TotalEnergies SE (FR:TTE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
TotalEnergies and Aljomaih Energy & Water Company have secured a 25-year power purchase agreement for a 300 MW solar project in Saudi Arabia, aligning with the country’s Vision 2030 goals to boost renewable energy. This collaboration underscores TotalEnergies’ commitment to expanding its renewable portfolio and supporting energy transitions in oil-producing regions. The project is expected to connect to the grid by 2026, marking a significant step in the Kingdom’s energy diversification efforts.
For further insights into FR:TTE stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- ‘Stay Away,’ Says Hans Mosesmann About Intel Stock
- Canaccord Pounds the Table on Archer Aviation Stock
- ‘Don’t Let the Law of Large Numbers Scare You,’ Says Top Investor About Nvidia Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
