France-based TotalEnergies has announced the selection of a further ten start-ups to join its TotalEnergies On programme, which seeks to help innovative businesses to develop in the renewable energy and electricity sectors.
Total Energies, which makes Total coolant and lubricant products, said in a press release that the ten companies offered innovative technologies and solutions for all aspects of the value chain for electricity. These include areas like electric mobility, the production of renewable energy, energy trading, decentralised energy management and energy storage.
The successful start-ups will now gain access to TotalEnergies’ infrastructure, teams and customers, and have the opportunity to test their products and services within the various businesses operated by TotalEnergies. They will also benefit from entrepreneurial support that is delivered with the help of the prominent HEC business school, and the chance to secure a place at the STATION F start-up campus.
TotalEnergies On Director Thibault Flichy said that almost 200 start-ups from around the world had applied for this third instance of the programme, showing that its attractiveness is increasing. He added:
“We are excited and enthusiastic to be taking this next step in the adventure with these ten promising start-ups. We will continue to push them to come up with solutions that complement each other and inject intelligence into renewable energies and electricity.”
Some 29 start-ups have now been chosen to participate in the programme since it began, with these supporting the transformation of the energy mix in Europe and TotalEnergies’ own goal of becoming a net-zero business by 2050.