Germany: TotalEnergies Pursues Growth in Electricity by Launching Six New Battery Storage Projects [Yahoo! Finance]
TotalEnergies SE Ordinary Shares (TTE)
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Source: Yahoo! Finance
Most of these batteries will be supplied by Saft, TotalEnergies' affiliate specialized in advanced battery technology, particularly in renewables. TotalEnergies' German project pipeline amounts to 13 GW of renewables and 2 GW of battery capacity, contributing to its strategy to develop an integrated portfolio. PARIS, March 26, 2025 BUSINESS WIRE On the occasion of Patrick Pouyanné's participation in the Europe 2025 conference in Berlin, and in connection with the Company's integrated development in the country's electricity sector, TotalEnergies is announcing investment decisions for six battery storage projects. In total, these projects amount to 221 MW of new storage capacity and an investment outlay of €160 million. These projects were developed by Kyon Energy , a TotalEnergies affiliate acquired in 2024, and most will use next-generation batteries supplied by Saft, a TotalEnergies affiliate and leader in advanced battery technology. Construction began at the end of 2024,
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