REG-TotalEnergies SE TotalEnergies Launches Its Largest Solar Power Plant in France

TotalEnergies SEAnnouncement

29/11/2021 07:50

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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 €2,200,200 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.

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 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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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.
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 Commission (SEC).

TotalEnergies Contacts

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

TotalEnergies Renewables France Contacts

Elodie Billerey : +33 6 69 99 38 95 | elodie.billerey@totalenergies.com
(mailto:elodie.billerey@totalenergies.com)



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