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TotalEnergies Expands Caribbean Renewables, Divests Half Stake of Portuguese Portfolio
TotalEnergies has taken a decisive step in the Caribbean’s clean-energy shift while reshuffling its European assets. The French major has purchased a 50 % interest in the solar, wind and battery projects held by AES Dominicana Renewables Energy, cementing a broader LNG-to-renewables partnership with US-based AES.
The newly acquired portfolio tops 1 GW of contracted capacity, with 410 MW already operating or under construction across the Dominican Republic and Puerto Rico. That tally folds in TotalEnergies’ earlier 30 % slice of AES’ 485-MW solar-plus-storage pipeline on Puerto Rico, scheduled to roll out 200 MW of PV and 285 MW/1,140 MWh of batteries over the next two years. Once everything is online, the combined 1.5 GW platform should deliver roughly 2.5 TWh of electricity annually—enough to power more than 800,000 Caribbean homes.
For TotalEnergies, the move advances a “multi-energy” playbook that links its dominant regional LNG supply with fast-growing renewable demand. “This partnership enlarges our footprint in a market where we already fuel power generation,” noted Stéphane Michel, president of gas, renewables and power. AES executive Juan Ignacio Rubiolo added that cash from the sale will be ploughed back into AES Dominicana’s own green-energy build-out.
At the same time, TotalEnergies has lightened its balance sheet in Europe. The company closed the sale of a 50 % stake in a 604 MW mix of wind, solar and small-hydro assets in Portugal for EUR 178.5 million. The buyers—MM Capital Partners 2, Daiwa Energy & Infrastructure and Mizuho Leasing—value the portfolio at EUR 550 million. Average asset age sits at 16 years, with regulated tariffs still in place; once those expire, TotalEnergies will offtake and market the power while continuing to operate the plants.
Olivier Jouny, senior vice-president for renewables, called the Portuguese divestment “a textbook example” of capital recycling aimed at boosting returns across the group’s integrated electricity business. Together, the two transactions illustrate how the French energy giant is pivoting—selectively buying where growth is steep and off-loading mature capacity to free up cash for its next wave of investments.
Jul 2, 2025 // Markets & Finance News, Portugal, Europe, AES, Caribbean, TotalEnergies
TotalEnergies lands 500MW Libyan solar PV project alongside US$ 2bn oil and also gas financial investments
the signed contracts is a Memorandum of Understanding (MoU) between TotalEnergies and the General Electricity Company of Libya for the growth a 500MW solar park that
Nov 23, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, oil and gas, Memorandum of Understanding, TotalEnergies, Libya
TotalEnergies to acquire SunPower's CIS solar ops for USD 250m
TotalEnergies said in a statement that this acquisition will certainly allow it to prolong its distributed generation (DG) business footprint to the United States and to establish more than 100 MW of additional ability per year, while also developing synergies with its large-scale solar energy portfolio in the country. The French group's existing DG service includes 500 MW of properties in operation worldwide.
"With this purchase, TotalEnergies is better spending to expand its dispersed generation activity in the united state and support its B2B consumers in satisfying their lasting advancement objectives. It is a new turning point in our eco-friendly development in the nation, where we are targeting 4 gigawatts of solar capacity by 2025," said Vincent Stoquart, senior vice president Renewables for TotalEnergies.
At the same time, SunPower will certainly get added sources to sustain its strategy to concentrate on the expanding residential market, Stoquart added.
The offer worth consists of USD 60 countless earn-out, according to the announcement. The deal is set up to close early in the second quarter as well as will not cause a decrease of TotalEnergies' 50.83% risk in SunPower, the purchaser stated.
Feb 10, 2022 // Markets & Finance News, SunPower, TotalEnergies, Vincent Stoquart
Entech Secures 159-MWp Solar Portfolio from TotalEnergies
has acquired a portfolio of ground-mounted solar projects in France from TotalEnergies, totaling 159 MWp in capacity. This acquisition marks a significant expansion
Sep 23, 2025 // Plants, Large-Scale, Commercial, entech, PV Power Plant, TotalEnergies
TotalEnergies ENEOS to acquire rooftop solar arrays in Vietnam
TotalEnergies ENEOS Renewables Distributed Generation Asia Pte Ltd said today that the photovoltaic (PV) arrays being acquired were mounted atop 2 manufacturing facilities, one for Asia Fish Oil (AFO) and one for IDI International Development as well as Investment JSC, in southern Dong Thap Province.
These solar installments are capable of generating around 4.4 GWh of electrical power annually in complete, adequate to offset greater than 3,500 tonnes of co2 (CO2) emissions yearly.
TotalEnergies ENEOS as well as the subsidiary of the Sao Mai Group have likewise signed a memorandum of understanding (MoU) to additional establish renewable resource projects, beginning with an added roof solar PV system for the Vietnamese group's manufacturing units.
Jun 6, 2023 // Rooftop PV, Asia, Vietnam, solar arrays, TotalEnergies Eneos
TotalEnergies, Veolia to construct solar site in Oman
TotalEnergies and also Veolia have signed an arrangement to begin the construction of a 17MWp solar project that will certainly supply power for a desalination plant in the city of Sur, Oman.
The solar project is expected to provide 30GWh of green electrical power, or more than a 3rd of the desalination plant's daily consumption, enabling it to avoid near to 300,000 tonnes of CO2 emissions.
The plant will certainly be equipped with more than 32,000 high-efficiency solar panels and also will certainly make use of an East-West tracker system to raise energy production.
It will certainly cover a location of 130,000 square metres, equivalent to roughly 18 football pitches.
The nuclear power plant will certainly be located on the site of the Sharqiyah Desalination plant providing alcohol consumption water to more than 600,000 inhabitants of the Sharqiyah region.
The relocation is in line with Oman's National Energy Strategy to transform 30% of its electricity usage to renewable resources by 2030.
Veolia president Estelle Brachlianoff stated: "At Veolia, we are committed to bring the ecological change in the water sector for our clients as well as for our very own assets.
" We more than happy to release the building of the solar plant on our desalination unit in the city of Sur, to be able to power it with the green electricity while dramatically decreasing its carbon footprint.
" As one of the principals of Oman's water field, Veolia is totally committed to sustaining Oman's Vision 2040 sustainability objectives for the Sultanate's neighborhoods and also sectors and also our solar project with TotalEnergies goes in this instructions."
TotalEnergies senior vice head of state for renewables Vincent Stoquart stated: "This project remains in line with our strategy to establish renewable energy in the center East and also offer our clients with clean, trustworthy and also budget friendly energy remedies.
" We are committed to aiding Veolia decarbonize its procedures, improving our solid record of deploying renewable resource options at highly technical as well as complex sites.
" As a global multi-energy firm, our goal is to contribute to the advancement of renewables in Oman as well as its area."
Veolia is releasing services to enhance the energy efficiency of its desalination activities, including its Sharqiyah Desalination plant.
The Group, in collaboration with TotalEnergies, has actually chosen to take an additional step in the direction of green improvement by using renewable energy to power the plant instead of fossil fuels.
Jul 27, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Oman, TotalEnergies, Veolia
TotalEnergies Pursues 320-MW Solar-Battery Project in NSW
TotalEnergies SE has applied for environmental approval for a significant renewable energy project in New South Wales, Australia. The proposed project aims to develop a solar-battery park with a capacity of up to 320 megawatts, emphasizing the company's commitment to expanding its clean energy portfolio.The initiative aligns with Australia’s growing push for sustainable energy solutions and reflects TotalEnergies' strategy to enhance its presence in the renewable sector. If approved, the project could contribute substantially to local energy needs and support the transition to greener energy sources in the region.
How will TotalEnergies' solar-battery park impact New South Wales' energy landscape?
Increased Renewable Capacity: The proposed 320 megawatt solar-battery park will significantly enhance New South Wales' renewable energy generation capabilities, adding to the state’s existing clean energy resources and moving closer to its renewable energy targets.
Enhanced Grid Stability: By incorporating battery storage, the solar park can store excess energy produced during peak sunlight hours and release it during demand surges or low production periods, thereby stabilizing the grid and reducing reliance on fossil fuel power plants.
Job Creation: The construction and operation of the solar-battery park are expected to create numerous jobs, both in the short term through construction and in the long term in operations and maintenance, contributing positively to the local economy.
Reduction in Greenhouse Gas Emissions: The project will help mitigate harmful greenhouse gas emissions by displacing fossil fuel-based generation, supporting New South Wales' climate goals and commitments to lower its carbon footprint.
Encouragement of Local Investments: TotalEnergies’ investment in the solar-battery park may stimulate further investments in renewable technology and infrastructure from both local and international companies, fostering innovation in the region’s energy sector.
Promotion of Energy Independence: By enhancing local renewable energy generation, New South Wales could decrease its dependence on imported fossil fuels, thereby contributing to energy security and stability within the region.
Support for Electric Vehicle (EV) Growth: The increased availability of clean energy can create opportunities for the development of EV charging infrastructure, supporting the transition to electric vehicles and reducing transportation emissions.
Alignment with Policy Initiatives: The project complements the New South Wales government's strategic plans aimed at increasing the renewable energy share in the state’s energy mix and fortifying policies around energy transition.
Community Engagement: As part of the project’s approval process, TotalEnergies will likely engage with local communities to address concerns, inform about potential benefits, and involve residents in decision-making regarding the park, promoting community buy-in and support.
Opportunity for Technological Advancements: This solar-battery park can serve as a testing ground for new technologies in solar power generation and energy storage systems, helping to accelerate innovations that can be implemented elsewhere.
Impact on Energy Prices: With an increase in renewable energy supply, the solar-battery park may lead to lower electricity prices for consumers in the long term by enhancing competition and pushing down reliance on higher-cost energy sources.
Feb 4, 2025 // Storage, new south wales, TotalEnergies
TotalEnergies to ask ACWA Power to sign up with 1-GW Iraqi solar project
TotalEnergies said so on Wednesday as it announced an agreement with the Iraqi government on the shareholding structure for the approximately USD-10-billion (EUR 9.18 bn) Gas Growth Integrated Project (GGIP). Under the terms, TotalEnergies will certainly hold 45%, Basrah Oil Company will certainly take 30% and also QatarEnergy will certainly own 25% of GGIP.
The French group did not offer new information about the proposed solar project or concerning ACWA Power's potential participation in it.
As announced in September 2021, TotalEnergies means to develop the gigawatt-scale solar park near the Port of Basra in the city of Basra (Basrah), to provide power to the regional grid.
Apr 7, 2023 // Plants, Large-Scale, Commercial, ACWA Power, PV Power Plant, TotalEnergies, Iraqi solar project
TotalEnergies to install solar + storage project at Colorado cement manufacturing facility
Atl Martinez, VP of Procurement for Holcim North America. "This campaign with TotalEnergies shows a continuous determination to transform our operations as well as lower
Mar 22, 2023 // Plants, USA, North America, PV Power Plant, TotalEnergies
TotalEnergies Secures Approval for 320-MW Solar Project
TotalEnergies Renewables Australia Pty Ltd has received conditional approval from New South Wales' Independent Planning Commission (IPC) for a 320-MW solar park equipped with a battery energy storage system (BESS). The project, located 22 km south of Tamworth, addresses community concerns raised during the initial approval process, receiving over 50 public objections.Conditions set by the IPC include vegetation screening, soil surveys, dust mitigation measures, and a comprehensive management plan. The solar park is expected to generate enough electricity to power approximately 122,200 homes annually once operational, enhancing the region's renewable energy capabilities.
What conditions did the IPC impose on TotalEnergies' new solar park approval?
Here are the conditions imposed by the Independent Planning Commission (IPC) on TotalEnergies' new solar park approval, presented in a bulleted list:
Vegetation Screening: Implementation of effective vegetation screening to minimize visual impacts on neighboring properties, ensuring that the solar park integrates harmoniously with the surrounding landscape.
Soil Surveys: Conducting detailed soil surveys prior to construction to assess soil quality and stability, which is essential to avoiding potential land degradation and ensuring the project's environmental sustainability.
Dust Mitigation Measures: Development of a robust dust management plan to control airborne dust particles during the construction phase, protecting local air quality and minimizing nuisance to nearby residents.
Comprehensive Management Plan: Creating a detailed management plan that addresses operational and environmental considerations throughout the lifecycle of the solar park, including maintenance protocols and monitoring systems.
Community Engagement: Commitment to ongoing community engagement initiatives to keep local stakeholders informed and involved in the project's development and operation, helping to foster transparency and address any emerging concerns.
Biodiversity Protection Measures: Implementation of measures to protect local biodiversity and habitats, ensuring that any potential impacts on wildlife are carefully managed and reduced.
Water Management Strategies: Establishing water management strategies to prevent sediment runoff and maintain water quality in nearby waterways, thereby protecting local ecosystems.
Emergency Response Planning: Development of an emergency response plan to address any potential incidents during construction and operation, ensuring preparedness and safety for workers and the community.
These conditions reflect the IPC's commitment to addressing the concerns raised by the community while promoting sustainable development in the region.
Nov 11, 2024 // Plants, Large-Scale, Commercial, PV Power Plant, TotalEnergies
TotalEnergies Starts Construction on Hybrid Solar-Storage Site in S Africa
TotalEnergies has begun construction on a 216-MW solar-battery energy storage system (BESS) in South Africa's Northern Cape province. The hybrid site is expected to produce more than 400 GWh of clean electricity annually and has a power purchase agreement in place with local utility Eskom. The project was developed by a consortium of TotalEnergies, Hydra Storage Holding and Reatile Renewables, and is scheduled to become operational in 2025. The hybrid design will allow for the continuous supply of green electricity beyond the hours of sunshine.
How Will TotalEnergies' 216-MW BESS Impact SA?
The BESS will be enough to power more than 140,000 South African homes and businesses.
The 216-MW BESS will avoid the emission of over 130,000 tonnes of CO2 annually.
This project will act as a bridge to South Africa's renewable energy transition.
The combination of the solar power and battery storage will provide a reliable, clean source of energy around the clock.
The project will help drive job creation in the area, with hundreds of jobs during its construction and operation.
It will help South Africa move closer to its goal of deriving energy from 90% renewable sources by 2030.
The project will also help provide a much-needed boost to the region's economy, as well as the wider South African economy.
Dec 15, 2023 // Plants, Storage, TotalEnergies, S Africa
TotalEnergies hits 500 MW of C&I solar installments worldwide
industrial (C&I) customers to produce competitive solar energy on place.
TotalEnergies looks after the growth, funding, construction and procedure of the varieties,
Oct 25, 2022 // Plants, Large-Scale, Commercial, TotalEnergies, Matthieu Langeron
TotalEnergies to acquire 25% risk in Adani New Industries in green hydrogen push
contract between TotalEnergies as well as Adani Enterprises will see the French energy major acquire a 25% passion in Adani New Industries Limited (ANIL), which will
Jun 14, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, green hydrogen, acquisition, adani group, oil and gas majors, TotalEnergies, Adani New Industries
TotalEnergies to mount 7.4 MWp of DG solar arrays in Iberia
TotalEnergies will certainly make use of greater than 14,000 photovoltaic (PV) modules for this project, the company announced on Thursday.
The solar energy systems will be installed at two sites in Spain-- Navarra and also Seville-- and also one in Portugal's Santarem. These will certainly be TotalEnergies' very first onsite DG solar assets for a commercial and industrial (C&I) customer in the region.
Thanks to the new panels, Lhoist's centers will have the ability to satisfy around 30% of their requirements for power and also offset some 3,600 tonnes of carbon dioxide (CO2) discharges annually.
The systems will certainly benefit from cleaning robots set up on the PV panels' surface to limit the staining affectation and also optimize efficiency.
May 20, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, iberia, solar arrays, TotalEnergies
TotalEnergies to begin service 1-GW solar project in Iraq
talked about by Iraq's electrical energy minister Ziad Ali Fadhil as well as TotalEnergies' head of renewable resource in the nation Khaled Al-Abdali at a meeting on
Jun 7, 2023 // Plants, Large-Scale, Commercial, Asia, Iraq, Solar Project, TotalEnergies










