SunEdison, a subsidiary of MEMC Electronic Materials, just announced a new agreement with Weingarten Realty Investors to lease space on their unused rooftops for up to 10 MW worth of PV solar installations. Weingarten Realty will then purchase the energy produced by the systems at below-retail rates, or will allow their tenants to do so.
In a press release, Bill Goeke, Senior Vice President, Property Management of Weingarten Realty Investors, commented on the news:… Read the rest
SunEdison, a division of MEMC Electronic Materials,has just announced that it has been selected to build 12 new solar power plants in Italy. The plants are to be located in the Lecce, Apulia. Each will have a capacity of 1MW. To finance the projects, SunEdison also announced a financing deal with Norddeutsche Landesbank for 47 million euros.
In a press release, Carlos Domenech, president of SunEdison, commented on the news:
“The announcement of these projects, … Read the rest
MEMC Electronic Materials’ SunEdison just announced that it has been selected to develop and construct as many as 14 rooftop solar PV systems for The Remington Group in Ontario, Canada. The systems, with an expected total capacity of up to 3 MW, will be build on top of Remington facilities and the power produced will be purchased by the Ontario Power Authority.
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In a press … Read the rest
MEMC Electronic Materials just announced that its division SunEdison has been selected to build a 72 MW solar power plant in Rovigo, Italy. The project is expected to be the largest European solar power plant. It is expected to begin producing power in the second half of this year, and to be completely finished by the end of 2010. SunEdison is partnering with Banco Santander for financing and expects to line up other financial partners … Read the rest
SunEdison, a subsidiary of MEMC Electronic Materials, just announced that it has been selected by Xcel Energy’s subsidiary Southwestern Public Service Company to build five 10 MW solar PV installations in New Mexico, for a total of 50 MW of solar power.
Under the terms of the agreement, SunEdison will finance and build the installations and Xcel will buy the power under a 20-year purchase agreement.
In a press release, Riley Hill, president and … Read the rest
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 … Read the rest
MEMC Electronic (WFR) announced today it’s diversifying its business with the $200 million purchase of the largest North American solar services provider SunEdison. The payout will include cash and options and is expected to close by the end of the year and begin contributing to earnings in the second half of 2010.
This is a good move in my opinion and positions the company as a complete solar provider while creating greater efficiencies for … Read the rest