- TotalEnergies (TSX:TTES;NYSE:TTE) and Alphabet’s (TSX/NASDAQ:GOOG) Google signed a 21-year renewable energy agreement in Malaysia representing 1 TWh or 20 MW
- TotalEnergies is a global integrated energy company active in approximately 120 countries
- TotalEnergies stock last traded at C$23.65
TotalEnergies (TSX:TTES;NYSE:TTE) and Alphabet’s (TSX/NASDAQ:GOOG) Google signed a 21-year renewable energy agreement in Malaysia representing 1 TWh or 20 MW.
TotalEnergies will power Google’s data center operations in the Southeast Asian country through its Citra Energies solar plant in the northern Kedah province, which will begin construction in 2026.
The Malaysian Energy Commission awarded the project to TotalEnergies and its local partner, MK Land, in August 2023, granting them 49 per cent and 51 per cent ownership, respectively, as part of Malaysia’s Corporate Green Power Programme.
The news follows an agreement signed in November to power Google’s data centers in the United States, as well as other similar deals with top global companies, including Amazon, Air Liquide, Merck and Microsoft, highlighting TotalEnergies’ concentrated exposure to the green energy transition.
TotalEnergies has more than 32 GW of installed gross renewable energy capacity as of October 2025 – diversified across solar, onshore wind and offshore wind – and intends to reach 35 GW by year-end and more than 100 TWh of net electricity production by 2030.
“We’re thrilled to build on our collaboration with TotalEnergies in Malaysia. This agreement is a key part of our strategy to make meaningful investments that benefit the economies where we operate. By enabling this new clean capacity, we are supporting local growth of the electricity system hosting our infrastructure,” Giorgio Fortunato, Google’s head of clean energy and power for Asia Pacific, said in Tuesday’s news release.
“We are delighted to strengthen our collaboration with Google through this agreement to supply renewable electricity to their new data center in Malaysia,” added Sophie Chevalier, senior vice president of flexible power and integration at TotalEnergies. “This agreement illustrates our company’s ability to offer competitive power solutions tailored to the needs of major tech groups, both in mature markets, such as the United States and Europe, and in emerging countries like Malaysia. It also contributes to achieving our target of 12 per cent profitability in the power sector.”
About TotalEnergies
TotalEnergies is a global energy company producing oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables and electricity. The company is active in approximately 120 countries and employs more than 100,000 people.
TotalEnergies stock (TSX:TTES;NYSE:TTE) last traded at C$23.65.
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