Renewable Power: TotalEnergies Will Supply 1.5 TWh to STMicroelectronics in France Over 15 years
TotalEnergies (TTE) and STMicroelectronics (STM) have signed a significant 15-year physical Power Purchase Agreement (PPA) starting January 2025. Under this agreement, TotalEnergies will supply 1.5 TWh of renewable electricity to STMicroelectronics' French facilities from two recently operated 75 MW wind and solar farms.
This marks STMicroelectronics' first PPA in France, supporting their goal of achieving 100% renewable energy sourcing by 2027 and becoming carbon neutral in operations. The agreement includes innovative structuration services to convert intermittent production into constant baseload green electricity, representing the first such 15-year contract in France.
This deal joins TotalEnergies' portfolio of similar agreements with major companies like Saint-Gobain, Air Liquide, Amazon, and Microsoft, demonstrating their growing capability in supporting industrial decarbonization efforts.
TotalEnergies (TTE) e STMicroelectronics (STM) hanno firmato un importante contratto di acquisto di energia elettrica (PPA) di 15 anni a partire da gennaio 2025. In base a questo accordo, TotalEnergies fornirà 1,5 TWh di elettricità rinnovabile agli impianti francesi di STMicroelectronics provenienti da due nuovi parchi eolici e solari operativi da 75 MW.
Questo segna il primo PPA di STMicroelectronics in Francia, a sostegno del loro obiettivo di raggiungere il 100% di approvvigionamento energetico rinnovabile entro il 2027 e di diventare carbon neutral nelle operazioni. L'accordo include servizi di strutturazione innovativa per convertire la produzione intermittente in elettricità verde costante, rappresentando il primo contratto di questo tipo della durata di 15 anni in Francia.
Questo accordo si aggiunge al portafoglio di TotalEnergies di contratti simili con importanti aziende come Saint-Gobain, Air Liquide, Amazon e Microsoft, dimostrando la loro crescente capacità di supportare gli sforzi di decarbonizzazione industriale.
TotalEnergies (TTE) y STMicroelectronics (STM) han firmado un importante acuerdo de compra de energía (PPA) de 15 años que comenzará en enero de 2025. En virtud de este acuerdo, TotalEnergies suministrará 1,5 TWh de electricidad renovable a las instalaciones francesas de STMicroelectronics proveniente de dos parques eólicos y solares de 75 MW recientemente operativos.
Este contrato marca el primer PPA de STMicroelectronics en Francia, apoyando su objetivo de lograr un abastecimiento de energía 100% renovable para 2027 y de alcanzar la neutralidad de carbono en sus operaciones. El acuerdo incluye servicios de estructuración innovadores para convertir la producción intermitente en electricidad verde constante, representando así el primer contrato de 15 años de este tipo en Francia.
Este acuerdo se suma al portafolio de TotalEnergies de acuerdos similares con importantes empresas como Saint-Gobain, Air Liquide, Amazon y Microsoft, demostrando su creciente capacidad para apoyar los esfuerzos de descarbonización industrial.
TotalEnergies (TTE)와 STMicroelectronics (STM)가 2025년 1월부터 시작되는 15년 간의 물리적 전력 구매 계약(PPA)을 체결했습니다. 이 계약에 따라 TotalEnergies는 75 MW의 풍력 및 태양광 발전소에서 생산된 1.5 TWh의 재생 가능 전기를 STMicroelectronics의 프랑스 시설에 공급합니다.
이번 계약은 STMicroelectronics가 프랑스에서 체결한 첫 번째 PPA로, 2027년까지 100% 재생 가능 에너지 조달 목표를 달성하고 운영 부문에서 탄소 중립을 이룰 수 있도록 지원합니다. 이 계약은 간헐적인 생산을 상시 기저 전력인 녹색 전기로 전환하기 위한 혁신적인 구조화 서비스를 포함하고 있으며, 이는 프랑스에서 체결된 15년 계약 중 최초의 사례입니다.
이 거래는 Saint-Gobain, Air Liquide, Amazon 및 Microsoft와 같은 주요 기업들과의 유사한 계약 포트폴리오에 추가되며, 산업 탈탄소화 노력 지원 능력이 성장하고 있음을 보여줍니다.
TotalEnergies (TTE) et STMicroelectronics (STM) ont signé un accord important d'achat d'électricité (PPA) de 15 ans à compter de janvier 2025. Dans le cadre de cet accord, TotalEnergies fournira 1,5 TWh d'électricité renouvelable aux installations françaises de STMicroelectronics, provenant de deux parcs éoliens et solaires récemment opérationnels de 75 MW.
Cela marque le premier PPA de STMicroelectronics en France, soutenant leur objectif d'atteindre 100% d'approvisionnement en énergie renouvelable d'ici 2027 et de devenir neutres en carbone dans leurs opérations. L'accord comprend des services de structuration innovants pour convertir la production intermittente en électricité verte constante, représentant ainsi le premier contrat de ce type de 15 ans en France.
Cet accord s'ajoute au portefeuille d'accords similaires de TotalEnergies avec de grandes entreprises comme Saint-Gobain, Air Liquide, Amazon et Microsoft, démontrant leur capacité croissante à soutenir les efforts de décarbonisation industrielle.
TotalEnergies (TTE) und STMicroelectronics (STM) haben einen bedeutenden 15-jährigen physikalischen Stromabnahmevertrag (PPA) unterzeichnet, der im Januar 2025 beginnt. Im Rahmen dieses Vertrags wird TotalEnergies 1,5 TWh erneuerbare Elektrizität an die französischen Anlagen von STMicroelectronics aus zwei kürzlich betriebenen Wind- und Solarparks mit 75 MW liefern.
Dieser Vertrag markiert das erste PPA von STMicroelectronics in Frankreich und unterstützt deren Ziel, bis 2027 100% erneuerbare Energie zu beziehen und in den Betriebsabläufen kohlenstoffneutral zu werden. Der Vertrag umfasst innovative Strukturierungsdienste, um intermittierende Produktion in konstante Grundlast-Grünernergie umzuwandeln, was den ersten solchen 15-Jahres-Vertrag in Frankreich darstellt.
Dieses Geschäft reiht sich in das Portfolio von TotalEnergies ähnlicher Vereinbarungen mit großen Unternehmen wie Saint-Gobain, Air Liquide, Amazon und Microsoft ein und zeigt deren wachsende Fähigkeit zur Unterstützung von Anstrengungen zur industriellen Dekarbonisierung.
- Secured long-term revenue stream through 15-year PPA contract
- Demonstrates growing capability in providing baseload renewable power solutions
- Expands renewable energy customer portfolio with major tech industry client
- None.
Insights
This landmark 15-year PPA between TotalEnergies and STMicroelectronics represents a significant advancement in France's corporate renewable energy landscape. The 1.5 TWh agreement is particularly noteworthy for its innovative structuration service that transforms intermittent renewable power into baseload supply - a first of its kind in France for such duration.
The deal carries strategic importance for both parties. For TotalEnergies, it strengthens its position in the corporate PPA market, adding STMicroelectronics to an impressive portfolio including tech giants like Microsoft and Amazon. This demonstrates TotalEnergies' growing capability to serve high-reliability power needs of semiconductor manufacturing - a important differentiator in the energy market.
For STMicroelectronics, securing long-term renewable power is essential for its operations and environmental commitments. Semiconductor manufacturing is highly energy-intensive and this agreement provides price predictability while supporting their carbon neutrality goals. The baseload structuration is particularly valuable for maintaining consistent power supply for sensitive manufacturing processes.
The timing and structure of this deal are strategically significant amid Europe's energy transition. Long-term PPAs are becoming increasingly vital for corporate energy security and price stability, especially given recent energy market volatility. This agreement's 15-year duration sets a new benchmark for corporate renewable energy procurement in France.
This PPA is a strategic coup for STMicroelectronics in the highly competitive semiconductor industry. Securing long-term, reliable renewable power is important for maintaining operational stability in chip manufacturing, where even millisecond power fluctuations can impact production yields. The baseload structuration service is particularly valuable for maintaining the consistent power supply required for sensitive semiconductor fabrication processes.
The agreement aligns with the semiconductor industry's increasing focus on environmental sustainability and operational efficiency. As major tech companies and automotive manufacturers prioritize suppliers with strong environmental credentials, STMicroelectronics' commitment to 100% renewable energy by 2027 positions them favorably in the market.
The timing is particularly strategic given the global push for semiconductor manufacturing sovereignty and sustainability. This PPA supports STMicroelectronics' French operations, which are important for European semiconductor independence, while simultaneously advancing their environmental goals. The agreement's structure suggests careful consideration of both operational requirements and sustainability targets, demonstrating sophisticated energy procurement strategy.
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1st PPA in
France for STMicroelectronics aiming at100% renewable sourcing by 2027 - Power comes from 2 recent wind and solar farms of 75 MW operated by TotalEnergies
PARIS & GENEVA--(BUSINESS WIRE)-- Regulatory News:
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications, have signed a physical1 Power Purchase Agreement to supply renewable electricity to STMicroelectronics sites in
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
"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
Tailored solutions for the specific needs of our customers worldwide
The PPA with STMicroelectronics follows similar contracts signed with Saint-Gobain, Air Liquide, Amazon, LyondellBasell, Merck, Microsoft, Orange 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.
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About STMicroelectronics
At ST, we are over 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and connectivity. We are committed to achieving our goal to become carbon neutral on scope 1 and 2 and partially scope 3 by 2027. Further information can be found at www.st.com.
TotalEnergies and electricity
As part of its ambition to get to net zero by 2050, TotalEnergies is building a world class cost-competitive portfolio combining renewables (solar, onshore and offshore wind) and flexible assets (CCGT, storage) to deliver clean firm power to its customers. By the end of 2024, TotalEnergies’ gross renewable electricity generation installed capacity reached over 24 GW. TotalEnergies will continue to expand this business to reach 35 GW in 2025 and more than 100 TWh of net electricity production by 2030.
About TotalEnergies
TotalEnergies is a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to provide as many people as possible with energy that is more reliable, more affordable and more sustainable. Active in about 120 countries, TotalEnergies places sustainability at the heart of its strategy, its projects and its operations.
@TotalEnergies TotalEnergies TotalEnergies TotalEnergies
Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
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.
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FAQ
What is the size and duration of TotalEnergies' (TTE) new PPA with STMicroelectronics?
How much renewable power capacity will TTE provide to STMicroelectronics in France?
What makes TTE's 2025 PPA with STMicroelectronics unique in France?
How does this PPA align with STMicroelectronics' sustainability goals?
Which other major companies have similar PPAs with TotalEnergies (TTE)?
