Renewable Energy Pipeline Acquisitions

June 3, 2025

TotalEnergies announced the acquisition of a significant UK renewable energy pipeline, comprising 350 MW of solar projects and 85 MW of battery storage. The package of eight solar farms and two battery installations — purchased from developer Low Carbon — could be operational by 2028 and is projected to generate 350 GWh/year, enough to power ~100,000 British homes.

This move significantly expands TotalEnergies’ renewable portfolio in the UK, adding to its existing wind and gas assets. Company leaders highlighted the deal as a strategic step toward achieving carbon neutrality, reinforcing TotalEnergies’ transition from a traditional oil and gas major into a broad clean energy provider in line with the UK’s climate goals.

By investing in utility-scale solar and storage, TotalEnergies strengthens its foothold in the growing renewable energy market and hedges against the long-term decline of fossil fuels. This acquisition not only helps meet its corporate climate pledges but also positions the company for new revenue streams as Europe’s energy mix shifts green.

Image Credit:

TotalEnergies

 

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