One Oil Major Is Taking Energy Storage Very Seriously

on March 23, 2018

the-motley-foolFrench oil giant Total (NYSE:TOT) may not be the first company you think of when renewable energy comes up, but it should be near the top of the list. The company owns a controlling stake in solar manufacturer SunPower (NASDAQ:SPWR) and battery company Saft, and its list of renewable assets seems to grow every day.

Saft is making some interesting moves, most recently partnering with some other power players in the energy business to research better battery technology. If successful, Total could emerge with a strong position in one of the biggest growth industries in energy.

French oil giant Total (NYSE:TOT) may not be the first company you think of when renewable energy comes up, but it should be near the top of the list. The company owns a controlling stake in solar manufacturer SunPower (NASDAQ:SPWR) and battery company Saft, and its list of renewable assets seems to grow every day.

Saft is making some interesting moves, most recently partnering with some other power players in the energy business to research better battery technology. If successful, Total could emerge with a strong position in one of the biggest growth industries in energy.

Click Here to Read Full Article

Share this post:
Fractal Energy Storage ConsultantsOne Oil Major Is Taking Energy Storage Very Seriously