X Elio, officially known as X Elio Energy, is a prominent player in the renewable energy sector, headquartered in Spain. Founded in 2011, the company has rapidly established itself as a leader in solar energy solutions, with significant operations across Europe, Latin America, and the United States.
Specialising in the development, construction, and operation of solar photovoltaic plants, X Elio is recognised for its innovative approach and commitment to sustainability. The company’s unique ability to deliver large-scale solar projects efficiently has garnered it a strong market position, contributing to its reputation for excellence in the industry.
With a focus on maximising energy production while minimising environmental impact, X Elio continues to achieve notable milestones, reinforcing its status as a key player in the global transition to renewable energy.
-5 vs industry average
X Elio’s score of 31 is lower than 45% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electrical Machinery Manufacturing has below-average carbon intensity
Industry performance
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 37% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
X Elio's reported carbon emissions
X-ELIO, headquartered in ES, has reported significant carbon emissions and set ambitious climate commitments. For 2023, X-ELIO's total market-based Scope 1 and 2 emissions were approximately 2.68 billion kg CO2e. Their Scope 1 emissions for 2023 were about 14,240 kg CO2e, and Scope 2 emissions (market-based) were approximately 2.12 billion kg CO2e. In 2022, X-ELIO reported total emissions of approximately 132.2 billion kg CO2e, comprising Scope 1 emissions of about 38,630 kg CO2e, Scope 2 emissions of about 34,890 kg CO2e, and Scope 3 emissions of approximately 97.3 billion kg CO2e. Their 2020 emissions stood at approximately 39.4 billion kg CO2e, with Scope 1 emissions of 0 kg CO2e, Scope 2 emissions of about 46,140 kg CO2e, and Scope 3 emissions around 39.3 billion kg CO2e. X-ELIO is committed to achieving net zero emissions by 2030. They have set a target to reduce Scope 1 emissions by 50% from 2020 levels by 2030 and also aim to reduce Scope 2 emissions by 50% by 2030, using the same 2020 baseline. Furthermore, X-ELIO has a long-term goal to reduce its Scope 1 and Scope 2 emissions to near zero by 2050. It is noted that X-ELIO is a current subsidiary and its reported emissions data for CDP disclosures are inherited from Brookfield Renewable Partners L.P. This cascading relationship indicates that their climate performance data is linked to their parent organisation.
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X Elio’s Climate Goals (2030 & 2050)
6 goals2030
50% reduction in Scope 1
We aim to reduce our Scope 1 emissions by 50% by 2030 from a 2020 baseline.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
Inherited from Brookfield Renewable Partners L.P.The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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