Renewable power: STMicroelectronics and TSE sign 15-Year PPA to power French sites with solar energy
MWN-AI** Summary
STMicroelectronics (NYSE: STM), a global leader in semiconductor technology, has entered into a 15-year Power Purchase Agreement (PPA) with TSE, a prominent solar energy and agrivoltaics player in France. This agreement signifies STMicroelectronics' commitment to its sustainability goals, committing to sourcing 100% renewable electricity by 2027, thereby progressing towards carbon neutrality for its operations in terms of Scope 1 and 2 emissions and partial Scope 3 emissions.
Under this PPA, TSE will supply approximately 780 GWh of renewable energy from three solar parks, with a combined capacity of 43 MW, starting in 2027. The deal highlights STMicroelectronics’ ongoing efforts to increase its renewable energy usage across various operations, including research and development, design, large-scale chip manufacturing, and sales and marketing activities in France.
Mathieu Debonnet, President and Co-founder of TSE, emphasized the partnership's role in enhancing France’s energy resilience and aligning industrial sovereignty with energy transition goals. He noted that the agreement reflects TSE's capability in delivering decarbonized energy, thereby supporting the environmental, social, and governance (ESG) commitments of various companies, including STMicroelectronics.
The collaboration between STMicroelectronics and TSE also adds to TSE’s growing portfolio, which includes recent partnerships with notable firms to provide decarbonized energy solutions. TSE, founded in 2016, has established itself as a significant player in renewable energy, operating across the entire solar energy value chain and leading innovative projects, including the development of agrivoltaic solutions.
This partnership marks a significant milestone for both companies, underscoring the vital role of renewable energy in modern industrial strategies and the transition towards a more sustainable future.
MWN-AI** Analysis
The recent 15-year Power Purchase Agreement (PPA) between STMicroelectronics (STM) and TSE highlights a significant advancement in the renewable energy sector, particularly solar energy, which warrants attention from investors. STMicroelectronics is committing to sourcing 100% renewable electricity by 2027, accentuating its focus on environmental sustainability and carbon neutrality. The contract, encompassing the supply of approximately 780 GWh from three solar parks, demonstrates not only a commitment to green energy but also positions STM strategically within a market increasingly pushing for decarbonization.
From a financial perspective, STMicroelectronics presents a robust opportunity. Its ongoing efforts to enhance sustainability through renewable energy contracts mitigate risk related to future energy price volatility and regulatory changes associated with carbon emissions. The global semiconductor market is on a growth trajectory, and as STM integrates more renewable sources, it potentially enhances operational efficiency and could reduce costs in the long run. This PPA is likely to attract environmentally conscious investors, aligning STM with ESG (Environmental, Social, and Governance) criteria that are increasingly pivotal in investment decisions.
Conversely, TSE's growth trajectory as a renewable energy provider creates an appealing case for investment. With a strong portfolio and ongoing expansion in solar and agrivoltaic innovations, TSE is positioned to meet the increasing demand for sustainable energy solutions. Their successful fundraising efforts position them for accelerated growth, and strategic partnerships amplify their capabilities.
Investors should consider both companies as potential leaders in their respective sectors of semiconductor technology and renewable energy. As global demand for sustainable practices and technologies rises, both STMicroelectronics and TSE could provide significant returns, supported by legislative trends favoring green investments. In conclusion, the expanding intersection of technology and sustainable energy should be a focal point in investment strategies moving forward.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Renewable power: STMicroelectronics and TSE sign 15-Year PPA
to power French sites with solar energy
15-year contract for TSE to supply approximately 780 GWh of renewable electricity from three solar parks (43 MW total) to STMicroelectronics’ sites in France starting in 2027.
Paris, France; Geneva, Switzerland -- 20 November 2025 -- TSE , a leading player in solar energy and agrivoltaics in France, and STMicroelectronics (NYSE:STM) , a global semiconductor leader serving customers across the spectrum of electronics applications, have signed a physical Power Purchase Agreement (PPA) to supply renewable electricity from solar parks to STMicroelectronics’ sites in France.
TSE will supply STMicroelectronics with renewable power generated by three solar parks in France, operated by TSE, totaling approximately 43 MW. This 15-year contract, starting in 2027, represents an overall volume of around 780 GWh.
“This is our second PPA in France, marking 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 electricity by 2027,” said Chouaib Rokbi, Executive Vice-President DTIT and Global Procurement Organization, STMicroelectronics. “PPAs play a major role in our transition, and we have already signed several to support ST’s operations in France, Italy, Malaysia and Morocco. Starting in 2027, this PPA with TSE will increase the contribution of renewable energy for ST’s operations in France, which includes R&D, design, sales and marketing, and large-volume chip manufacturing.”
"France’s energy resilience is built on action and ambition. This partnership with STMicroelectronics demonstrates our collective ability to align industrial sovereignty with the energy transition. To remain a strong and competitive nation, France must secure sovereign, abundant, decarbonized, and cost-effective energy,” said Mathieu Debonnet, President and Co-founder, TSE. “Following agreements with BioMérieux, Les Mousquetaires, Agrial, and Albea, this contract with STMicroelectronics further demonstrates confidence in our model—both in delivering decarbonized energy and supporting companies’ ESG commitments. Our teams have the tools and expertise to streamline every step of the process, ensuring seamless execution.”
About STMicroelectronics
At ST, we are 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 cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027.
Further information can be found at www.st.com .
About TSE
Founded in 2016, TSE is an independent French solar developer and producer, fully integrated across the value chain—from design to operations and the valorisation of generated electricity. TSE’s operating portfolio supplies the equivalent electricity consumption of approximately 241,000 people. In 2021, TSE inaugurated France’s second largest photovoltaic plant in Marville (Meuse). A reference player in agrivoltaics, TSE has developed and operates a world first agricultural solar canopy that integrates irrigation and is deployed across multiple sites in France. In 2023, the company raised €160 million in equity to accelerate growth and industrialisation—one of the year’s ten largest French Tech fundraisings—and a further €230 million in 2024. TSE is a founding member of the Holosolis consortium, which is building a photovoltaic gigafactory in Sarreguemines (Moselle) to supply French made solar panels. TSE has developed and strengthened partnerships with leading agricultural cooperatives, including Dijon Céréales, Noriap and Eureden, to deliver agrivoltaic projects that benefit agricultural regions. The company is also a co acquirer of Fonderies du Poitou to develop a green energy hub. Part of the French Tech 120, and with 15 offices across France and a 5 GW development pipeline, TSE is emerging as a new French champion in renewable energy, supporting local communities.
Learn more: https://www.tse.energy/en
For more information, please contact:
STMicroelectronics
INVESTOR RELATIONS
Jérôme Ramel
EVP Corporate Development & Integrated External Communication
Tel: +41.22.929.59.20
jerome.ramel@st.com
MEDIA RELATIONS
Alexis Breton
Group VP Corporate External Communications
Tel: +33.6.59.16.79.08
alexis.breton@st.com
TSE
MEDIA RELATIONS
Pauline Vettier
PR Officer
pauline@majorellemarketing.com
Tel: +33.6.11.61.75.62
Attachment
FAQ**
How does the 15-year PPA between STMicroelectronics (STMEF) and TSE align with ST's goal of achieving carbon neutrality by 2027, and what specific actions will be taken to meet this target?
What role will the renewable electricity provided by TSE under the PPA play in supporting STMicroelectronics (STMEF) in its operations across France, particularly in manufacturing and R&D?
In the context of the PPA, how does TSE intend to ensure the reliability and cost-effectiveness of the renewable electricity supply to STMicroelectronics (STMEF) starting in 2027?
How does the partnership between STMicroelectronics (STMEF) and TSE contribute to France's broader strategy for energy resilience and decarbonization, especially amid current energy challenges?
**MWN-AI FAQ is based on asking OpenAI questions about STMicroelectronics N.V. (NYSE: STM).
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