PARIS--(BUSINESS WIRE)--Regulatory News:

EDF Energies Nouvelles (Paris:EEN - News) announces the signing of a photovoltaic panel supply master agreement with Nanosolar and a $50 million investment in the company via EDF Energies Nouvelles Réparties.

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Silicon Valley based Nanosolar uses innovative technology to manufacture thin-film photovoltaic cells of Copper-Indium-Gallium-Selenide (CIGS) using a printing deposition process. Under the master supply agreement, EDF Energies Nouvelles will gain access from 2009 onwards to part of Nanosolar’s production of solar panels.

In a solar market in which cutting production cost represents a major challenge, EDF Energies Nouvelles is thus securing its supply of panels at competitive prices. These panels will in particular also help EDF Energies Nouvelles to expand its solar activities in North America.

In parallel to the signing of the panel supply agreement, the Group, through its EDF Energies Nouvelles Réparties subsidiary, is also participating via a $50 million investment (€31 million) in an equity financing completed by Nanosolar to further accelerate the company’s production ramp.

About EDF Energies Nouvelles

Founded in 1990, EDF Energies Nouvelles is a world-class player in the green electricity generation market, with gross installed capacity of 1,443 MW worldwide at 31 December 2007, plus 1,100 MW in gross capacity under construction. With a presence in nine European countries and in the United States, EDF Energies Nouvelles operates in four renewable energy segments (wind, solar, biomass and hydro). Wind energy currently accounts for more than 80% of its installed capacity. With its unique profile as an integrated operator, EDF Energies Nouvelles, which posted 2007 revenues of €560 million , has a presence spanning the entire value chain, from development and construction through to production and operations & maintenance. The Group also pursues the development and sale of structured assets, which consists primarily in selling renewable energy generating assets to individuals or to energy services companies.

EDF Energies Nouvelles is a 50%-owned subsidiary of the EDF group.

Since 28 November 2006, EDF Energies Nouvelles has been listed in Compartment A of Eurolist by Euronext Paris (code: EEN, ISIN code: FR0010400143). http://www.edf-energies-nouvelles.com/

About EDF Energies Nouvelles Réparties

Founded in February 2008, EDF ENR is a jointly-owned subsidiary of EDF Energies Nouvelles and EDF.

EDF ENR has positioned itself in the market for distributed renewable energies, i.e. generated at the point of consumption (solar photovoltaic, solar thermal, heat pumps, wood-fired heating). EDF ENR markets extensive ranges, including equipment and services for individuals (sold under the Bleu Ciel d’EDF brand), professionals, businesses and local authorities.

About Nanosolar

Nanosolar is a global leader in solar power innovation. Nanosolar's solar electricity panels deliver unparalleled cost efficiency, enabling customers to use green power without paying more. More information on Nanosolar is available on the Internet at http://www.nanosolar.com/.

EDF EN
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