REG-TotalEnergies SE Onsite Solar Generation: TotalEnergies Surpasses 1.5 GW of PPAs with 600 B2B Customers Worldwide

TotalEnergies SEAnnouncement

18/03/2024 08:00

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Onsite Solar Generation: TotalEnergies Surpasses 1.5 GW of PPAs with 600 B2B
Customers Worldwide

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) 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, while 400 MW will be
commissioned by year-end.

By solarizing its customers’ sites, TotalEnergies will support the energy
transition of various industries, including agrifood, automotive, cement,
digital, manufacturing, metals, mining, retail, and warehousing.

A unique footprint across all continents

Operating to the highest industry standards and in close proximity to its
customers, TotalEnergies’ distributed generation solutions are present in
over 30 countries across all continents, positioning TotalEnergies as one of
the distributed generation players with the widest coverage.

Examples of TotalEnergies’ onsite renewable generation projects include:


 * In the United States, a long-term contract was signed for a solar carport
project (12.3 MWp) coupled with battery storage (7.4 MW/24.6 MWh) to supply
power to JFK Airport serving New York City.


 * In Belgium, the construction of a 31 MWp floating photovoltaic (PV) plant for 
Holcim Belgium
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Ffr%2Fmedias%2Factualite%2Fcommuniques-presse%2FDecarbonation_de_lindustrie_lourde_TotalEnergies_et_Holcim_sassocient_pour_developper_la_premiere_cimenterie_zero_carbone&esheet=53911119&newsitemid=20240318650708&lan=en-US&anchor=Holcim+Belgium&index=1&md5=50113ca9f5041c81aef94584ae73a833)

to supply decarbonized electricity to the Obourg cement plant.


 * In Oman, the launch of a 17 MWp single-axis tracker ground-mounted solar
facility for 
Veolia
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fsolar-me.totalenergies.com%2Fen%2Fveolia-and-totalenergies-power-omans-largest-solar-farm-desalination-plant&esheet=53911119&newsitemid=20240318650708&lan=en-US&anchor=Veolia&index=2&md5=4060e25786d91215a8a9649d22a948da)

to power the Sharqiyah Desalination Plant.


 * In Indonesia, the construction of a 43 MWp rooftop solar system, the largest
in the country, to power a 
Gunung Raja Paksi (GRP)
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fsolar.totalenergies.asia%2Ftotalenergies-eneos-and-gunung-raja-paksi-grp-sign-power-contract-for-worlds-largest-rooftop-solar-system%2F&esheet=53911119&newsitemid=20240318650708&lan=en-US&anchor=Gunung+Raja+Paksi+%28GRP%29&index=3&md5=d608fa90817d4a7b9befa8ea43e2f32b)

steel factory.

Tailored, competitive solutions for B2B customers

TotalEnergies sells renewable electricity generated at its B2B customers sites
through long-term PPAs. To this end, the Company develops, finances, builds,
and operates solar panels installed on rooftops, carports, and vacant
industrial lands.

These solar solutions enable companies to enjoy significant bill savings and
predictable electricity prices, while reducing their carbon footprint. Onsite
behind-the-meter batteries are also offered as a complement to increase local
consumption of solar electricity while providing stabilization services to
electricity grid operators.

In addition, TotalEnergies has a wide range of decarbonized energy solutions
such as renewable electricity (off-site solar, wind and hydro PPAs),
low-carbon fuels (from hydrogen and biogas to Sustainable Aviation Fuel),
CO₂ capture, storage and use, and electric mobility (including trucks),
adapted to over twenty industries.

"Thanks to the trust and closeness we have established with our B2B customers,
the dedication of our teams, and our Company’s commitment, we are proud to
continue accelerating our growth in distributed generation worldwide. In an
unstable market with high energy prices, we provide our customers not only
decarbonized energy but also visibility and operational excellence throughout
the duration of the PPA”, said Vincent Stoquart, Senior Vice President
Renewables at TotalEnergies.

***

TotalEnergies and electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building
a world class cost-competitive portfolio combining renewables (solar, onshore
and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm
power to its customers. At the end of 2023, TotalEnergies’ gross renewable
electricity generation installed capacity was 22 GW. TotalEnergies will
continue to expand this business to reach 35 GW in 2025 and more than 100 TWh
of net electricity production by 2030.

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, more sustainable, more reliable and accessible to as
many people as possible. Active in nearly 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 Contacts

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
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Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)

@TotalEnergies
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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).



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