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HomeRenewablesbatteryEDF acquires solar panel and battery installer

EDF acquires solar panel and battery installer

EDF has acquired Chorley-based solar panel and battery installer Contact Solar.

The acquisition follows last year’s acquisition of heat pump installer CB Heating.

With solar panels reducing electricity consumption by up to 74% in each home, take-up is predicted to increase by 75% between now and 2030.

This investment aims to ensure EDF has the required flexibility and capacity to meet customer demand both now and in the future, as well as supporting growth in Contact Solar.

Philippe Commaret, Managing Director of Customers at EDF, said: “We know more and more people want to save cash and carbon and by acquiring a company like Contact Solar we can help them by providing better value and a truly great end-to-end solar panel install service, utilising a company whose expertise, knowledge and service is exceptional.”

Energy Live News
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This article first appeared on Energy Live News, an award winning news service. Their mission is to give you balanced news, analysis, commentary of energy from their dedicated team of quality journalists and production staff.
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