In Short : TotalEnergies plans to sell up to a 6% stake in Adani Green Energy as part of its portfolio rebalancing strategy. The proposed sale aims to unlock value while maintaining the company’s long-term commitment to India’s clean energy sector. Adani Green continues expanding its renewable portfolio, and the strategic adjustment by TotalEnergies reflects […]
In Short : TotalEnergies has sold a stake in its French renewable energy portfolio for $155 million as part of its strategic portfolio management. The move allows the company to optimize investments and reallocate capital toward growth opportunities. The transaction highlights TotalEnergies’ commitment to expanding its renewable energy presence while enhancing financial flexibility and supporting […]
In Short : TotalEnergies, in partnership with RWE, has won a €4.5 billion contract to develop France’s largest offshore wind farm, Centre Manche 2, off Normandy. The 1.5 GW project will generate six terawatt-hours annually, powering around one million homes. Scheduled to start production in 2033, the project supports France’s 2050 offshore wind goals, boosts […]
In Short : TotalEnergies has reaffirmed its commitment to supporting Adani Green Energy’s expansion in India. The French energy giant, which has invested around \$5 billion in India’s renewable sector, recently formed a joint venture with Adani Green to develop a 1,150 MW solar portfolio in Gujarat. TotalEnergies aims to grow its renewable capacity to […]
In Short : Iraq has partnered with TotalEnergies and QatarEnergy to build a 1.25 GW solar power project in Basra. The project will deploy two million bifacial panels in five 250 MW phases from 2025 to 2027. Once completed, it will provide clean electricity to around 350,000 homes, boosting Iraq’s energy independence and reducing its […]
In Short : RWE and TotalEnergies have entered into a long-term agreement for the supply of green hydrogen. The deal aims to accelerate the transition to clean energy by leveraging green hydrogen as a sustainable fuel source. This collaboration underscores both companies’ commitment to reducing carbon emissions and advancing the global green hydrogen economy, supporting […]
In Short : TotalEnergies has announced plans to acquire Germany-based renewable energy company VSB Group for €1.57 billion. This acquisition strengthens TotalEnergies’ position in the renewable energy market, adding significant wind and solar assets to its portfolio. The move aligns with the company’s strategy to expand its clean energy footprint and contribute to global energy […]
In Short : Adani Green Energy has clarified that a recent statement by TotalEnergies regarding their partnership does not have any material impact on its operations. The company emphasized that its business continues as usual, with no significant changes to its projects or financial outlook. Adani Green remains committed to its renewable energy initiatives and […]
In Short : TotalEnergies is set to invest $444 million in a new joint venture with Adani Green Energy. This significant investment will enhance their collaboration in renewable energy, focusing on expanding solar and wind energy projects in India. The partnership aims to accelerate the development of clean energy infrastructure, contributing to India’s ambitious renewable […]
Paris : TotalEnergies is pleased to announce it has reached over 1.5 GW of signed renewable Power Purchase Agreements (PPAs) with over 600 industrial and commercial customers worldwide, for self-consumption on their sites and injection into the grid. Of this 1.5 GW, 1.1 GW is already in operation, producing 1.5 TWh of electricity a year, […]