OMV Petrom & Saint-Gobain: Romanian Green Energy Partnership

May 6, 2024 02:15 PM ET
  • OMV Petrom secures 5-year PPA with Saint-Gobain in Romania, providing 800GWh of green electricity from wind and solar sources starting in 2026.

OMV Petrom has secured a five-year Power Purchase Agreement (PPA) with French construction firm Saint-Gobain in Romania. The contract, starting in January 2026, will involve the purchase of green electricity from wind and solar sources provided by OMV Petrom. This agreement will see OMV Petrom supplying around 800GWh of green electricity over the 5-year period.

The PPA with Saint-Gobain will cover 100% of the company's electricity needs in Romania, with the help of a solar park currently in development at the Călărași glass plant. This deal marks the second PPA signed by Saint-Gobain in Romania and aligns with the company's goal of reducing its carbon footprint in the country, in line with its net zero carbon emissions target by 2050.

What is the significance of OMV Petrom's PPA with Saint-Gobain in Romania?

  • OMV Petrom's PPA with Saint-Gobain in Romania is significant as it will involve the purchase of green electricity from wind and solar sources, contributing to the transition towards renewable energy in the country.
  • The agreement will see OMV Petrom supplying around 800GWh of green electricity over a 5-year period, covering 100% of Saint-Gobain's electricity needs in Romania.
  • This PPA marks the second agreement signed by Saint-Gobain in Romania and aligns with the company's goal of reducing its carbon footprint, in line with its net zero carbon emissions target by 2050.
  • The solar park currently in development at the Călărași glass plant will play a key role in providing the green electricity needed for this agreement, showcasing the importance of investing in renewable energy infrastructure.
  • By securing this PPA, OMV Petrom and Saint-Gobain are demonstrating their commitment to sustainability and environmental responsibility, setting an example for other companies in Romania to follow suit.

SOLAR DIRECTORY
Solar Installers, Manufacturers