Utility power plant
TotalEnergies Ambition in Renewables
Electricity demand is set to rise faster than global demand for energy in the coming years. According to the International Energy Agency (IEA), global electricity demand is projected to grow by 3.4% per year from 2024 to 2026. Renewable energies are expected to represent more than 35% of the world’s energy mix by 2040. To support this growth, our ambition is to achieve 100 GW of gross installed renewable power generation capacity by 2030 and rank among the top five global producers of solar- and wind-generated electricity.
As of the end of 2024, TotalEnergies' gross renewable electricity generation installed capacity reached 26 GW, with 9 GW in construction, on track to achieve the company’s target of 35 GW by 2025. TotalEnergies has invested over $10 billion in the past five years in growing its low-carbon energies business and has allocated $4.5 billion for electricity and renewables capital spending in 2024. Going forward, TotalEnergies' strategy will be supported by two pillars: Oil and Gas, and Integrated Power. This approach aims to balance the energy needs of today with the sustainable energy solutions of tomorrow.
Installed renewable electricity generation capacity
Renewable capacity under construction
Total investment in low-carbon energies over the past five years
Capital spending allocated for electricity and renewables in 2024
Our activities
TotalEnergies is building an integrated energy business model, combining renewables, intermittent assets, and flexible assets. Our Integrated Power Pillar aims to produce more than 100 TWh by 2030. Leveraging our teams' expertise, the company prioritizes investment in new facilities and retains ownership of its renewable energy installed capacity over the long term.
TotalEnergies possesses in-house expertise to identify and optimize the best projects, along with crucial experience in project development and implementation strategies. We have renowned technical expertise in wind, photovoltaic solar, and hybrid energy systems. Additionally, we use our experience in portfolio risk management and project finance to bring even the most complex projects to completion.
In construction and operation
In development
Our achievements in Asia-Pacific
In 2024, our gross renewable capacities in Asia soared to 2 GW. With power demand increasing across Asia and the need for the region to navigate the energy transition, TotalEnergies' ambition in renewables will succeed through a strong presence in Asia. Currently, the company possesses a strong footprint in the region, with projects spanning key countries such as:
Australia
We've made significant strides in renewable project development, exemplified by the Kiamal Solar farm in Victoria, featuring a 256 MWp first phase and a 150 MW second phase, currently in advanced development.
Cambodia
Battambang Solar Farm (74 MWac) generates 115 GWh per year, enough to supply 180,000 Cambodians with clean energy. It allows for saving more than 50,000 tons of CO2 emissions. The PV farm is one of the largest solar farms in operation in the country, and the largest in Battambang province.
Indonesia
Tanah Laut Wind Farm project, currently in late-stage development, will have a capacity of 70 MW and a 10 MWh Energy Storage System. Located in South Kalimantan, it will be the first hybrid wind farm in Indonesia.
Japan
Our presence extends to four solar farms with a combined operating capacity of 155 MW.
Philippines
Tarlac Solar Farm is in operation with a capacity of 45 MW and is expected to generate enough electricity to power over 50,000 households. In addition, Isabela Solar Project is in development in Luzon for 440 MWp, powered by 70,000+ solar panels and will generate 700 GWh of clean energy annually.
South Korea
Parang 1 is a 17 MW wind farm currently generating electricity and is the first TotalEnergies onshore renewable project in the country. The wind turbines provide 50 GWh per year, enough to supply electricity to about 35,000 people. Parang 2 is currently in advanced stage of development, for an additional 17 MW of capacity.
Singapore
In May 2025, TotalEnergies and Royal Group Eagle were granted Conditional Licence from Singapore Energy Market Authority (EMA) to import 1.0 GW of Clean Firm Power from Indonesia, with solar farm and Battery Energy Storage System (BESS). This approval marks a significant step towards enhancing regional energy cooperation and advance the ASEAN Power Grid vision. In addition, the project will supply solar PV energy for Indonesia’s domestic consumption to power green industrial complexes in the Riau Province of Indonesia.
As we drive the energy transition forward, Asia stands as an integral and thriving partner in our mission to shape a sustainable energy future for all.