TLDR
- TotalEnergies signed 15-year PPAs to supply 1 GW of solar power to Google
- The projects will deliver about 28 TWh of renewable electricity
- Solar farms in Texas will begin construction in Q2 2026
- The deal marks TotalEnergies’ largest U.S. renewable PPA
- TTE stock trades near $73.83 following the announcement
TotalEnergies SE (TTE) expanded its U.S. renewable footprint after announcing a major long-term solar agreement with Google. The stock closed at $73.83 on February 6, up 0.79%, and edged higher in pre-market trading to $74.06.
TotalEnergies SE, TTE
The deal positions TotalEnergies as a key clean energy supplier to data centers as artificial intelligence drives surging power demand.
Landmark Solar Agreement With Google
TotalEnergies signed two long-term Power Purchase Agreements to deliver 1 gigawatt of solar capacity to power Google’s data centers in Texas over 15 years. The contracts cover electricity generation equivalent to about 28 terawatt-hours of renewable power during the period.
The solar energy will be produced from two TotalEnergies-owned projects under development in Texas. The Wichita solar farm will contribute 805 megawatts peak capacity, while the Mustang Creek project will add 195 megawatts peak. Construction for both sites is scheduled to begin in the second quarter of 2026.
According to the company, this represents the largest renewable PPA volume TotalEnergies has ever signed in the United States, underscoring the scale of its clean energy ambitions.
Powering Data Centers And AI Growth
The agreements arrive as data centers face mounting pressure to secure reliable, low-carbon electricity. Google emphasized that grid stability and affordability remain priorities as it expands infrastructure tied to AI and cloud services.
Will Conkling, Google’s Director of Clean Energy and Power, said the partnership adds new generation capacity to the local system, strengthening supply for the broader region. By sourcing power from new solar projects, the deal supports growing demand without relying on existing grid capacity.
The PPAs also complement separate gross agreements of 1.2 GW recently secured by Clearway, a California-based renewables firm that is 50% owned by TotalEnergies. Those contracts support Google’s data centers across ERCOT in Texas, PJM in the Northeast, and SPP in central U.S. markets.
Benefits For Texas Communities
Beyond corporate energy needs, the Wichita and Mustang Creek projects are expected to deliver economic benefits at the local level. Several hundred jobs will be created during the construction phase, providing a temporary boost to regional employment.
Over the lifetime of the solar farms, tax revenues generated by the projects are expected to support public services in surrounding communities. TotalEnergies highlighted this local impact as part of its broader U.S. renewables strategy.
TotalEnergies U.S. Renewable Portfolio Expands
TotalEnergies currently operates a gross capacity portfolio of 10 gigawatts of onshore solar, wind, and battery storage assets across the United States. About 5 GW of that capacity sits in the ERCOT market in Texas, making the state a central pillar of its clean energy expansion.
The company also operates around 400 MW of assets in the PJM market in the Northeast. With demand from hyperscale data centers accelerating, Texas has emerged as a focal point due to land availability, strong solar resources, and supportive market structures.
Marc-Antoine Pignon, Vice President Renewables U.S. at TotalEnergies, said the Google agreement highlights the firm’s ability to deliver tailored solutions that support decarbonization goals for digital players. He noted that large-scale colocation opportunities help address land constraints and power supply challenges tied to data centers.
Strategy And Market Performance
The Google PPAs align with TotalEnergies’ longer-term goal of reaching more than 100 TWh of net electricity production by 2030. The company is building a portfolio that blends renewables with flexible assets to serve both industrial customers and technology firms.
Investors have responded positively to this strategy. TTE shares are up about 12% year to date and have delivered a 27% return over the past year, significantly outperforming France’s CAC 40 index over longer horizons.
As AI-driven electricity demand reshapes global power markets, TotalEnergies’ ability to secure large, long-duration contracts with blue-chip customers like Google strengthens its position. The Texas solar deal signals that the company is becoming a central player in supplying clean, reliable energy to the digital economy.
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