TotalEnergies will develop a series of photovoltaic and energy storage projects in New Caledonia in order to deliver decarbonized electricity via a 25-year renewable power purchase agreement for the industrial operations of mining and metallurgy consortium Prony Resources New Caledonia. Between 2022 and 2025, the Company, will develop, in successive phases, ground-based photovoltaic arrays with installed capacity of 160 MW, as well as 340 MWh of energy battery storage capacity. Most of the installations will be located on property owned by the Grand Sud hydrometallurgical plant. The first photovoltaic power plant (30 MW) is scheduled to come on stream in 2023. Ultimately, the project will cover nearly two-thirds of the site's electricity needs and will help avoid close to 230,000 tons of CO2 emissions. This project strengthens Prony Resources New Caledonia's ambition of achieving carbon neutrality by 2040.By combining solar energy and energy storage to replace electricity generated from coal, TotalEnergies is demonstrating its ability to provide a sustainable energy solution to Prony Resources New Caledonia while meeting demanding local, industrial, environmental and social requirements.