Company Movehigh confidence
TotalEnergies, KKR Add 700 MW to US Solar JV
www.rigzone.com · October 12, 2026 · Week 2026-42
Summary
TotalEnergies and KKR are expanding their US-based solar joint venture by 700 MW, bringing its total capacity to 2.1 GW. This move reflects the IOC's ongoing global strategy to build out its renewable energy portfolio, a strategy that runs in parallel with its core hydrocarbon operations in regions like the Middle East.
Strategic Implication
Highlights TotalEnergies' continued capital allocation towards its global renewables portfolio, which competes for investment with its MENA upstream and LNG projects.