TotalEnergies is planning a significant investment in Germany, with a total of €160 million (approximately $172.8 million) going towards the development of six new battery storage projects. The projects will have a combined capacity of 221 MW and are being developed by TotalEnergies’ affiliate Kyon Energy. The majority of these projects will use next-generation batteries from another TotalEnergies affiliate, Saft.
The construction of these projects began in 2024 and is expected to be completed by early 2026. This development is a key step in TotalEnergies’ efforts to enhance the flexibility of Germany’s power system, reducing congestion and providing necessary flexibility to support the rapid expansion of the country’s renewable energy sector.
TotalEnergies’ CEO, Patrick Pouyanné, has praised the development, saying that it marks a significant step forward in the company’s integrated power activities in Germany. The projects will allow TotalEnergies to supply customers with clean, firm power and contribute to the company’s target profitability of 12%.
The move is part of TotalEnergies’ commitment to renewable energy and grid stability, and the projects will play a crucial role in supporting Germany’s energy transition. The use of advanced battery technology from Saft highlights TotalEnergies’ integrated approach to creating a comprehensive energy solution. The scale of the investment demonstrates the company’s confidence in the German market and its belief in the future of battery storage, positioning TotalEnergies as a key player in Germany’s evolving energy landscape.