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STMicroelectronics signs 15-year renewable PPA for French semiconductor sites

Gas
January 29, 2025

Global semiconductor company STMicroelectronics has signed a 15-year power purchase agreement (PPA) for renewable electricity to help reduce emissions at its semiconductor facilities in France.

Under the terms of the deal, TotalEnergies will provide STMicroelectronics with the renewable energy produced by two recent wind and solar farms totaling 75 MW of energy.

The PPA marks STMicroelectronics’ first in France and will support its goal of becoming carbon neutral in its operations by 2027, including the sourcing of 100% renewable energy by 2027.

It’s the first time in France that a 15-year PPA agreement has been provided.

Gas
March 13, 2025

Europe unveils €4.4bn investment in South African clean energy

The European Union (EU) is to invest €4.4bn in South Africa’s clean energy industry as part of a global gateway investment package. South Africa becomes the first country to sign…

Gas
March 13, 2025

Nordea signs carbon removals deal with Inherit Carbon Solutions

Nordics financial company Nordea has signed a multi-year carbon removals contract with Norwegian company Inherit Carbon Solutions to capture and store at least 68,000 tonnes of carbon dioxide (CO2) from…