TotalEnergies and Google sign 21-year PPA for 20 MW solar power to supply Google's data centers in Malaysia

The 21-year Power Purchase Agreement for 20 MW of solar power in Malaysia provides Google with a stable, long-term supply of 1 TWh of certified renewable energy. This extended duration locks in energy costs for Google's Malaysian data centers, mitigating future price volatility in the regional power market. For TotalEnergies, the agreement guarantees a consistent revenue stream over two decades from its solar generation asset. This structure benefits both parties by de-risking Google's operational expenses and securing TotalEnergies' project financing and returns in Malaysia. The undisclosed value suggests a bilateral negotiation focused on long-term energy security and sustainability targets rather than immediate market pricing for the 2025-12-16 announced deal. Google's commitment to clean energy is further evidenced by this 21-year PPA in Malaysia, adding 20 MW to its portfolio. The company has previously secured 7 verified deals, including nearly 1.2 GW of carbon-free energy through PPAs with Clearway, demonstrating a consistent strategy to power its operations with renewables. TotalEnergies, as a global integrated energy company focused on sustainable energy, leverages this agreement to expand its renewable footprint and provide reliable, accessible power in the Malaysian market. This transaction aligns with TotalEnergies' stated goal of delivering more affordable and sustainable energy solutions. The deal also extends Google's clean energy investments, which already span solar projects in "Ma," into Southeast Asia.