SINGAPORE (Reuters) – STMicroelectronics has struck a long-term solar energy deal with joint venture BKH Solar to power its test and assembly site in southern Malaysia, the chipmaker said on Thursday.
The 21-year power purchase agreement, which starts in 2025, will enable annual electricity supply of about 50 gigawatt hours (GWh) from BKH Solar’s new plant in the north, STMicro said.
BKH Solar is a joint venture between Engie’s renewable energy business in southeast Asia and Malaysia’s Conextone Energy. The solar farm supplying STMicro is located nearly 700 km away.
(Reporting by Haridas; Editing by David Goodman)
