SAN DIEGO : Sempra (NYSE: SRE) (BMV: SRE) and TotalEnergies today announced that Sempra Infrastructure, a subsidiary of Sempra, and TotalEnergies are expanding their North American strategic alliance through two memoranda of understanding (MOU): one for Sempra Infrastructure’s proposed Vista Pacífico LNG project in Mexico; and a second MOU for a proposed offshore wind project […]
TotalEnergies sued for alleged greenwashing – EQ Mag Pro
The French energy group has been targeted for its intended investments into fossil fuels, despite its carbon neutral by 2050 commitment. Oil and gas major TotalEnergies has been hit with a greenwashing lawsuit, filed by climate activists who say that the group’s rebranding campaign is misleading to consumers given its continued investment in fossil fuels, […]
France’s TotalEnergies wins 3 GW offshore wind deal on New Jersey coast – EQ Mag Pro
PARIS : French oil major TotalEnergies (TTEF.PA) has won a bid to build three gigawatts (GW) of offshore wind power capacity on the New Jersey coast in the United States. The company said the $795 million deal is for the 341 sq km New York Bight concession, which is located up to 87 km from […]
TotalEnergies to buy SunPower’s commercial and industrial business for $250 million – EQ Mag Pro
European oil major TotalEnergies said Thursday that it would acquire the commercial business of solar tech company SunPower Corp., expanding further into the renewables business. In a statement, the Paris company formerly known as Total, said the $250 million deal for SunPower’s commercial and industrial solutions business would help it build out its distributed generation […]
TotalEnergies joins Masdar and Siemens Energy in initiative to drive green hydrogen development and produce sustainable aviation fuel’ – EQ Mag Pro
TotalEnergies, Masdar and Siemens Energy sign collaboration agreement at Abu Dhabi Sustainability Week 2022 to act as co-developers on green hydrogen project Project aims to establish demonstrator plant at Masdar City for green hydrogen production to convert carbon dioxide into sustainable aviation fuel Abu Dhabi, United Arab Emirates: Masdar, one of the world’s leading renewable […]
TotalEnergies, Amarenco Secures 58MW in French Rooftop Solar Tender – EQ Mag Pro
The joint venture won a total of 194 projects. TotalEnergies aims to acquire 35GW gross RE capacity by 2025. French energy giant TotalEnergies SE and its Irish joint venture (JV) partner Amarenco Group have won 58MW of projects in France’s latest tender for commercial and industrial (C&I) rooftop solar systems. According to TotalEnergies, a sum […]
The largest battery-based energy storage facility in France launches with power capacity of 61 MW and a total storage capacity of 61 MWh – EQ Mag Pro
PARIS : TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced the launch of what’s considered France’s largest battery-based energy storage facility in response to the grid stabilization needs. Located in Dunkirk, northern France, and designed and assembled by the company’s battery affiliate company Saft, the facility is made up of 27 […]
TotalEnergies: will not do big deals in renewables sector, plays down Engie bid talk – EQ Mag Pro
PARIS : French company TotalEnergies (TTEF.PA) will not make any big acquisition in the renewables industry due to the sector’s high valuations, said company head Patrick Pouyanne, who also played down talk of interest in Engie (ENGIE.PA). Asked at an investor day event about the Engie bid chatter, Pouyanne replied: “I am not sure it […]
TotalEnergies Says It’s ‘Too Early’ to Consider Renewables Spinoff – EQ Mag Pro
TotalEnergies SE Chief Executive Officer Patrick Pouyanne said it’s “too early” for the French oil major to consider spinning off its renewable-energy business because that segment may triple in value by 2025. That segment should surge in value because the company plans to almost quadruple its gross installed capacity to 35 gigawatts by then, he […]
Scotland: Green Investment Group, TotalEnergies and RIDG partner with Repsol Sinopec and Uniper to develop large-scale green hydrogen facility in Orkney
Paris: Offshore Wind Power Limited (OWPL), the consortium formed by Macquarie’s Green Investment Group, TotalEnergies and Scottish developer Renewable Infrastructure Development Group (RIDG) has announced it is studying the use of offshore wind to power the production of green hydrogen on an industrial scale on the island of Flotta in Orkney, Scotland. The OWPL consortium […]