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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

REMA: Government rejects proposals for zonal power pricing regime

REMA: Government rejects proposals for zonal power pricing regime

Ministers promise to pursue alternative measures to accelerate grid development and tackle rising curtailment costs

James Murray
clock 10 July 2025 • 9 min read
Reports: Government poised to reject plans for zonal pricing

Reports: Government poised to reject plans for zonal pricing

Imminent decision expected to drop plans to switch to a system of regional power pricing, sparking both relief and anger across the energy sector

James Murray
clock 09 July 2025 • 7 min read
NESO: Nearly two million households and businesses joined grid flexibility services last winter

NESO: Nearly two million households and businesses joined grid flexibility services last winter

Sharp increase in number of properties taking part in flexible grid services underscores financial and emissions savings on offer

James Murray
clock 07 July 2025 • 4 min read