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An announcement from TotalEnergies SE ( (FR:TTE) ) is now available.
TotalEnergies has inaugurated its largest solar power plant cluster in Europe, located near Sevilla, Spain, with a total installed capacity of 263 MW. This solar field will produce 515 GWh annually, serving over 150,000 households and reducing CO2 emissions by 245,000 tons per year. The project has been declared of strategic interest by the Junta de Andalucía, contributing significantly to the local economy by creating 800 jobs and involving 14 companies, with more than half being Sevillian. TotalEnergies aims to support Spain’s goal of achieving 80% renewable energy by 2030 and is building a competitive Integrated Power portfolio to provide clean, firm power to its customers.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company that produces and markets a diverse range of energies, including oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. With over 100,000 employees, the company operates in about 120 countries and emphasizes sustainability in its strategy and operations.
For a thorough assessment of TTE stock, go to TipRanks’ Stock Analysis page.