Renewable Energy PPA
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TotalEnergies signs 15-year solar PPA with Google
Yahoo Finance· 2026-02-09 13:35
Core Insights - TotalEnergies has signed two long-term power purchase agreements (PPAs) with Google to provide 1GW of solar energy in Texas over 15 years, generating 28TWh of energy for Google's data centers [1][2] - The construction of the Wichita and Mustang Creek solar sites is expected to begin in Q2 2026, contributing to local job creation and tax revenues [1][4] - TotalEnergies' strategy focuses on delivering renewable energy solutions that support the decarbonization goals of digital players, particularly data centers [5] Company Developments - The newly established PPAs enhance previous agreements for 1.2GW secured by Clearway, a renewable energy company partly owned by TotalEnergies [2][3] - TotalEnergies operates a portfolio in the US with a total gross capacity of 10GW, including onshore solar, wind, and battery storage assets [5][6] - The agreement with Google represents the largest renewable PPA volume ever signed by TotalEnergies in the US [4]