Tag: TotalEnergies

TotalEnergies deploys continuous, real-time methane emissions detection equipment on all its operated upstream assets

Stuart Mitchell

As part of its ambition to aim for near-zero methane emissions by 2030, TotalEnergies announces that the Company is going a step further in the monitoring and reduction of its methane emissions with the deployment of continuous, real-time detection equipment at all of its operated Upstream sites. Setting a new standard in monitoring of methane emissions Since 2022, TotalEnergies has been pursuing its ambition to aim for near-zero methane operated emissions in 2030: the Company will meet as soon as 2024 its target to reduce emissions by 50% compared to…

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TotalEnergies Starts Up its Largest Utility-Scale Solar Farms with Batteries in the United States

Stuart Mitchell

TotalEnergies has started commercial operations of Danish Fields and Cottonwood, two utility-scale solar farms with integrated battery storage located in southeast Texas. These new projects, with a combined capacity of 1.2 GW, are part of a portfolio of renewable assets totaling 4 GW in operation or under construction in Texas. Danish Fields is TotalEnergies’ largest solar farm in the United States, with a capacity of 720 MWp and 1.4 million ground-mounted photovoltaic panels. Danish Fields also features a 225 MWh battery storage system supplied by Saft, the battery subsidiary of…

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Air France-KLM ramps up its SAF offtake agreement with TotalEnergies, which will supply up to 1.5 million tons of more sustainable aviation fuel over a 10-year period

Stuart Mitchell

TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035. This agreement marks one the largest SAF purchase contracts signed by Air France-KLM to date. In 2022 and 2023, Air France-KLM was the world’s leading SAF user, representing 17% and 16% of total global production respectively. Accelerating the decarbonization of air transport in Europe This contract builds on a memorandum of understanding (MoU) signed in 2022…

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TotalEnergies joins the first Japanese fund dedicated to the development of low-carbon hydrogen

Stuart Mitchell

TotalEnergies announces its entry as an investor in the “Japan Hydrogen Fund” at its first close, joining several major Japanese companies in this fund dedicated to developing the low-carbon hydrogen value chain. At its launch, the fund is initially endowed with over $400 million, thanks to contributions from prominent Japanese investors: Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corp. for Carbon Neutrality, and the Bank of Fukuoka. The fund will be managed by Advantage Partners, one of Japan’s leading private…

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TotalEnergies Invests in Sustainable Forestry Operations to Preserve Sustainable Carbon Sinks

Stuart Mitchell

TotalEnergies has signed a $100 million agreement with Anew Climate, a North American leader in climate solutions, and Aurora Sustainable Lands, a carbon-stewardship company and forest landowner in the U.S. to deploy their projects aimed at protecting productive forests from heavy timber harvesting, advancing conversion to sustainable management practices, and enhancing their ability to store more carbon from the atmosphere. The investment supports Improved Forest Management (IFM) practices across a portfolio of 20 carbon projects, covering 300,000 hectares in 10 states across the U.S. (Arkansas, Florida, Kentucky, Louisiana, Michigan, Minnesota,…

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