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ESG REPORT 2022

𝗔𝘁 𝗔𝗺𝗮𝗿𝗲𝗻𝗰𝗼, 𝘄𝗲 𝗵𝗮𝘃𝗲 𝗶𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗲𝗱 𝗮 𝗽𝗿𝗼𝗮𝗰𝘁𝗶𝘃𝗲 𝗘𝗦𝗚 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝘁𝗵𝗮𝘁 𝗴𝗼𝗲𝘀 𝗯𝗲𝘆𝗼𝗻𝗱 𝗺𝗲𝗿𝗲 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲.

Our vision is to be a pioneer and a changemaker for regeneration. To achieve this, we have developed a four-stage roadmap with key milestones in 2023, 2025, 2030 and 2050 to reach our regeneration ambition.

𝗛𝗲𝗿𝗲’𝘀 𝗼𝘂𝗿 𝟮𝟬𝟮𝟮 𝗘𝗦𝗚 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.

Ana Dubois, Head of ESG end ECHO “Solar power has the opportunity to regenerate ecosystems by increasing carbon capture in the ground and integrating photovoltaic and ecological infrastructures. The key is cooperation among players in the project value chain and increasing the skills of internal teams in biodiversity issues

” Alain Desvigne, Chief Executive Officer “We see this report as a blueprint for the sustainable and regenerative future we are building together. As we prepare for the 2025 CSRD and the global environmental and social challenges that lie ahead, we don’t see ourselves as mere participants in the global transition to renewable energy; we are pioneers, setting the course for an industry-wide transformation. Our journey is ambitious, but it is also necessary.”

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French version of the 𝗔𝗴𝗿𝗶𝘀𝗼𝗹𝗮𝗿 𝗕𝗲𝘀𝘁 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲 𝗚𝘂𝗶𝗱𝗲𝗹𝗶𝗻𝗲𝘀

Solar Power Europe 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝘀 𝗙𝗿𝗲𝗻𝗰𝗵 𝘃𝗲𝗿𝘀𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗔𝗴𝗿𝗶𝘀𝗼𝗹𝗮𝗿 𝗕𝗲𝘀𝘁 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲 𝗚𝘂𝗶𝗱𝗲𝗹𝗶𝗻𝗲𝘀, 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗼𝗳 𝗙𝗿𝗲𝗻𝗰𝗵 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆!

The report offers a tailored scoring system to evaluate the performance of agrisolar projects across agricultural, environmental, social, economic, and lifecycle quality criteria.

The report also explores real-world examples of Agrisolar projects in the EU, including data on crop yield, water usage, land efficiency, biodiversity enhancement, and socioeconomic benefits.

Eva Vandest, Head of Public Affairs, of Amarenco : “Today, Agri-PV is at the heart of public debate. We are proud that these guidelines are now being translated into several languages, starting with French. The report provides a set of highly practical guidelines which will be instrumental in developing the technology, as well as being relevant to the lives of farmers, local players, and solar project developers.”

At Amarenco, we are extremely proud to be a part of this with SolarPower Europe, in collaboration with the members of the Agrisolar Workstream and agricultural sector partners.

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Inauguration of the Montpezat d’Agenais half-floating, half-landing power plant

Unique, emblematic, ecologically and economically significant: Amarenco inaugurated its very first hybrid solar power plant in France on September 21.

Strategically located in Montpezat d’Agenais in the Lot-et-Garonne department, this plant covers 5 hectares, 3 of which are floating, of the 8-hectare industrial site belonging to the Longhi Béton company.

Already operational for several months, it currently generates 6,170 MWh at a power of 4.8 MWp, equivalent to the annual electricity consumption of 2,500 people (excluding heating and hot water production).

The plant will save 250 tonnes of CO2 every year, the equivalent of 1,300 flights from Paris to New York.

More than 90 people were present on September 21, 2023 to witness this landmark event in our quest for a cleaner, more resilient energy future: journalists, executives, partners.

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AMARENCO IDENTITY THEFT ALERT

Amarenco has been informed of the existence of fraudulent practices by people impersonating some of its employees, encouraging individuals to invest in renewable energy projects via participatory financing.
Amarenco advises anyone who is the subject of such solicitations to be extremely vigilant.
These approaches constitute attempts at fraud, which may involve deceptive solicitations seeking to carry out a transaction by means of a bank transfer or dematerialised payment.
These solicitations are made by e-mail or by telephone using Amarenco’s name. While these may seem serious at first glance, there are certain details that should alert you to potential fraud.

Adopt the right reflexes

Never click on a link in an e-mail asking you to connect in order to reactivate a bank account, check suspicious transactions or enter bank details.
Always check the sender’s address.
Amarenco strongly urges you to beware of offers that are too attractive, that promise a very high and risk-free return, and that require you to make a decision or take action quickly. Under no circumstances do we offer to invest directly in renewable energy projects, as proposed by recent fraud attempts that have been identified.
Generally speaking, Amarenco does not offer direct investments or banking products, whether for investment or savings.

What should I do if I have any doubts?

If you have any doubts, the Amarenco teams are at your disposal on +33 5 63 34 20 42. They will quickly check whether or not the person contacting you works for Amarenco, and whether or not they are impersonating the person who signed the email.
It is also advisable to consult the AMF (Autorité des Marchés Financiers) blacklist of all fraudulent companies.

What should I do if I fall victim to a scam?

It is imperative to lodge a complaint immediately with the nearest police station or gendarmerie.
You should also report the e-mail or phishing site to :

  • – the Phishing Initiative website, to feed the databases of the various browsers to block access to these sites
  • – the Internet Signalement (Pharos) site, to report the illegality of the site to the police.
    Finally, it is important to contact the Amarenco teams on +33 5 63 34 20 42
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Agrisolar Best Practice Guidelines Version 2 is now live!

Eva Vandest presented version 2 of the guide to good agrisolar practice at Intersolar.

Agrisolar is an ideal solution for decarbonising the agriculture sector, benefiting both farmers and nature.

Dual land-use initiatives thanks to agripv are helping to reduce water usage on farms, improve crop yield and protect biodiversity.

This new report provides guidance for the deployment of sustainable Agri-PV practices for solar industry stakeholders; it also addresses wider stakeholder groups and serves as an informative tool for the Agrisolar sector.

Download the report here !

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Amarenco acquires Spectrum International, a renewable energy company based in Jordan.

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.

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Infracapital agrees the sale of French solar PV platform, Infram, to Amarenco

Amarenco has acquired 100% of Infracapital’s portfolio of assets in Infram Energy (owner of ground- and roof-mounted PV solar panels).

This acquisition reinforces our desire to support and increase an already exceptional dynamic which, among other things, has enabled :

The construction of a stable yielding portfolio of 220 sites with a capacity of over 125MW from initial operational portfolio of 19MW

The management and grew of a strong pipeline of assets which currently stands at c.50.4MW

The production of 131.5GWh of clean energy over 2021, powering one million French households for over 131 hours and avoiding 6,328 tons of CO2 emissions

We would like to thank Infracapital and Infram for their trust and their shared vision regarding the changing needs of our society related to the decarbonisation and securing of energy, in France and throughout the world.

For further information : https://www.infracapital.co.uk/news/2023/infracapital-agrees-the-sale-of-french-solar-pv-platform-infram-to-amarenco

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Eva Vandest and Dave Renne elected new Vice-Chairs of the GSC

GSC’s top management is further strengthened through the appointment of prominent experts from Amarenco and ISES

The Global Solar Council (https://www.globalsolarcouncil.org) is the voice of the world’s solar energy industry, a non-profit body based in Washington D.C. representing national, regional and international associations as well as leading solar sector corporations.

Founded at the 2015 Paris climate conference as a private-sector response to the climate emergency, the Global Solar Council brings together associations from both established and emerging markets that represent companies all along the solar supply chain.

👏 Huge congrats to Eva Vandest, Amarenco’s Head of Public Affairs who was recently elected Vice-Chair of Global Solar Council!

💡 Amarenco together with Global Solar Council members aim at boosting the association at the next level to be the a worthy representative of a #Solar industry and Solar corporates which are contributing globally to achieve the ambitious objectives and provide the energy that we all need everyday.

“As Vice-Chair of Global Solar Council I will aim to support the next development of Solar at a global level and contribute to the most important passage of our century with passion through a political, legal and strategic contribution of influence.”

For further information : https://www.globalsolarcouncil.org/gscs-top-management-is-further-strengthened-through-the-appointment-of-prominent-experts-from-amarenco-and-ises/

 

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Award for Amarenco’s commitment and contribution to the energy transition

Energy Box organised Solar Energy Storage Future SEA 2022 in Bangkok scheduled on December 6, 2022.

The congress invited the ASEAN (Association of Southeast Asian Nations) government, local power companies, leading companies with the most development experience, qualifications and investment intentions in SEA, and 600+ professionals to share SEA’s solar and Energy Storage project development strategies, and jointly analyze the future development of solar and Energy Storage markets

Including cutting-edge trends in its new energy market

On this occasion Amarenco has received the award of 🏆 𝗘𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝗰𝗲 𝗥𝗲𝗻𝗲𝘄𝗮𝗯𝗹𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗬𝗲𝗮𝗿 𝟮𝟬𝟮𝟮 Award recipient for 𝙎𝙊𝙇𝘼𝙍 𝙋𝙊𝙒𝙀𝙍 𝘼𝙘𝙝𝙞𝙚𝙫𝙚𝙢𝙚𝙣𝙩 𝘼𝙬𝙖𝙧𝙙

Energy Box organised an award ceremony during 𝑺𝒐𝒍𝒂𝒓 & 𝑬𝒏𝒆𝒓𝒈𝒚 𝑺𝒕𝒐𝒓𝒂𝒈𝒆 𝑭𝒖𝒕𝒖𝒓𝒆 𝑺𝑬𝑨 2022 to recognize Amarenco Group the glittering accomplishments of their outstanding contribution on energy transitions and for decarbonized society.

Thanks to Yann, Davide, Sam, Pying and all our partners and teams in APAC for their great commitment on a daily basis and which fully justifies these recognitions !

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Arabian Cement Company X Amarenco SolarizEgypt

Arabian Cement Company announced it signed an amendment to its 2019 contract with Amarenco Group / SolarizEgypt to establish a Solar #Photovoltaic plant at its Suez facility in Egyp. 🇪🇬

👉 The capacity for this new phase will be 13.2 MW, bringing the total capacity of the plant to 20.6 MW and will eliminate 13k tons of CO2 emissions per year.

🌳 Very proud to be even more a part of this significant project, especially during #COP27!

#renewable #solar #energytransition #biodiversity