TotalEnergies (TTE.PA) signed power purchase agreements to deliver one gigawatt of solar capacity to Google’s Texas data centers over 15 years, marking the French energy giant’s largest U.S. renewable deal.
The agreements position TotalEnergies to capitalize on surging data center energy demand driven by artificial intelligence computing needs, while providing Google with stable renewable power pricing amid volatile energy markets.
Key Takeaways
- TotalEnergies secures largest-ever U.S. renewable energy contract
- Deal covers 28 terawatt-hours over 15 years from Texas
- Google locks in stable solar pricing for AI infrastructure
Market reaction & context
The one-gigawatt capacity represents a significant milestone for TotalEnergies’ renewable expansion in the competitive U.S. market. Major energy companies including NextEra Energy (NEE.N) and Duke Energy (DUK.N) have similarly pursued large-scale corporate renewable contracts as tech giants race to secure clean power for energy-intensive operations 1.
Google’s deal underscores the mounting pressure on cloud providers to secure reliable energy sources as AI workloads drive unprecedented power consumption at data centers nationwide.
Detailed analysis
The agreements cover two solar projects: an 805-megawatt facility and a 195-megawatt installation, both scheduled for construction in 2026 2. TotalEnergies will deliver the equivalent of 28 terawatt-hours of renewable electricity over the contract’s duration, enough to power hundreds of thousands of homes annually.
The projects will generate significant local economic benefits, creating construction jobs and boosting tax revenue in Texas counties where the facilities are located 3. Texas leads the nation in renewable energy capacity, making it an attractive hub for large-scale solar development.
Strategic implications
For TotalEnergies, the deal accelerates its transition toward renewable energy as the company diversifies beyond traditional oil and gas operations. The French energy major has committed billions to clean energy investments as part of its net-zero emissions strategy by 2050.
“We are pleased to sign these agreements to supply renewable electricity to Google in Texas, representing the largest renewable PPA volume ever signed by TotalEnergies in the United States,” a company spokesperson said 4.
Industry outlook
The agreement reflects broader trends as hyperscale cloud providers lock in long-term renewable power contracts to meet sustainability commitments and hedge against energy price volatility. Data center energy consumption is projected to double by 2030, driven primarily by AI and machine learning applications.
TotalEnergies’ success in securing the Google contract positions the company to compete for additional large-scale renewable deals as other tech giants seek similar power purchase agreements across the United States.
Not investment advice. For informational purposes only.
References
1(February 9, 2026). “United States: TotalEnergies to Provide 1 GW of Solar Capacity to Power Google’s Data Centers in Texas for 15 Years”. TotalEnergies. Retrieved February 9, 2026.
2(February 9, 2026). “TotalEnergies signs 1 GW of solar PPAs for Google’s Texas data centers”. PV Magazine. Retrieved February 9, 2026.
3(February 9, 2026). “TotalEnergies to Supply 1 GW Solar Power to Google’s Texas Data Centers”. ChemXplore. Retrieved February 9, 2026.
4(February 9, 2026). “TotalEnergies Signs its Biggest U.S. Renewable Energy Deal to Power Google Data Centers”. ESG Today. Retrieved February 9, 2026.