STMicroelectronics and Centrica Energy Trading announced that they have signed a ten-year power purchase agreement, or PPA, for the supply of renewable energy to its operations in Italy, starting January 2025. The agreement is based on the sale by Centrica of approximately 61 GWh of renewable energy per year, produced by a new solar farm in Italy. In Italy, ST operates two high-volume semiconductor manufacturing sites in Agrate and Catania as well as multiple R&D, design, and sales and marketing sites.
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