Published by Global Banking & Finance Review®
Posted on January 28, 2025
1 min readLast updated: January 27, 2026
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TotalEnergies and STMicroelectronics have entered a 15-year deal for 1.5 TWh of renewable electricity, advancing their sustainability goals.
By America Hernandez
PARIS -French oil major TotalEnergies has signed a 15-year deal with STMicroelectronics to supply 1.5 terawatt hours (TWh) of renewable electricity to power the semiconductor company's operations in France, the companies said on Tuesday.
The electricity, which began flowing this month, comes from two wind and solar farms that Total brought online in France recently.
STMicroelectronics said the deal was part of efforts to run its business wholly on renewable energy by 2027 and followed similar contracts in Italy and Malaysia.
For TotalEnergies, the contract helps to grow its integrated power business as it seeks to produce 100 TWh of net renewable electricity by 2030.
Total has signed similar supply deals in France with Orange and Saint Gobain.
(Reporting by America Hernandez in Paris and Alban Kacher in GdanskEditing by David Goodman)
The deal is for a duration of 15 years.
TotalEnergies will supply 1.5 terawatt hours (TWh) of renewable electricity.
STMicroelectronics aims to run its business entirely on renewable energy by 2027.
The renewable electricity comes from two wind and solar farms that TotalEnergies recently brought online in France.
TotalEnergies aims to produce 100 TWh of net renewable electricity by 2030.
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