TotalEnergies (TTEF) Stock: French Energy Company Lands Google Power Deal for Solar Project

TLDR

• TotalEnergies secured a 15-year power purchase agreement with Google to deliver 1.5 terawatt hours of renewable electricity from its Ohio solar farm
• The 49-megawatt Montpelier solar facility connects to the PJM grid and will power Google’s Ohio data center operations
• TotalEnergies is building a 10-gigawatt renewable portfolio across the United States including solar, wind and battery storage
• The deal helps TotalEnergies achieve its 12% power sector profitability target while supporting Google’s carbon-free energy goals
• TotalEnergies had over 32 gigawatts of renewable capacity at end of October and targets 35 gigawatts by end of 2025

TotalEnergies just signed a deal that shows where the energy company is headed. The French giant agreed to supply Google with renewable electricity for the next 15 years from its Montpelier solar farm in Ohio.

The agreement covers 1.5 terawatt hours of certified renewable power. That’s enough electricity to keep Google’s Ohio data centers humming for years to come.

The Montpelier facility is wrapping up construction now. The 49-megawatt solar farm will plug into the PJM grid system when it goes live.

TotalEnergies SE, TTE

TotalEnergies CEO Patrick Pouyanne explained the strategy at the ADIPEC conference earlier this month. Investing in electricity generation creates steadier income compared to oil and gas. No more riding the roller coaster of commodity prices.

Strategic Move Into US Renewable Market

The Ohio project is part of something bigger. TotalEnergies is rolling out a 10-gigawatt portfolio across the United States. The mix includes solar farms, wind projects and battery storage facilities.

The company has 1 gigawatt of capacity in the PJM market. Another 4 gigawatts sit in Texas’s ERCOT market.

Stephane Michel, President of Gas, Renewables and Power at TotalEnergies, called the Google agreement proof of the company’s ability to serve major tech companies. He said it helps TotalEnergies reach its 12% profitability target in the power sector.

Google needs massive amounts of electricity for its data centers. The company wants carbon-free energy on the grids where it operates. This deal checks that box.

TotalEnergies isn’t new to corporate power agreements. The company recently closed a similar deal with Data4. These partnerships are becoming a core part of the renewable strategy.

Renewable Capacity Growth

The numbers show TotalEnergies is serious about renewable energy. The company reported more than 32 gigawatts of installed renewable generation capacity at the end of October.

The target is 35 gigawatts by the end of 2025. That deadline is just weeks away now.

Each new facility like Montpelier adds to the total. Each corporate customer like Google provides long-term revenue stability.

The 15-year term means both companies know exactly what they’re getting. TotalEnergies has a committed buyer. Google has a reliable renewable power source.

Data centers are energy hogs by nature. The 1.5 terawatt hours from Montpelier will help Google run its Ohio operations on clean power. The PJM grid connection makes it all possible.

Deal Details and Timeline

The announcement came on November 12, 2025. The Montpelier solar farm is nearing completion and should be operational soon.

TotalEnergies continues building out its US renewable presence. The 10-gigawatt portfolio spans multiple states and multiple technologies. Solar, wind and battery storage all play a role.

The Google deal represents another step in TotalEnergies’ shift away from pure oil and gas operations. The company is betting that renewable energy and corporate power deals will provide the steady cash flow that commodity markets can’t guarantee.

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Source: https://blockonomi.com/totalenergies-ttef-stock-french-energy-company-lands-google-power-deal-for-solar-project/