TotalEnergies (TTE) and Google (GOOGL) have signed a 21-year power purchase agreement to supply Google with a total volume of 1 TWh of certified renewable power from the Citra Energies solar plant in the northern Kedah province. The solar farm, which is scheduled to enter construction in early 2026, will support Google’s data center operations in Malaysia. The Malaysian Energy Commission awarded the project to TotalEnergies and its local partner MK Land in August 2023, as part of Malaysia’s Corporate Green Power Program. The agreement reflects Google’s strategy of enabling new, clean energy to the grid systems where they operate, and builds upon the PPA announced by TotalEnergies in November to supply renewable power to Google’s data centers in the United States. The PPA will take effect upon the project’s financial close, expected in the first quarter of 2026.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTE:
- Galp Energia downgraded to Hold from Buy at Jefferies
- TotalEnergies to acquire 40% operated interest in PEL83 from Galp
- Repsol, HitecVision to merge joint venture with TotalEnergies’ UK business
- TotalEnergies merges upstream business with Neo Next
- TotalEnergies price target raised to EUR 66 from EUR 65 at BofA
