TotalEnergies SE ( (FR:TTE) ) has provided an update.
TotalEnergies has announced the launch of six new battery storage projects in Germany, amounting to 221 MW of new storage capacity and a €160 million investment. Developed by Kyon Energy and utilizing advanced battery technology from Saft, these projects are part of TotalEnergies’ strategy to enhance its integrated power operations in Germany, contributing to the resilience of the German power system and supporting the country’s renewable energy sector.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company involved in the production and marketing of various forms of energy, including oil, biofuels, natural gas, green gases, renewables, and electricity. With over 100,000 employees, the company operates in about 120 countries and emphasizes sustainability in its strategy and operations.
YTD Price Performance: 12.85%
Average Trading Volume: 1,532,586
Technical Sentiment Signal: Strong Sell
Current Market Cap: €121.6B
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