TotalEnergies acquires Polska Grupa Biogazowa, 6 solar projects to strengthen its renewable energy portfolio
Energy

TotalEnergies acquires Polska Grupa Biogazowa, 6 solar projects to strengthen its renewable energy portfolio

TotalEnergies has now 1,1 TWh of biogas production capacity

  • By ICN Bureau | March 07, 2023

TotalEnergies is developing its renewable activities in Poland by acquiring the country’s main biogas producer, Polska Grupa Biogazowa (PGB), and a 200-megawatt (MW) development pipeline of solar projects.

PGB is mainly involved in generating renewable heat and power from biogas sourced from organic waste. It owns and operates 17 facilities in production and one under construction, for a total power generation capacity of 166 GWh per year1. PGB's portfolio also includes a development pipeline of 23 projects.

The acquisition of PGB raises TotalEnergies’ biogas production capacity to 1.1 TWh and gives the Company a leading position in the promising Polish market, which represents Europe’s fourth-largest potential for biogas and biomethane production, estimated at close 100 terawatt-hours (TWh).

TotalEnergies is also entering the Polish solar market with the acquisition of six solar projects under development representing a production capacity of 200 MW. Located in northern and western Poland, the first solar farms are expected to come on stream by 2025.

“These agreements illustrate TotalEnergies' commitment to developing its renewable activities in Poland, and in Europe as a whole, to support the European Green Deal,” said Stéphane Michel, President Gas, Renewables & Power at TotalEnergies.

“On the one hand, we are gaining a solid foothold in Poland's biogas market thanks to an existing company’s proven track record, experienced teams, and broad asset base. On the other hand, we are developing our presence in renewable energies with a portfolio of solar projects. With these two transactions, we are pleased to be able support Poland in its ambition to develop renewable energies and strengthen its energy sovereignty. We hope we will also have the opportunity to provide Poland with our expertise in offshore wind, an area in which we have formed a partnership with KGHM."

TotalEnergies is one of the segment leaders in Europe, with now 1,1 TWh of biogas production capacity, and aims to become a major player internationally by partnering with market leaders such as Clean Energy in the United States. It aims to produce at least 20 TWh per year by 2030, which represents the average annual gas consumption of four million French consumers, and a reduction in CO2 emissions of around four million tons.

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