Saint-Gobain, Boralex Sign 20-Year PPA Enabling Development of Three New Renewable Energy Projects in France
Construction materials and services company Saint-Gobain announced today that it has signed a 20-year renewable Power Purchase Agreement (PPA) with Quebec-based clean energy company Boralex, to provide wind and solar-based energy for Saint-Gobain’s industrial operations in France from three new renewable energy projects.
According to the company’s the new agreement will enable two solar power plants and one wind farm to come online between the first quarter of 2026 and the first quarter of 2027. The three facilities in France will produce approximately 110 GWh of power per year, which is expected to cover 10% of Saint-Gobain’s electricity needs in France.
Claire Pedini, Senior Vice-President, Human Resources and Corporate Social Responsibility at Saint-Gobain, said:
“This agreement marks a further step in our strategy to decarbonize our operations in France. Thanks to this collaboration with Boralex, we will not only be able to secure a long-term supply of renewable energy, but above all support our industrial sites across the country in their energy transition.”
The companies said that the combination of wind and solar technologies will provide Saint-Gobain’s French industrial activities with a supply of stable renewable electricity, thanks to the complementary nature of these two energy sources.
Nicolas Wolff, Executive Vice President and General Manager of Boralex in Europe, said:
“This PPA illustrates our ability to offer tailored solutions to our customers, based on our diversified wind and solar portfolio. We are delighted with this new partnership, which is based on a relationship of trust. It will enable Saint-Gobain to secure competitive and sustainable energy over 20 years whilst contributing to a successful energy transition.”