Search



TotalEnergies wins Angola solar concession
TotalEnergies has won a concession to build Angola's initial solar plant. The 35MW Quilemba project also has the possibility of including 45MW in a second phase. The plant will certainly be situated in the southern city of Lubango and must begin stream at the end of 2023. It will contribute to the decarbonization of Angola's power mix and also, via a fixed-price power acquisition contract. TotalEnergies also claimed it will deliver "considerable financial savings" for the Angolan federal government contrasted to the fuel made use of in existing power plants. TotalEnergies holds an 51% interest in Quilemba solar, alongside affiliates of Sonangol EP (30%) and Angola Environment Technology (Greentech, 19%). Patrick Pouyanné, Chairman as well as Chief Executive Officer of TotalEnergies., claimed: Quilemba will permit us to harness the nation's solar potential as well as create a lasting model for the production of electricity. " These three projects show TotalEnergies' passion to support Angola during the energy change by generating power with low carbon strength and creating renewables in a country with solid potential."
Jul 29, 2022 // Plants, Large-Scale, Commercial, Africa, Angola, Patrick Pouyanné, TotalEnergies
TotalEnergies Grabs Total Eren for €1.5bn
TotalEnergies SE (EPA:TTE), a French energy major, has agreed to take full control of Total Eren for an enterprise value of about EUR 3.8 billion (USD 4.22bn). The company will acquire the 70.8% stake it does not already have in Total Eren for approximately EUR 1.5 billion net. EREN Groupe, the seller of Total Eren, will invest the proceeds in its other business lines.Total Eren has 3.5 GW of renewable energy capacity in operation and a solar, wind, hydro and storage project pipeline of over 10 GW in 30 countries. The buyer, TotalEnergies, will benefit from opportunities in markets such as India, Argentina, Kazakhstan and Uzbekistan. The integration of Total Eren into TotalEnergies' renewables operations is expected to increase its Integrated Power Net Operating Income by around EUR 160 million and CFFO by EUR 400 million in 2024. How Will TotalEnergies Benefit From Acquiring Total Eren? TotalEnergies will benefit from the 3.5 GW of renewable energy capacity already in operation and 10 GW in project pipelines in 30 countries. TotalEnergies will benefit from potential growth opportunities in markets such as India, Argentina, Kazakhstan and Uzbekistan. The integration of Total Eren into TotalEnergies' renewables operations is expected to increase its Integrated Power Net Operating Income by around EUR 160 million and CFFO by EUR 400 million in 2024. TotalEnergies will gain access to Total Eren's technological solutions for hydrogen, storage and digital solutions, to be used in the development of its power and energy business. TotalEnergies will also benefit from Total Eren's expertise in developing large-scale renewable projects, as well as Total Eren's financial strength in accessing capital markets.
Jul 25, 2023 // Markets & Finance News, France, Total Eren, Europe, TotalEnergies
TotalEnergies, Sonatrach Ink Renewables Pact
TotalEnergies and Sonatrach have signed a cooperation agreement to develop renewable energy projects in Algeria. The focus of the partnership will be on solar, hydrogen and low carbon energies, and the companies plan to solarise exploration and production sites for oil and gas. Additionally, they will explore the potential for renewable hydrogen for the export market, as well as launch a R&D programme for low carbon energies and the energy transition. The two companies have also agreed to increase gas production at two jointly owned fields, and boost NLG deliveries from Sonatrach to TotalEnergies. The agreement with TotalEnergies is in line with Sonatrach’s partnership with the Italian oil and gas major Eni SpA on solar projects across Algeria. How Will TotalEnergies & Sonatrach Partner? Exploration of potential for renewable hydrogen for export market Launch of R&D programme for low carbon energies and the energy transition Solarisation of exploration and production sites for oil and gas Increase gas production at two jointly owned fields Boost NLG deliveries from Sonatrach to TotalEnergies Leveraging Sonatrach’s partnership with Italian oil and gas major Eni SpA on solar projects across Algeria
Jul 10, 2023 // Plants, Africa, Algeria, TotalEnergies, Sonatrach
TotalEnergies commissions 61MW French battery
TotalEnergies has actually appointed a 61MW battery energy storage system in France. Located at the Flandres Center in Dunkirk, the battery has a complete storage capacity of 61 megawatt hrs (MWh) as well as provides grid stabilisation services. The energy storage system comprises 27 containers of 2.5 MWh, developed as well as constructed by Saft, TotalEnergies' battery affiliate. This project was picked as part of the long-term tender released by the French Electricity Transmission Network (RTE) in February 2020, where TotalEnergies was awarded battery storage capacity. The complete appointing of the site adheres to the start-up of a first 25MW device in January 2021. "We take pride in the appointing of the biggest storage site in France and to be able to sustain RTE, the grid operator, in guaranteeing the stability of the grid and also thus enabling the enhanced growth of renewable energies", said Vincent Stoquart, TotalEnergies elderly vice president renewables. "With the success of this project as well as Saft's experience in batteries for energy storage, TotalEnergies plans to deploy its storage services in nations where the business is proactively developing renewable resources". The battery is supplying fast book supplies to offset a discrepancy in the small frequency of 50 Hertz.
Dec 21, 2021 // Markets & Finance News, Storage, France, Europe, TotalEnergies, Vincent Stoquart
TotalEnergies unveils Belgian battery scheme
TotalEnergies has actually begun an energy storage space project at its Antwerp refinery in Belgium. The firm is developing a 25MW/ 75 megawatt hour battery storage space project at the site, which will certainly be its biggest in Europe to date. This site will benefit from the offered land and the site's grid connection. The company has actually already appointed 4 battery parks in France with a total energy storage capacity of 130MWh. Saft, a TotalEnergies subsidiary, will supply 40 Intensium Max High Energy lithium-ion containers for the project. The installment, which will be functional by the end of 2024, will certainly assist meet the requirements of the European as well as Belgian high-voltage transmission network by smoothing power changes in the nationwide grid on a daily basis, especially throughout peak winter season periods. It will certainly help guarantee grid protection by getting involved proactively in the nationwide grid's book solutions as well as will allow extra eco-friendly power to be integrated into the grid. Senior vice president integrated power at TotalEnergies Olivier Jouny claimed: "This first storage space project in Belgium-- our biggest in Europe-- will aid make certain the security of the Belgian and European grids to allow for better advancement of renewable resources. " It fits in completely with the multi-energy approach of TotalEnergies. " Backed by Saft's battery energy storage space system competence, TotalEnergies plans to deploy storage space services-- significantly in nations where we are actively developing renewable energies. " With its energy storage space remedies, TotalEnergies supports the growth of renewable resource manufacturing in the European energy mix."
May 15, 2023 // Storage, Europe, Belgium, TotalEnergies
TotalEnergies Finalizes Three Global Renewable Acquisitions
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.
Apr 3, 2025 // Markets & Finance News, TotalEnergies
TotalEnergies, Ronesans Greenlighted for Turkey Renewables JV
agreement will position TotalEnergies as one of the leading players in the Turkish renewables sector.The European Commission (EC) has given its approval for
Aug 31, 2023 // Markets & Finance News, Storage, Asia, Turkey, TotalEnergies SE, Ronesans Holding
TotalEnergies Expands Solar Portfolio with Spanish Acquisition
TotalEnergies Renewables has acquired the 59MW Dehesa Nueva del Rey solar park in Spain, adding to its 3GW portfolio of solar projects with environmental permits in various regions. The plant is expected to generate enough electricity to power over 33,000 homes annually. TotalEnergies is committed to contributing to Spain's energy transition by promoting renewable energies.In addition to the acquisition in Spain, TotalEnergies recently signed an agreement to acquire Kyon Energy, a developer of battery storage systems in Germany. The company is expanding its portfolio of renewable energy projects and aims to become an integrated power player in the country. Meanwhile, Norwegian state-owned power company Statkraft AS has secured consent to set up a 228-MWp solar farm in the region of Murcia, Spain, as part of the ecological transition. What recent acquisitions has TotalEnergies made in the solar industry? TotalEnergies acquired the 59MW Dehesa Nueva del Rey solar park in Spain TotalEnergies signed an agreement to acquire Kyon Energy, a developer of battery storage systems in Germany Statkraft AS secured consent to set up a 228-MWp solar farm in the region of Murcia, Spain
Feb 22, 2024 // Plants, Large-Scale, Commercial, Spain, Europe, PV Power Plant, TotalEnergies
TotalEnergies Launches 1.2 GW Solar Parks in Texas
TotalEnergies SE has officially launched two solar parks in southeast Texas, Danish Fields and Cottonwood, with a combined capacity of 1.2 GW. Danish Fields, the largest U.S. solar farm for TotalEnergies at 720 MWp, includes a 225-MWh battery system from Saft. The 455-MWp Cottonwood facility, which will also feature a 225-MWh battery, is set to be commissioned in 2025. Together, these projects contribute to TotalEnergies' 4-GW renewable portfolio in Texas.Danish Fields has secured long-term power purchase agreements (PPAs) for 70% of its capacity, partnering with companies like Saint-Gobain, while the rest will help decarbonize TotalEnergies' industrial sites. Cottonwood's output is also contracted under long-term PPAs with LyondellBasell and Saint-Gobain. Olivier Jouny, senior vice president of renewables at TotalEnergies, emphasized that these projects enhance their ability to supply competitive renewable energy and support client decarbonization goals. How do TotalEnergies' new solar parks impact renewable energy supply and decarbonization efforts? Increased Renewable Energy Capacity: With a combined capacity of 1.2 GW, TotalEnergies' new solar parks significantly bolster the renewable energy supply in the region, contributing to the transition from fossil fuels to sustainable energy sources. Short- and Long-Term Power Purchase Agreements (PPAs): The secured PPAs for 70% of Danish Fields’ capacity and additional contracts for Cottonwood play a crucial role in stabilizing and guaranteeing renewable energy supply, benefiting both the utility provider and the contractual clients. Energy Storage Integration: The integration of 225-MWh battery systems at both solar parks facilitates energy storage, ensuring a reliable power supply even when sunlight is not available. This is paramount for enhancing grid stability and making renewable energy more accessible. Support for Corporate Decarbonization: By partnering with firms like Saint-Gobain and LyondellBasell, TotalEnergies enables these companies to meet their corporate sustainability targets, thereby advancing overall industrial decarbonization efforts. Contribution to Texas’ Renewable Portfolio: As part of TotalEnergies’ 4-GW renewable portfolio in Texas, these solar parks underscore the state’s commitment to increasing its renewable energy share, which is critical for meeting energy demands and climate goals. Positive Economic Impact: The construction and operation of the solar parks are likely to create jobs in the local economy, further supporting Texas’ energy transition while fostering economic growth through clean energy investments. Leverage for Future Projects: The success of Danish Fields and Cottonwood may pave the way for additional renewable energy investments in the region, establishing TotalEnergies as a key player in the Texas renewable energy market. Alignment with Global Climate Goals: These projects contribute to TotalEnergies’ overall strategy of achieving net zero emissions by 2050, aligning with international climate targets and demonstrating corporate accountability in addressing climate change. Enhancement of Renewable Energy Competitiveness: By increasing their capacity to supply renewable energy through these solar developments, TotalEnergies is positioned to offer more competitive pricing for clean energy solutions, appealing to businesses aiming to reduce their carbon footprint. Community Engagement and Impact: TotalEnergies may engage local communities through educational programs and initiatives that promote the benefits of solar energy, fostering greater public support for renewable projects in the region.
Sep 30, 2024 // Plants, Large-Scale, Commercial, USA, Texas, North America, solar parks, TotalEnergies
TotalEnergies acquires 200MW Gloss PV pipeline
TotalEnergies is developing its renewable activities in Poland by obtaining a 200MW development pipeline of solar projects. Found in north and western Poland, the initial solar farms are expected to find on stream by 2025. TotalEnergies president for gas, renewables as well as power Stéphane Michel claimed: "These agreements highlight TotalEnergies' commitment to developing its renewable tasks in Poland, and in Europe overall, to sustain the European Green Deal. " We are creating our visibility in renewable energies with a profile of solar projects. " We wish we will certainly additionally have the opportunity to provide Poland with our knowledge in offshore wind, a location in which we have actually developed a collaboration with KGHM."
Mar 6, 2023 // Plants, Large-Scale, Commercial, Poland, Europe, PV Power Plant, solar projects, TotalEnergies
TotalEnergies, LyondellBasell Reach 275MW Texas Solar PPA
TotalEnergies and LyondellBasell have signed two corporate power purchase agreements (PPAs) for a combined 275 megawatts (MW) of solar power in Texas. TotalEnergies will provide 125 MW (163 MW DC) from its 325-MW DC Brazoria solar farm, which is expected to be online at the end of 2025. The second PPA is for a 150-MW (195 MW DC) portion of TotalEnergies' 455-MW DC Cottonwood Bayou solar plant, which is set to go live at the end of 2024. The PPAs have a term of 15 and 12 years respectively, with an upside-sharing mechanism where any potential gains from increased market prices are split by the two companies. Through these deals, LyondellBasell is aiming to reduce its greenhouse gas emissions, while TotalEnergies is helping corporations achieve their decarbonisation goals. How Will TotalEnergies and LyondellBasell's PPAs Reduce GHG Emissions? TotalEnergies and LyondellBasell's PPAs will reduce GHG emissions by replacing electricity generated from fossil fuel sources with renewable solar energy. The Brazoria and Cottonwood Bayou solar plants will provide 275 MW of clean energy to meet the energy needs of LyondellBasell and its customers. The PPAs have an upside-sharing mechanism, meaning that if there are increased market prices, the gains will be split between the two companies, thus providing an incentive for renewable energy projects. The renewable energy provided by the PPAs will reduce electricity demand from sources that produce GHG emissions, contributing to the reduction of global carbon emissions. The two companies are also helping other corporations achieve their decarbonisation goals, setting an example for other businesses to follow in transitioning to renewable energy sources.
Dec 19, 2023 // Plants, USA, PPA, Texas, North America, TotalEnergies, LyondellBasell
TotalEnergies Starts Green Revolution: 380MW Texas Solar
TotalEnergies has started commercial operations of its largest solar farm, Myrtle, in Houston, Texas. The 380MW solar farm is accompanied by 225 megawatt hours of battery storage facility. 70% of the capacity will be used to supply electricity to TotalEnergies' industrial sites in the US Gulf Coast region. The remaining 30% of the capacity will be sold to Kilroy Realty under a 15-year corporate power purchase agreement. The solar farm comprises 705,000 ground-mounted photovoltaic panels and was built in compliance with the Inflation Reduction Act Tax Credit mechanisms. It is part of the company's Go Green Project and will enable TotalEnergies to cover its power needs and reduce Scope 1+2 emissions of its industrial sites. Vincent Stoquart, Senior Vice President, Renewables, expressed his pride in the company's achievement in building an integrated and profitable position in the US electricity grid. What Benefits Does TotalEnergies Gain From Its Largest Solar Farm? Reduced pressure on the environment by providing clean energy to the US electricity grid and reducing Scope 1+2 emissions. Improved energy efficiency due to the integrated and profitable approach of TotalEnergies. Secured a 15-year corporate power purchase agreement, providing steady income. Created employment opportunities for local people with the construction of the solar farm. Generated over 700,000 megawatt hours of renewable energy per year. Stimulated development of the US Gulf Coast region through increased investment and job creation.
Oct 24, 2023 // Plants, Large-Scale, Commercial, Houston, solar farm, TotalEnergies
TotalEnergies lets loose 55MW French solar
TotalEnergies has commissioned its largest solar project in France, the 55MW Gien website in Lorient. The home town programmer claimed the project comprises 126,000 solar panels topped 75 hectares. The plant (envisioned) will produce around 64 GWh each year, comparable to the yearly electrical power consumption of 38,000 people. It was financed partially making use of a participative financing system including website neighbours. TotalEnergies groups will run and preserve the plant locally throughout its 30-year operating life expectancy. Country manager Thierry Muller said: "TotalEnergies once again verifies its dedication to the advancement of renewable energies in partnership with the areas. I would like to say thanks to all of the project stakeholders who assisted create our biggest solar farm in France. " This commissioning contributes to France's energy shift as well as is a more step in the direction of our goal of reaching 4 GW of renewable generation capacity by 2025. It reinforces our commitment to be a significant gamer in renewable resource in France."
Nov 29, 2021 // Plants, France, Europe, Thierry Muller, Solar Project, TotalEnergies
TotalEnergies' Solar Carport & BESS at JFK Airport
energy group TotalEnergies is installing a 12-MW solar carport and 7.5-MW battery energy storage system at JFK Airport in New York. The project is a collaboration
Apr 24, 2024 // Plants, Storage, USA, North America, jfk airport, TotalEnergies
200MW Murcia Solar: TotalEnergies & Soltec Forge Ahead
TotalEnergies and Soltec have achieved an important milestone in their solar project in Murcia, Spain by obtaining the construction authorization. The project, called Luminora Solar Dos, will feature 337,174 bifacial photovoltaic module and 5341 solar trackers, which will create 2200 jobs, both direct and indirect, during its construction phase. Environmental protection measures and initiatives such as installation of self-consumption solutions and measures to reduce energy bills for local towns will be implemented. Moreover, studies by TotalEnergies, UAM and CTFC are also being conducted to minimise the impact of solar generation on the environment. What Milestone Has TotalEnergies & Soltec Reached in Murcia? The project will have a power output of 666 MW and will cover an area of 460 hectares. It will generate enough energy for over 100,000 households in Murcia. The solar farm will reduce the carbon footprint of the region by over 400,000 tons of CO2 emissions annually. The project has the approval of the Ministry of Ecological Transition and the Demographic Challenge of the Government of Spain. TotalEnergies and Soltec are investing over €500 million in the project. The project is expected to be completed by June 2021. The solar farm will be connected to the electrical grid by a 220kV connection line. TotalEnergies will be responsible for the operation and maintenance of the solar farm. The project will create new job opportunities in the region and help reduce the electricity bills of local towns.
Nov 7, 2023 // Markets & Finance News, Spain, Europe, Soltec, Solar Project, TotalEnergies