ENERGY STORAGE

EDF acquires UK solar and battery installer Contact Solar

February 26, 2024

Energy provider EDF has acquired UK solar panel and battery installer, Contact Solar.

“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, an EDF statement said. “This investment will 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.”

Founded more than a decade ago, Contact Solar specialises in domestic UK solar panels, commercial solar and battery storage for solar.

Contact Solar’s network of local installers across the UK will work with EDF to “deliver residential installs alongside solutions for local authorities, housing associations and developers in building and retrofitting homes”, the statement added.

Philippe Commaret, managing director of Customers at EDF, said: “We are a long-term partner to Britain and this investment marks another important step forward in our commitment to helping our customers achieve net zero. 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.”

Tom Taylor, director at Contact Solar, said: “We are delighted that EDF has chosen to acquire Contact Solar. We’ve experienced exponential growth in recent years thanks to the extraordinary competencies of our highly skilled workforce, who are incredibly passionate and dedicated. And this strategic move will not only accelerate our business growth but will also enable us to continue providing exceptional service to our customers, which has always been our top priority.”