Siltronic Portland Unveils Cutting-Edge Solar Field, Embracing Sustainable Future

Siltronic Portland Unveils Cutting-Edge Solar Field, Embracing Sustainable Future

(IN BRIEF) Siltronic Portland proudly announces the inauguration of its advanced solar field, underscoring its commitment to sustainability and carbon footprint reduction. CFO Claudia Schmitt emphasizes sustainability as a core value, aligning with Siltronic AG’s ambitious climate action plan to limit global warming. The solar field, generating 1,500 MWh annually, symbolizes Siltronic’s dedication to renewable energy. With a rich history dating back to 1978, Siltronic Portland continues its legacy of excellence in wafer production while prioritizing environmental responsibility and innovation.

(PRESS RELEASE) MUNICH, 18-May-2024 — /EuropaWire/ — Siltronic Portland proudly announces the inauguration of its state-of-the-art solar field on May 16, 2024. This marks a milestone in the company’s commitment to sustainability and reducing its carbon footprint.

“We see sustainability not just as a duty, but as a deeply rooted conviction. It is our responsibility not only to ensure financial profits, but also to work for the sustainable development of Siltronic and the preservation of our environment for future generations. Our new solar field exemplifies our commitment to a greener and more sustainable future”, stated Claudia Schmitt, CFO of Siltronic.

Siltronic AG has implemented a climate action plan aimed at limiting global warming to 1.5 degrees Celsius, in line with the 2015 Paris Climate Agreement. The company intends to reduce its Scope 1 and 2 greenhouse gas emissions by 42 percent by 2030, using 2021 as the baseline. Additionally, Siltronic aims to achieve net zero emissions by 2045. To achieve these targets, Siltronic utilizes three main levels: enhancing energy efficiency, generating its own renewable energy, and purchasing renewable energy.

As part of the in-house generation of renewable energy, the solar field with a capacity of 1,500 MWh per year started generating electricity last week. The energy produced from this solar field could sustain almost 140 Oregon households for an entire year. It contains 2,353 panels mounted on a fixed ground mount system and spans an area of 420 feet by 250 feet. The ribbon-cutting ceremony was conducted by Claudia Schmitt, CFO of Siltronic, and Subramania Krishnakumar, President of the Portland Site.

Founded in 1978 as Wacker Siltronic Corporation, the Portland site serves as the first international location in Siltronic’s production network. In 1980, the site celebrated the inauguration of Fab 1 and commenced production of 100 mm wafers, followed by expansions to increase capacity and capability, including the addition of 150 mm wafers in the mid-1980s. In 1996, production began in Fab 2, specializing in 200 mm wafers. Throughout its history, the Portland site has received numerous awards for its dedication to efficiency and sustainability. Today, Siltronic Portland remains focused on manufacturing high-quality 200 mm wafers for customers worldwide. With approximately 400 employees, the site specializes in wafering production, offering a range of polished and epitaxial wafers.

Company profile:

As one of the leading wafer manufacturers, Siltronic is globally oriented and operates production sites in Asia, Europe, and the USA. Silicon wafers are the foundation of the modern semiconductor industry and the basis for chips in all electronic applications – from computers and smartphones to electric cars and wind turbines. The international company is highly customer-oriented and focuses on quality, precision, innovation, and growth. Siltronic AG employs around 4,500 people worldwide and has been listed in the Prime Standard of the German Stock Exchange since 2015. Siltronic AG shares are included in both the MDAX and TecDAX stock market indices.

Media Contact:

Verena Stütze
Head of Investor Relations & Communications
Tel.: +49 (0)89 8564 3133
E-mail: investor.relations@siltronic.com

SOURCE: Siltronic AG