Global power firm Total has expanded its presence within the US’ renewable power and power storage markets.
Total has acquired a growth pipeline of two.2GW of photo voltaic tasks and 600MW of battery storage property from SunChase and MAP RE/ES, a non-public power funding agency.
The acquired tasks are situated within the US state of Texas.
The pipeline consists of 4 large-scale photo voltaic tasks, every with co-located battery power storage techniques (BESS), in industrial areas near Houston which have excessive demand for electrical energy.
Construction of the primary two tasks is anticipated to start out later this 12 months.
All tasks will come on-line between 2023 and 2024.
Total will decide to a 1GW 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.
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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 sit up for benefiting from the various progress alternatives within the U.S. market to handle the challenges of the power transition.
“With this newest acquisition, Total is now growing near 4GW of renewable energy capability within the U.S., thus contributing to our goal to succeed in 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 attain carbon neutrality by 2050.”
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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 might account for as much as 40% of its gross sales by 2050.
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