STMicroelectronics And Centrica Energy Ink A Ten-Year Power Purchase Agreement For The Supply Of Renewable Energy To Its Operations In Italy
Author: Benzinga Newsdesk | April 11, 2024 03:20am
10-year contract for energy produced by a new solar farm in Italy
PPA will support 2027 carbon neutral and 100% renewable energy sourcing goals of semiconductor manufacturer with 2 large-volume manufacturing sites in Italy
The agreement is based on the sale by Centrica of approximately 61 GWh of renewable energy per year, produced by a new solar farm in Italy. In Italy, ST operates two high-volume semiconductor manufacturing sites in Agrate (near Milan) and Catania as well as multiple R&D, design, and sales and marketing sites.