The SEMI Energy Collaborative (EC) is proud to have earned a 2026 Renewable Energy Markets (REM™) Asia Award, one of the region’s most respected honours for organisations driving meaningful clean energy adoption. We received the Outstanding Initiative recognition during the REM Asia 2026 conference on April 21 in Singapore, where we also presented on South Korea’s evolving renewable energy market and policy landscape. This recognition reflects the collective effort of the entire SEMI EC community, member companies, and partners who have supported our mission to achieve 100% low-carbon electricity by 2040. The Story Behind the AwardThe SEMI EC was founded on a straightforward premise: no single company can solve the energy challenges of our industry alone. Decarbonising the semiconductor value chain, one of the most energy-intensive sectors in the world, requires collective action, aligned policy, and large enough demand signals to prompt market response. Since its launch, the SEMI EC has brought together a growing community of semiconductor manufacturers, suppliers, customers, and sustainability leaders to promote renewable energy procurement, policy reform, and clean energy access. Our work has spanned four key fronts:Developing concrete policy recommendations for affordable, low-carbon energy procurement by hosting regular roundtables with government and industry leaders across South Korea, Japan, Taiwan, Singapore, and Malaysia.Building a clear roadmap that gives industry and government a shared understanding of our plan for achieving a low-carbon electricity supply by 2040. Advancing aggregated and group-buy procurement models that make renewable energy economically accessible, and deploying utility green tariffs to deliver more cost-effective and diversified procurement options.Providing the semiconductor supply chain with practical guidance on procurement vehicles, including power purchase agreements, virtual power purchase agreements, and energy attribute certificates, to accelerate informed adoption.One of our biggest milestones to date was SEMI’s November 2025 Memorandum of Understanding (MoU) with the Gyeonggi Provincial Government in South Korea to expand the semiconductor industry’s access to renewable energy. This MoU was created in partnership with Samsung, SK hynix, and the Korea Semiconductor Industry Association (KSIA). As a critical hub for the semiconductor value chain, expanding visible renewable energy supply in Gyeonggi Province will directly accelerate industry decarbonisation.Looking AheadThe SEMI EC is also working closely with the Semiconductor Climate Consortium (SCC) to help reach its Scope 2 goal of 100% low-carbon electricity for Asia-Pacific by 2040. To achieve this, we’re engaging with regulators and governments across Asia to shape policy and expand low-carbon energy supplies. Meanwhile, the SCC Scope 2 Working Group Renewable Energy Initiative is equipping supply chain companies with knowledge, tools, and renewable energy procurement pathways to help them act on their decarbonisation commitments. Asia stands at a critical inflection point in the global energy transition. Electricity demand is rising sharply, decarbonisation timelines are compressing, and the semiconductor industry’s role as a major energy consumer and technology enabler has never been more consequential.These considerations motivate us to go further. The pathway to scalable and affordable renewable energy requires sustained coordination between government and industry, but policy frameworks must catch up with industry needs. In addition, procurement costs remain a barrier for many in the microelectronics supply chain. To turn industry influence into policy traction, SEMI EC is helping to bridge these gaps. Thank YouOn behalf of the SEMI EC, we dedicate this award to every member company, partner, and government that has contributed to this journey. When industry comes together with a shared purpose, it can be a powerful force for a cleaner and more sustainable future. We’re grateful to the REM™ Asia community for recognising what this industry can accomplish when we work as one. We look forward to making continued progress with all of you.To learn more, download SEMI’s latest sustainability reports or visit the SEMI Energy Collaborative website.SoYoung Jang is Senior Manager, Energy Collaborative Consortium at SEMI.
