Infineon to purchase long-term green electricity from wind farms in Brandenburg, Germany and solar plants in Spain
Infineon Technologies AG has concluded Power Purchase Agreements (PPA) with PNE AG and Statkraft for green electricity. Over the next ten years, Infineon will purchase green electricity from PNE AG’s Schlenzer and Kittlitz III wind farms in Brandenburg in Germany to supply its sites in Dresden, Regensburg, Warstein and Neubiberg near Munich. Seven turbines in the PNE AG wind farms offer a total capacity of 24 MW and a contracted electricity volume of 550 GWh. Statkraft will additionally supply German locations with renewable electricity from solar parks in Spain with a total volume of 220 GWh over the next five years.
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“Semiconductors from Infineon are driving decarbonization and are in every second newly installed wind turbine worldwide,” says Elke Reichart, Member of the Management Board of Infineon and Chief Digital & Sustainability Officer. “Our commitment to specific green power plants via Power Purchase Agreements actively supports both the green energy transition and the achievement of our own climate targets.”
Infineon aims to switch its global operations to 100% green electricity this year and become CO2-neutral for Scope 1 and 2 emissions by 2030. Infineon has been using green electricity in Germany and Europe since the 2021 fiscal year. By concluding Power Purchase Agreements for specific wind and solar power plants in Brandenburg and Spain, the company is now securing its long-term green electricity requirements and supporting the expansion of renewable energies.
More information about the sustainability efforts of Infineon are available at https://www.infineon.com/about/company/sustainability