TotalEnergies has inked a 15-year renewable Power Purchase Agreement (PPA) with Saint-Gobain, marking their second collaboration in decarbonizing the building materials company’s 125 industrial sites in North America. This commitment echoes TotalEnergies’ renewable solutions for global businesses, following partnerships with Air Liquide, Amazon, Merck, Microsoft, Orange, and Sasol.
Through this 100 MW PPA, clean energy from TotalEnergies’ Danish Fields Solar farm in Texas will contribute to offsetting 90,000 metric tons of Saint-Gobain’s North American Scope 2 CO2 emissions annually. The solar farm, with a capacity of 720 MW, is set to be operational in 2024, becoming TotalEnergies’ largest utility-scale operated solar farm in the United States. The agreement includes an upside sharing mechanism, allowing both companies to benefit from potential market price increases over the contract term.
“We are truly excited to reinforce our collaboration with Saint-Gobain with this new clean energy commitment and therefore contribute to their carbon neutrality roadmap,” said Vincent Stoquart, Senior Vice President, Renewables at TotalEnergies. “TotalEnergies’ growing solar power generation portfolio in the U.S. provides concrete solutions enabling our industrial customers to decarbonize their electricity consumption. The signing of upside sharing CPPAs contributes to the objective of profitable growth for our Integrated Power business.”
Mark Rayfield, CEO of Saint-Gobain North America, noted, “With this agreement, Saint-Gobain North America will further reduce its CO2 emissions, demonstrating how fast the manufacturing industry can transform when long term solutions are at hand. This renewable energy project is a new milestone on the way to meeting Saint-Gobain’s commitment to reduce scope 1 and 2 CO2 emissions by 33% by 2030 – compared to 2017 – and to reach carbon neutrality by 2050.”