16 September 2016
Cleaner Energy Initiative of the Year, 2016: Total
Through a number of strategic acquisitions that see the company move further into new, sustainable energies, Total has set itself apart from other leading players. The company recently created its integrated gas, renewables and power segment, which is to be the lynchpin in a long-term transitional plan to become the sustainable energy provider of choice over the course of the next thirty years. Total has long recognised the potential of the solar energy market. In 2011 it acquired a 60% shareholding in US-based high-tech solar panel manufacturer, SunPower, for $1.38bn. As a result of the investment, today SunPower manufactures solar panels that convert 24.1% of solar energy to power, compare
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