TotalEnergies has accomplished the acquisition of French agrivoltaics firm Ombrea to bolster its personal sustainability credentials in what has develop into a powerful progress sector for the oil and gasoline supermajor.
Based in 2016, Ombrea has been concerned within the building of 10 photo voltaic farms to this point and has studied round fifty crop varieties as a part of its efforts to optimise synergies between agricultural manufacturing and inexperienced electrical energy technology, in line with a TotalEnergies assertion on the acquisition, launched at the moment (Thursday).
Plans to ramp-up solar energy technology in populated and intensively-farmed nations has positioned a rising onus on wind farm builders to seek out methods of harmonising clear power manufacturing with environmental and agricultural sustainability.
“By integrating Ombrea’s groups and experience into its renewable actions, TotalEnergies intends to speed up its improvement in agrivoltaics, each in France and overseas,” the supermajor said.
“Beneath the Ombrea model, TotalEnergies will provide the farming neighborhood options for combining solar energy and agricultural manufacturing, together with options for safeguarding towards climate occasions, sustaining and even enhancing yields, and adapting to local weather change.”
With ambitions to get to web zero by 2050, TotalEnergies has pledged to increase its clear power enterprise to achieve 35GW of gross manufacturing capability from renewable sources and storage by 2025, after which 100 GW by 203.
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It has given itself the target of changing into among the many world’s prime 5 producers of electrical energy from wind and photo voltaic power.
On the finish of July 2023, TotalEnergies’ gross renewable electrical energy technology put in capability was 19GW.
The corporate mentioned its renewables portfolio presently consists of improvement of 1.5GW of agrivoltaic tasks, in accordance with standards set out beneath the French Renewable Vitality Acceleration Legislation of 2023.
Vincent Stoquart, TotalEnergies, senior vp for renewables said: “This transfer will permit us to mix our experience and know-how to speed up the deployment of options that allow the agricultural sector to extend its earnings by producing power, whereas sustaining its actions and decreasing its carbon footprint.”
He mentioned the corporate would construct up its world hub for agrivoltaics in Aix-en-Provence, the place Ombrea was headquartered.
Ombrea founders Christian Davico and Julie Davico-Pahin said collectively: “We stay up for seeing the accelerated deployment of our sensible options to advertise high-performance, forward-looking agriculture”.
