Saint-Gobain partners with Vibrant Energy to boost renewable power
POWER & RENEWABLE ENERGY

Saint-Gobain partners with Vibrant Energy to boost renewable power

Saint-Gobain, a major player in construction and industrial products, has inked a power purchase agreement (PPA) with Vibrant Energy in India. The agreement, lasting 20 years, will commence in 2024 and enable the supply of wind-solar electricity to six local sites.

As per Saint-Gobain, this PPA will contribute to India's renewable electricity share reaching 65 per cent by 2025. Vibrant Energy, a subsidiary of Macquarie Asset Management's Green Investment Group (MAM-GIG), will deliver 189 GWh of renewable electricity annually, encompassing both solar and wind sources. Consequently, this move is expected to curtail Saint-Gobain's CO2 emissions by approximately 120,000 tonnes per year within India.

B Santhanam, the CEO-Asia Pacific and India Region and Chairman of Saint-Gobain India, stated that this PPA represents a significant stride towards meeting the nation's target of 500 GW of renewable energy and promoting the use of renewable sources in the manufacturing sector. Furthermore, it aligns with Saint-Gobain's broader business strategy and aspiration to achieve 100 per cent renewable energy by 2030.

Also Read
Hyundai & Shell to expand fast charging network at 36 dealerships
Government extends deadline for oilfield auctions


Saint-Gobain, a major player in construction and industrial products, has inked a power purchase agreement (PPA) with Vibrant Energy in India. The agreement, lasting 20 years, will commence in 2024 and enable the supply of wind-solar electricity to six local sites. As per Saint-Gobain, this PPA will contribute to India's renewable electricity share reaching 65 per cent by 2025. Vibrant Energy, a subsidiary of Macquarie Asset Management's Green Investment Group (MAM-GIG), will deliver 189 GWh of renewable electricity annually, encompassing both solar and wind sources. Consequently, this move is expected to curtail Saint-Gobain's CO2 emissions by approximately 120,000 tonnes per year within India. B Santhanam, the CEO-Asia Pacific and India Region and Chairman of Saint-Gobain India, stated that this PPA represents a significant stride towards meeting the nation's target of 500 GW of renewable energy and promoting the use of renewable sources in the manufacturing sector. Furthermore, it aligns with Saint-Gobain's broader business strategy and aspiration to achieve 100 per cent renewable energy by 2030. Also Read Hyundai & Shell to expand fast charging network at 36 dealershipsGovernment extends deadline for oilfield auctions

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code