STMicroelectronics announced on January 28, 2025, a 15-year agreement with French oil major TotalEnergies to supply 1.5 terawatt hours of renewable electricity. This deal is set to power STMicroelectronics' operations across its facilities in France.
This long-term power purchase agreement is a significant step in STMicroelectronics' commitment to environmental sustainability. It contributes directly to the company's goal of achieving carbon neutrality in its operations and sourcing 100% renewable energy by 2027.
The agreement ensures a stable and green energy supply for STMicroelectronics' French sites, reinforcing its operational resilience and reducing its carbon footprint. This strategic move aligns with increasing industry and regulatory focus on sustainable manufacturing practices.
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