TotalEnergies SE UK Regulatory Announcement: United States: TotalEnergies Wins Maritime Lease to Develop a 1 GW Offshore Wind Farm off North Carolina’s Coast & More News Here

PARIS–(BUSINESS WIRE)– 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has been named a winner by the Bureau of Ocean Energy Management of maritime lease space OCS-A 0545 within the United States, as a part of the Carolina Long Bay public sale held on Wednesday, May 11, 2022.

This bid for the event of an offshore wind farm within the Carolina Long Bay space offshore North Carolina was received for a consideration of US$ 160 million by TotalEnergies.

Located 20 nautical miles (37 kilometers) from the coast, the lease covers a 120 sq. nautical miles space (222 sq. kilometers) that can generate a capability of greater than 1 GW, sufficient to present energy to greater than 300,000 properties. The venture is anticipated to come on-line by 2030.

This announcement follows the award in February 2022 of a lease to develop a 3 GW wind farm off the coast of New York and New Jersey, United States.

(*1*) mentioned Patrick Pouyanné, Chairman and CEO of TotalEnergies.

The Carolina Long Bay venture is a part of the U.S. authorities’s aim to deploy 30 GW of offshore wind within the U.S. by 2030, in response to the local weather problem.

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TotalEnergies and offshore wind

TotalEnergies is already growing a portfolio of offshore wind tasks with a whole capability of greater than 11 GW, of which 2/3 are bottom-fixed and 1/3 are floating. These tasks are situated within the United Kingdom (Seagreen venture, Outer Dowsing, Erebus, ScotWind), South Korea (Bada venture), Taiwan (Yunlin venture), France (Eolmed venture) and the United States (New York Bight venture, North Carolina venture). The Company has additionally been certified to take part in aggressive tenders within the US, UK and France, and also will take part in tenders in Norway and Poland.

TotalEnergies and renewable electrical energy

As a part of its ambition to get to web zero by 2050, TotalEnergies is constructing a portfolio of actions in renewables and electrical energy. At the tip of 2021, TotalEnergies’ gross renewable electrical energy technology capability is greater than 10 GW. TotalEnergies will proceed to broaden this enterprise to attain 35 GW of gross manufacturing capability from renewable sources and storage by 2025, after which 100 GW by 2030 with the target of being among the many world’s high 5 producers of electrical energy from wind and photo voltaic power.

About TotalEnergies

TotalEnergies is a world multi-energy firm that produces and markets energies on a world scale: oil and biofuels, pure gasoline and inexperienced gases, renewables and electrical energy. Our 105,000 staff are dedicated to power that’s ever extra reasonably priced, clear, dependable and accessible to as many individuals as doable. Active in additional than 130 nations, TotalEnergies places sustainable growth in all its dimensions on the coronary heart of its tasks and operations to contribute to the well-being of individuals.

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

Cautionary Note

This press launch, from which no authorized penalties could also be drawn, is for info functions solely. The entities wherein TotalEnergies SE immediately or not directly owns investments are separate authorized entities. TotalEnergies SE has no legal responsibility for his or her acts or omissions. The phrases “Company” or “TotalEnergies company” refer collectively to the corporate TotalEnergies SE and the businesses it controls immediately or not directly. Such phrases are used solely for the sake of comfort for functions of the current communication. Likewise, the phrases “we”, “us” and “our” might also be used to refer to subsidiaries basically or to those that work for them. This doc might comprise forward-looking info and statements which can be based mostly on a variety of financial knowledge and assumptions made in a given financial, aggressive and regulatory surroundings. They might show to be inaccurate sooner or later and are topic to a variety of threat components. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to replace publicly any forward-looking info or assertion, aims or tendencies contained on this doc whether or not as a results of new info, future occasions or in any other case.

TotalEnergies Contacts

Media Relations: +33 1 47 44 46 99 l [email protected] l @TotalEnergiesPR

Investor Relations: +33 (0)1 47 44 46 46 l [email protected]

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