TotalEnergies Finalizes Three Global Renewable Acquisitions

• TotalEnergies boosts its global renewable footprint with strategic acquisitions, advancing its commitment to sustainable energy across Europe, Africa, and North America.

TotalEnergies SE has finalized three renewable energy acquisitions across Europe, Africa, and North America. The company has expanded its renewable portfolio by securing a new deal with RES, a renewables developer, in Alberta, Canada.

These strategic acquisitions are part of TotalEnergies' ongoing efforts to enhance its presence in the global renewable energy sector, aligning with its commitment to transition towards more sustainable energy solutions.

How is TotalEnergies Expanding Its Global Renewable Energy Portfolio?

• TotalEnergies has set a target to achieve 100 GW of renewable energy capacity by 2030, demonstrating its commitment to expanding its renewable energy portfolio.
• The company is investing in solar, wind, and energy storage projects across various continents to diversify its renewable energy sources.
• TotalEnergies has entered into partnerships and joint ventures with local and international renewable energy companies to leverage expertise and accelerate project development.
• The company is focusing on both onshore and offshore wind projects, with significant investments in offshore wind farms in Europe and Asia.
• TotalEnergies is actively participating in government tenders and auctions for renewable energy projects to secure long-term contracts and ensure stable revenue streams.
• The company is integrating digital technologies and innovative solutions to optimize the performance and efficiency of its renewable energy assets.
• TotalEnergies is also exploring opportunities in emerging markets, where there is significant potential for renewable energy growth.
• The company is committed to reducing its carbon footprint and aims to achieve net-zero emissions by 2050, with renewable energy playing a crucial role in this transition.
• TotalEnergies is investing in research and development to advance renewable energy technologies and improve the sustainability of its operations.
• The company is engaging with stakeholders, including governments, communities, and environmental organizations, to ensure its renewable energy projects are socially and environmentally responsible.