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Update 1-Enxco, Suntech tie up in 115 MW sales deal

Wed Nov 4, 2009 6:21am IST
 
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* Chinese panel maker to ship 115 MW to enXco in 2010

* Panels for rooftop and utility projects in U.S., Canada

* Agreement with enXco, a unit of EDF Energies Nouvelles

LOS ANGELES, Nov 3 (Reuters) - Chinese panel maker Suntech Power Holdings Co Ltd (STP.N: Quote, Profile, Research) will sell 115 megawatts worth of solar panels in 2010 to EDF Energies Nouvelles (EEN.PA: Quote, Profile, Research) unit enXco, the renewable energy developer said on Tuesday.

The panels will head to enXco's projects in the United States and Canada for rooftop and utility-scale projects, enXco in a statement.

The companies did not immediately disclose when the panels were slated to be shipped during 2010.

The deal follows reports last week that Suntech is seeing good signs of sales for next year. [ID:nN27106054]

Earlier this year EDF Energies Nouvelles tied up with U.S. solar panel maker First Solar Inc (FSLR.O: Quote, Profile, Research) to build France's largest solar panel manufacturing plant. [ID:nLN142063]

Shares of Suntech closed up 2.7 percent at $12.71 on Tuesday on the New York Stock Exchange. (Reporting by Laura Isensee; Editing by Gary Hill)

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