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SunEdison Interconnects 117 MW Of Utility-Scale Solar Projects In United Kingdom
Establishes Strong Foothold in Growing U.K. Solar Market



May 6, 2014

SunEdison (NYSE: SUNE), a leading solar technology manufacturer and provider of solar energy services announced it has completed construction of a 117 MW (megawatt) DC (direct current) portfolio of utility-scale photovoltaic (PV) solar power plants across the United Kingdom. The portfolio is comprised of eight separate solar power plants.

"We just entered the U.K. solar market this year and have already interconnected eight plants," said Jose Perez, president of SunEdison Europe, Africa and Latin America. "This is a testament to our ability to enter a new market and efficiently execute projects that add to the company's bottom line. We attribute much of our success to our ability to find highly-qualified local vendors to partner with. They provide localized expertise while helping us support the local job market."

SunEdison recently signed a 15-year power purchase agreement (PPA) with Statkraft, a market leading purchaser of independently generated electricity in the U.K. Under the terms of the PPA, Statkraft will purchase the renewable energy generated from SunEdison's 88 MW DC portfolio of six utility-scale photovoltaic solar power plants currently under construction throughout the U.K.

About SunEdison

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."

For more information :

Organization:
SunEdison
Address:
12500 Baltimore Ave
Beltsville, Maryland
United States, 20705
www.sunedison.com

Contact person:
Dawn Brister, Media Conact
SunEdison U.S.A.
Tel: 650-453-5685
E-mail: dbrister@sunedison.com

Contact person:
Chris Chaney, Investors/Analysts Contact
SunEdison
Tel: (636) 474-5226
E-mail: cchaney@sunedison.com

Contact person:
Virginia Amador
SunEdison Europe
Tel: +34 915 242 670
E-mail: vamador@sunedison.com


Link http://www.electricenergyonline.com/detail_news.php?ID=480898
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