Materials Provider Saint-Gobain Signs PPA with TotalEnergies for Texas Solar Plant

October 5, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Founded in 1665 in Paris and still headquartered on the city's outskirts, Saint-Gobain (La Defense, France) has grown into a multinational corporation that provides materials for the construction, automotive and industrial markets. Saint-Gobain has been on the cutting edge of manufacturing sustainable materials for the construction sector and, like many other companies, has set the goal of having net-zero emissions by 2050. To this end, the company recently signed a power purchase agreement (PPA) with TotalEnergies SE (NYSE:TTE) (Courbevoie, France) for a portion of the output of a solar farm being constructed in Texas.