French Energy Giant EDF Enters China’s Rooftop Solar Market

According to a joint statement, the two partners will benefit from ACC’s local footprint in distributed solar energy and from EDF Energies Nouvelles’ international distributed solar energy and self-consumption expertise solutions for industries.

EDF Energies Nouvelles, the renewable energy arm of French state-controlled utility giant EDF, is to establish a joint venture with clean energy investor Asia Clean Capital (ACC), aiming at rooftop solar projects in China.

According to a joint statement, the two partners will benefit from ACC’s local footprint in distributed solar energy and from EDF Energies Nouvelles’ international distributed solar energy and self-consumption expertise solutions for industries.

ACC’s business focuses on rooftop solar projects. It invests in the solar projects and undertakes the design, construction, and long-term system maintenance.

Thomas Lapham, CEO of Asia Clean Capital, said “We are tremendously excited to work with EDF Energies Nouvelles, given their unparalleled experience and expertise in renewable energy worldwide. We will tap our respective advantages and help more companies generate and use green electricity.”

Operating in China for more than 30 years, EDF works in several segments of the energy market including nuclear power, renewable energy and energy services.

“As a subsidiary of the EDF Group, a global leader in low-carbon energy, EDF Energies Nouvelles is committed to using its expertise in distributed renewable energy in France and in the United States, as well as EDF’s historic presence in the Chinese electricity market to develop and expand this newly formed joint venture with ACC,” Bruno Fyot, Chief Operating Officer of EDF Energies Nouvelles said.