France’s supermajor TotalEnergies is launching its biggest solar project cluster in Europe—five solar projects with a total installed capacity of 263 MW near Seville, Spain.
The solar field will produce 515 GWh per year of renewable electricity, equivalent to the consumption of over 150,000 Spanish households, and will avoid 245,000 tons of CO2 emissions per year, TotalEnergies said on Thursday.
Most of the electricity produced will be sold through long-term power purchase agreements (PPAs) and the rest will be sold on the wholesale market, said the French supermajor, which hasn’t scaled down its ambitions in renewable energy generation despite a general drive among Europe’s Big Oil firms to reduce investments in green energy solutions.
As of the end of March 2025, TotalEnergies had 28 gigawatts (GW) of installed gross renewable electricity generation capacity and aims to reach 35 GW by the end of 2025. The company also targets more than 100 TWh of net electricity production by 2030.
Apart from oil and gas production and trading, TotalEnergies is building an Integrated Power portfolio that combines renewables and flexible gas-fired power plants to deliver clean firm power to customers.
TotalEnergies is currently the 4th largest provider of electricity, gas, and related services in Spain, where it has more than 2 million residential and professional customers.
The Seville solar project contributes to Spain’s ambition of 80% of renewables in its mix by 2030, said Olivier Jouny, Senior Vice President Renewables at TotalEnergies.
While the majors aren’t abandoning all the renewable projects they embarked on in 2020 and 2021, they have started to scale back investments and are streamlining these on developments and energy solutions that they see as profitable.
France’s TotalEnergies is the outlier in the group, as it has continued to focus on growing renewable energy capacity and power generation through acquisitions and joint ventures globally.
By Tsvetana Paraskova for Oilprice.com
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