TotalEnergies signs long-term solar power supply agreement with Saint-Gobain

In France, TotalEnergies said it has signed a new 15-year renewable Power Purchase Agreement (PPA) with Saint-Gobain, which will be fulfilled with energy provided by the former’s Danish Fields solar farm in Texas.

Under the 100 MW PPA, TotalEnergies will supply clean energy from its Danish Fields Solar farm helping offset Saint-Gobain’s North American Scope 2 CO2 emissions from electricity by 90,000 metric tons per year.

With a capacity of 720 MW, TotalEnergies’ solar farm is expected to come online in 2024. This contract includes an upside sharing mechanism, under which the companies share any potential upside arising from increased market price over the contract term.

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