EDF Energies Nouvelles Orders an Additional 75 MWp in Photovoltaic Panels from First Solar

EDF Energies Nouvelles is continuing its strategy of purchasing photovoltaic panels by signing an order for a further 75 MWp in capacity from First Solar due for delivery in 2009 and 2010.

This deal between EDF Energies Nouvelles and US company First Solar, which manufactures thin-film technology photovoltaic modules, comes on top of the contracts already signed in July 2007 and early 2008 for 292 MWp in capacity due for delivery between year-end 2007 and December 2012. This new order, 25 MWp of which will be delivered in 2009 and a further 50 MWp in 2010, increases the total volume of panels ordered from First Solar to 367 MWp.

This order reflects the Group’s strategy of accelerating its development in the solar photovoltaic segment. EDF Energies Nouvelles, which successfully raised €500 million during September 2008 to finance this expansion, has set itself a target of commissioning 500 MWp in photovoltaic capacity for its own account by 2012.

About EDF Energies Nouvelles

With operations in nine European countries and in the United States, EDF Energies Nouvelles is a market leader in renewable energies. With a development focused on wind energy for several years and more recently on solar photovoltaic, now a second priority avenue of development, the Group is also present in other segments of the renewable energies market: small hydro, biomass, biofuel and biogas. In addition, the Group is expanding its presence in the distributed renewable energies sector in partnership with EDF.

EDF Energies Nouvelles is a 50 %-owned subsidiary of the EDF Group. Since November 2006, EDF Energies Nouvelles is listed in Euronext Paris, code “EEN”, ISIN code: FR0010400143).
www.edf-energies-nouvelles.com