GENEVA (dpa-AFX) - TSE, a solar energy and agrivoltaics company in France, has signed a physical Power Purchase Agreement (PPA) with STMicroelectronics (STM), a global semiconductor company. Under the agreement, TSE will supply renewable electricity from its solar parks to STMicroelectronics' sites in France.
The contract covers three solar parks operated by TSE, with a combined capacity of approximately 43 MW. Beginning in 2027, the 15-year agreement will deliver an estimated total of 780 GWh of renewable energy.
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