STMicroelectronics has entered into a 15‑year power purchase agreement with French solar developer TSE that will supply the company’s French manufacturing, research and development, and corporate sites with renewable electricity. The contract covers roughly 780 GWh of power generated by three 43 MW solar parks, with deliveries scheduled to begin in 2027.
This agreement marks ST’s second PPA in France and is a concrete step toward its goal of achieving carbon‑neutral operations (Scope 1 and 2) by 2027 and sourcing 100 % renewable electricity for all French facilities. Executive Vice‑President Chouaib Rokbi said the deal “reinforces our commitment to a low‑carbon future and provides a predictable, low‑cost energy source that protects us from fossil‑fuel price volatility.”
The long‑term contract delivers predictable, low‑cost renewable power, reducing the company’s reliance on fossil‑fuel‑based electricity and supporting cost stability. It also complements ST’s global renewable portfolio, which includes PPAs in Italy, Malaysia and Morocco, and strengthens the company’s ESG credentials for investors and regulators.
TSE, a leading French solar developer with a focus on agrivoltaics, brings expertise in large‑scale solar projects. President Mathieu Debonnet noted that the partnership “demonstrates how industrial sovereignty can align with the energy transition, ensuring France’s energy resilience while supporting decarbonisation.”
By securing this long‑term renewable supply, STMicroelectronics takes a tangible step toward its carbon‑neutral objectives and reinforces its position as a responsible semiconductor manufacturer, bolstering confidence in its sustainability strategy.
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