TotalEnergies SE (FR:TTE) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
TotalEnergies SE has expanded its renewable energy portfolio by acquiring SN Power from Scatec, gaining a significant stake in Africa’s hydropower sector, including an operational plant in Uganda and projects in Rwanda and Malawi. The move aligns with the company’s multi-energy strategy and commitment to supporting energy transitions in oil-producing countries. TotalEnergies aims to bolster its renewable electricity generation capacity, targeting 35 GW by 2025 and over 100 TWh by 2030.
For further insights into FR:TTE stock, check out TipRanks’ Stock Analysis page.
