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TotalEnergies plans to invest $60bn in clean energy over the next 10 years.
- About $600m is expected to be invested in Nigeria.
- TotalEnergies also plans to deploy solar panel at all of its over 577 service stations in the country.
The Executive General Manager, Total Country Services, Mrs Bunmi Popoola-Mordi, noted that the company’s recent name change reflects the company’s strategy to achieve carbon neutrality by 2050. “Beyond our ambition for 2050, we have set precise, demanding targets for 2030. We will produce more renewable electricity and LNG,” Popoola-Mordi stated. She added the company intend to offer downstream customers decarbonised alternatives whenever possible.
“We are leveraging the energies of today to build the energies of the future, and 2020-2030 will be the decade of our transformation into a truly broad energy company with a lineup featuring oil, gas, electricity, hydrogen, biomass, wind and solar. TotalEnergies intends to become a major player in the energy transition, and we have built a solid foundation on which to achieve our ambition,” according to the company statement.
The Country Communication Manager, Total, Dr Charles Ebereonwu, noted that the company has already embraced clean energy with a project aimed at deploying solar energy to its over 577 service stations across the country.