TotalEnergies has announced its ambition to achieve carbon neutrality across all its activities by 2050, together with society. This climate ambition requires us to embark on a decade of transformation and in particular to massively develop the production of electricity from renewable sources. Our goal is to reach 35 GW of renewable generation capacity in 2025 and 100 GW of production by 2030 and to be among the top 5 companies in the sector.
As part of this ambition, and in order to make the most of the Company's international footprint, we have decided to increase the business development efforts in the countries where the Company has already a presence and where renewables have a growth potential. In South Africa, TotalEnergies has been awarded projects in the public sector REIPPPP and RMIPPPP bid rounds, private sector CPPAs, and intends to participate in additional renewables projects which are commercially attractive and in line with the country’s needs.