French energy giant TotalEnergies has entered into a significant 21-year power purchase agreement (PPA) with Google to supply renewable energy to the tech company’s data centers in Malaysia. This deal marks an expansion of TotalEnergies’ collaboration with Google and its commitment to long-term renewable energy projects. The agreement involves the provision of 1 TWh of certified renewable energy, equivalent to 20 MW, sourced from the Citra Energies solar facility in Kedah province. This move aligns with TotalEnergies’ strategy to increase its presence in the renewable energy sector and support global sustainability initiatives.
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Over the past month, Natural Gas has experienced a price decline of approximately 8.08%. Despite this downward trend, the 1-day technical analysis for Natural Gas currently suggests a Hold position. This indicates that while the asset has faced some recent volatility, investors may consider maintaining their current positions as market conditions evolve. Investors can explore more updates, prices, and analysis across global markets at Commodities.