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PARIS - TotalEnergies (EPA:TTEF) SE is expanding its presence in the German electricity market with the launch of six new battery storage projects, amounting to a total of 221 megawatts (MW). The projects, which represent an investment of €160 million, are being developed by Kyon Energy, an affiliate of TotalEnergies acquired in 2024. These additions are part of the company’s broader strategy to develop an integrated portfolio in Germany’s energy sector, which includes a pipeline of 13 gigawatts (GW) of renewables and 2 GW of battery capacity.
The batteries, primarily supplied by Saft, a TotalEnergies affiliate specializing in advanced battery technology, are expected to enhance the resilience of Germany’s power system. They will help to manage congestion and provide flexibility, thereby supporting the rapid expansion of renewable energy in the country. The construction of these storage systems began at the end of 2024, with commissioning planned for early 2026.
TotalEnergies’ integrated power operations in Germany encompass a diverse portfolio, including 7 GW of onshore wind and solar projects in development, 200 MW installed or under construction, 6.5 GW net of offshore wind in development, and 321 MW of storage capacity currently under construction. Additionally, the company manages 9 GW of electricity aggregation capacity through Quadra Energy and operates 6,900 charge points, including 1,100 with high-power charging.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, expressed enthusiasm for the progress in Germany, noting the company’s commitment to providing customers with clean firm power and achieving a targeted 12% profitability in this activity.
Energy storage is an integral component of TotalEnergies’ strategy to offer continuous, stable renewable electricity supply and to enhance the value of its portfolio through trading activities. The company leverages Saft’s expertise to meet its storage system requirements.
TotalEnergies is actively working towards its ambition to reach net zero by 2050, building a portfolio that combines renewables with flexible assets to deliver clean power. By the end of 2024, the company’s gross renewable electricity generation capacity reached 26 GW, with plans to increase to 35 GW by 2025 and exceed 100 terawatt-hours of net electricity production by 2030.
This expansion in Germany is part of TotalEnergies’ global operations, aiming to provide sustainable energy solutions across approximately 120 countries. The information in this article is based on a press release statement from TotalEnergies SE.
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