US solar company SunEdison activates 16MW solar farm

4 February 2010

US solar energy service provider SunEdison, a subsidiary of NYSE-listed MEMC Electronic Materials, has activated the first phase of its 16MW solar farm in Davidson County, North Carolina.

The first phase of the project represents 4MW of generation capacity and is comprised of more than 14,000 solar panels that the company predicts will generate over 6 million KWh of electricity in the first year of operation. Over the 20 year output contract to Duke Energy, the farm will generate 115 million KWh of electricity.

‘This first phase represents a major milestone in our overall plan to develop 16MW of solar energy at this site,’ said SunEdison president Carlos Domenech. ‘Having financed and completed this initial installation, we have mobilised resources for the next phase of the solar farm.’

The farm is one of several North American utility-scale power plants that SunEdison has financed and developed, and now operates.

SunEdison finances, installs and operates solar power plants. With R&D and manufacturing facilities in the US, Europe and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells.

Headquartered in North Carolina, US, Duke Energy is a Fortune 500 company traded on the New York Stock Exchange.

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Tags: solar

This story was published on Thursday, February 4th, 2010 at 7:00 pm and is filed under North America, companies, solar. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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