Oil major Total and energy provider Engie have applied for subsidies which, if obtained, would allow them to build the largest green hydrogen facility in France that will use only solar power to produce hydrogen
Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210112006180/en/ Total (Paris:FP) (LSE:TTA) (NYSE:TOT) and Engie have signed
Total has acquired Fonroche Biogaz, a company that designs, builds and operates anaerobic digestion units in France. With close to 500 gigawatt-hours (GWh) of installed capacity, which doubled between 2019 and 2020, Fonroche Biogaz is the French market leader in the production of renewable gas with more than 10% market share thanks to a portfolio of seven units in operation and a pipeline of four imminent projects. Courtesy of Fonroche Biogaz
Drawing on the expertise of its 85 employees, Fonroche Biogaz has developed industrial and technological expertise across the entire renewable gas value chain. Its integration marks a significant step in Total’s development on the renewable gas market, with prospects for rapid growth on the French market and for international deployment.
Total becomes French Market Leader in Renewable Gas
France: Green Initiatives Total becomes French Market Leader in Renewable Gas
11.01.2021Editor: Ahlam Rais
With the acquisition of Fonroche Biogaz, Total leads the French market in renewable gas. The move is in line with the company’s strategy of achieving its climate ambition of acquiring Net Zero by 2050. Related Company (Source: Deposit Photos)
Paris/France – Total has recently announced the acquisition of Fonroche Biogaz, a company that designs, builds and operates anaerobic digestion units in France. With close to 500 gigawatt-hours (GWh) of installed capacity, which doubled between 2019 and 2020, Fonroche Biogaz is today the French market leader in the production of renewable gas with more than 10 % market share thanks to a portfolio of seven units in operation and a pipeline of four imminent projects.
Total has announced the acquisition of Fonroche Biogaz, a company that designs, builds and operates anaerobic digestion units in France. The acquisition is consistent with Total s strategy and its climate ambition to get to Net Zero by 2050.