GlobalWafers Co. has obtained DKK60 million ($8.7 million) in green financing to build a solar power plant at its Danish subsidiary, marking a significant step in the chipmaker’s renewable energy transition.
The Taiwan-based silicon wafer manufacturer secured the funding through Credit Agricole Corporate and Investment Bank, which acted as the sole green agent and lender for the transaction. The funds will be invested in Topsil GlobalWafers A/S to support construction of a 10-megawatt solar facility.
When operational, the plant is expected to generate 9.88 million kilowatt-hours annually, exceeding the Topsil factory’s energy requirements. Surplus electricity will be fed back into Denmark’s power grid, the company said.
GlobalWafers joined the RE100 initiative in 2022, committing to power all its global operations with renewable energy. The company has been implementing energy optimization measures while monitoring climate change impacts to reduce operational risks.
The wafer maker plans to leverage its parent company SAS’s position as a green energy solutions provider to continue building solar facilities and signing power purchase agreements. The financing represents NT$270 million in local currency.
