AEI

ASIA ELECTRONICS INDUSTRYYOUR WINDOW TO SMART MANUFACTURING

ST to Soar Carbon Neutrality High in its Latest Deal

Global semiconductor leader STMicroelectronics has announced a 21-year Power Purchase Agreement (PPA) with BKH Solar Sdn Bhd. Specifically, the agreement will facilitate the supply of about 50GWh of renewable energy annually from a new solar farm in Kedah, Malaysia.

ENGIE Renewable SEA Pte Ltd (ENGIE) and Conextone Energy Sdn Bhd both established BKH Solar. This long-term agreement is under the Corporate Green Power Program introduced by the Malaysian Single Buyer in 2023.

First in Asia

Geoff West, EVP and Chief Procurement Officer, STMicroelectronics, commented, “This long-term power purchasing agreement in Malaysia, ST’s first one in Asia. Specifically, it marks yet another important step towards ST’s goal of becoming carbon neutral in its operations by 2027. (This includes) the sourcing of 100% renewable energy by 2027. PPAs will play a major role in our transition. Starting in 2025, this PPA with ENGIE will provide a significant level of renewable energy for ST’s operations in our high-volume test and assembly site in Muar, Johor, Malaysia.”

Amit Jain, Managing Director India & Southeast Asia, ENGIE, commented, “ENGIE is to join forces with STMicroelectronics in the global transition towards sustainable energy solutions. Moreover, by supplying approximately 50GWh of renewable energy annually from our new solar PV 30 MW project in Malaysia, we are proudly contributing to ST’s transition towards 100% renewable sourcing. (Thus), this partnership with ST demonstrates our commitment to providing green, clean and reliable energy to our clients.”

Wide Support Functions

ST’s high-volume test and assembly site located in Muar, Johor, has over 4,700 employees. Specifically, they are supporting multiple technologies and products. Among them are high reliability applications for automotive customers.

Moreover, ST also operates support functions out of Penang and Kuala Lumpur.
More information about ST’s energy and climate change commitments is available here.
11 November 2024