#Binance #Total let's talk finance #COMPANY | TotalEnergies focuses on the long term to support the data center revolution
When we talk about TotalEnergies, we often think of an oil and gas group.
But the industrial reality is today much broader — and decidedly oriented towards the energy transition.
→ TotalEnergies has signed two long-term power purchase agreements (PPAs) with Google, to supply its Texas data centers for 15 years.
• In total, 1 GW of solar capacity, or 28 TWh of renewable electricity over the duration of the contracts.
This electricity will come from two solar parks owned and developed by TotalEnergies in Texas:
→ Wichita (805 MWc)
» Mustang Creek (195 MWc)
Their construction is expected to begin in the second half of 2026.
• A clear industrial logic
These new contracts fit into a readable strategy:
→ Secure long-term revenues through contracts with major digital players
→ Meet the explosion in energy needs related to data centers and AI
» Deploy renewable assets on a large scale in key markets like Texas
They add to the 1.2 GW of PPAs already signed through Clearway, a renewable developer 50% owned by TotalEnergies, across several U.S. electric markets.
4 Assets, contracts, visibility
Today, TotalEnergies has approximately
10 GW of solar, wind, and battery storage capacities in operation in the United States, mainly in the ERCOT (Texas) and PJM markets.
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