Saint-Gobain to green N American ops with 200-MW solar PPA with TotalEnergies
Solar panels. Featured Image: pornvit_v/Shutterstock.com
French building materials maker Compagnie de Saint-Gobain SA (EPA:SGO) will procure power for some of its sites in the US and Canada from 200 MW of solar parks owned by France-based energy major TotalEnergies SE (EPA:TTE).
The electricity will be sourced through a 10-year power purchase agreement (PPA) and will go for 145 of Saint-Gobain’s industrial locations. The company said on Tuesday that the arrangement is expected to help it cut its Scope 2 emissions in North America by 210,000 tonnes annually, achieving a 33% reduction from their current level.
The PPA will enter into force at the end of 2024. The name of the contracted project was not specified.
The power off-take deal supports Saint-Gobain's efforts to reach carbon neutrality by 2050. It comes on the heels of an earlier deal with Chicago-based Invenergy LLC for the purchase of power for the French firm’s North American operations from a 250-MW wind farm in Illinois. The contract is tied to 120 MW from the Blooming Grove Wind Energy Center, which was switched on last year.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.