In addition to these big ticket plans, the Total board approved the payment of 40% of cash flow to shareholders. The dividend increased 7.25% year on year, while another 2 billion euros was approved for buybacks.
Total Eren has 3.5 GW of renewable capacity around the world. It also has another 10 GW of solar, wind, hydropower and storage projects in the pipeline, in 30 countries.
Total Eren has left a partnership to develop the HyEnergy scheme but will continue with plans to build gigawatts of green hydrogen capacity across the country.
Total Eren and Chariot have agreed to build a solar photovoltaic (PV) project to supply power to the Karo platinum project in Zimbabwe.
Australian developer Provaris (ASX:PV1) has signed a memorandum of understanding (MoU) with Total Eren to examine import and export solutions for compressed hydrogen.
Chariot has signed Total Eren up to work together on a proposed major hydrogen development in Mauritania.
Wood will provide concept engineering for the H2 Magallanes Project, a large-scale green hydrogen facility in southern Chile being developed by Total Eren.
Total Eren and Chariot have signed a memorandum of understanding (MoU) to provide solar power to the Tharisa mine.
Chariot Oil and Gas is diversifying into renewable energy for mines, under a deal to acquire Africa Energy Management Platform (AEMP).