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    TotalEnergies to Acquire SunPowers Commercial & Industrial Solar Business

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  • Market Moves
    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

    GE's digital power transformers selected for multiple projects across the globe

    GE’s digital power transformers selected for multiple projects across the globe

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    bp to invest up to £18 billion in UK energy system by 2030

    Giant offshore wind energy projects to be built in Irelands seas

    Kier to deliver onshore converter station for offshore wind project in the north east

    Statkraft seeks planning nod for 49.9-MW Scottish wind farm

    VSB Group Expands in France with Acquisition of 143.5 MW Wind Power Portfolio

    Norway to invest in renewable projects in developing countries

    Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

    China installed 48.2 GW of new solar capacity in 2020

    Solek Group signs deal to build solar power plants in Chile

    Trina Solar betting on largest wafer size and third cut cells for 500W-plus modules

    TotalEnergies to Acquire SunPowers Commercial & Industrial Solar Business

    Vattenfall Wind

    UK Government grants consent for Vattenfall’s Norfolk Vanguard Offshore Wind Farm

    New DNV GL class rules for floating offshore wind energy expands industry horizon

    Norway to launch 1.5 gigawatt offshore wind tender

    Atlas and Hitachi to develop energy storage systems for renewable projects

    Velto Renewables supports the 360 MW offshore wind farm London Array

  • Market Moves
    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

  • Press Statements
    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

    GE's digital power transformers selected for multiple projects across the globe

    GE’s digital power transformers selected for multiple projects across the globe

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ACCIONA places Sustainable Regeneration at the core of its activities

in News, Renewable Power
Acciona and Korea Zinc to build MacIntyre wind farm in Queensland, Australia

ACCIONA, a pioneer in sustainability planning and reporting, launched a new five-year Sustainability Master Plan (SMP) 2025, the company’s third successive blueprint for advancing its Environmental, Social and Governance (ESG) goals. The new plan includes over 80 initiatives that will make a decisive contribution to ACCIONA’s leadership in decarbonization and the development of sustainable Infrastructure. The key aim of the new Sustainability Master Plan is the introduction of advanced “regenerative measures” that will both enhance sustainability in ACCIONA’s projects and multiply the positive impacts of the company’s business activities.

The SMP2025 aims to make a positive contribution to the recovery of the planet’s resources. ACCIONA aspires to go beyond carbon neutrality, which the company achieved in 2016, by having “a positive impact on natural capital”. To do so, it will develop initiatives across four areas: climate, biodiversity, circular economy and water management.

Initiatives include new “zero waste” business models and the provision of water treatment and production services using advanced technologies.

Under the plan, ACCIONA will ensure that 90% of its investments are classified within the European Commission’s taxonomy of sustainable activities that contribute significantly to the decarbonization of the economy.

ACCIONA will certify the use of 100% renewable energy in all its business projects with blockchain technology, in particular with the greenchain application, developed by the company.

The company also commits to reducing emissions by up to 60%, by accelerating the electrification of business and management processes. It will also apply “nature-based solutions” where necessary (equivalent to planting and conservation of one million trees) to neutralize the company’s carbon footprint.

To increase the circularity of ACCIONA’s business activities, the company will double the use of recycled products and halve the waste destined for landfill. The company has set a target of cutting its Water use by 50%, especially in places with severe water stress.

The SMP2025 reinforces diversity measures in the firm’s workforce worldwide and in its governing bodies, as well as implementing progressive labor inclusion policies and integrating people with disabilities, who are expected to make up 5% of the workforce in Spain by 2025.

ESG performance indicators have been part of the company’s remuneration policy since 2015. The weight of these indicators will increase to 12.5% during the SMP2025 period. In addition, department heads and specific project teams (construction, water, energy, real estate, etc.) will have specific sustainability performance targets linked to their activities.

The plan incorporates innovative ways of having a positive impact on communities, including investments supported by new sustainable finance products, and 100,000 hours of employee volunteering in local environmental and social sustainability projects. To this end, ACCIONA will develop a network of local alliances in the main countries in which it operates.

CORPORATE GOVERNANCE

Through the SMP2025, ACCIONA will establish a forward-looking and demanding management model that is and consistent with the principles of good corporate governance.

ACCIONA believes that to radically transform its business model and continue making progress as an agent for decarbonization, the company’s sustainability policies and targets must be implemented, measured and reported with the same discipline and thoroughness as its financial performance.

As a result, the financial and sustainability departments are being integrated into a new Economic, Financial and Sustainability Affairs Department, headed by José Ángel Tejero as Chief Financial & Sustainability Officer (CFSO).

This is undoubtedly a pioneering move in the corporate world that reflects the importance ACCIONA gives to the excellent execution of its sustainability policies.

In addition, the company is considering transforming the current Audit Committee of ACCIONA’s Board of Directors into a new Audit and Sustainability Committee, reflecting its new policies and organizational structure.
EXCELLENCE CREDENTIALS

ACCIONA, a carbon neutral company since 2016, was selected in 2020 by Corporate Knights, for the fourth consecutive year, as one of the hundred most sustainable companies in the world, out of 8,080 firms evaluated with turnover of over US$1 billion, for its performance in economic and ESG indicators.

ACCIONA also reaffirmed its position as the world’s “greenest” electricity generation company for the sixth consecutive year, according to the “New Energy Top 100 Green Utilities” ranking published annually by Energy Intelligence.

It also closed 2020 as the leading electricity company in terms of sustainability, according to the Sustainability Yearbook 2021, carried out by S&P Global. ACCIONA, with a rating of 90 points out of 100, is the leading group in the ranking’s electricity sector.

In 2020, ACCIONA carried out for the third consecutive year the classification of its activities according to the criteria established by the European Union’s sustainable finance taxonomy. The company also published and verified its degree of alignment with the demanding parameters of contribution to a low-carbon economy set by the taxonomy; 85% of its CAPEX and 84% of its EBITDA meet the requirements established in relation to climate change mitigation.

 

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News

bp to invest up to £18 billion in UK energy system by 2030

May 14, 2022
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News

Kier to deliver onshore converter station for offshore wind project in the north east

February 19, 2022
Statkraft seeks planning nod for 49.9-MW Scottish wind farm
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VSB Group Expands in France with Acquisition of 143.5 MW Wind Power Portfolio

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TotalEnergies to Acquire SunPowers Commercial & Industrial Solar Business

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