TotalEnergies to supply renewable power to Google in Malaysia

Core Insights - TotalEnergies has signed a 21-year power purchase agreement (PPA) with Google to deliver 1TWh of certified renewable power from the Citra Energies solar plant in Malaysia [1] - The construction of the solar farm is set to begin in early 2026, with the PPA expected to commence upon financial closure anticipated in Q1 2026 [2] Company Developments - TotalEnergies, in partnership with MK Land, secured the project under Malaysia's Corporate Green Power Programme [2] - The agreement is part of Google's strategy to invest in clean energy and support local electricity system growth [3] - TotalEnergies has established similar renewable energy contracts with various companies, aiming to assist customers in achieving decarbonization goals [4] Strategic Goals - The PPA reflects TotalEnergies' capability to provide competitive power solutions tailored for major tech companies in both mature and emerging markets [6] - The company aims for a profitability target of 12% in the power sector while developing a diverse portfolio of renewable and flexible energy assets [6] Capacity and Future Targets - As of October 2025, TotalEnergies claims to have over 32GW of installed gross renewable generation capacity, with a target of 35GW by the end of 2025 and over 100TWh of net electricity production by the end of the decade [7]