London / Paris — June 2025 — French energy giant TotalEnergies has struck a deal to acquire a 435 MW renewable portfolio from UK developer Low Carbon, comprising eight solar projects (350 MW) and two battery storage assets (85 MW). The acquired assets are in advanced development and expected to be fully operational by 2028.
The new projects are estimated to yield around 350 GWh of clean electricity per year, adequate to power approximately 100,000 UK households.
This acquisition illustrates a growing trend of major energy companies expanding into integrated solar + storage, ensuring they control both generation and flexibility assets. For TotalEnergies, this solidifies its position in the UK renewables market and aligns with global decarbonization strategies.
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