UMC Signs 30-Year, 30 Billion kWh Offshore Wind Power Agreement with CIP's Fengmiao I Offshore Wind Farm
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United Microelectronics Corporation (UMC) has signed a 30-year Corporate Power Purchase Agreement with Fengmiao I Offshore Wind Farm, developed by Copenhagen Infrastructure Partners. UMC will purchase over 30 billion kWh of renewable energy, marking its largest renewable energy transaction.
December 18, 2024 | 11:45 am
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UMC has entered into a significant renewable energy agreement, purchasing over 30 billion kWh from Fengmiao I Offshore Wind Farm over 30 years. This move aligns with UMC's sustainability goals and marks its largest renewable energy transaction.
The agreement signifies UMC's commitment to sustainability and renewable energy, which could enhance its corporate image and appeal to environmentally conscious investors. This long-term commitment may also provide cost stability in energy expenses.
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