TotalEnergies Signs a New Long-term Solar Power Supply Agreement With Saint-Gobain
Portfolio Pulse from Benzinga Newsdesk
TotalEnergies has signed a 15-year renewable Power Purchase Agreement (PPA) with Saint-Gobain to supply solar power to Saint-Gobain's 125 industrial sites in North America. The power will be supplied from TotalEnergies' Danish Fields Solar farm in Texas, which is expected to come online in 2024. This is TotalEnergies' second long-term solar power supply agreement and is part of its commitment to offering renewable energy solutions to businesses worldwide.
October 02, 2023 | 10:59 am
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TotalEnergies' new agreement with Saint-Gobain could boost its revenues and strengthen its position in the renewable energy market. The deal also demonstrates TotalEnergies' commitment to renewable energy solutions.
The new agreement with Saint-Gobain is a significant deal for TotalEnergies, as it could lead to increased revenues over the 15-year contract period. Additionally, the deal strengthens TotalEnergies' position in the renewable energy market and demonstrates its commitment to providing renewable energy solutions to businesses worldwide.
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