SunEdison (WFR) Gets Contract With School District

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12:45:38 pm on December 10, 2009

According to this press release, SunEdison, a subsidiary of MEMC Electronic Materials, has entered an agreement with the The Irvine Unified School District (IUSD) Board of Education and SPG Solar to build solar PV installations to generate electricity for 21 school district sites.

Per the agreement, SunEdison will handle all of the upfront costs of financing, building and maintaining the installations, while the school district purchases the power. The installations will also be used to introduce schoolchildren to solar PV concepts, which will be incorporated into the curriculum.

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