Total
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Gas
TotalEnergies Seals $10B Deal to Develop Fuel Supplies, Power Generation for Iraq
TotalEnergies, the French oil and gas multinational company formerly known as Total, has bagged deals representing a total $10 billion with the government of Iraq to help the resource-rich country address power shortages. The company said on Sept. 6 that following the agreements with the Iraqi Ministries for oil and electricity and the country’s National […]
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Renewables
Total Grabs U.S. Solar and Storage, Joins Bid for Offshore Wind
French energy major Total has signed an agreement to develop 12 utility-scale solar and energy storage projects in the U.S., announcing the deal Jan. 14, the same day the company said it has joined with Spain’s Iberdrola in a bid for one of the world’s largest offshore wind projects. The moves continue Total’s diversification from […]
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News
POWER Digest [November 2020]
UK Expands Offshore Wind Targets, Sets 1 GW Target for Floating Wind. The UK on Oct. 6 raised its target for offshore wind power capacity by 2030 from 30 GW to 40 GW. To help the nation meet its commitments
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Fuel
Big Oil Makes Concerted Push into Power
BP made headlines in early August when it announced it wants to develop about 50 GW of net renewable generating capacity by 2030—a 20-fold increase from the 2.5 GW deployed in 2019—as part of a new
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Energy Storage
Total to Build the Largest Battery-based Energy Storage Project in France
Paris, March 12, 2020 – The development of renewable energy that is intermittent and decentralized requires the security of the electricity grid through flexible electricity storage capacities, especially in the form of batteries. Total launches a battery-based energy storage project in Mardyck, at the Flandres Center, in Dunkirk’s port district. With a storage capacity of […]
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News
POWER Digest [March 2020]
Siemens Buys Out Iberdrola, Readying to Spin Off Gas and Power and SGRE Businesses. Siemens AG will acquire Spanish renewables giant Iberdrola SA’s full 8.1% stake in Siemens Gamesa Renewable Energy (SGRE)
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News
Qatar Will Boost Middle East Solar with 800-MW Project
Qatar’s energy minister on Jan. 19 said the country will build an 800-MW solar power project that will push the country far beyond its announced goal for solar energy. That goal of 100 MW of solar generation was established when Qatar in December 2010 was awarded rights to host the 2022 FIFA World Cup tournament. […]
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Press Releases
Total a Founding Partner of Cathay Smart Energy Fund, Will Invest in New Energy Sector in China
PARIS (March 27, 2018) — Total Energy Ventures (TEV), Hubei High Technology Investment Guiding Fund Management Co., Ltd. (Hubei High Tech), and Cathay Capital have signed a Heads of Agreement to launch the Cathay Smart Energy Fund, an investment fund dedicated to energy sector in China. The fund will focus its investments on emerging technologies […]
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