Global semiconductor company STMicroelectronics has signed a 15-year power purchase agreement (PPA) for renewable electricity to help reduce emissions at its semiconductor facilities in France.
Under the terms of the deal, TotalEnergies will provide STMicroelectronics with the renewable energy produced by two recent wind and solar farms totaling 75 MW of energy.
The PPA marks STMicroelectronics’ first in France and will support its goal of becoming carbon neutral in its operations by 2027, including the sourcing of 100% renewable energy by 2027.
It’s the first time in France that a 15-year PPA agreement has been provided.
Geoff West, Executive Vice-President and Chief Procurement Officer at STMicroelectronics, said that PPAs will play a major role in the company’s transition.
“Starting in 2025, the PPA with TotalEnergies will provide a significant level of renewable energy for ST’s operations in France, which includes R&D, design, sales, marketing, and large-volume chip manufacturing.”
STMicroelectronics has four facilities in France in Rennes, Tours, Rousset, and Crolles.
Sophie Chevalier, Senior Vice-President Flexible Power and Integration at TotalEnergies, welcomed the contract, adding, “TotalEnergies aims to be a preferred partner to support tech industry players towards their decarbonisation efforts, and this agreement showcases our commitment and capabilities.”
The PPA with STMicroelectronics follows similar contracts signed with Saint-Gobain, Air Liquide, Amazon, LyondellBasell, Merck, Microsoft, Orange, and Sasol.
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