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TotalEnergies has signed an agreement with Rönesans Holding to acquire a 50% stake in Rönesans Enerji and jointly develop, through this joint-venture, renewable projects in Turkiye.
Rönesans Enerji is currently operating a portfolio of 166MW hydro assets and has as a pipeline of more than 700 MW of wind, photovoltaic, and battery storage assets. Rönesans Enerji’s ambition is to produce 2 GW of renewable energy by 2028.