France: Total Solar and SunPower successful in solar rounds
October 12 2017 - 3:15AM
Business Wire
Regulatory News:
Total continues to actively help drive the growth of solar power
in France through a strong industrial commitment via its affiliates
Total Solar, which develops projects, and SunPower, which supplies
solar panels.
On the occasion of the second call for tenders for buildings and
small carports, Total Solar, in partnership with the Groupe Carré,
was awarded 70 projects totaling the capacity of more than 32
megawatts, or 22% of the allocated capacity. “This success follows
on from those under previous calls for tenders, especially for own
consumption and large carports. We see rooftop solutions as
particularly suitable for the development of solar power in France
: fast-track deployment, land protection, distributed power
production and own consumption,” emphasizes Julien Pouget, Senior
Vice President, Renewables.
SunPower will provide more than 500 megawatts of its
SunPower® E-Series and X-Series solar panels for the 2017 winning
various calls for tenders. “SunPower leads the French market in
2017,” comments Philippe Sauquet, President, Gas, Renewables &
Power. “This reflects their customers' appreciation of the quality,
efficiency and competitiveness of SunPower’s solar systems.”
Total and Solar Energy
Total is active across the entire photovoltaic value chain, from
manufacturing cells to designing large-scale turnkey solar power
plants and to installing residential or commercial rooftop
systems.
Since 2017, Total Solar, a wholly owned affiliate of Total, is
spearheading the Group’s own solar activities to accelerate the
development of distributed photovoltaic systems at the sites of
industrial or commercial customers and solar power plants in
developed countries.
SunPower, owned 57% by Total, manufactures and supplies the
world’s most efficient solar panels.
On September 19, 2017, Total signed an agreement to acquire an
indirect 23% interest in EREN Renewable Energy (EREN RE) to develop
solar power plants in emerging marketplaces, where demand for power
is soaring.
About Total
Total is a global integrated energy producer and provider, a
leading international oil and gas company, a major player in
low-carbon energies. Our 98,000 employees are committed to better
energy that is safer, cleaner, more efficient, more innovative and
accessible to as many people as possible. As a responsible
corporate citizen, we focus on ensuring that our operations in more
than 130 countries worldwide consistently deliver economic, social
and environmental benefits.
* * * * *
Cautionary note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TOTAL S.A. directly or indirectly owns investments are separate
legal entities. TOTAL S.A. has no liability for their acts or
omissions. In this document, the terms “Total” and “Total Group”
are sometimes used for convenience where general references are
made to TOTAL S.A. and/or its subsidiaries. Likewise, the words
“we”, “us” and “our” may also be used to refer to subsidiaries in
general or to those who work for them.
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 TOTAL S.A. 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.
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