Italian energy company ERG SpA has entered into a 15-year power purchase agreement (PPA) with Geneva-based chipmaker STMicroelectronics. Under the agreement, ERG Power Generation will supply around 250 GWh of electricity annually to STMicroelectronics for its Italian operations from 2024 to 2038, totaling 3.75 TWh over the contract's duration. The electricity will be sourced from
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