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‘Battery Valley’ in France turns to experts from Asia

France is advancing its domestic EV battery production in "Battery Valley" with significant input from Asian experts. The Verkor factory in Dunkirk and AESC near Douai are key sites, with foreign specialists training local staff. AESC, owned by China's Envision, and ACC, a joint venture with Stellantis, Mercedes-Benz, and TotalEnergies, are scaling up operations. The focus is on skill transfer and achieving industrial independence, with plans to produce batteries for hundreds of thousands of vehicles annually.

Taipei Times·
US
STLA
-0.17%
US
MBGYY
+0.67%
US
TTE
+0.52%
Taipei Times·
US
STLA
-0.17%
US
MBGYY
+0.67%
US
TTE
+0.52%

Sangha Renewables Inaugurates 20 MW Project in West Texas, Energized by TotalEnergies

Sangha Renewables has inaugurated a 19.9 MW bitcoin mining project in Ector County, West Texas, powered by a 150 MW solar farm. The project, developed with Links Genco and supported by TotalEnergies, aims to integrate renewable energy with bitcoin mining. TotalEnergies will provide retail power solutions, while Sangha will manage the mining facility. This initiative highlights the potential of bitcoin mining to enhance renewable energy value and support energy sector decarbonization.

fidelity·
US
TTE
+0.52%
fidelity·
US
TTE
+0.52%

TotalEnergies Unveils Battery-Powered Microgrid at Agnew Gold Mine

TotalEnergies SE, via its subsidiary Saft, has implemented a Battery Energy Storage System (BESS) at Agnew gold mine in Western Australia. This system is part of a microgrid integrating solar and wind power, supplying 60% of the mine's electricity from renewables and cutting CO2 emissions by 46,000 tons annually. The microgrid and battery system have a total capacity of 56 MW, with the BESS contributing 13 MW, designed for extreme desert conditions.

Reuters·
US
TTE
+0.52%
Reuters·
US
TTE
+0.52%

TotalEnergies SE (TTE) Receives a Hold from Kepler Capital

Kepler Capital's Bertrand Hodee maintained a Hold rating on TotalEnergies SE with a €51.50 price target, while shares closed at €55.82. Hodee, a 5-star analyst, has an 18.5% average return and a 63.44% success rate. J.P. Morgan also rated TotalEnergies SE as Hold, whereas RBC Capital gave a Buy rating. Hodee covers the Energy sector, including TotalEnergies SE, Technip Energies NV, and Shell (UK).

Tip Ranks·
US
TTE
+0.52%
Tip Ranks·
US
TTE
+0.52%

Dow Jones Top Energy Headlines at 4 AM ET: Oil Rises Amid Rising Tensions Between U.S. and Venezuela | BlackRock's ...

Oil prices rise amid U.S.-Venezuela tensions. BlackRock's GIP sells a $2 billion stake in Naturgy. U.S. seizes oil tanker off Venezuela. GE Vernova's stock hits record highs. U.S. crude oil stockpiles decline. Chevron explores biofuels and geothermal energy. Fervo Energy raises $462 million with Google as an investor. Exxon Mobil projects significant earnings growth by 2030. TotalEnergies partners with Galp Energia in Namibia.

MorningStar·
US
XOM
-0.60%
US
CVX
-0.48%
US
TTE
+0.52%
MorningStar·
US
XOM
-0.60%
US
CVX
-0.48%
US
TTE
+0.52%
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