TotalEnergies SE (TTE)

Sector:

Energy Producers

  67.20
   
  • Change Today:
     -0.30
  • 52 Week High:  69.1
  • 52 Week Low:  50.7
  • Currency: Euro
  • Shares Issued: 2,393.12m
  • Volume: 2,034,200
  • Market Cap:  160,818m

Total opens 1,000th solar-powered petrol station

By Josh White

Date: Tuesday 27 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Total inaugurated its 1,000th 'solarised' service station powered by solar panels on Tuesday, with the company describing the rooftop solar systems at the Totale Palmeraie retail outlet in Marrakesh, Morocco, as a "milestone" in its programme to 'solarise' certain of its service stations worldwide, which began in late 2016.
The Paris, London and New York-listed French oil giant said its goal was to 'solarise' 5,000 stations in 57 countries.

Work would reportedly accelerate in the coming months to reach around 1,000 stations per year, and more than a third of Total retail network stations globally would be equipped with high-efficiency 'SunPower' solar panels.

Total said it was also 'solarising' production sites, such as plants and refineries, and office buildings.

A number of projects to equip various plants and office buildings with solar panels had been identified, adding up to a nominal power of more than 200 MW-peak, equivalent to the electricity demand of a city of 200,000 people.

"Total service stations around the world are designed as one-stop shops offering customers tailor-made services that are easy to access and use," said the company's president of marketing and services, Momar Nguer.

"The service stations equipped with solar panels are more independent of the grid and showcase our know-how and expertise in renewable energies.

"Consistent with Total's ambition to become the responsible energy major, the program will reduce our retail network's carbon emissions by more than 50,000 tons per year."

Total's senior vice president of renewables, Julien Pouget, added that 'solarising' the company's service stations was "fully aligned" with its strategy of generating and supplying distributed renewable electricity.

"We're proud to inaugurate our thousandth solar-equipped retail outlet.

"This milestone achievement reflects Total's commitment to using solar power at our sites and our ability to support our industrial and commercial customers with cleaner, more affordable and safer electricity."

Total said the recently-'solarised' Palmeraie service station in Marrakesh featured 134 square meters of photovoltaic panels.

It said the system would produce 45 megawatt-hours of power per year, and reduce the retail outlet's carbon emissions by 30 tons annually.

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TTE Market Data

Currency Euro
Share Price   67.20
Change Today   -0.30
% Change -0.44 %
52 Week High  69.1
52 Week Low  50.7
Volume 2,034,200
Shares Issued 2,393.12m
Market Cap  160,818m

TTE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
12.58% below the market average12.58% below the market average12.58% below the market average12.58% below the market average12.58% below the market average
94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average
Price Trend
8.2% below the market average8.2% below the market average8.2% below the market average8.2% below the market average8.2% below the market average
80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average80.49% above the sector average
Income
24.8% below the market average24.8% below the market average24.8% below the market average24.8% below the market average24.8% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average
Growth
19.63% below the market average19.63% below the market average19.63% below the market average19.63% below the market average19.63% below the market average
69.81% below the sector average69.81% below the sector average69.81% below the sector average69.81% below the sector average69.81% below the sector average

What The Brokers Say

Strong Buy 8
Buy 7
Neutral 7
Sell 1
Strong Sell 0
Total 23
buy
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TTE Dividends

  Latest Previous
  Final 3rd Interim
Ex-Div 19-Jun-24 20-Mar-24
Paid 01-Jul-24 03-Apr-24
Amount 79.00¢ 74.00¢

Trades for 19-Apr-2024

Time Volume / Share Price
18:11 319 @  66.65
18:10 189,312 @  67.01
18:09 189,060 @  66.81
18:08 21,070 @  67.28
18:08 14,914 @  67.28

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