TotalEnergies (TTE) is doubling down on its partnership with Alphabet Inc.'s (GOOG) Google, signing a 21-year power purchase agreement on Tuesday to keep the tech giant's Malaysian data centers humming with clean electricity.
The Malaysia Solar Project
Here's the setup: Google will receive 1 TWh of certified renewable electricity—equivalent to 20 MW—from the Citra Energies solar project in northern Kedah. The solar facility is scheduled to break ground in early 2026, with construction aimed at getting clean power flowing to Google's data center operations in Malaysia.
TotalEnergies and its local partner MK Land won the project back in August 2023 through Malaysia's Corporate Green Power Programme, with TotalEnergies holding a 49% stake and MK Land owning the remaining 51%. Malaysia's Energy Commission officially awarded them the contract, setting the stage for this week's announcement.
The power purchase agreement won't kick in until the project reaches financial close, which both companies expect to happen in the first quarter of 2026.
Part of a Broader Strategy
This deal fits neatly into Google's broader strategy of adding new clean energy capacity directly to the grids where it operates. Rather than just buying renewable energy credits from existing facilities, Google is backing new projects that increase the total amount of clean power available. It's a distinction that matters when you're trying to meaningfully reduce your carbon footprint rather than just shuffling around existing green electrons.
The Malaysia agreement builds on momentum from last month, when TotalEnergies announced a separate 15-year power purchase agreement to supply Google's U.S. data centers. Under that deal, Google will receive 1.5 TWh of certified renewable electricity from TotalEnergies' nearly completed Montpelier solar farm in Ohio.
Sophie Chevalier, Senior Vice President of Flexible Power & Integration at TotalEnergies, highlighted the company's growing footprint in powering major tech operations: "This PPA illustrates our company's ability to offer competitive power solutions tailored to the needs of major tech groups, both in mature markets, such as the United States and Europe, and in emerging countries like Malaysia. It also contributes to achieving our target of 12% profitability in the power sector."
TotalEnergies' Busy Deal Calendar
The Google announcement wasn't TotalEnergies' only news on Tuesday. The company also disclosed that it sold a 9.998% indirect stake in Malaysia's block SK408 to PTTEP, leaving TotalEnergies with a 30.002% interest in the block.
It's been an active stretch for TotalEnergies on the deal front. Earlier this month, the company revealed that TotalEnergies EP Nigeria agreed to sell a 40% interest in the PPL 2000 and PPL 2001 exploration licenses to a Chevron Corporation (CVX) company.
And back in November, TotalEnergies announced plans to acquire a 50% stake in the flexible power generation portfolio from Energetický a průmyslový holding, a.s. (EPH) at an enterprise value of 10.6 billion euros, or about $12.3 billion. That transaction would add 14 GW of power assets to TotalEnergies' European portfolio.
TotalEnergies shares were down 0.20% at $65.13 during premarket trading on Tuesday, according to market data.




