Danish power company Total , previously known as Total Energy , is looking to expand into solar power and storage , according to CEO Henrik Poulsen . The company is aiming to go coal-free by 2023 and also to source 95% of its heat and power generation from renewables by that time. The company saw profits rise 18 % last year to $ 3.7bn after it sold off its oil and gas businesses , and the company has restated its commitment to moving to low - carbon sustainable energy , with a target of going coal - free and generating 95 % of its power generation from coal by 2023 . Already the world 's largest offshore solar developer , it also investigating the potential for onshore wind .
Danish power company Total , previously known as Total Energy , is looking to expand into solar power and storage , according to CEO Henrik Poulsen . The company saw profits rise 18 % last year to $ 3.7bn after it sold off its oil and gas businesses , and the company has restated its commitment to moving to low - carbon sustainable energy , with a target of going coal - free and generating 95 % of its power generation from coal by 2023 . Already the world 's largest offshore solar developer , it also investigating the potential for onshore wind .