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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 12, 2025

Wood launches energy transition advisory hub in Abu Dhabi

UK-headquartered global engineering consultancy Wood has launched an energy transition hub in Abu Dhabi to provide technical, strategic, and economic solutions for clients across the Middle East, the company announced…

Gas
March 12, 2025

Europe responds to US tariffs with €26bn counter measures

The EU has announced €26bn of countermeasures to US tariffs, raising the stakes in an escalating global trade war that was instigated by the US. From today, the US is applying…