Hanwha SolarOne (formerly Solarfun) (SOLF) has signed a 54MW solar supply deal with MEMC Electronics (MEMC) to supply its SunEdison subsidiary for this year for use in utility scale power plants. An optional additional 30MW is available as well.
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Dr. Peter Xie, President of Hanwha SolarOne, commented, "We are pleased that MEMC has again selected us as a supplier of PV modules for SunEdison projects. … Read the rest
SunEdison, a subsidiary of MEMC Electronic Materials (WFR), and Arizona Public Service have announced plans to build a 10MW utility scale solar plant located near the Prescott Regional Airport. SunEdison will own and operate the plant while APS will be purchasing the output which would meet the electricity needs of 2500 residents in the area. This project adds to the previously announced 20MW and 17MW plants the companies will partner on in the area. However, … Read the rest
SunEdison, a subsidiary of MEMC Electronic Materials (WFR), and Xcel Energy (XEL) have broken ground on 54MW in solar projects in New Mexico. The project will cover five separate sites in two counties and are expected to be completed by the end of next year. SunEdison will build, finance and maintain the projects while Xcel Energy will ultimately purchase the electricity under a 20 year power services agreement. The projects help the state reach its … Read the rest
MEMC Electronic Materials (WFR) subsidiary SunEdison will deploy utility scale solar plants in Texas through a contract with CPS Energy and combined it’s expected to be one of the largest solar facilities in the state. SunEdison will build, own and operate three solar plants totaling 30MW which will help CPS Energy achieve its renewable energy target of 20%. Construction will begin next year. No word on the financials of the deal.
Trina Solar (TSL) has announced that its US subsidiary will supply MEMC Electronics (WFR) subsidiary SunEdison with 35MW of solar modules for the rest of this year to be used in projects in the US and Europe.
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“This collaboration once again demonstrates Trina Solar’s ability to partner with leading U.S. solar industry players to create effective PV solutions in the U.S. market,” said Mr. Sean … Read the rest
MEMC Electronic Materials (WFR) SunEdison division announced its plans to produce racking equipment for its Canadian solar projects with Samco Solar, a division of Samco Machinery. The partnership will be a big benefit to Samco Machinery which has been hit hard in a tough economy. It will produce 15 – 18 permanent jobs for the company and many more temporary positions. The retooling of the Samco plant has begun and they are expected to begin … Read the rest
SunEdison, a division on MEMC Electronic Materials, just announced that it has been selected by LaSalle Investment Management to develop, finance, build, own, operate, monitor and maintain 2.1 MW worth of PV solar energy systems on LaSalle’s facilities.
The power produced by these systems will be bought by Ontario Power Authority under its feed-in-tariff program. Meanwhile, LaSalle will get lease revenue out of the deal.
====> Click Here For Your FREE MEMC Electronics Technical Analysis… Read the rest
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.… Read the rest
SunEdison just announced that it has begun producing power from its new 1.1 megawatt rooftop solar system at the Staples fulfillment center in La Mirada, California. This is the 32nd solar power system that Staples has hosted for SunEdison. Staples purchases the power produced by the systems.
In a press release, Jaime A. Smith, vice president of North American sales for SunEdison, commented on the news:
“Our activation with Staples is just the latest … Read the rest
SunEdison, a division of MEMC Electronic Materials, just announced a new joint venture with First Reserve. The joint venture could provide funding for the acquisition of up to $1.5 billion in solar projects.
To start, SunEdison and First Reserve will contribute an initial equity commitment of 167 million. Combined with additional debt financing under consideration, this will fund the acquisition of $825 million of SunEdison’s solar assets. Depending on market conditions, First Reserve may also … Read the rest