Saint-Gobain has signed a renewable electricity supply agreement (Power Purchase Agreement or PPA), to secure about 300 GWh of solar electricity in China, over a 15-year period.
This PPA is expected to cover nearly 22% of the electrical needs of a major Saint-Gobain’s Automotive Glass site in Shanghai, China. This will offset Saint-Gobain’s CO2 emissions from electricity (scope 2 emissions) in China by more than 12,000 tons per year.
Since 2021, Saint-Gobain in China has been purchasing ‘I-REC’ certificates (International Renewable Energy Certificate) to cover a big majority of its electricity consumption in China. In 2023, 82% of the electricity consumption of Saint-Gobain’s 50 industrial sites in China originated from on-site solar farms or off-site ‘I-REC’ green electricity certificates and this new PPA agreement.
Commenting on this PPA, Ludovic Weber, CEO of Saint-Gobain in Asia Pacific Region, said: “With this PPA, Saint-Gobain will further reduce its CO2 footprint in China. This is a key milestone for us in our roadmap to reduce our scope 1 and 2 CO2 emissions by 33% by 2030 - compared to 2017 - and to reach carbon neutrality by 2050.”
