(Reuters) -Oil major TotalEnergies has agreed a 15-year power purchase deal to supply Alphabet's Google with 1.5 terawatt hours of renewable electricity from its Montpelier solar farm in Ohio, the
TotalEnergies Signs 15-Year Renewable Power Deal with Google in Ohio
TotalEnergies and Google's Renewable Energy Partnership
(Reuters) -Oil major TotalEnergies has agreed a 15-year power purchase deal to supply Alphabet's Google with 1.5 terawatt hours of renewable electricity from its Montpelier solar farm in Ohio, the French company said on Wednesday.
Details of the Power Purchase Agreement
The solar facility, which is nearing completion, is connected to the PJM grid, the largest in the United States, and will help power Google’s data centre operations in the state, it said.
Impact on Google's Data Centre Operations
"This agreement illustrates TotalEnergies’s ability to meet the growing energy demands of major tech companies by leveraging its integrated portfolio of renewable and flexible assets," said Stéphane Michel, President of Gas, Renewables and Power at TotalEnergies.
TotalEnergies' Investment Strategy
The company's growing investment in electricity is helping the company secure a steadier revenue stream and avoid the boom-and-bust cycles typical of oil and gas, CEO Patrick Pouyanne said earlier this month at the ADIPEC conference in Abu Dhabi.
The Paris-listed firm is deploying a 10 gigawatt portfolio in the United States, with onshore solar, wind and battery storage projects.
(Reporting by Alban Kacher, Editing by Louise Heavens)
