USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

274

TotalEnergies will supply 1.5 TWh to STMicroelectronics in France over 15 years

Power comes from 2 recent wind and solar farms of 75 MW operated by TotalEnergies

TotalEnergies will supply 1.5 TWh to STMicroelectronics in France over 15 years

Moscow, January 28 - Neftegaz.RU. TotalEnergies and STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, have signed a physical Power Purchase Agreement to supply renewable electricity to STMicroelectronics sites in France.

This 15-year contract, started in January 2025, represents an overall volume of 1.5 TWh.

TotalEnergies will provide STMicroelectronics with the renewable power (including the guarantee of origin) produced by two recent wind and solar farms of 75 MW operated by TotalEnergies.
This power comes with structuration services to transform intermittent production in a constant volume (baseload) of green electricity.
It's the first time in France that such a 15-year contract, is provided.
The positive impact of the wind and solar projects on the environment and on the communities was a key success factor in the signing of the deal.

Sophie Chevalier, Senior Vice President Flexible Power & Integration at TotalEnergies said:

  • we are delighted to sign this agreement with STMicroelectronics, which demonstrates our ability to provide long-term and innovative clean firm power solutions tailored to our customers' needs;
  • TotalEnergies aims to be a preferred partner to support tech industry players towards their decarbonization efforts, and this agreement showcases our commitment and capabilities.
Geoff West, EVP and Chief Procurement Officer at STMicroelectronics said:
  • this first PPA in France marks yet another important step towards ST’s goal of becoming carbon neutral in its operations (Scope 1 and 2 emissions, and partially scope 3) by 2027, including the sourcing of 100% renewable energy by 2027;
  • PPAs will play a major role in our transition, and we have already signed several to support ST’s operations in Italy and Malaysia;
  • starting in 2025, this PPA with TotalEnergies will provide a significant level of renewable energy for ST’s operations in France, which includes R&D, design, sales and marketing and large-volume chip manufacturing.


Подпишитесь

Follow us on Google News
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru