TOTALENERGIES SE: TotalEnergies Launches Its Largest Solar Power Plant in France
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has launched its
largest photovoltaic solar power plant in France, with a capacity
of 55 megawatts (MW).
The solar farm, located northeast of Gien (Loiret), comprises
126,000 photovoltaic panels spread over 75 hectares. The plant will
produce around 64 GWh per year, equivalent to the annual
electricity consumption of 38,000 people and keep more than 550,000
tons of CO(2) out of the atmosphere during its lifetime.
This photovoltaic project is part of a sustainable, responsible
approach designed to support the development of renewable energies
in France. Hence, this project includes:
-- A participative financing: To involve site neighbors and share the value
created by these projects with the regions, the plant was built with a
participative financing in an amount of EUR2,200,200 to which 212
residents of the Loiret and surrounding departments largely contributed.
-- A plan to protect biodiversity: The Company has put in place the measures
required to preserve biodiversity, including the creation of bat shelters
and the construction of a pond to promote amphibian reproduction.
TotalEnergies teams will operate and maintain the plant locally
throughout its 30-year operating lifespan.
"TotalEnergies once again confirms its commitment to the
development of renewable energies in partnership with the regions.
I would like to thank all of the project stakeholders who helped
develop our largest solar farm in France. This commissioning
contributes to France's energy transition and is a further step
towards our goal of reaching 4 GW of renewable generation capacity
by 2025. It reinforces our commitment to be a major player in
renewable energy in France" said Thierry Muller, CEO of
TotalEnergies Renewables France.
Furthermore, in mid-November, TotalEnergies was awarded 51
megawatts (MW) of solar projects in the 10th round of the CRE 4
(French Energy Regulatory Commission) tender. The eight winning
projects will be commissioned by the end of 2023 and then operated
and maintained by TotalEnergies' teams, whose local workforce is
expected to grow. In the last ten bidding periods, TotalEnergies
has won 707 MW of solar projects, placing it second among all
developers in France.
TotalEnergies and renewable 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 September 2021, TotalEnergies' gross
renewable electricity generation capacity is 10 GW. TotalEnergies
will continue to expand this business to reach 35 GW of gross
production capacity from renewable sources 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.
TotalEnergies is a global multi-energy company that produces and
markets energies: oil and biofuels, natural gas and green gases,
renewables and electricity. Our 105,000 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 terms "TotalEnergies", "TotalEnergies company" or "Company"
in this document are used to designate TotalEnergies SE and the
consolidated entities that are directly or indirectly controlled by
TotalEnergies SE. Likewise, the words "we", "us" and "our" may also
be used to refer to these entities or to their employees. The
entities in which TotalEnergies SE directly or indirectly owns a
shareholding are separate legal entities. TotalEnergies SE has no
liability for the acts or omissions of these entities. This
document may contain forward-looking information and statements
that are based on a number of economic data and assumptions made in
a given economic, competitive and regulatory environment. They may
prove to be inaccurate in the future and are subject to a number of
risk factors. Neither TotalEnergies SE nor any of its subsidiaries
assumes any obligation to update publicly any forward-looking
information or statement, objectives or trends contained in this
document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies' financial results or activities is provided in the
most recent Registration Document, the French-language version of
which is filed by TotalEnergies SE with the French securities
regulator Autorité des Marchés Financiers (AMF), and in the Form
20-F filed with the United States Securities and Exchange
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TotalEnergies Renewables France Contacts
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SOURCE: TotalEnergies SE
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