TotalEnergies Develops Solar and Wind Projects in South Africa for Sasol and Air Liquide’s Decarbonization Efforts

(IN BRIEF) TotalEnergies has signed Corporate Power Purchase Agreements with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW of renewable electricity over a 20-year period. TotalEnergies will develop a 120 MW solar plant and a 140 MW wind farm in the Northern Cape province of South Africa to supply Sasol’s Secunda site, where Air Liquide operates the world’s largest oxygen production site. The projects will provide competitive and readily available renewable electricity to decarbonize Sasol and Air Liquide’s production processes, contributing to the evolution of South Africa’s energy mix. The two projects are set to become operational in 2025 and are subject to regulatory approvals.

(PRESS RELEASE) PARIS, 23-Feb-2023 — /EuropaWire/ — TotalEnergies (EPA:TTE), a global multi-energy company with over 100,000 employees and presence in more than 130 countries as well as the world’s 3rd-largest low-carbon LNG company, has announced that it has signed Corporate Power Purchase Agreements (CPPA) with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW of renewable electricity over a period of 20 years. The agreements will see TotalEnergies develop a 120 MW solar plant and a 140 MW wind farm in the Northern Cape province of South Africa to supply approximately 850 GWh of green electricity annually to Sasol’s Secunda site, located 700 kilometers further North-East, where Air Liquide operates the world’s largest oxygen production site.

These two projects will provide competitive and readily available renewable electricity to decarbonize Sasol and Air Liquide’s production processes. They demonstrate TotalEnergies’ commitment to contributing to the evolution of the energy mix in South Africa and will have a positive impact on the local community by creating jobs.

The two projects are scheduled to become operational in 2025, subject to regulatory approvals. TotalEnergies Marketing South Africa¹, along with its partner Mulilo and an unannounced B-BBEE partner, have signed the CPPAs with SASOL and Air Liquide.

Through these agreements, TotalEnergies has reinforced its position in the global transition to renewable energy and its commitment to decarbonizing the industrial sector.

“Power generation in South Africa is still 80% based on coal and power cuts occur daily. With these developments we are proud to support Air Liquide and Sasol for their supply of green electricity. Meanwhile, we are pleased to contribute to South Africa’s energy transition which consists of increasing its share of renewables and gas as an alternative to coal” said Vincent Stoquart, Senior Vice President, Renewables at TotalEnergies. “There is a dynamic market for corporate PPAs in South Africa and we want TotalEnergies to take a strong leadership position.”

(1) TotalEnergies Marketing South Africa is a South African registered company of TotalEnergies (50.1%) and a number of South african BBBEE investors (49.9%).

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TotalEnergies and renewables electricity

As part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in electricity and renewables. At the end of 2022, TotalEnergies’ gross renewable electricity generation installed capacity was 17 GW. TotalEnergies will continue to expand this business to reach 35 GW of gross production capacity from renewable sources and storage by 2025, and then 100 GW by 2030 with the objective of being among the world’s top 5 producers of electricity from wind and solar energy.

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

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Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

SOURCE: TotalEnergies

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