REG-TotalEnergies SE Qatar: TotalEnergies Announces the Startup of Al Kharsaah (800 MWp), One of the Largest Solar Power Plants in the Middle East

TotalEnergies SEAnnouncement

18/10/2022 17:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20221018:nBwbRZW9qa&default-theme=true


Qatar: TotalEnergies Announces the Startup of Al Kharsaah (800 MWp), One of
the Largest Solar Power Plants in the Middle East

 

The Al Kharsaah solar power plant developed by TotalEnergies (Paris:TTE)
(LSE:TTE) (NYSE:TTE) and its partners QatarEnergy, and Marubeni was
inaugurated today by His Highness Sheikh Tamim bin Hamad Al Thani.

The ceremony marked the completion of the construction works and the startup
of the plant, which is now connected to the national grid.

Located 80 km West of Doha, the Al Kharsaah plant is the first large scale
photovoltaic plant in Qatar with 800 MWp installed solar capacity. The plant
was constructed on a 1000-hectare terrain, equivalent to approximately 1400
football pitches, and integrates 2 million high-efficiency bifacial modules
mounted on single-axis trackers. These panels, equipped with photovoltaic
cells on the front and back, capture the sun's direct rays on one side, and
capture the rays reflected on the ground thanks to the other side, thus
optimizing electricity production.

Al Kharsaah can supply 10% of the country's peak power consumption and will
avoid 26 million tons of CO2 emissions during its lifetime.

“After our recent entry in the giant LNG projects NFE and NFS alongside
QatarEnergy, we are proud to announce today the start-up of the Al Kharsaah
solar plant. This giant project, which contributed to the sustainability
roadmap of Qatar, demonstrates once again TotalEnergies' ability to support
producing countries in their energy transition by combining natural gas
production and solar energy to meet the growing demand for electricity”,
said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies.
“This is another milestone in our long-standing and trustful relationship
with QatarEnergy, also bringing us closer to our goal of 35 GW of production
capacity by 2025”.

The power plant has been developed and is operated by Siraj 1, which is
jointly owned 40% by the Consortium formed by TotalEnergies (49%) and Marubeni
(51%) and 60% by Siraj Energy (100% QatarEnergy). The project includes a
25-year Power Purchase Agreement between Siraj 1 and the power grid operator
Kahramaa.

The inauguration of the Al Kharsaah plant follows the recent selection of
TotalEnergies as QatarEnergy's first international partner for the North Field
East (NFE) and North Field South (NFS) liquefied natural gas (LNG) projects.
Participation in these projects will enable TotalEnergies to add 3.5 Mt/year
of production to its global LNG portfolio by 2028, in line with the Company's
goal of increasing the share of natural gas in its sales mix to 50% by 2030.

The inauguration also follows QatarEnergy's recent announcement of a new
solarization project for the Ras Laffan and Mesaieed industrial cities, with
the support of TotalEnergies. With 900 MWp of installed capacity, this project
will be a second major milestone in QatarEnergy's strategy to reduce the
carbon footprint of its facilities by 2030 and to develop 5 GW of renewable
power generation capacity by 2035.

***

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.

TotalEnergies 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&esheet=52947180&newsitemid=20221018005944&lan=en-US&anchor=%40TotalEnergiesPR&index=1&md5=0de2f997c5f336911e1b1ddbcf805734)

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)

Twitter: @TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergies&esheet=52947180&newsitemid=20221018005944&lan=en-US&anchor=%40TotalEnergies&index=2&md5=0987c04bca313c3fbf1d329d6a54a597)
LinkedIn: TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftotalenergies%2F&esheet=52947180&newsitemid=20221018005944&lan=en-US&anchor=TotalEnergies&index=3&md5=06372faf764516931ab8de8a675da234)
Facebook: TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FTotalEnergiesFrance%2F&esheet=52947180&newsitemid=20221018005944&lan=en-US&anchor=TotalEnergies&index=4&md5=07bee109417b744d9852ea98f98ec209)
Instagram: TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Ftotalenergies%2F&esheet=52947180&newsitemid=20221018005944&lan=en-US&anchor=TotalEnergies&index=5&md5=c514e2042b5e24d647dbd852f158ec5c)

Cautionary Note

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.
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 Universal 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 Commission (SEC).



View source version on businesswire.com:
https://www.businesswire.com/news/home/20221018005944/en/
(https://www.businesswire.com/news/home/20221018005944/en/)

TOTALENERGIES SE


Copyright Business Wire 2022