No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, May 5, 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
5 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
Stock index futures rise ahead of economic reports (SPX:)

Stock index futures rise ahead of economic reports (SPX:)

by TheAdviserMagazine
May 5, 2026
0

May 05, 2026, 4:14 AM ETS&P 500 Futures (SPX), INDU, US100:INDON, TDG, FIS, PKG, DVA, VTRS, US10Y, US2Y, US30YBy: Sinchita...

edit post
I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption.

I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption.

by TheAdviserMagazine
May 5, 2026
0

I spent most of the school holidays of my childhood at my father’s office in Beirut. While other children were...

edit post
Sebi seeks to align securitisation framework with RBI regulations

Sebi seeks to align securitisation framework with RBI regulations

by TheAdviserMagazine
May 4, 2026
0

Mumbai: The Securities and Exchange Board of India (Sebi) on Monday proposed easing securitisation norms, including relaxing the 25% cap...

edit post
Britney Spears pleads guilty to lesser ‘wet reckless’ charge in DUI case to avoid jail time

Britney Spears pleads guilty to lesser ‘wet reckless’ charge in DUI case to avoid jail time

by TheAdviserMagazine
May 4, 2026
0

Britney Spears pleaded guilty through her lawyer Monday to a lesser charge that will allow her to avoid jail time after...

edit post
Top U.S. oil producer declares “green” light on drilling for more oil amid Iran war

Top U.S. oil producer declares “green” light on drilling for more oil amid Iran war

by TheAdviserMagazine
May 4, 2026
0

A top oil and gas producer in West Texas’ booming Permian Basin declared a “green” light for the reluctant U.S....

edit post
US stocks today: US stocks fall from record high on Middle East worries

US stocks today: US stocks fall from record high on Middle East worries

by TheAdviserMagazine
May 4, 2026
0

Wall Street ended lower on Monday, with the S&P 500 retreating from record highs, after a South Korean ship was...

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
Florida Warning: With Senior SNAP Benefits Averaging 8/Month, Thousands Risk Losing Assistance in 2026

Florida Warning: With Senior SNAP Benefits Averaging $188/Month, Thousands Risk Losing Assistance in 2026

April 27, 2026
edit post
Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

Gavin Newsom issues ‘final warning’ amid California’s dire housing crisis — what’s at stake for millions of residents

May 3, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
The Stevia Loophole Why Some Sweetened Drinks are Still SNAP-Legal While Others are Banned in Texas

The Stevia Loophole Why Some Sweetened Drinks are Still SNAP-Legal While Others are Banned in Texas

April 4, 2026
edit post
10 Cheapest High Dividend Stocks With P/E Ratios Under 10

10 Cheapest High Dividend Stocks With P/E Ratios Under 10

April 13, 2026
edit post
Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

Exclusive: America’s largest Black-owned bank launches podcast with mission to unlock hidden shame holding back generational wealth

April 29, 2026
edit post
Why GSA’s anti-DEI certification is raising alarm in higher education

Why GSA’s anti-DEI certification is raising alarm in higher education

0
edit post
Stock index futures rise ahead of economic reports (SPX:)

Stock index futures rise ahead of economic reports (SPX:)

0
edit post
The War On Crypto Was Always About Control

The War On Crypto Was Always About Control

0
edit post
If GameStop buys eBay, Bitcoin payments could suddenly have a 135M-buyer marketplace test case

If GameStop buys eBay, Bitcoin payments could suddenly have a 135M-buyer marketplace test case

0
edit post
Hearing Loss Risk: About 1 in 3 Adults Over 65 Are Affected—Why It’s Now Linked to Faster Cognitive Decline

Hearing Loss Risk: About 1 in 3 Adults Over 65 Are Affected—Why It’s Now Linked to Faster Cognitive Decline

0
edit post
Delta Cuts Food and Beverage Service on Short Flights

Delta Cuts Food and Beverage Service on Short Flights

0
edit post
Stock index futures rise ahead of economic reports (SPX:)

Stock index futures rise ahead of economic reports (SPX:)

May 5, 2026
edit post
I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption.

I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption.

May 5, 2026
edit post
HSBC shares drop as first-quarter pre-tax profit misses estimates

HSBC shares drop as first-quarter pre-tax profit misses estimates

May 5, 2026
edit post
The War On Crypto Was Always About Control

The War On Crypto Was Always About Control

May 5, 2026
edit post
Delta Cuts Food and Beverage Service on Short Flights

Delta Cuts Food and Beverage Service on Short Flights

May 4, 2026
edit post
Vornado Realty Trust Releases Q1 2026 Financial Results

Vornado Realty Trust Releases Q1 2026 Financial Results

May 4, 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

  • Stock index futures rise ahead of economic reports (SPX:)
  • I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption.
  • HSBC shares drop as first-quarter pre-tax profit misses estimates
  • 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.