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STMicroelectronics and ENGIE sign long-term agreement for the supply of electricity produced from renewable sources in Malaysia

  • STMicroelectronics has signed a 21-year Power Purchase Agreement (PPA) with BKH Solar Sdn Bhd.
  • The agreement will facilitate the supply of approximately 50 GWh of renewable energy annually from a new solar farm in Malaysia.
  • This is STMicroelectronics' first PPA in Asia and supports their goal of becoming carbon neutral and sourcing 100% renewable energy by 2027.
  • The PPA will provide renewable energy for ST's high-volume test and assembly site in Malaysia.

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