TotalEnergies Commissions its Largest Solar Project in Europe
France-based energy giant TotalEnergies announced that it has inaugurated its largest solar power plant cluster in Europe, consisting of five projects near Seville, Spain, with a total installed capacity of 263 MW.
According to TotalEnergies, the new solar projects will produce 515 GWh per year of renewable electricity, equivalent to the consumption of over 150,000 Spanish households.
The company added that the projects will avoid 245,000 tons of CO2 emissions annually.
The projects form part TotalEnergies’ efforts to boost clean energy capacity, and ultimately achieve its goal of reaching net zero by 2050, with the company targeting an expansion of its renewable energy generation business to 35 GW in 2025, and reaching more than 100 TWh of net electricity production by 2030. As of the end of March, the company said it had 28 GW of installed gross renewable electricity generation capacity.
Most of the electricity produced from the projects will be sold through long-term power purchase agreements (PPAs) and the rest will be sold on the wholesale market. The Junta of Andalucia, the local government in the region of the new plants, has declared the projects a strategic interest.
Olivier Jouny, Senior Vice President Renewables at TotalEnergies, said:
“We warmly thank the Spanish authorities at both the regional and national levels for supporting this solar project that is contributing to Spain’s ambition of 80% of renewables in its mix by 2030. With our 1,700 employees in Spain, we are building a competitive Integrated Power portfolio that combines renewables and flexible gas-fired power plants to deliver clean firm power to our customers. We are proud to be the 4th largest provider of electricity, gas, and related services in Spain, where we have more than 2 million residential and professional customers.”