TotalEnergies Welcomes the First 10 Start-Ups to its Electricity Start-Up Accelerator TotalEnergies On at STATION F in Paris

Rhea-AI Summary

TotalEnergies (TTE) inaugurated its start-up accelerator, TotalEnergies On, at STATION F in Paris, welcoming its first cohort of 10 start-ups focused on electricity and renewable energy solutions. The initiative aligns with TotalEnergies' commitment to the energy transition, aiming to support innovative digital solutions across the electricity value chain. The selected start-ups will gain access to TotalEnergies' expertise and the STATION F ecosystem, facilitating the development of sustainable energy technologies.

Positive

• Launch of TotalEnergies On accelerator at STATION F to foster innovation in electricity and renewable energy.
• Selected start-ups gain access to TotalEnergies' resources and expertise, enhancing collaboration.
• Focus on low-carbon electricity aligns with global energy transition goals.

Negative

• None.

PARIS--(BUSINESS WIRE)-- Regulatory News:

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE):

During the inauguration of TotalEnergies On – TotalEnergies' start-up accelerator at the world’s largest start-up campus, STATION F in Paris – Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies, and Xavier Niel, founder of STATION F, welcomed the first 10 start-ups to the accelerator program dedicated to electricity.

In line with TotalEnergies' ambition to be a major player in the energy transition, TotalEnergies On intends to support the development of new companies in the electricity and renewable energy sector. This program is aimed at start-ups offering innovative solutions, particularly digital ones, across the electricity value chain. The selected start-ups benefit from privileged access to the Company's experts, a testing ground for their developments within TotalEnergies’ businesses. They also benefit from the STATION F ecosystem, thanks to their hosting at TotalEnergies On.

"I want to extend a warm welcome to the 10 start-ups who will open our TotalEnergies ON electricity start-up accelerator program here at STATION F, a key venue for the start-up ecosystem, and I would like to thank Xavier Niel for hosting us. The energy transition brings many new challenges, particularly with the massive deployment of renewable energies and the complex issue of integrating them into the electrical system. As a global multi-energy company that places the development of low-carbon electricity at the heart of its transition strategy, it is important for us to support start-ups that will make this energy transition faster and more efficient," said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies at the inauguration of the TotalEnergies On accelerator program at STATION F.

"From electricity management to sustainable mobility, the start-ups selected by TotalEnergies are an excellent illustration of the positive impact that innovation can have on our daily lives and on societal issues. We are delighted to welcome them to STATION F for this first season of the TotalEnergies program and to follow their progress," said Roxanne Varza, Director of STATION F.

The first 10 start-ups selected are:

In renewable power generation:

- Sereema: digital wind asset optimization through proprietary IoT system
- Green Eagle Solutions: automating remote wind operations with software robots

In distributed energy management:

- Tilt: optimization of prosumers autoconsumption
- Bia: software solutions to optimize flexibility through charging loads management

In power trading:

- Granular: market solutions facilitating 24/7 clean energy sourcing
- TokWise: AI-powered short term trading strategies for renewable power

In power retail:

- Eliq: real-time monitoring and optimization of energy consumption
- Beev: one-stop-shop for customers transitioning to EVs

In electric mobility:

- Time Plug: turnkey EV charging solutions targeting B2C and small B2B markets
- Bonnet: one app, one subscription to improve EV charging experience

***

About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

View source version on businesswire.com: https://www.businesswire.com/news/home/20220530005188/en/

TotalEnergies Contacts

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com

Source: TOTALENERGIES SE

FAQ

What is the purpose of TotalEnergies On start-up accelerator for TTE?

TotalEnergies On aims to support the development of innovative start-ups in the electricity and renewable energy sector, facilitating the energy transition.

When was TotalEnergies On inaugurated?

TotalEnergies On was inaugurated during a recent event at STATION F in Paris.

Which start-ups are included in the initial cohort of TotalEnergies On?

The first 10 start-ups include Sereema, Green Eagle Solutions, Tilt, Bia, Granular, TokWise, Eliq, Beev, Time Plug, and Bonnet.

How does TotalEnergies On benefit selected start-ups?

Selected start-ups benefit from access to TotalEnergies' experts and the STATION F ecosystem, promoting innovation and development.

What is TotalEnergies' commitment regarding energy transition?

TotalEnergies is committed to becoming a major player in the energy transition by supporting low-carbon electricity and sustainable energy solutions.