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


28 Jan 2025

  • 1st PPA in France for STMicroelectronics aiming at 100% renewable sourcing by 2027
  • Power comes from 2 recent wind and solar farms of 75 MW operated by TotalEnergies
Photo - see caption

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.

'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,' said Sophie Chevalier, Senior Vice President Flexible Power & Integration at TotalEnergies. 'TotalEnergies aims to be a preferred partner to support tech industry players towards their decarbonization efforts, and this agreement showcases our commitment and capabilities.'

'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,' said Geoff West, EVP and Chief Procurement Officer at STMicroelectronics. '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.'

Tailored solutions for the specific needs of our customers worldwide

The PPA with STMicroelectronics follows similar contracts signed with Saint-GobainAir LiquideAmazonLyondellBasell, MerckMicrosoftOrange and Sasol, and provides a further illustration of TotalEnergies’ ability to develop innovative solutions by leveraging its diverse asset portfolio to support its customers’ decarbonization efforts.

(1) In the case of a “physical” Power Purchase Agreement (PPA), the renewable electricity and the associated guarantees of origin are delivered to the customer, as opposed to the “virtual” PPA, where only the guarantees of origin are delivered to the customer, and the electricity produced is sold to the grid.

Original announcement link

Source: TotalEnergies





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