As part of its ambition to reach carbon neutrality by 2050, TotalEnergies is rapidly building a global multi-energy portfolio combining renewables, storage, and flexible generation to deliver clean, reliable power 24/7. By mid-2025, the Company had already reached 30 GW of gross renewable capacity, on track to achieve more than 100 TWh of net Power production by 2030. Within this Integrated Power strategy, hydropower plays a key role: it complements solar and wind with dispatchable, long-lasting capacity, reinforcing the resilience of the Power value chain and providing clean firm power in both mature and emerging markets. Today, TotalEnergies is scaling up its hydropower activities in key geographies, leveraging decades of project financing and energy expertise to support the energy transition where it is most needed.

Hydropower is fully embedded in TotalEnergies’ Integrated Power strategy, which aims to develop competitive low-carbon Power across the entire value chain – from generation to trading, supply, and customer solutions. Its ability to provide firm, flexible, and cost-competitive baseload power makes hydro a natural complement to intermittent renewables. With a current portfolio of 650 MW in operation and more than 2 GW in development worldwide, TotalEnergies is pursuing a selective approach: flexible hydro assets in deregulated markets and large-scale projects in regulated environments, often in countries where the Company has an established footprint through its oil & gas operations.

TotalEnergies’ hydropower presence spans Europe, Africa, and Asia, with operating assets in France, Portugal, Belgium, Turkey and Uganda and major developments in Mozambique, India, Rwanda, and Malawi. This diversified portfolio reflects both regional opportunities and the Company’s ability to structure complex partnerships with public authorities, utilities, and leading industrial players.

‍

‍

Focus on Bujagali (Uganda)

Commissioned in 2012 on the White Nile, the 250 MW Bujagali hydropower plant today supplies over 25% of Uganda’s peak Power demand. TotalEnergies became a shareholder in 2024, acquiring a 28.3% stake through the SN Power transaction. Operated under a long-term PPA, Bujagali is a cornerstone of Uganda’s power system, providing reliable, affordable energy to nearly half a million households. Beyond its technical performance, the project demonstrates the value of partnerships: developed with international financial institutions, underpinned by strong risk-mitigation frameworks, and delivering long-term benefits to the national economy.

‍

‍

Focus on Mphanda Nkuwa (Mozambique)

Downstream of the Cahora Bassa dam on the Zambezi River, the 1.5 GW Mphanda Nkuwa project represents one of the largest hydropower active developments in sub-Saharan Africa. Led by a consortium of EDF, Sumitomo, and TotalEnergies, it will increase Mozambique’s generation capacity by more than 50% and provide green Power to over three million households. With associated 1,300 km of high-voltage transmission lines, the project would have the possibility to export clean power to the Southern African Power Pool. Mphanda Nkuwa illustrates how TotalEnergies’ integrated, multi-energy approach can deliver both national electrification and regional decarbonisation.

Hydropower is a strategic pillar of TotalEnergies’ ambition to supply clean, firm power worldwide. By combining the flexibility of hydro, storage and gas with the scalability of solar and wind, the Company is building a resilient and competitive power portfolio. TotalEnergies is committed to deploying its multi-energy expertise to support the energy transition of its host countries – and to make hydropower a lasting driver of sustainable growth.