Saint-Gobain's New 10-Year PPA to Slash North American Emissions by 210,000 Tons Annually
Saint-Gobain has signed a 10-year Power Purchase Agreement (PPA) with TotalEnergies, marking its second such deal in North America. This agreement will see Saint-Gobain buy 200 MW of solar power, set to come into effect by the end of 2024.
The 200 MW solar power from this PPA is expected to offset Saint-Gobain's North American carbon emissions from electricity by a significant 210,000 Metric Tons per year. This is a substantial step towards the company's sustainability goals. Saint-Gobain aims to reduce its scope 1 and 2 CO2 emissions by 33% by 2030 and achieve carbon neutrality by 2050. This is Saint-Gobain's second PPA in North America, with the two projects combined expected to represent a 62% reduction in Saint-Gobain North America's carbon emissions from electricity.
The 10-year PPA with TotalEnergies is set to take effect at the end of 2024, providing Saint-Gobain with a clean and reliable source of energy for its 145 industrial sites in North America. This deal is a testament to Saint-Gobain's commitment to reducing its environmental impact and transitioning to a low-carbon economy.