France-based Voltalia has entered a non-exclusive framework agreement for the purchase of up to 304MW solar panels from Chinese company Suntech.
Under the agreement, Voltalia will purchase solar panels that will be delivered up to June.
The company will use purchased units for construction of future solarpower plants for clients or its own new facilities.
Since its inception in 2001, Suntech has been producing solar panels for the global market. The company currently has a presence in more than 80 countries.
Suntech president Shuangquan said: “Over the past few years, we have established a strong relationship with Voltalia, a fast-growing international player in renewable energy. With this agreement, we are looking forward to working with Voltalia on future solar projects.”
Voltalia intends to use acquired panels for its first solar projects in Africa, including the 32MW Râ Solar project in Egypt, and Kenya’s 50MW Kopere project.
Voltalia CEO Sébastien Clerc said: “We are glad to benefit from high-quality products at a competitive price within this large-volume framework agreement. They will benefit both Voltalia and its clients.”
The company is active in the renewable energy sector and is engaged in production, as well as sale of electricity from wind, solar, hydro and biomass power plants.
With more than 460 employees in 18 countries, the company owns a total installed capacity of 508MW.