TotalEnergies and ENEOS signed a joint venture agreement to develop onsite B2B solar distributed generation across Asia[1]. The 50/50 Joint Venture between two major players in the field plans to develop 2 GW of decentralized solar capacity over the next five years. This partnership will capitalize on the strengths of both companies. TotalEnergies will leverage its expertise on this market segment and its global footprint and ENEOS will use its expertise in renewables and its strong brand mainly in Japan to lower the costs of decentralized solutions offered to industrial…
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TotalEnergies reports on the progress made in 2021 and expands its ambition towards Carbon Neutrality
In connection with the publication of its Sustainability & Climate – 2022 Progress Report, TotalEnergies is presenting the advances made in its transformation strategy and an update of its climate ambition, in accordance with the commitment made by the Board of directors at its Annual Shareholders’ Meeting of May 25, 2021. The report, the presentation and the webcast of the event are available at totalenergies.com. In 2021, TotalEnergies deployed its transformation strategy In 2020, TotalEnergies unveiled its transformation strategy to become a multi-energy company, as well as its ambition to…
Read MoreTotalEnergies Invests in Sustainable Forestry in Southeast Asia
TotalEnergies announces that it will contribute an amount of $50 million to the “Tropical Asia Forest Fund 2” (TAFF2) managed by New Forests, which aims at investing in certified plantations and native forest conservation projects in various countries across South-East Asia, including Indonesia, Malaysia, Laos, Cambodia, Thailand, and Vietnam. TotalEnergies’ investment will contribute significantly to the fund’s goal of building a diverse portfolio of six to eight forestry assets for a total investment of $300 million. The acquisition, development and sustainable management of these forestry assets will also allow TAFF2…
Read MoreTotalEnergies Launches its Electricity Start-Up Accelerator at STATION F in Paris
To support its growth in electricity and renewables, TotalEnergies is launching TotalEnergies On, an electricity start-up accelerator program at the world’s largest start-up campus, STATION F in Paris. The program’s objective is to identify and support start-ups developing innovative digital solutions for the electricity sector, whether for renewable production, storage, decentralized energy management, trading, sales or electric mobility. Start-ups joining the program will benefit from: All the synergies offered by the unique STATION F, a community of more than 1,000 start-ups, unlike any other campus of its kind. At least…
Read MoreTotalEnergies Begins Producing Sustainable Aviation Fuel At Its Normandy Platform
TotalEnergies’ Normandy platform has successfully started production of sustainable aviation fuel1 (SAF). This new site complements the biojet fuel production capacities of La Mède biorefinery (Bouches-du-Rhône) and the Oudalle plant (Seine-Maritime). This move enables TotalEnergies to meet demand from its customers and respond to French legislation, which calls for aircraft to use at least 1% SAF effective January 1, 2022. TotalEnergies will also produce SAF at its Grandpuits zero-crude platform southeast of Paris starting in 2024. All of the biojet fuel, which is destined for French airports, will be produced…
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