Wind farm in the Welsh Celtic Sea
Our growth ambitions in renewable energies gained real traction in 2020. In just one year, our renewable electricity generation capacity more than doubled to nearly 7 gigawatts (GW). We intend to pursue our investments to reach 35 GW in 2025 and 100 GW by 2030.
Several agreements signed in 2020 and 2021 have expanded our portfolio. TotalEnergies has entered the fast-growing Spanish solar market with 5.3 GW of photovoltaic projects developed with three partners: Powertis, Solarbay Renewable Energy and Ignis.
In the United States, we announced our ambition in early 2021 to deploy 12 utility-scale solar and energy storage projects with a capacity of 1.6 GW through a joint venture with 174 Power Global. Soon thereafter, another 2.2 GW of solar and 600 megawatts (MW) of energy storage projects were added to the portfolio.
TotalEnergies is now developing close to 4 GW of renewable energy capacity in the United States.