European semiconductor firm STMicroelectronics has signed a 15-year Power Purchase Agreement (PPA) with Total Energies. The PPA will power STMicroelectronics sites in France and will be supplied from two recently constructed wind and solar farms with a combined capacity of 75MW.
"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 customer's needs," said Sophie Chevalier, senior vice president of flexible power & integration at TotalEnergies.
"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," said Geoff West, chief procurement officer at STMicroelectronics.