No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, July 10, 2026
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
7 months 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

US Dollar Maintains a Bearish Structure Ahead of NFP

Next Post

China lowers anti-dumping tariffs on European pork exporters

Related Posts

edit post
Billionaires warned NYC would scare off business. Anthropic and Airbnb just bet big on the city

Billionaires warned NYC would scare off business. Anthropic and Airbnb just bet big on the city

by TheAdviserMagazine
July 10, 2026
0

Some billionaires have spent the past year warning that New York City’s political climate could scare away companies, capital, and...

edit post
US stocks today: US stocks end higher as investors turn to earnings season

US stocks today: US stocks end higher as investors turn to earnings season

by TheAdviserMagazine
July 10, 2026
0

​The S&P 500 rose to end just short of a record high on Friday, as a blockbuster Nasdaq debut of...

edit post
Elon Musk SEC settlement raises ‘red flags,’ judge says

Elon Musk SEC settlement raises ‘red flags,’ judge says

by TheAdviserMagazine
July 10, 2026
0

Being the richest person in world history comes with its own headaches, and Elon Musk has a migraine-sized one when...

edit post
What Does the Supreme Court Ruling on Citizenship Mean?

What Does the Supreme Court Ruling on Citizenship Mean?

by TheAdviserMagazine
July 10, 2026
0

On June 30, the Supreme Court struck down President Donald Trump’s executive order attempting to abolish birthright citizenship, calling it...

edit post
Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPO

Global Markets: Chinese fast fashion retailer Shein finally wins approval for Hong Kong IPO

by TheAdviserMagazine
July 10, 2026
0

Fast-fashion retailer Shein won approval for its long-awaited Hong Kong IPO on Friday, a notice posted on the China Securities...

edit post
One Wall Street firm is paying its Gen Z interns fresh out of college ,600 a week—more than the typical American makes in nearly two months

One Wall Street firm is paying its Gen Z interns fresh out of college $8,600 a week—more than the typical American makes in nearly two months

by TheAdviserMagazine
July 10, 2026
0

The battle for entry-level talent is getting expensive. And it’s starting before graduates even enter the workforce. Wall Street trading...

Next Post
edit post
China lowers anti-dumping tariffs on European pork exporters

China lowers anti-dumping tariffs on European pork exporters

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

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
Bitcoin’s  billion credit market keeps growing after its first major selloff

Bitcoin’s $10 billion credit market keeps growing after its first major selloff

0
edit post
The 0 Prescription Shock: What to Do When Medicaid Still Leaves You With a Huge Bill

The $450 Prescription Shock: What to Do When Medicaid Still Leaves You With a Huge Bill

0
edit post
The Market Miracle | Mises Institute

The Market Miracle | Mises Institute

0
edit post
Technical Analysis of Gold Prices

Technical Analysis of Gold Prices

0
edit post
The quarterly report gets a rewrite: heroes, villains and a story arc

The quarterly report gets a rewrite: heroes, villains and a story arc

0
edit post
GOP Lawmaker Brings Birthright Citizenship to Congress

GOP Lawmaker Brings Birthright Citizenship to Congress

0
edit post
Friday File: Royalties and Commodities… plus “America’s Greatest Retirement Stock”

Friday File: Royalties and Commodities… plus “America’s Greatest Retirement Stock”

July 10, 2026
edit post
The quarterly report gets a rewrite: heroes, villains and a story arc

The quarterly report gets a rewrite: heroes, villains and a story arc

July 10, 2026
edit post
Billionaires warned NYC would scare off business. Anthropic and Airbnb just bet big on the city

Billionaires warned NYC would scare off business. Anthropic and Airbnb just bet big on the city

July 10, 2026
edit post
How to Check Your Medicare Claim Status Online

How to Check Your Medicare Claim Status Online

July 10, 2026
edit post
StandardAero (SARO) Has an Aerospace Aftermarket Engine Bigger Than a Fresh-IPO Label

StandardAero (SARO) Has an Aerospace Aftermarket Engine Bigger Than a Fresh-IPO Label

July 10, 2026
edit post
US stocks today: US stocks end higher as investors turn to earnings season

US stocks today: US stocks end higher as investors turn to earnings season

July 10, 2026
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

  • Friday File: Royalties and Commodities… plus “America’s Greatest Retirement Stock”
  • The quarterly report gets a rewrite: heroes, villains and a story arc
  • Billionaires warned NYC would scare off business. Anthropic and Airbnb just bet big on the city
  • 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.