TotalEnergies, in collaboration with its partners, has commenced the construction of a substantial hybrid renewable energy project in South Africa, combining a 216 MW solar plant with a 500 MWh battery storage system. Located in the Northern Cape province, this innovative project is set to supply dispatchable renewable electricity to the South African national grid […]
TotalEnergies and Corio Generation have entered into an agreement to jointly build the 2GW Formosa 3 offshore wind project in Taiwan. In the joint venture (JV) to be formed, Corio Generation, which is a Green Investment Group (GIG) portfolio company, will continue as the major shareholder as well as the lead developer, with 50% plus […]
TotalEnergies has agreed to acquire the commercial and industrial solutions (CIS) business of SunPower Corp., a California-based distributed generation storage and energy services provider, for up to $250 million. The consideration includes an earn-out of $60 million, which will be contingent on regulatory evolution. TotalEnergies holds a majority stake of 50.83% in SunPower, which is […]