By Ejekwu Chidiebere
TotalEnergies said it has acquired, from Low Carbon, a leading renewable energy company a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW. The Company says it targets 2028 as operational take-off as the solar projects are already at an advanced stage of development. They are expected to produce more than 350 GWh/year of renewable electricity, equivalent to the electricity consumption of around 100,000 UK households, the Company told Energy Window International (Media) in a statement.
“We are very pleased with the acquisition of this pipeline from the renewable developer Low Carbon. The acquisition of these solar and battery projects located in the south of England will complement our integrated electricity portfolio in the UK, which includes 1.1 GW of gross installed offshore wind, 1.3 GW of gross combined cycle gas turbine, and more than 600 MW of solar projects under development”, says Olivier Jouny, SVP renewables at TotalEnergies.
Roy Bedlow, Chief Executive and Founder at Low Carbon, added: “We are very pleased to have finalized this agreement with TotalEnergies, who are making an impressive commitment to building renewable infrastructure and sees Low Carbon deliver one of the largest ready-to-build portfolios of solar and battery projects in the UK market. Once built, these projects will make a vital contribution to the Government’s Clean Power 2030 ambition and reinforce Low Carbon’s track record for developing renewable assets of the highest quality, while supporting the build out of the rest of our renewables pipeline as we continue to scale as an independent power producer.”
TotalEnergies says its presence in the UK dates back to the 60s, employing more than 1,800 people across the energy value chain.
It rates itself as one of the country’s leading oil and gas operators, operating around 27% of the UK Continental Shelf’s gas production, with average daily equity production of 121,000 barrels of oil equivalent per day (boe/d) in 2024.
It said it was deploying its Integrated Power strategy in the UK which combines renewable power production and flexible power generation capacities, with renewable portfolio in the country to include 1.1 GW of gross installed capacity (Seagreen offshore wind farm) and 4.5 GW under development, in both offshore wind and solar projects. It holds the Company said, a 50% stake in a 1.3 GW combined cycle gas turbine (CCGT) operated in partnership with EPUKI. Adding that it is one of the UK’s largest suppliers of gas and electricity to businesses and the public sector, offering electric vehicle charging solutions while marketing petroleum products like lubricants, aviation fuel, bitumen and specialty fluids.
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