TotalEnergies has signed a 15-year physical power purchase agreement (PPA) to deliver 1.5 terawatt hours (TWh) of renewable electricity to STMicroelectronics’ facilities in France.
Under the long-term contract, commencing in January 2025, TotalEnergies will supply renewable power generated by its two new wind and solar farms with a combined capacity of 75MW.
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The energy provided will include guarantees of origin, certifying its renewable nature.
TotalEnergies will also offer structuring services to ensure that the intermittent production from these sources is converted into a consistent supply of green electricity.
TotalEnergies flexible power and integration senior vice-president Sophie Chevalier stated: “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 decarbonisation efforts, and this agreement showcases our commitment and capabilities.”
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By GlobalDataSTMicroelectronics is a semiconductor technology company serving the electronics sector.
STMicroelectronics executive vice-president and chief procurement officer Geoff West added: “This first PPA in France marks yet another important step towards ST’s goal of becoming carbon neutral in its operations […] 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 research and development, design, sales and marketing and large-volume chip manufacturing.”
