TotalEnergies (TTE) Stock: Company Signs Largest U.S. Renewable Deal with Google

TLDR

• TotalEnergies signed two 15-year power purchase agreements to supply 1 gigawatt of solar capacity to Google’s Texas data centers
• The deals will deliver 28 terawatt-hours of renewable power from the Wichita (805 MWp) and Mustang Creek (195 MWp) solar farms
• Construction on both Texas solar projects is scheduled to begin in the second quarter of 2026
• This represents the largest volume of renewable power purchase agreements TotalEnergies has ever signed in the United States
• TotalEnergies already indirectly supplies Google with 1.2 GW through its 50% stake in California-based Clearway

TotalEnergies struck two major power purchase agreements with Google on Monday. The French energy company will supply 1 gigawatt of solar capacity to Google’s data centers in Texas.

The 15-year contracts mark TotalEnergies’ largest renewable energy deal in the United States. The agreements will deliver 28 terawatt-hours of renewable power over the contract period.

Two Texas solar farms will supply the electricity. The Wichita solar farm will provide 805 megawatts of capacity. The Mustang Creek facility will add 195 megawatts.

TotalEnergies SE, TTE

Both projects are owned by TotalEnergies and currently under development. Construction is set to begin in the second quarter of 2026.

The deals tap into surging electricity demand driven by artificial intelligence data centers. Google’s data operations require massive amounts of power to run AI computing systems.

TotalEnergies Expands Texas Energy Footprint

TotalEnergies has positioned itself in the deregulated ERCOT market in Texas. The company operates 5 gigawatts of capacity in the Texas grid.

Price volatility in deregulated markets creates trading opportunities for energy companies. TotalEnergies has bucked the industry trend by continuing to invest in renewables alongside gas-fired plants.

Marc-Antoine Pignon, TotalEnergies’ vice president for U.S. renewables, confirmed the record-breaking deal size. The contracts represent the company’s largest renewable power purchase volume in America.

TotalEnergies already supplies Google indirectly through its 50% stake in Clearway. The California-based renewables company recently signed separate deals worth 1.2 gigawatts.

Google Secures Power for Growing Data Center Needs

Those Clearway contracts supply Google data centers across three U.S. power markets. The agreements cover the ERCOT market in Texas, PJM in the Northeast, and SPP in central United States.

Will Conkling, Google’s director of clean energy and power, said the TotalEnergies agreement adds new generation to the local system. The deal boosts affordable and reliable power supply for the entire region.

The solar projects will create several hundred construction jobs. Local communities will receive tax revenues over the lifetime of the facilities.

TotalEnergies operates a gross portfolio of 10 gigawatts of renewable assets in the United States. The portfolio includes onshore solar, wind, and battery storage.

The company holds 5 gigawatts in the ERCOT market and 400 megawatts in the PJM market. As of October 2025, TotalEnergies had more than 32 gigawatts of installed renewable capacity globally.

The company targets more than 100 terawatt-hours of net electricity production by 2030. The Google deals help TotalEnergies advance toward that renewable energy goal.

Both solar farms in Texas are expected to begin operations after construction completes in 2026.

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