Into the future - Selenis 2023 Sustainability Report

Renewable energy

In 2023, we achieved a significant milestone by sourcing 77% of our electricity from renewable sources (18% when considering total energy). This milestone surpasses our target to source 50% of our electricity from renewable sources by 2025. This success is attributed to the dedicated efforts of our Energy company, Renewis, in fulfilling its mission to provide clean energy and carbon reduction services to our Group. It marks a pivotal step forward in the implementation of our Renewable Energy Plan. Through this plan, Renewis is effectively increasing our share of renewable energy through power generated by our solar parks, renewable energy procured from external entities, and renewable‑based power purchase agreements with energy suppliers. A key aspect of our Renewable Energy Plan involves the construction of on-site solar parks at our industrial plants. In 2023, our first solar park in Portalegre, with a capacity of 3.3 MWp, produced 5.07 GWh, accounting for 11% of our consumption in Portugal. Additionally, we completed the first phase of our solar parks in Italy, with a capacity of 0.5 MWp. Looking ahead, Selenis is investing in expanding our solar parks with an additional 3.9 MWp in Portugal, and in 1.2 MWp in Italy, increasing the share of energy coming from our own renewable sources to 23% and 8% in the respective sites.

18 % renewable energy 77 % of electricity from renewable sources

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