France: Total Wins 50 MW of Projects in Latest National Solar Tender -- Close To 400 MW of Projects Awarded Over Past 18 Months
March 08 2021 - 03:13AM
Dow Jones News
Regulatory News:
Total (Paris:FP) (LSE:TTA) (NYSE:TOT), through Total Quadran,
its renewable energy subsidiary in France, was awarded 50 megawatts
(MW) of solar projects in the ninth round of the CRE 4 (French
Energy Regulatory Commission) tender.
Total thus confirms its position as number 1 in solar
development in France with close to 400 MW, the largest volume
awarded over the last 18 months.
Most of the awarded sites will be developed on repurposed sites
and will allow to redesign former industrial sites.
Total Quadran will ensure the construction, operation and
commissioning of these projects by 2022.
"Total once again confirms its commitment to developing
renewable energies in France. We are proud, through our
participation in the French Energy Regulatory Commission's calls
for tenders, to participate in the transformation of the French
energy landscape" said Julien Pouget, Senior Vice President
Renewables of Total.
Total, renewables and electricity
As part of its ambition to get to net zero by 2050, Total is
building a portfolio of activities in renewables and electricity
that should account for up to 40 % of its sales by 2050. At the end
of 2020, Total's gross power generation capacity worldwide was
around 12 GW, including 7 GW of renewable energy. Total will
continue to expand this business to reach 100 GW of gross
production capacity from renewable sources by 2030 with the
objective of being among the world's top 5 in renewable
energies.
* * * * *
About Total
Total is a broad energy company that produces and markets fuels,
natural gas and electricity. Our 100,000 employees are committed to
better energy that is more affordable, more reliable, cleaner and
accessible to as many people as possible. Active in more than 130
countries, our ambition is to become the responsible energy
major.
About Total Quadran
Total Quadran, a pioneer of renewable energies in France,
develops, builds and operates renewable electricity generation
resources (wind, photovoltaic, hydro and biogas). Total Quadran
operates over 300 renewable energy plants in France totaling nearly
900 MW, generating 1,675 GWh of renewable electricity per year.
This is the equivalent of the annual consumption of nearly 1,5
million people and annual savings of nearly 560,000 tons of CO(2)
emissions.
* * * * *
Cautionary Note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TOTAL SE directly or indirectly owns investments are separate legal
entities. TOTAL SE has no liability for their acts or omissions. In
this document, the terms "Total", "Total Group" and Group are
sometimes used for convenience. 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
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.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20210307005081/en/
CONTACT: Total Contacts
Media Relations: +33 1 47 44 46 99 l presse@total.com l
@TotalPress
Investor Relations: +44 (0)207 719 7962 l ir@total.com
Total Quadran Contact
Communication : +33 4 67 32 63 35 |
elodie.billerey@total-quadran.com
SOURCE: Total
Copyright Business Wire 2021
(END) Dow Jones Newswires
March 08, 2021 02:58 ET (07:58 GMT)
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