Stmicroelectronics N.V. (STM) has released an update.
STMicroelectronics has partnered with Centrica Energy in a ten-year Power Purchase Agreement, securing the supply of renewable energy from a new solar farm in Italy to its semiconductor manufacturing operations. This move is a strategic step towards STMicroelectronics’ ambition to become carbon neutral and source 100% renewable energy by 2027. The agreement bolsters ST’s commitment to sustainability and supports their high-volume manufacturing and R&D sites in Italy, starting January 2025.
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