EDF Energies Nouvelles has maintained its plan to purchase PV panels by ordering another 75MWp from First Solar which are scheduled for delivery in 2009 and 2010. The agreement between the two companies is an addition to the contract signed in July 2007 and early 2008 for 292MWp in capacity panels that are scheduled for delivery between year-end 2007 and December 2012.
The newest order inflates the total volume of panels ordered from First Solar to 367MWp and reflects EDF’s strategy to accelerate its development in the PV segment. EDF raised €500 million in September 2008 to finance the expansion and has set a total goal of contracting 500MWp in PV capacity by 2012.