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SunEdison And CAP Sign Agreement To Build 100MW Solar PV Plant In Chile

Stocks in this article: WFR

Once completed, the project will be managed by the SunEdison Renewable Operations Center (ROC).  With locations in Belmont, California (USA), Madrid Spain and Chennai India, the ROC provides round the clock monitoring and management services to a global portfolio of rooftop and utility installations including those owned and operated by SunEdison and third parties.  The ROC asset management services are structured to help power producers achieve maximum return on investment by maximizing plant efficiency.

SunEdison ranked as one of the leading solar power providers in 2012. As of September 2012, the company had interconnected over 850MW of solar energy around the world and has the unique combination of upstream product innovation, project development and ongoing asset management and services.  SunEdison has been operating in Latin America since 2010 with offices in Chile, Brazil and Mexico.

During the first year of operations the plant is expected to generate 270GWh of clean energy, avoiding the emission of over 135,000 tones of CO2/year into the atmosphere, which is the equivalent of withdrawing over 30,000 automobiles from circulation.



About SunEdison

SunEdison is a global provider of solar-energy services. The company develops finances, installs and operates distributed power plants using proven photovoltaic technologies, delivering fully managed, and predictably priced solar energy services for its commercial, government and utility customers. In 2011 SunEdison interconnected approximately 300 Megawatts of solar throughout the world. For more information about SunEdison, please visit http://www.sunedison.com

About MEMC

MEMC is a global leader in semiconductor and solar technology.  MEMC has been a pioneer in the design and development of silicon wafer technologies for over 50 years.  With R&D and manufacturing facilities in the U.S., Europe, and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells.  Through its SunEdison subsidiary, MEMC is also a developer of solar power projects and a worldwide leader in solar energy



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