Total S.A. - Renewable and Nuclear Power

Renewable and Nuclear Power

Total announced in 2007 that they are exploring the possibilities of entering the nuclear power sector. Although they already own one per cent of Areva, the largest nuclear business in the world. Total does not currently have extensive involvement in nuclear power. However, in January 2008 Total announced that they were to sign an agreement with Suez and Areva to submit a nuclear power plant project to the authorities in the United Arab Emirates.

On 29 April 2011, Total agreed to buy 60% of photovoltaics company SunPower for US$1.38 billion.

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