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TotalEnergies signs 15-year French renewable power deal with STMicroelectronics

Published by Global Banking & Finance Review

Posted on January 28, 2025

1 min read

· Last updated: January 27, 2026

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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

TotalEnergies and STMicroelectronics Forge 15-Year Renewable Energy Pact

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)

Key Takeaways

  • TotalEnergies and STMicroelectronics sign a 15-year renewable energy deal.
  • The agreement involves 1.5 TWh of electricity from wind and solar farms.
  • STMicroelectronics aims to run on 100% renewable energy by 2027.
  • TotalEnergies targets 100 TWh of renewable electricity by 2030.
  • Similar deals have been signed with Orange and Saint Gobain.

Frequently Asked Questions

What is the duration of the deal between TotalEnergies and STMicroelectronics?
The deal is for a duration of 15 years.
How much renewable electricity will TotalEnergies supply?
TotalEnergies will supply 1.5 terawatt hours (TWh) of renewable electricity.
What is STMicroelectronics' goal regarding renewable energy?
STMicroelectronics aims to run its business entirely on renewable energy by 2027.
What types of energy sources are included in the supply?
The renewable electricity comes from two wind and solar farms that TotalEnergies recently brought online in France.
What is TotalEnergies' target for renewable electricity production by 2030?
TotalEnergies aims to produce 100 TWh of net renewable electricity by 2030.

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