German semiconductor manufacturing firm Infineon Technologies has signed Power Purchase Agreements (PPA) with German wind farm developer PNE AG and European energy generator Statkraft to power its German operations.
The first PPA with PNE AG will last for ten years and see Infineon purchase power from the 24MW Schlenzer and Kittlitz III wind farms in Brandenburg, Germany, to supply its sites in Dresden, Regensburg, Warstein, and Neubiberg near Munich. Combined, the two wind farms are expected to provide approximately 550GWh of clean power over the duration of the agreement.
The deal with Statkraft will see Infineon offtake power from several solar parks in Spain. The solar farms will deliver 220GWh of power to the semiconductor manufacturer over a five-year period and will be used to power its German operations.
“Semiconductors from Infineon are driving decarbonization and are in every second newly installed wind turbine worldwide,” says Elke Reichart, Infineon’s chief digital and sustainability officer. “Our commitment to specific green power plants via PPAs actively supports both the green energy transition and the achievement of our own climate targets.”
The PPAs are part of Infineon’s goal to power its global operations off 100 percent green energy this year and reach CO2 neutrality for Scope 1 and 2 emissions by 2030.
Infineon is a manufacturer of microchips for automotive, industrial, and consumer electronics. Spun off from German conglomerate Siemens in 1999, it is Europe’s largest semiconductor manufacturer.
In February, the European Commission approved a €920 million ($964m) funding package to support the construction of Infineon’s new chip fab in Dresden, Germany. The front-end facility will offer wafer processing, testing, and separation capabilities and is expected to be operating at full capacity by 2031. In total, Infineon is expected to invest approximately €3.5 billion ($3.7bn) in the project.
PNE AG is a German developer of wind energy and other renewable technologies. It has a generation capacity of approximately 491MW as of 2024.
Statkraft is a Norwegian state-owned company. It is Europe’s largest producer of renewable energy, with a total installed capacity of 22GW as of 2024, of which 96 percent is renewable.
The company has signed several PPAs within the tech and telco space. Most recently, last year, it inked a solar PPA with IIiad in Poland.
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