The consortium comprising France’s TotalEnergies and Saudi developer Aljomaih Energy & Water (AEW) has been awarded by the Saudi Power Procurement Company (SPPC) following a tender process, the license to develop, build and operate a 400 megawatts (MW) solar power plant in As Sufun, KSA. The electricity produced will be sold to SPPC through a 25-year Power Purchase Agreement (PPA). The solar plant is expected to connect to the grid in 2027, and will power more than 68,400 homes. The As Sufun project is part of Round 6 of the National…
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TotalEnergies and Veolia Join Forces for the Energy Transition and the Circular Economy
Long-standing partners TotalEnergies and Veolia have signed a memorandum of understanding for further cooperation in several key areas of energy transition and the circular economy, in line with their respective approaches to reduce their greenhouse gases emissions and water footprint. This cooperation will benefit the entire industry through the scaling up of innovative processes and the advancement of research into future-oriented challenges. The two companies will pool their industrial competencies: Veolia will contribute its expertise in water resource management and the resource recovery of new waste streams, and TotalEnergies its…
Read MoreTotalEnergies Selected by the State as Operator of the Country’s Largest Renewable Energy Project
The consortium formed by TotalEnergies and RWE has been selected by the Ministry in charge of Industry and Energy as the winner of the Centre Manche 2 (AO8) offshore wind tender. The consortium will be responsible for designing, developing, building, and operating a 1.5 gigawatt (GW) offshore wind farm off the coast of Normandy. The Largest Renewable Project Ever Developed in France Located more than 40 km off the coast of Normandy, this will be the largest renewable energy project ever developed in France. Once built, it will generate approximately 6 TWh per year and supply…
Read MoreTotalEnergies Expands Its Investments in Sustainable Forestry Operations to Preserve Carbon Sinks
TotalEnergies recently signed an agreement with NativState, an Arkansas-based forest carbon project developer, to conserve forests from land conversion and heavy timber harvesting. The transaction includes 13 Improved Forest Management (IFM) projects located in Arkansas, Louisiana, Mississippi and Tennessee, U.S.A, covering 100,000 hectares (247,000 acres) owned by more than 280 private family forest landowners. The carbon program managed by NativState offers landowners a sustainable income alternative to this region’s common practice of heavy timber harvesting while restoring forest health and improving carbon stocks. This investment will support sustainable forest practices,…
Read MoreTotalEnergies acquires a pipeline of solar and battery projects
TotalEnergies announces the acquisition from Low Carbon, a leading renewable energy company, of a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW. As the solar projects are at an advanced stage of development, the target is that they could be operational by 2028. They will produce more than 350 GWh/year of renewable electricity, equivalent to the electricity consumption of around 100,000 UK households. “We are very pleased with the acquisition of this pipeline from the renewable…
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