174 Power Global, Gerdau Long Steel North America and TotalEnergies Break Ground on Gerdau Solar Project in North Texas
September 24, 2021 at 09:00 am EDT
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174 Power Global, Gerdau Long Steel North America (Gerdau), and TotalEnergies, a broad energy company, announced the beginning of construction of the Midlothian, Texas Gerdau Solar project, one of the largest behind-the-meter (BTM) solar facilities in the U.S. The 700-acre site, directly adjacent to the Gerdau Midlothian Steel Mill, is comprised of more than 231,000 solar panels and Gerdau’s solar beam pilings. The Gerdau Solar project will provide reliable, green power to the Midlothian steel mill, and offset the emissions of more than 13,000 average Texas households. The project will create more than 200 construction jobs and provide numerous benefits to the local community, including generating an estimated $19 million in tax revenue over the next 30 years. The project is expected to reach commercial operation by the summer of 2023. Gerdau and 174 Power Global previously signed a 20-year Power Purchase Agreement (PPA) agreement for the power generated at the facility, and TotalEnergies is actively participating in the development of the project through a 50/50 joint venture agreement with 174 Power Global.
TotalEnergies SE is one of the leading worldwide oil groups. Net sales break down by activity as follows:
- refining and chemistry (42.7%): refining of petroleum products (operated, at the end of 2023, 16 refineries throughout the world) and manufacture of basic chemistry (olefins, aromatics, polyethylene, fertilizer, etc.) and of specialty chemistry (rubber, resins, adhesives, etc.). The group is also operating in trading and sea transport of crude oil and oil products;
- petroleum products distribution (37.9%): at the end of 2023 operated 14,571 service stations worldwide;
- electricity generation (11.5%): from combined cycle gas plants and renewable energies;
- gas production, trading, transport and distribution (5%): primarily liquefied natural gas (44.3 million tonnes sold in 2023), natural gas, biogas, hydrogen, liquefied petroleum gas, etc.;
- hydrocarbon operating and production (2.8%): 2.5 million barrels of oil equivalent produced per day in 2023;
- other (0.1%).
Net sales are distributed geographically as follows: France (23.4%), Europe (41.2%), North America (9.4%), Africa (9.2%) and other (16.8%).
TOTALENERGIES SE 
