partner in the development of solar energy in France!

It is also a key step towards achieving our ambition: to reach, within 24 months, 1 TWh of annual generation, 1 GW of installed capacity and full structural financial independence.

see our press release

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Amarenco launches construction of Osmo

Amarenco launches construction of Osmo, a new 100 MW / 2-hour BESS project in France!
After Claudia, Osmo marks another major step in our commitment to energy storage and grid flexibility.

The energy transition is really about building the infrastructure needed to make the power system more stable, secure and resilient. Located between Os-Marsillon and Mourenx, in the Lacq industrial basin, Osmo is a 100 MW Lithium-Ion LFP battery energy storage project with a 2-hour capacity.

By investing for more than four years in these strategic infrastructures, Amarenco continues to anticipate the needs of the French electricity system and support RTE with essential services.

The project’s location was also a key choice. By developing on a former industrial site, close to existing infrastructure and with optimal grid connection conditions, Osmo helps limit the environmental footprint of the project while adding new value to an underused land area.

This project is supported by a strong ecosystem of industrial and local partners, and we are delighted to have finalized the financing of this project with our partner Société Générale and are now fully focused on launching its construction

With this closing, the Group confirms the acceleration of its energy storage project portfolio in France and across several European countries.

A huge thank you to our partners and internal teams for helping move forward this strategically important project!

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Amarenco Vivescia Partnership

A strategic alliance serving local communities

We are pleased to announce this partnership, with the priority launch of 8 ground-mounted photovoltaic power plant projects representing a total cumulative capacity of 15 MWc on agricultural storage sites. This alliance is part of a strategic initiative aimed at regenerating natural and living spaces as part of our ECHO Program and energy transition efforts.

In practical terms, this first phase will enable the production of local renewable energy, directly aligned with local needs, while limiting soil artificialization thanks to the low land footprint of the proposed reversibility solutions.

We share with VIVESCIA a long-term vision: combining energy performance, territorial anchoring, and the transition toward agricultural and agro-industrial sectors. Thank you to the committed teams on both sides for their trust and mobilization around this structuring project!

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Welcome Alexandre

Amarenco is pleased to welcome Alexandre Lambolez as Chief Financial Officer!

Alexandre brings more than ten years of experience in the independent power producer (IPP) sector, with an international background spanning multiple technologies including onshore wind, offshore wind, solar and energy storage.

Before joining Amarenco, Alexandre served as Group CFO and Executive Committee member at Qair, following earlier roles at Quadran. Over the past decade, he has supported the strong growth of these organizations by structuring major financing projects, leading M&A transactions and supporting international expansion across several regions.

His experience in building robust finance organizations, strengthening governance and supporting high-growth energy platforms will be a key asset as Amarenco continues its development as a fully integrated European IPP.

Welcome to Amarenco, Alexandre!

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Amarenco wins almost 30 MW of solar projects in Ireland

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!

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Amarenco reached 500MW of commissioned solar power assets

Amarenco reaches the milestone of half a gigawatt of installed electric power in Europe in less than four years, and aims to achieve one gigawatt within two years.

Alain Desvigne, CEO of Amarenco : « These 500 MW are a great milestone, but I would also like to take this opportunity to highlight the significant growth of our entire customer portfolio (communities, industries, farmers… for whom we imagine and build solutions tailored to their needs and ambitions). Besides these 500 MW in service, we have 250 MW currently under construction, 350 MW ready to build, and 2,700 MW in advanced development. »

We set ambitious goals, aiming to play a key role in the global energy transition while committing to ecological regeneration : in 2050, we aim to reach 25 GW of installed capacity, while committing to becoming a regenerative company.

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Here’s our 2023 Sustainability report

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

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Amarenco partner of the Agripower project

Agri-voltaic systems, which combine agriculture and photovoltaic energy, have evolved rapidly and are set to continue growing, especially in cross-border areas which are ideally located for renewable energy. Although these systems offer many benefits, such as decarbonising the economy and strengthening rural economies, a lack of knowledge is holding back their full potential. The AgriPower project aims to develop intelligent systems to optimise the efficiency of agrivoltaic installations by maintaining the focus on agricultural activity while integrating energy production. It includes detailed monitoring of agricultural and livestock variables and pilot trials, as well as support for producers and policy recommendations for the energy transition and agricultural viability.

The Agripower project, with which Amarenco is associated, is supported by :

Spain side

Instituto Vasco de Investigacion y Desarrollo Agrario (NEIKER)

Instituto de Investigacion y Tecnologia Agroalimentarias (IRTA)

Instituto Navarro de Tecnologias e Infraestructuras Agroalimentarias

Government of Navarre (GNAV)

Universidad del Pais Vasco (UPV)

France side

Pyrénées-Atlantiques Chamber of Agriculture (CDA64)

Dordogne Chamber of Agriculture (CDA24)

DERBI competitiveness cluster

Agri South-West Innovation

Amarenco Construction

INDARKI

AMARENCO will play a crucial role in analysing cross-border development opportunities in the photovoltaic sector, advising on pilot actions to optimise technological performance. In addition, the company will coordinate a personalised support system for producers interested in agrivoltaic systems, with a multidisciplinary approach involving agricultural producers, research bodies, technology companies and energy distributors.

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Category 2

Successful connection of our first 1 MW solar plant in Portugal !

Our great team in Portugal is making fast and good progress! We just injected the first kWh of energy into the national distribution grid.
This is a crucial milestone for us and for a greener future… but certainly not the last!

Big thanks to everyone involved at Amarenco (Elsa Ferreira, Liliana Figueiredo, Fábio Oliveira, Rui António, António Cruz, David Dos Santos and Jose Maria Lozano) and to our partners (EnergyCon, Insun-GW, Skyray et Triple Watt) who led to the successful connection of our first 1 MW solar plant in Portugal.

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Category 2

Amarenco Mag, where the voice of Regeneration is heard!

“For the overseas territories, this no longer time for contemplation, but for action. We must turn challenges into opportunities, isolation into strength, and each project into a step forwards reconciling humanity with its one and only home, the earth”

With these introductory words, we would like to welcome you to our Invest in Regeneration mini Mag, which is the voice and viewpoint of the regions in which Amarenco operates. Its aim is to publicise and share the realities and specific features of these regions, combining them with our regenerative vision and the progress of projects that showcase the energy model we want to transform.

The first issue is devoted to the French Overseas Territories through the voice and testimony of Laurent Pflumio. Other ambassadors will soon follow.

We hope that it will confirm to our employees and our various audiences all the potential that the company deploys to fulfil its mission as a Silent Change Maker on a daily basis.

We hope you enjoy reading it.