TotalEnergies signs 15-year solar PPA with Saint-Gobain

TotalEnergies has signed a 15-year renewable Power Purchase Agreement (PPA) with Saint-Gobain to supply 100 MW of clean energy from its Danish Fields Solar farm in Texas. The PPA will help Saint-Gobain offset its North American Scope 2 CO2 emissions from electricity by 90,000 metric tons per year.

The Danish Fields Solar farm is expected to come online in 2024 and will be TotalEnergies’ largest utility-scale operated solar farm in the United States. The contract includes an upside sharing mechanism, under which the companies share any potential upside arising from increased market price over the contract term.

TotalEnergies is one of the top renewable energy developers in the United States, with a portfolio of large-scale solar, storage, onsite B2B solar distributed generation, onshore and offshore wind projects that are expected to generate up to 10 GW of renewable power by 2025 and more than 25 GW by 2030.