SunEdison (WFR) Purchases 2 of TransAlta’s Canadian Solar PV Projects

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08:35:08 am on June 16, 2010

SunEdison, a subsidiary of MEMC Electronic Materials, just announced that it has purchased 2 solar PV projects from TransAlta. The projects are located in Ontario, and SunEdison will finance, build, own, operate, monitor and maintain them once they are completed.

The first site will be a 10-MW project under the Renewable Energy Standard Offer Program. The second will be part of Ontario’s Feed-in-Tariff (FIT) program.  The Ontario Power Authority will purchase power from both projects.

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In a press release, Jason Gray, Canada Country Manager for SunEdison., commented on the news:

“We are excited to have purchased these solar photovoltaic development projects. SunEdison has a successful record of utility-scale solar PV system installations. We have the proven ability to bring solar energy projects to fruition and to do so quickly, so that we can all enjoy a cleaner, greener Ontario.”

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