Glass Maker Saint Gobain Strikes RE Deal For Operations in Spain

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Worldwide light and sustainable construction giant Saint-Gobain has announced that the company has signed a Power Purchase Agreement (PPA) with Endesa in Spain for the supply of clean energy. Endesa is the top energy supplier in Spain.

The official statement of Saint-Gobain held that the 11-year agreement will start in 2024 and will cover around 55 per cent of electricity needs of Saint-Gobain in Spain. It said that the electricity supplied by Endesa will be generated by its renewable portfolio which comprise wind, solar and hydroelectric power.

Under this agreement, Endesa will supply Saint-Gobain 150 GWh of renewable energy annually, which corresponds to the supply of about 43,000 Spanish homes with renewable energy every year.

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Saint-Gobain also mentioned that this agreement will enable a reduction in CO2 emissions of roughly 39,000 tons per year.

This is the second renewable energy supply agreement signed by Saint-Gobain in Spain. Together, the two agreements will cover 65 per cent of the Group’s electricity needs in Spain. Saint-Gobain said that the PPA is a major step in the Group’s fight against climate change and towards its commitment to reach carbon neutrality in 2050.

This announcement follows the recent signings by Saint-Gobain of two important renewable electricity supply agreements in Poland and North America, increasing the share of renewable electricity to more than 60% for the entire Group. It comes after the recent endorsement by the Science Based Targets initiative (SBTi) of the Group’s greenhouse gas emission reduction targets as consistent with the organization’s new Net-Zero Standard and the Paris Climate Agreement.

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Saint-Gobain India and Green Infra Wind Energy Ltd (GIWEL) signed a long-term wind-solar hybrid energy supply agreement earlier this year for the supply of 33MW of clean energy. GIWEL is a subsidiary of Sembcorp Green Infra’s (SGIL) which itself is a wholly owned subsidiary of Sembcorp Industries.

Recently, Saint-Gobain India also announced that it has partnered with Cleantech Solar to commission an 18.7 MW solar PV system at Cleantech’s solar park in Tamil Nadu state of India.