This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

SunEdison Partners With Rosedale Union School District To Deliver 1.8 MW Of Solar Power

BELMONT, Calif., May 21, 2014 /PRNewswire/ -- SunEdison (NYSE: SUNE), a leading solar technology manufacturer and provider of solar energy services today announced a partnership with Rosedale Union School District (RUSD) in Bakersfield, Calif. to install, monitor and manage 1.8 MW of solar at the district's nine schools. This solar energy and efficiency project is expected to save the district approximately $55,000 in year one and more than $2 million in energy costs over 20 years.

Solar shade canopies will be constructed in parking lots at the district's schools, taking advantage of underutilized space to produce clean solar energy and provide needed shade for parking.  Scheduled for completion by the end of this year, the project is expected to significantly reduce electricity usage, freeing up funds for important academic and enrichment programs across the district. SunEdison will install, monitor and maintain the solar system at no additional expense to the district.

"Our partnership with SunEdison will allow Rosedale Union School District to maximize our use of clean energy, and significantly reduce our utility expenses from day one, while providing us with a fixed cost of energy for the next 20 years," said John G. Mendiburu, Ed.D, Superintendent, Rosedale Union School District. "In addition to the cost savings and added value to the classroom, this project helps reduce our carbon footprint and create a sustainable and brighter future for our children."

"Leaders of the Rosedale Union School District have shown forward-looking vision in meeting the energy needs of their growing community," said Bob Hopper, Vice President Distributed Generation Origination & Strategy at SunEdison. "SunEdison works with progressive school districts across California to reduce energy costs and we look forward to partnering with other districts to realize energy efficiencies and funnel those savings back to the classroom."

Nearly 5,000 SunEdison Silvantis™ modules will be installed as part of this project scheduled to begin in the summer of 2014. Once operational, the solar systems will be managed by the SunEdison Renewable Operation Center (ROC), which provides global 24/7 asset management, monitoring and reporting services. Data collected from the ROC is used to continuously improve the company's products, project designs and service offerings.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,148.83 -23.85 -0.14%
S&P 500 1,993.01 -1.28 -0.06%
NASDAQ 4,529.9730 +2.2840 0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs