April 21, 2014
SunEdison (NYSE:SUNE), a leading solar technology manufacturer and provider of solar energy services has interconnected a 20-megawatt AC (alternating current) solar plant in Kern County, California. The project, known as the Adobe Solar Facility, is owned by Southern Company subsidiary Southern Power and Turner Renewable Energy and is composed of 80,000 SunEdison Silvantis(TM) Solar PV (photovoltaic) modules.
SunEdison was responsible for building the Adobe facility, and will provide asset management and 24/7 monitoring and maintenance services through its Renewable Operations Center. This project marks the fourth time that Southern Power and Turner Renewable Energy have partnered with SunEdison since June 2012. Previous projects include the 20 MW AC Apex project in Nevada, the 30 MW AC Spectrum project in Nevada, and the 2.5 MW AC Granville project in North Carolina.
"We are proud to complete our fourth project with Southern Power and Turner Renewable Energy; longstanding partnerships like this one are critical to SunEdison's continued growth," said Bob Powell, President, North America for SunEdison. "Southern Company and Turner Renewable Energy are demonstrating their commitment to extending the use of renewable energy in the United States and we are honored that they have repeatedly chosen to work with us."
"Since 2010, the Southern Power and Turner Renewable Energy partnership has developed more than 220 MW of solar generation in America," said Southern Power President and CEO Oscar Harper. "We're pleased to once again partner with SunEdison through the acquisition of the Adobe Solar Facility - adding another 20 MW of solar resources and further strengthening our growing renewable energy portfolio."
Southern California Edison, a subsidiary of Edison International, will buy the power generated by the facility under the terms of a 20-year power purchase agreement. Over the course of 20 years, this system is designed to produce enough electricity to power nearly 92,000 homes and offset carbon emissions equivalent to removing almost 102,000 cars from the road for one year.
SunEdison is a global leader in semiconductor and solar technology. SunEdison's semiconductor business 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, SunEdison enables the next generation of high performance semiconductor devices. SunEdison's solar business develops, finances, installs and operates distributed power plants, delivering predictably priced solar energy and services for its commercial, government and utility customers. SunEdison's common stock is listed on the New York Stock Exchange under the symbol "SUNE."
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