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Total Acquires Pipeline of Renewable Energy Projects, Batter Storage Assets

· 02/05/2021 02:42

07:35 AM EST, 02/05/2021 (MT Newswires) -- Total (TOT) has acquired a development pipeline of 2.2 GW of solar projects, and 600 MW of battery storage assets in Texas from renewable energy company SunChase Power. Financial terms were not disclosed.

The pipeline consists of four large-scale solar projects with co-located battery energy storage systems in industrial areas near Houston that have a high demand for electricity. Construction of the first two projects is expected to start in 2021, with the rest coming online between 2023 and 2024.

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