SAINT-GOBAIN SIGNS A MAJOR RENEWABLE ELECTRICITY SUPPLY AGREEMENT IN SOUTH AFRICA
Saint-Gobain Africa has signed a renewable electricity supply agreement (Power Purchase Agreement or PPA) with CVE, an independent French renewable energy producer, to secure about 140 GWH of solar electricity over 20 years.
This PPA is expected to cover around 40% of the electrical needs of Saint-Gobain’s major production sites in South Africa, namely, Brakpan, Alrode and Germiston in the Gauteng region, as well as the factory in Parrow, Western Cape.
This will offset Saint-Gobain South Africa’s CO2 emissions from electricity by more than 6,800 tons per annum.
Commenting on this PPA, Othman Benjelloun-Touimi, CEO of Saint-Gobain Africa, said: “With this PPA, Saint-Gobain Africa will further reduce its CO2 emissions, demonstrating its commitment towards sustainable manufacturing. This renewable energy project is a new milestone on the way to meeting Saint-Gobain’s commitment to reduce CO2 emissions and to reach carbon neutrality by 2050.”
“CVE is proud to support Saint-Gobain’s renewable energy commitment in South Africa and looks forward to seeing all four projects generating renewable energy,” said René Laks, General Manager, CVE South Africa
Created in 2009, CVE is an independent French renewable energy producer with a decentralised regional energy model and a focus on short supply chains. Their purpose is to make people and the planet central to tomorrow’s energy.
CVE South Africa, the subsidiary of CVE with offices in Cape Town and Johannesburg, offers all-in-one solutions, including engineering, financing, constructing, operating photovoltaic systems and battery storage to provide commercial off-takers local renewable energy
CVE is a multi-energy operator, producing green electricity and gas with their solar, hydrogen and biogas activities. They are a multi-country company, with operations in France, Chile, the US, South Africa and Spain. CVE develops, finances, builds and operates decentralised renewable production units that they own themselves or in partnership.