Public Profile

Amarenco Solar

Amarenco Solar, a leading player in the renewable energy sector, is headquartered in Ireland (IE) and operates extensively across Europe. Founded in 2015, the company has rapidly established itself as a key provider of solar energy solutions, focusing on the development, financing, and operation of solar photovoltaic (PV) projects. With a commitment to sustainability, Amarenco Solar offers innovative solar energy systems that stand out for their efficiency and reliability. The company has achieved significant milestones, including the successful deployment of numerous large-scale solar farms, contributing to the transition towards greener energy sources. Recognised for its expertise and market position, Amarenco Solar continues to drive advancements in the solar industry, making a substantial impact on the renewable energy landscape.

DitchCarbon Score

How does Amarenco Solar's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

25

Industry Average

Mean score of companies in the Solar Thermal Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

14

Industry Benchmark

Amarenco Solar's score of 25 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

Amarenco Solar's reported carbon emissions

In 2023, Amarenco Solar reported total carbon emissions of approximately 52,794,000 kg CO2e. This figure includes 401,000 kg CO2e from Scope 1 emissions, 249,000 kg CO2e from Scope 2 emissions, and a significant 51,794,000 kg CO2e from Scope 3 emissions, primarily attributed to capital goods and purchased goods and services. In comparison, the company's 2022 emissions were about 19,280,000 kg CO2e, with Scope 1 emissions at 394,000 kg CO2e, Scope 2 at 135,000 kg CO2e, and Scope 3 at 18,751,000 kg CO2e. This indicates a substantial increase in total emissions year-on-year, particularly in Scope 3, which reflects the company's growing operational scale. Amarenco Solar is committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. The company has set science-based targets and is actively working towards these commitments, demonstrating its dedication to sustainability in the electric utilities and independent power producers sector.

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20222023
Scope 1
394,000
000,000
Scope 2
135,000
000,000
Scope 3
18,751,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Amarenco Solar's primary industry is Electricity by solar thermal, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Amarenco Solar is headquartered in IE, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Amarenco Solar is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers