SAN
FRANCISCO and HOUSTON, Oct. 27,
2022 /PRNewswire/ -- TotalEnergies (NYSE: TTE)
announced today it reached the milestone of 500 MW of onsite B2B
solar distributed generation projects in operation. More than 300
sites of its industrial and commercial customers have been equipped
with solar panels in Asia, the
Middle East, Europe and the
United States.
TotalEnergies sells to its B2B customers renewable electricity
produced directly on their sites through long-term onsite Power
Purchase Agreements (PPAs). It develops, finances, builds and
operates the solar installations on roofs and carports, as well as
on available industrial land.
These solar solutions enable companies to produce clean energy
directly at their sites – benefitting from significant savings on
their current electricity costs and reducing their carbon
footprints.
"We are delighted to have reached 500 MW of onsite B2B
distributed solar capacity worldwide. Thanks to our expertise in
this market segment, we provide concrete and competitive solutions
to our B2B customers to help them reach their sustainability goals
and reduce their energy costs. With a footprint spanning 30
countries worldwide in the Distributed Generation business, we
expect to speed up our growth and expand our portfolio in operation
to one gigawatt by 2023," said Matthieu
Langeron, VP Solar Distributed Generation at
TotalEnergies.
TotalEnergies is targeting 4 GW of solar capacity by 2025 in the
U.S. and has reinforced its global commitment to renewable energy
through its acquisition of SunPower Corp.'s Commercial &
Industrial Solutions (CIS) business earlier this year.
TotalEnergies supports leading B2B customers in the U.S. on
their journey to carbon neutrality, such as the Delaware River Port
Authority.
"We believe that we are not only adding value to our operations
with our spectacular solar project but also creating value for the
community. This is something we were able to accomplish in
partnership with TotalEnergies," said John T. Hanson, Delaware River Port Authority
CEO and Port Authority Transit Corporation President.
TotalEnergies and renewables electricity
As part of its ambition to get to net zero by 2050,
TotalEnergies is building a portfolio of activities in renewables
and electricity. At the end of June
2022, TotalEnergies' gross renewable electricity generation
installed capacity is close to 12 GW. TotalEnergies will continue
to expand this business to reach 35 GW of gross production capacity
from renewable sources and storage by 2025, and then 100 GW by 2030
with the objective of being among the world's top 5 producers of
electricity from wind and solar energy.
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and
markets energies: oil and biofuels, natural gas and green gases,
renewables and electricity. Our more than 100,000 employees are
committed to energy that is ever more affordable, cleaner, more
reliable and accessible to as many people as possible. Active in
more than 130 countries, TotalEnergies puts sustainable development
in all its dimensions at the heart of its projects and operations
to contribute to the well-being of people.
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the Form 20-F filed with the United States Securities and Exchange
Commission (SEC).
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SOURCE TotalEnergies