An impending €950 million (US$1.07 billion) acquisition of battery manufacturer Saft will enable French oil major Total to “span the value chain” and exploit synergies with EV and solar markets, an energy market expert has said.

Solar power systems serving an oilfield in Qatar will be fitted with utility-scale energy storage batteries, helping to ensure the continuity of operations at 775 oil wells.

Another large-scale project to test the grid-stabilising capabilities of battery-based energy storage systems will be launched at a solar farm in England, led by the National Grid, which is responsible for the UK’s electrical transmission network infrastructure.