Tag: TotalEnergies

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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TotalEnergies and SSE join forces and create Source, a new major player in EV charging in the UK & Ireland

Stuart Mitchell

TotalEnergies and SSE have signed a binding agreement to create a joint venture to establish a new major player in EV charging infrastructure in the UK and Ireland, under the brand “Source”. The new business will deploy in both countries up to 3000 high power charge points, meeting demand from EV and fleet owners to provide fast and reliable charging. Establishing a needs-based fast charging network across the UK & Ireland Within the next 5 years, Source will deploy up to 3000 high power charge points (of 150 kW and…

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TotalEnergies’ Latest Pangea Supercomputer Tackles the Energy Transition

Stuart Mitchell

TotalEnergies has launched the new generation of its Pangea 4 supercomputer at the Jean Féger Scientific and Technical Center at Pau in southwest France. Initially developed to support TotalEnergies’ exploration and production activities, the new version of Pangea is available for use across the Company and is at the service of its energy transition. Supporting TotalEnergies’ energy transition with scientific supercomputing Pangea 4 responds to the needs of TotalEnergies’ new activities, with: windflow simulations for the design and siting of wind farms; simulations of reservoir storage capacity in connection with…

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A first agreement signed between TotalEnergies and Air Products for the delivery of Green Hydrogen

Stuart Mitchell

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tons per year of green hydrogen to decarbonize TotalEnergies’ European refineries. Under the agreement, Air Products will deliver at TotalEnergies’ Northern European refineries’ doorstep, green hydrogen from Air Products’ global supply network. This hydrogen will avoid around 700,000 tons of CO2 each year. The contract awarded to Air Products is a first…

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