Total charges up clean energy ambitions with €950m takeover of battery maker

Madeleine Cuff
clock • 1 min read

French oil giant hopes deal will accelerate growth in its renewables business

French oil and gas company Total has today announced plans to acquire French battery maker Saft in a €950m ($1.1bn) deal designed to accelerate the fossil fuel giant's push into the global clean energy...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Poll: Two-thirds of Britons back UK drive to become 'clean energy superpower'

Poll: Two-thirds of Britons back UK drive to become 'clean energy superpower'

Fresh poll findings again underscore strong public support for UK clean power transition

Michael Holder
clock 23 December 2024 • 3 min read
Japan targets up to half of power from renewables by 2040

Japan targets up to half of power from renewables by 2040

Plus Pakistan and Bahamas back global fossil fuel non-proliferation treaty, Ecuador's debt-for-nature swap, and other top green business stories from around the world this week

Michael Holder
clock 20 December 2024 • 8 min read
Green hydrogen: 'Landmark' government contracts signed for three new UK projects

Green hydrogen: 'Landmark' government contracts signed for three new UK projects

They are the first of 11 projects awarded contracts under the government’s Hydrogen Business Model, which is modelled on the UK's CfD clean power support scheme

Michael Holder
clock 20 December 2024 • 3 min read