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    TotalEnergies joins Morocco-UK subsea power development

    Nov. 29, 2023
    TotalEnergies is investing $25 million to acquire a stake in Xlinks First, alongside existing investors Octopus Energy and TAQA.
    Related To: TotalEnergies
    Courtesy TotalEnergies
    cp_xlinks

    Offshore staff

    PARIS, France — TotalEnergies is investing £20 million ($25.35 million) to acquire a stake in UK-based Xlinks First, alongside existing investors Octopus Energy and Abu Dhabi National Energy Co. (TAQA).

    Xlinks plans to develop a solar/wind energy project in Morocco that would transmit electricity to the UK through ultra-long distance HDVC subsea cables, coupled with battery energy storage.

    Upon completion, the developers aim to provide sufficient electricity to power more than 7 million homes in the UK.

    11.29.2023

    Related

    Photo 190550754 © Bogdan Zhorov | Dreamstime.com
    Morocco Map
    Courtesy XLCC
    Xlcc Factory Aerial View
    Courtesy Genel Energy
    Lagzira
    Courtesy SLCC
    An aerial view of the XLCC factory

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