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TotalEnergies Announces €160M Investment in Six New Battery Storage Projects

by Harry

TotalEnergies has announced a significant investment in six battery storage projects, totaling 221 MW of new storage capacity, with a combined investment of €160 million. These projects are being developed by Kyon Energy, an affiliate acquired by TotalEnergies in 2024, and are set to play a crucial role in advancing energy storage solutions.

The majority of these projects will utilize next-generation batteries provided by Saft, another TotalEnergies affiliate known for its leadership in advanced battery technology. Construction of the projects began in late 2024, with commissioning expected by early 2026.

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This investment underscores TotalEnergies’ commitment to expanding its clean energy portfolio and enhancing energy storage capabilities to support a low-carbon future. The new storage capacity will help integrate renewable energy into the grid more efficiently and support the transition to more sustainable energy systems across various regions.

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