TotalEnergies Charges Up Belgium's Battery Storage Capacity With A New Project

Zinger Key Points
  • TotalEnergies SE initiates a 25 MW battery storage project in Belgium, scheduled for completion by late 2025.
  • The project expands TotalEnergies' Belgian storage capacity to 50 MW / 150 MWh.
Loading...
Loading...

TotalEnergies SE TTE launched a New Battery Storage Project in Belgium.

The new project will be developed on the company’s depot site in Feluy, with a power rating of 25 MW and capacity of 75 MWh.

The company expects the start-up at the end of 2025. This project is similar to another project of the company in Belgium, and these two projects represent a global investment of around €70 million.

The projects will bring TotalEnergies’ storage capacity in Belgium to 50 MW / 150 MWh.

ReadTotalEnergies Sued By Belgian Farmer In A Landmark Case: Report

Last month, Total Energies disclosed the construction of a 31 MWp floating photovoltaic (PV) plant in Belgium.

Olivier Jouny, Senior Vice President, Integrated Power said, “We are pleased to announce this new storage project in Feluy, just a year after we began our Antwerp project, which should be operational by the end of the year. These projects are fully in line with our integrated development strategy for electricity, not just in Belgium, but globally.” 

“These technical systems also confirm the European leadership of our affiliate specialized in battery production, Saft, and its industrial-scale stationary storage know-how.”

Also ReadFrom Frying Pan To Jet Fuel: Energy Giants TotalEnergies & Sinopec Team Up For China’s Sustainable Fuel

Price Action: TTE shares are down 0.08% at $71.64 premarket on the last check Wednesday.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: EquitiesLarge CapNewsBriefsEurasia
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...