No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, August 1, 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
8 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
Divi’s Labs Q1 Results: Net profit rises 66% YoY to Rs 902 crore, revenue up 28%

Divi’s Labs Q1 Results: Net profit rises 66% YoY to Rs 902 crore, revenue up 28%

by TheAdviserMagazine
August 1, 2026
0

Pharma player Divi's Laboratories on Saturday reported a consolidated net profit of Rs 902 crore for the April-June quarter of...

edit post
Bloomberg delays India’s entry to global bond index yet again

Bloomberg delays India’s entry to global bond index yet again

by TheAdviserMagazine
July 31, 2026
0

Mumbai: The highly anticipated inclusion of Indian government bonds in Bloomberg’s Global Aggregate Index has been deferred once again, with...

edit post
Trump orders Iran attack as soon as this weekend, WSJ says

Trump orders Iran attack as soon as this weekend, WSJ says

by TheAdviserMagazine
July 31, 2026
0

President Donald Trump has ordered the US military to carry out a new attack on Iran as soon as this...

edit post
LinkedIn adds ‘AI slop’ button after blocking billions of automated comment attempts

LinkedIn adds ‘AI slop’ button after blocking billions of automated comment attempts

by TheAdviserMagazine
July 31, 2026
0

While the rest of the online world is increasingly being shaped by AI, LinkedIn is making it easier to flag...

edit post
US stocks: US market ends higher as Amazon soothes AI jitters

US stocks: US market ends higher as Amazon soothes AI jitters

by TheAdviserMagazine
July 31, 2026
0

Wall Street ended higher on Friday, lifted by Amazon as the tech heavyweight's strong quarterly report bolstered investor confidence in...

edit post
Want to trade SpaceX for Apple? 1inch says skip the dollars

Want to trade SpaceX for Apple? 1inch says skip the dollars

by TheAdviserMagazine
July 31, 2026
0

1inch, a leading decentralized finance (DeFi) protocol, just announced the launch of it's new shared liquidity protocol, Aqua. It promises...

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
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 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
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
Top Democrats Are Trapped in a Catch 22

Top Democrats Are Trapped in a Catch 22

July 6, 2026
edit post
2 judges suspended in separate cases after being indicted on criminal charges

2 judges suspended in separate cases after being indicted on criminal charges

July 9, 2026
edit post
Generation Capital wins battle for Shikun & Binui Energy

Generation Capital wins battle for Shikun & Binui Energy

0
edit post
Why I Find After-Hours Easy to Trade

Why I Find After-Hours Easy to Trade

0
edit post
Silver prices today, Friday, July 31, 2026: Silver briefly rises above  after U.S. pauses airstrikes

Silver prices today, Friday, July 31, 2026: Silver briefly rises above $59 after U.S. pauses airstrikes

0
edit post
They Worked To Protect Public Health. Now They Want the Public’s Votes.

They Worked To Protect Public Health. Now They Want the Public’s Votes.

0
edit post
The court and the “opinions of mankind”

The court and the “opinions of mankind”

0
edit post
Pfizer Altered America’s Cheese Supply

Pfizer Altered America’s Cheese Supply

0
edit post
Divi’s Labs Q1 Results: Net profit rises 66% YoY to Rs 902 crore, revenue up 28%

Divi’s Labs Q1 Results: Net profit rises 66% YoY to Rs 902 crore, revenue up 28%

August 1, 2026
edit post
Grayscale Sees 3,000 Onchain Vaults With B+ as Next Crypto Breakout

Grayscale Sees 3,000 Onchain Vaults With $7B+ as Next Crypto Breakout

August 1, 2026
edit post
Bloomberg delays India’s entry to global bond index yet again

Bloomberg delays India’s entry to global bond index yet again

July 31, 2026
edit post
6 Signs That World War III Is About To Get Even Larger

6 Signs That World War III Is About To Get Even Larger

July 31, 2026
edit post
Dalio calls AI the biggest bubble since 1929. Murata says the spending boom is ending

Dalio calls AI the biggest bubble since 1929. Murata says the spending boom is ending

July 31, 2026
edit post
Psychology says people who are the first to check on everyone else but the last to be checked on aren’t unlucky in their friendships — they’ve built a role in every relationship that quietly disqualifies them from ever being the one who needs something

Psychology says people who are the first to check on everyone else but the last to be checked on aren’t unlucky in their friendships — they’ve built a role in every relationship that quietly disqualifies them from ever being the one who needs something

July 31, 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

  • Divi’s Labs Q1 Results: Net profit rises 66% YoY to Rs 902 crore, revenue up 28%
  • Grayscale Sees 3,000 Onchain Vaults With $7B+ as Next Crypto Breakout
  • Bloomberg delays India’s entry to global bond index yet again
  • 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.