TSMC Commits to 100% Renewable Energy by 2040
TSMC has also signed a 20-year deal with a solar power company to purchase 920 MW of solar power. These deals will help TSMC to reduce its carbon emissions and increase its use of clean energy.
TSMC is deeply committed to sustainable development and green manufacturing. After becoming the first semiconductor company in the world to join RE100 in 2020, TSMC is now pioneering the ESG innovation model of domestic renewable energy joint procurement, creating a platform to match renewable energy with industrial power consumption.
In 2024, TSMC launched the "roof- mounted PV procurement project" and "maximal renewable energy installation project for existing fabs" to expand the areas for solar PV installation. As a result, the total renewable energy usage throughout the year rose to 3,610GWh.
The signed 1,000 GWh per year long-term renewable energy contract (signed for a 20-year term, 20,000 GWh in total) is equivalent to the annual electricity consumption of 250,000 households. TSMC will subscribe for 500 GWh per year and invite suppliers to jointly subscribe for the other 500 GWh per year.
In 2024, the Company launched the "roof-mounted PV procurement project" and "maximal renewable energy installation project for existing fabs" to broaden the use of renewable energy and accomplish Energy Conservation and Carbon Reduction in TSMC Operations.
TSMC has also signed a 20-year deal with a solar power company to purchase 920 MW of solar power. These deals will help TSMC to reduce its carbon emissions and increase its use of clean energy.
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