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France’s TotalEnergies Aims to Install 100GW of Renewables by 2030

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French firm TotalEnergies is targeting 35GW of renewable capacity by 2025 and 100GW or more by 2030 as a part of its energy transition and renewable expansion plans, according to Bloomberg.

  • The is sharply up from about 22GW installed at the end of 2023.
  • The firm plans to spend about 33% of its capital on low-carbon business to achieve net zero by 2050. The large amount of additional renewable capacity is aimed at reducing its carbon intensity over the coming decades.
  • Based on Shell, Equinor, BP and Eni’s carbon intensity pathways the firm ranks second, just below Italy’s Eni’s emission pathway.
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French firm TotalEnergies is targeting 35GW of renewable capacity by 2025 and 100GW or more by 2030 as a part of its energy transition and renewable expansion plans, according to Bloomberg.

  • The is sharply up from about 22GW installed at the end of 2023.
  • The firm plans to spend about 33% of its capital on low-carbon business to achieve net zero by 2050. The large amount of additional renewable capacity is aimed at reducing its carbon intensity over the coming decades.
  • Based on Shell, Equinor, BP and Eni’s carbon intensity pathways the firm ranks second, just below Italy’s Eni’s emission pathway.