REG-TotalEnergies SE Renewable Power: TotalEnergies Will Supply 1.5 TWh to STMicroelectronics in France Over 15 years

TotalEnergies SEAnnouncement

28/01/2025 15:15

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Renewable Power: TotalEnergies Will Supply 1.5 TWh to STMicroelectronics in
France Over 15 years


 * 1(st) 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

 

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 physical(1) 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-Gobain
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fnews%2Fpress-releases%2Fdecarbonizing-french-industry-totalenergies-signs-renewable-electricity-supply&esheet=54194170&newsitemid=20250128679211&lan=en-US&anchor=Saint-Gobain&index=1&md5=34c219236e99217d4db97050c498367d)
, Air Liquide
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fmedia%2Fnews%2Fpress-releases%2Fbelgium-totalenergies-signs-renewable-power-purchase-agreement-air&esheet=54194170&newsitemid=20250128679211&lan=en-US&anchor=Air+Liquide&index=2&md5=931661cb1bfaf6f48230ffe364b8e176)
, Amazon
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fmedia%2Fnews%2Fpress-releases%2Ftotalenergies-and-amazon-announce-strategic-collaboration&esheet=54194170&newsitemid=20250128679211&lan=en-US&anchor=Amazon&index=3&md5=9dd90bfcb09a87e36c682d92a3bc96c7)
, LyondellBasell
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fmedia%2Fnews%2Fpress-releases%2Funited-states-totalenergies-will-supply-lyondellbasell-through-two-long&esheet=54194170&newsitemid=20250128679211&lan=en-US&anchor=LyondellBasell&index=4&md5=d8b653f1f875bb3d406b50364825cd8f)
, Merck
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fmedia%2Fnews%2Fpress-releases%2Fspain-total-signs-45-mw-renewable-corporate-power-purchase-agreement&esheet=54194170&newsitemid=20250128679211&lan=en-US&anchor=Merck&index=5&md5=2026645ab50c34d3889362f8415a18e3)
, Microsoft
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fmedia%2Fnews%2Fpress-releases%2Ftotal-and-microsoft-partner-drive-digital-innovation-and-net-zero-goals&esheet=54194170&newsitemid=20250128679211&lan=en-US&anchor=Microsoft&index=6&md5=3ac7c9aebcc3673405cb50f8b91437bf)
, Orange
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fmedia%2Fnews%2Fpress-releases%2Forange-signs-a-major-green-power-purchase-agreement-with-Total&esheet=54194170&newsitemid=20250128679211&lan=en-US&anchor=Orange&index=7&md5=09b651eb511b9cf6230eae17283510af)
and Sasol
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftotalenergies.com%2Fmedia%2Fnews%2Fpress-releases%2Fsouth-africa-totalenergies-signs-renewable-power-purchase-agreements&esheet=54194170&newsitemid=20250128679211&lan=en-US&anchor=Sasol&index=8&md5=84ff313f6f106f20f7db2af95ca55373)
, and provides a further illustration of TotalEnergies’ ability to develop
innovative solutions by leveraging its diverse asset portfolio to support its
customers’ decarbonization efforts.

***

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
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.st.com&esheet=54194170&newsitemid=20250128679211&lan=en-US&anchor=www.st.com&index=9&md5=a011624cbf603e1f99437fa881f6c9b5)
.

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
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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.

STMicroelectronics 

Media relations:

Alexis Breton – Corporate External Communications

+33 6 59 16 79 08 alexis.breton@st.com 
(mailto:alexis.breton@st.com) 
Investor Relations:

Jérôme Ramel – EVP Corporate Development & Integrated External
Communication

+41 22 929 59 20 jerome.ramel@st.com (mailto:jerome.ramel@st.com)

TotalEnergies 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
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Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



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