EDF signs contract to buy 67.5 MW of solar modules

17 October 2007 – EdF Energies Nouvelles has signed a contract with
France’s Photowatt International to purchase 30 MW of photovoltaic modules between 2008 and 2010 plus an option to buy a further 37.5 MW over the period.

EDF EN is 50 per cent owned by French state-controlled EDF, 27.4 per cent owned by founder Paris Mouratoglou and 22.57 per cent floated on the French stock exchange, Euronext. EDF EN will receive 10 MW of the solar modules each year until 2010 and has the option to buy a further 7.5 MW in 2008 and 15 MW in 2009 and 2010.

The modules are “mainly for the construction of ground-based solar power plants,” the company said.

The agreement follows a contract signed by EDF EN September 17 with US manufacturer United Solar Ovonic, for 30 MW of photovoltaic modules, for delivery between October 2007 and March 2009.

Photowatt International is a subsidiary of Canadian plant manufacturer Automation Tooling Systems.