No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, December 16, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

TotalEnergies Secures 21-Year Solar Power Deal With Google in Malaysia

by TheAdviserMagazine
12 hours ago
in Business
Reading Time: 3 mins read
A A
TotalEnergies Secures 21-Year Solar Power Deal With Google in Malaysia
Share on FacebookShare on TwitterShare on LInkedIn


TotalEnergies has signed a 21-year power purchase agreement (PPA) with Google to deliver 1 terawatt-hour of certified renewable electricity from the planned Citra Energies solar project in northern Malaysia. The long-term contract is equivalent to around 20 megawatts of capacity and will directly support Google’s data center operations in the country.

The solar plant, located in Kedah province, is scheduled to begin construction in early 2026, with the PPA set to take effect at financial close, expected in the first quarter of 2026.

The project was awarded in August 2023 by Malaysia’s Energy Commission under the country’s Corporate Green Power Programme (CGPP). TotalEnergies holds a 49% stake in the development, alongside local partner MK Land, which owns the remaining 51%.

The deal underscores the accelerating convergence between hyperscale data center growth and long-term renewable power procurement in emerging markets. Technology companies such as Google are increasingly seeking direct, long-duration PPAs to secure clean electricity in regions where grid decarbonization is still at an early stage.

For TotalEnergies, the agreement strengthens its position as a global provider of tailored power solutions for large industrial and digital clients, extending a partnership with Google that already includes renewable supply contracts in the United States.

Malaysia has emerged as a key regional hub for data centers, driven by strong digital demand, competitive operating costs, and supportive government policy. At the same time, rising electricity demand from energy-intensive digital infrastructure has intensified pressure on utilities and regulators to expand clean generation capacity.

The CGPP is central to this strategy, enabling corporate buyers to contract renewable electricity directly from new projects, rather than relying solely on the national grid mix. The TotalEnergies–Google agreement aligns with this framework by adding new solar capacity rather than reallocating existing supply.

TotalEnergies has been expanding its global PPA portfolio with major corporate buyers, including Amazon, Microsoft, Air Liquide, Saint-Gobain, and Merck, reflecting a broader trend toward long-term contracted revenues in the power sector.

As of late 2025, the French energy major had more than 32 gigawatts of installed renewable generation capacity worldwide and is targeting 35 gigawatts by year-end. The company aims to exceed 100 terawatt-hours of net electricity production by 2030, combining renewables with flexible assets such as gas-fired generation and energy storage.

The Malaysia agreement highlights how oil and gas majors are leveraging renewables to anchor long-term relationships with global technology firms, while also supporting national decarbonization goals in fast-growing economies. For Google, the deal advances its strategy of enabling new clean energy capacity in the markets where it operates, rather than relying on offsets or indirect procurement.

As data center demand continues to surge across Southeast Asia, similar corporate PPAs are likely to play a growing role in shaping regional power markets and investment flows.

By Charles Kennedy for Oilprice.com

More Top Reads From Oilprice.com

Oilprice Intelligence brings you the signals before they become front-page news. This is the same expert analysis read by veteran traders and political advisors. Get it free, twice a week, and you’ll always know why the market is moving before everyone else.

You get the geopolitical intelligence, the hidden inventory data, and the market whispers that move billions – and we’ll send you $389 in premium energy intelligence, on us, just for subscribing. Join 400,000+ readers today. Get access immediately by clicking here.



Source link

Tags: 21yeardealGoogleMalaysiaPowersecuressolarTotalEnergies
ShareTweetShare
Previous Post

From Digital Transformation Fatigue To AI Transformation Urgency: Japan’s Second Digital Awakening

Next Post

Nifty’s long-term uptrend intact, but short-term trend turns cautious below 25,900: Vinay Rajani

Related Posts

edit post
Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he’s writing down .5 billion amid a ‘customer-driven’ shift

Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he’s writing down $19.5 billion amid a ‘customer-driven’ shift

by TheAdviserMagazine
December 16, 2025
0

Several months ago, Ford CEO Jim Farley said ending the nearly two-decade-long EV tax credit would halve America’s electric vehicle...

edit post
AI, cyber, and climate change will be the key insurance themes in 2026

AI, cyber, and climate change will be the key insurance themes in 2026

by TheAdviserMagazine
December 16, 2025
0

AI, cyber insurance, and climate change/natural catastrophes were highlighted as the three themes that will have the biggest impact on...

edit post
Vijay Kedia buys 9 lakh shares of SME stock Mahamaya Lifesciences in Rs 12.5 crore block deal

Vijay Kedia buys 9 lakh shares of SME stock Mahamaya Lifesciences in Rs 12.5 crore block deal

by TheAdviserMagazine
December 16, 2025
0

Ace investors Vijay Kedia bought nearly 9 lakh shares in SME stock Mahamaya Lifesciences via a block deal on Tuesday....

edit post
Trump has ‘an alcoholic’s personality, chief of staff says in wide-ranging Vanity Fair interview. She calls it a ‘hit piece’

Trump has ‘an alcoholic’s personality, chief of staff says in wide-ranging Vanity Fair interview. She calls it a ‘hit piece’

by TheAdviserMagazine
December 16, 2025
0

Susie Wiles, President Donald Trump’s understated but influential chief of staff, criticized Attorney General Pam Bondi’s handling of the Jeffrey...

edit post
Nvidia to pay NIS 90m for Kiryat Tivon site

Nvidia to pay NIS 90m for Kiryat Tivon site

by TheAdviserMagazine
December 16, 2025
0

The deal under which Nvidia will construct a research and development campus at Kiryat Tivon (fifteen kilometers south-east of...

edit post
2 Best AI Stocks to Buy in December

2 Best AI Stocks to Buy in December

by TheAdviserMagazine
December 16, 2025
0

AI stocks have taken a beating since Oracle and Broadcom released their earnings results, and these two look like good...

Next Post
edit post
Nifty’s long-term uptrend intact, but short-term trend turns cautious below 25,900: Vinay Rajani

Nifty’s long-term uptrend intact, but short-term trend turns cautious below 25,900: Vinay Rajani

edit post
Episode 239. “He quit his high paying job and didn’t tell me”

Episode 239. “He quit his high paying job and didn’t tell me”

  • Trending
  • Comments
  • Latest
edit post
How Long is a Last Will and Testament Valid in North Carolina?

How Long is a Last Will and Testament Valid in North Carolina?

December 8, 2025
edit post
How to Make a Valid Will in North Carolina

How to Make a Valid Will in North Carolina

November 20, 2025
edit post
In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

December 14, 2025
edit post
Democrats Insist On Taxing Tips        

Democrats Insist On Taxing Tips        

December 15, 2025
edit post
Who Should I Choose as My Powers of Attorney?

Who Should I Choose as My Powers of Attorney?

December 6, 2025
edit post
8 Places To Get A Free Turkey for Thanksgiving

8 Places To Get A Free Turkey for Thanksgiving

November 21, 2025
edit post
New Construction vs. Older Homes—Why New Builds Cost Less Than You Think

New Construction vs. Older Homes—Why New Builds Cost Less Than You Think

0
edit post
November 25 – December 10, 2025

November 25 – December 10, 2025

0
edit post
Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he’s writing down .5 billion amid a ‘customer-driven’ shift

Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he’s writing down $19.5 billion amid a ‘customer-driven’ shift

0
edit post
US Homeland Security Rescues 62,000 Unaccompanied Minors From Trafficking

US Homeland Security Rescues 62,000 Unaccompanied Minors From Trafficking

0
edit post
Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

0
edit post
12 End‑of‑Year Tax Credits Seniors Forget to Claim

12 End‑of‑Year Tax Credits Seniors Forget to Claim

0
edit post
November 25 – December 10, 2025

November 25 – December 10, 2025

December 16, 2025
edit post
Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he’s writing down .5 billion amid a ‘customer-driven’ shift

Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he’s writing down $19.5 billion amid a ‘customer-driven’ shift

December 16, 2025
edit post
New Construction vs. Older Homes—Why New Builds Cost Less Than You Think

New Construction vs. Older Homes—Why New Builds Cost Less Than You Think

December 16, 2025
edit post
Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

December 16, 2025
edit post
12 End‑of‑Year Tax Credits Seniors Forget to Claim

12 End‑of‑Year Tax Credits Seniors Forget to Claim

December 16, 2025
edit post
Stocks making the biggest moves midday: LUV, CRCL, HAL

Stocks making the biggest moves midday: LUV, CRCL, HAL

December 16, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • November 25 – December 10, 2025
  • Ford CEO Jim Farley said Trump would halve the EV market by ending subsidies. Now he’s writing down $19.5 billion amid a ‘customer-driven’ shift
  • New Construction vs. Older Homes—Why New Builds Cost Less Than You Think
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.