Finance
Low Carbon sells 435 MW of UK solar and battery projects to TotalEnergies
Published by Global Banking & Finance Review®
Posted on June 3, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 3, 2025
1 min readLast updated: January 23, 2026
TotalEnergies acquires 435 MW of solar and battery projects from Low Carbon, enhancing UK's renewable energy capacity.
LONDON (Reuters) -UK-based renewable energy investor Low Carbon said on Tuesday it has sold eight solar projects and two battery storage assets in Britain to France's TotalEnergies.
The projects have a combined capacity of 435 megawatts and are at an advanced stage of development. They are expected to be operational by 2028 and will produce 350 gigawatt hours of renewable power a year, equivalent to the electricity consumption of around 100,000 UK households.
Financial details were not disclosed.
Low Carbon, which has a pipeline of renewables projects of around 16 gigawatts (GW) globally, added that it plans to start construction on more than 400 MW more solar and battery projects over the next 18 months.
(Reporting by Nina Chestney; Editing by Emelia Sithole-Matarise)
Low Carbon sold eight solar projects and two battery storage assets in Britain to TotalEnergies.
The projects have a combined capacity of 435 megawatts and are at an advanced stage of development.
The projects are expected to be operational by 2028 and will produce 350 gigawatt hours of renewable power annually.
Low Carbon plans to start construction on more than 400 MW more solar and battery projects over the next few years.
No, financial details regarding the sale were disclosed.
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