TotalEnergies signs major solar agreements with Google
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 09 2026
0mins
Should l Buy TTE?
TotalEnergies' stock rose by 3.28% as it reached a 52-week high amid positive market conditions.
The company has signed two long-term Power Purchase Agreements with Google to deliver 1 GW of solar capacity, expected to provide 28 TWh of renewable electricity over 15 years for data centers in Texas. This marks the largest renewable PPA signed by TotalEnergies in the U.S., reflecting its strategic focus on renewable energy solutions. The solar projects will generate power from TotalEnergies' Wichita and Mustang Creek sites, with construction slated to begin in Q2 2026, anticipated to create several hundred jobs during the construction phase.
This agreement not only enhances Google's power supply capabilities but also supports its decarbonization goals, further solidifying TotalEnergies' competitive position in the global energy market.
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Analyst Views on TTE
Wall Street analysts forecast TTE stock price to fall
16 Analyst Rating
8 Buy
8 Hold
0 Sell
Moderate Buy
Current: 88.480
Low
60.04
Averages
71.67
High
90.93
Current: 88.480
Low
60.04
Averages
71.67
High
90.93
About TTE
TotalEnergies SE is a France-based company. The Company is predominantly engaged in the business as a worldwide oil group. Its segment divisions are divided into refining and chemistry such as refining of petroleum products and manufacture of basic chemistry and of specialty chemistry, petroleum products distribution, electricity generation from combined cycle gas plants and renewable energies, gas production, trading, transport and distribution primarily includes liquefied natural gas, natural gas, biogas, hydrogen, liquefied petroleum gas and hydrocarbon operating and production. The group is also operating in trading and sea transport of crude oil and oil products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Rising Debt Levels: Shell's net debt rose to $52.6 billion at the end of Q1 from $45.7 billion at the end of last year, primarily due to the negative impact of rising oil prices on inventory values, although analysts view this as a minor negative factor.
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See More
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Exploration Management Insights: Area exploration managers indicate that the timeline for drilling is dependent on the results of seismic assessments.
See More
