STMicroelectronics (NYSE: STM) signs 15-Year French solar PPA for 43 MW supply
November 20, 2025
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STMicroelectronics (NYSE:STM) and TSE signed a 15-year physical PPA to supply renewable solar electricity to STMicroelectronics’ French sites starting in 2027. The agreement covers power from three TSE-operated solar parks totaling 43 MW and an overall volume of about 780 GWh over the contract term. The PPA is intended to increase renewable energy contribution across ST’s French operations, supporting the company’s target of carbon neutrality (Scope 1 and 2) and 100% renewable electricity by 2027. TSE framed the deal as further validation of its agrivoltaics and solar model and cited previous commercial contracts with large French customers.
STMicroelectronics (NYSE:STM) e TSE hanno firmato un PPA fisico di 15 anni per fornire energia solare rinnovabile ai siti francesi di STMicroelectronics a partire dal 2027. L’accordo copre energia proveniente da tre parchi solari gestiti da TSE per un totale di 43 MW e un volume complessivo di circa 780 GWh nel periodo contrattuale. Il PPA è volto ad aumentare la quota di energia rinnovabile nelle operazioni francesi di ST, supportando l’obiettivo di neutralità carbonica (Scope 1 e 2) e 100% energia rinnovabile entro il 2027. TSE ha presentato l’accordo come una ulteriore convalida del proprio modello agrivoltaico e solare e ha citato contratti commerciali precedenti con grandi clienti francesi.
STMicroelectronics (NYSE:STM) y TSE firmaron un PPA físico de 15 años para suministrar electricidad solar renovable a los sitios franceses de STMicroelectronics a partir de 2027. El acuerdo cubre energía de tres parques solares operados por TSE con un total de 43 MW y un volumen total de aproximadamente 780 GWh durante la vigencia del contrato. El PPA tiene como objetivo aumentar la contribución de energía renovable en las operaciones francesas de ST, apoyando el objetivo de neutralidad de carbono (alcance 1 y 2) y 100% electricidad renovable para 2027. TSE enmarcó el acuerdo como una validación adicional de su modelo agrovoltaico y solar y citó contratos comerciales previos con grandes clientes franceses.
STMicroelectronics (NYSE:STM) 와 TSE 는 2027년부터 STMicroelectronics의 프랑스 사이트에 재생 가능한 태양광 전기를 공급하기 위해 15년 물리적 PPA를 체결했습니다. 이 계약은 TSE가 운영하는 세 개의 태양광 발전소에서 생산되는 전력 43 MW와 계약 기간 동안 총 약 780 GWh의 전력을 포함합니다. PPA는 ST의 프랑스 사업 전반에서 재생 가능 에너지 비중을 높이고 2027년까지 배출량 순 제로(스코프 1 및 2) 및 100% 재생 전력 목표를 지원하기 위한 것입니다. TSE는 이 거래를 자사의 농광형·태양광 모델의 추가 검증으로 보고, 프랑스 대형 고객과의 기존 계약을 인용했습니다.
STMicroelectronics (NYSE: STM) et TSE ont signé un PPA physique de 15 ans pour fournir de l’électricité solaire renouvelable aux sites français de STMicroelectronics à partir de 2027. L’accord couvre l’électricité provenant de trois parcs solaires gérés par TSE, totalisant 43 MW, et un volume global d’environ 780 GWh sur la durée du contrat. Le PPA vise à augmenter la contribution des énergies renouvelables dans les activités françaises de ST, supportant l’objectif de neutralité carbone (Scopes 1 et 2) et 100% d’électricité renouvelable d’ici 2027. TSE a présenté cet accord comme une validation supplémentaire de son modèle agrivoltaïque et solaire et a cité des contrats commerciaux antérieurs avec de grands clients français.
STMicroelectronics (NYSE:STM) und TSE haben eine physische PPA-Laufzeit von 15 Jahren unterzeichnet, um STMicroelectronics’ Standorte in Frankreich ab 2027 mit erneuerbarem Solarstrom zu versorgen. Die Vereinbarung deckt Strom aus drei von TSE betriebenen Solarparks mit insgesamt 43 MW und ein Gesamtvolumen von ca. 780 GWh über die Vertragslaufzeit ab. Der PPA soll den Anteil erneuerbarer Energien in den französischen Operations von ST erhöhen und das Ziel der Kohlenstoffneutralität (Scope 1 und 2) sowie 100% erneuerbare Elektrizität bis 2027 unterstützen. TSE betrachtete das Abkommen als weitere Bestätigung ihres Agrar-Photovoltaik- und Solarmodells und verwies auf frühere kommerzielle Verträge mit großen französischen Kunden.
STMicroelectronics (NYSE: STM) و TSE وقَّعتا عقد شراء طاقة فعلي لمدة 15 عاماً لتزويد مواقع STMicroelectronics الفرنسية بالكهرباء الشمسية المتجددة اعتباراً من 2027. يغطي الاتفاق الكهرباء من ثلاثة محطات شمسية تشغّلها TSE بقدرة إجمالية تصل إلى 43 MW وحجم إجمالي يقارب 780 GWh على مدار مدة العقد. يهدف الـ PPA إلى زيادة مساهمة الطاقة المتجددة في عمليات ST الفرنسية، داعماً هدف الشركة للوصول إلى الحياد الكربوني (النطاق 1 و2) و100% من الكهرباء المتجددة بحلول 2027. وصفت TSE الصفقة بأنها تمثل تحققاً إضافياً من نموذجها الزراعي-الشمسي وأشارت إلى عقود تجارية سابقة مع كبار العملاء الفرنسيين.
Positive
- 780 GWh total renewable volume over 15 years
- 43 MW of dedicated solar capacity from three parks
- Supports ST’s 100% renewable electricity target by 2027
- Covers French operations including large-volume manufacturing
Negative
Insights
STMicroelectronics secures a 15-year solar PPA supplying ~780 GWh from 2027 to help meet its 100% renewable target.
STMicroelectronics locks a long-term physical power purchase agreement with TSE for three solar parks (total ~43 MW) to deliver about 780 GWh over 15 years starting in 2027. The contract converts future renewable generation into a predictable supply for ST’s French sites, supporting its stated goal of sourcing 100% renewable electricity by 2027 and lowering Scope 1/2 emissions tied to operations.
The outcome depends on project delivery, grid connection, and generation performance; a 43 MW capacity is modest relative to large industrial loads so on-site mix and grid balancing remain relevant. Contract length reduces short-term price exposure but creates multi-year operational dependency on TSE’s assets and execution, including permitting and commissioning timelines.
Watch for three concrete milestones: plant commissioning and grid connection schedules ahead of 2027, confirmed annual generation figures versus the ~780 GWh commitment, and any contract terms on delivery shape or balancing obligations that affect on-site usage. Expect clarity on these items within the next 6–18 months as projects move from development to operational status.
11/20/2025 – 02:30 AM
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
FAQ
What are the key terms of the STMicroelectronics (STM) and TSE 15-year PPA?
The PPA starts in 2027, spans 15 years, covers ~43 MW from three solar parks and totals ~780 GWh.
How does the 780 GWh PPA affect STMicroelectronics (STM) renewable targets?
The PPA increases renewable supply to French sites and supports ST’s goal of 100% renewable electricity and carbon neutrality by 2027.
Which STMicroelectronics (STM) operations will the TSE PPA power in France?
The agreement will power ST’s French R&D, design, sales and marketing, and large-volume chip manufacturing operations.
When will the solar parks under the STM–TSE PPA begin supplying power?
Supply under the physical PPA is scheduled to start in 2027.
How much solar capacity will TSE provide to STMicroelectronics (STM)?
TSE will provide approximately 43 MW of solar capacity across three parks.
Does the STM–TSE PPA disclose the contract’s financial terms or pricing?
No financial or pricing terms were disclosed in the announcement.
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