Power Engineering International
Global power firm Total has expanded its presence within the U.S. renewable power and power storage markets.
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French-based Total has acquired a improvement pipeline of two.2GW of photo voltaic initiatives and 600MW of battery storage belongings from SunChase and MAP RE/ES, a non-public power funding agency.
The acquired initiatives are situated in Texas.
The pipeline consists of 4 large-scale photo voltaic initiatives, every with co-located battery power storage methods (BESS), in industrial areas near Houston which have excessive demand for electrical energy.
Construction of the primary two initiatives is predicted to begin later this 12 months. All initiatives will come on-line between 2023 and 2024.
Total will decide to a 1-GW company PPA sourced from this solar energy and power storage portfolio so as to cowl all of the electrical energy consumption of its operated industrial websites within the US.
This announcement comes after latest information of a three way partnership with 174 Power Global to develop 1.6GW within the United States.
Patrick Pouyanné, chairman and CEO of Total, mentioned: “I’m very happy that Total is additional contributing to the event of solar energy within the U.S. We stay up for making the most of the various progress alternatives within the U.S. market to handle the challenges of the power transition.
“With this newest acquisition, Total is now creating near 4GW of renewable energy capability within the U.S., thus contributing to our goal to achieve near 35GW of renewable era capability by 2025. In addition, supplying inexperienced electrical energy to all our industrial actions within the United States is concrete proof of our ambition to realize carbon neutrality by 2050.”
Total has set a purpose to be web zero by 2050.
The power agency plans to construct a portfolio of actions in renewables and electrical energy that would account for as much as 40% of its gross sales by 2050.
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