Geneva-based chipmaker STMicroelectronics (<a href="https://www.borsaitaliana.it/borsa/azioni/scheda/NL0000226223.html?lang=en" target="_blank">BIT:STMMI</a>) has signed a long-term power purchase agreement (PPA) with a Malaysian joint venture of French power utility Engie SA (<a href="https://live.euronext.com/en/product/equities/fr0010208488-xpar" target="_blank">EPA:ENGI</a>) to source about 50 GWh a year from a new solar farm in the Asian country, the parties said today.