One sentence summary – French construction firm Saint-Gobain has signed a power purchase agreement with TotalEnergies to supply 100 MW of renewable electricity to 125 of its industrial sites in the United States and Canada, aiming to significantly reduce its scope 2 emissions in North America by 70% from 2017 levels and reduce approximately 90,000 metric tons of CO2 emissions per year, demonstrating its commitment to sustainability and environmental stewardship in the construction industry.
At a glance
- Saint-Gobain signs power purchase agreement with TotalEnergies
- Deal known as Danish Fields, supplying 100 MW of renewable electricity
- Electricity to be used at 125 of Saint-Gobain’s industrial sites in US and Canada
- Expected to start operations by end of 2024
- Saint-Gobain’s third power purchase agreement in North America
The details
French construction firm Saint-Gobain has signed a power purchase agreement with TotalEnergies.
The deal, known as Danish Fields, will supply 100 MW of renewable electricity.
This electricity will be used at 125 of Saint-Gobain’s industrial sites in the United States and Canada.
The project is expected to start operations by the end of 2024.
This is Saint-Gobain’s third power purchase agreement in North America.
The company’s commitment to sustainable practices is reflected in these agreements.
The three agreements are projected to significantly reduce the company’s scope 2 emissions in North America.
This reduction is estimated to be 70% from 2017 levels.
The Danish Fields project is expected to play a major role in reducing scope 2 CO2 emissions from electricity in North America.
The project is estimated to reduce approximately 90,000 metric tons of CO2 emissions per year.
Scope 2 emissions are the indirect emissions associated with a company’s power purchases.
Saint-Gobain aims to contribute to a more sustainable and environmentally friendly energy landscape through these power purchase agreements.
The deal between Saint-Gobain and TotalEnergies highlights the increasing importance of renewable energy sources in the construction industry.
Companies are seeking to align their operations with global sustainability goals.
The collaboration between Saint-Gobain and TotalEnergies is a significant step towards a greener future.
Saint-Gobain is demonstrating its commitment to reducing its carbon footprint through the Danish Fields project.
The company is also showcasing its dedication to environmental stewardship.
This initiative sets a positive example for other organizations within the construction industry.
The partnership between Saint-Gobain and TotalEnergies is a notable milestone in the pursuit of a cleaner and more sustainable future for the industry.
Through the Danish Fields project, Saint-Gobain is set to make a significant positive impact on the reduction of CO2 emissions associated with electricity consumption in North America.
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A vibrant sunflower standing tall beside a factory, symbolizing the collaboration between Saint-Gobain and TotalEnergies in harnessing renewable electricity.
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| reuters.com |
|---|
| – French construction company Saint-Gobain has signed a deal to buy solar power from TotalEnergies. – |
| The deal, called Danish Fields, will provide 100 MW of renewable electricity to 125 of Saint-Gobain’s industrial sites in the US and Canada. – |
| The project is expected to start by the end of 2024. – |
| This is Saint-Gobain’s third power purchase agreement in North America. – |
| The three deals are projected to reduce the company’s scope 2 emissions on the continent by 70% from 2017 levels. – Danish Fields alone is expected to reduce North American scope 2 CO2 emissions from electricity by 90,000 metric tons per year. – Scope 2 emissions refer to indirect emissions related to a firm’s power purchases. |
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