Saint-Gobain secures solar power for South Africa ops under PPA

French building materials maker Compagnie de Saint-Gobain SA (EPA:SGO) has secured 140 GWh of solar electricity for its operations in South Africa under an offtake deal agreed with the local unit of French renewable energy producer Cap Vert Energie (CVE).

The 20-year power purchase agreement (PPA) will cover about 40% of the electricity needs of Saint-Gobain’s four major gypsum and mortars production sites in the country, eliminating more than 6,800 tonnes of carbon dioxide per year, according to a statement released today.

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The four plants are located in Brakpan, Alrode and Germiston in the Gauteng region, and in Parrow, Western Cape.

“This renewable energy project is a new milestone on the way to meeting Saint-Gobain’s commitment to reduce scope 1 and 2 CO2 emissions by 33% by 2030 - compared to 2017 - and to reach carbon neutrality by 2050,” said, Othman Benjelloun-Touimi, CEO of Saint-Gobain in Africa.