Thursday 30 May 2019
EDF signs deal to buy 1.8GW of solar panels
EDF Renewables North America has signed a deal to buy 1.8GW of solar panels for use in projects across the US, Canada, and Mexico.
The energy giant will buy the high-efficiency equipment from Canadian Solar, one of the world's largest solar power companies, through a multi-year module supply agreement.
The deal is the largest single module supply agreement signed in Canadian Solar's eighteen-year history and will amount to millions of individual modules being manufactured,
Many of these will use bifacial construction - this is a new solar panel technology which allows more electricity to be generated by absorbing sunlight on the backside of the units as well as the front - demand for the technology is expected to grow over the coming years.
Dr. Shawn Qu, Chairman and CEO of Canadian Solar, said: "We are excited to partner with EDF Renewables to help them bring a stable supply of clean, reliable solar energy to the North American market.
"We are seeing a significant rebound of demand in the US solar market which impacts module supply across the entire region."
Technologies for energy users that can help them reduce costs and emissions will be among those on display at The Energy Solutions Show (TESS) on June 5th at Millennium Point, Birmingham.
If you wish to register as a delegate for free, you can send an e-mail here.
