Total enters floating wind market

As heralded, the French oil firm now enters the floating wind sector, buying a stake in project Eolmed on its domestic market.

Photo: PR MHI Vestas

This year, Total announced its ambition to become the world's greenest oil company and to invest up to 20 percent of its capex budget in renewables approaching 2030.

An ambitious target for a firm that currently only has a handful of solar farms operational. However, more is incoming on that front – among other things, Total is set to partake in construction of a solar farm in desert state Qatar rated at no less than monstrous 800 MWp.

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