China’s Suzhou Talesun Solar Technologies and Neoen, a French renewable energy producer, signed a strategic partnership agreement Dec. 26. 

The partnership between the two companies is based on their respective technical resources in the photovoltaic (PV) solar power energy sector. They also see an expanding European market as high energy prices make solar more attractive. 

Neoen is a leading producer of exclusively renewable energy in France. As of June, its installed capacity reached 5.6 gigawatts (GW) and is projected to grow to 10 GW by 2025. 

Talesun Solar has installed PV power plants in multiple countries in Europe, including France, Germany, Switzerland and the U.K. From 2021 to June 2022, Talesun Solar delivered 805 megawatts (MW) of PV modules to Europe. 

“We are honored to collaborate with a global leader in the renewable energy sector so we can jointly create outstanding PV power projects through the application of highly efficient, reliable PV modules,” Yabin Xing said, senior vice president of overseas marketing, sales and operation at Talesun Solar. 

Europe has attempted to transition quickly to renewable energy sources due to rising energy prices. Talesun and Neoen said they are taking advantage of “accelerated growth in demand” in the European market.

Combined installed PV capacity of all EU countries increased by 25.9GW to 164.9GW last year, breaking a 10-year record of added installed capacity in a single year, according to SolarPower Europe’s EU Market Outlook for Solar Power 2021-2025, Talesun said. 

“The firm plans to further expand its footprint in Europe, with the aim of contributing to the development of the continent’s renewable energy sector by providing premium, highly efficient PV solutions,” said Xing.