BELMONT, Calif. and TORONTO, Dec. 10, 2013 /CNW/ - SunEdison (NYSE: SUNE), a leading worldwide solar energy services and technology provider, today announced that it expects to interconnect over of 68 megawatts direct current (MW DC) of new solar power in Ontario by the end of 2013 bringing its cumulative Ontario Interconnections to approximately 130 MW.
"SunEdison continues to lead the way in smart energy solutions and technologies in Canada," said Bob Powell, President, North America, SunEdison. "Together we are showing how smart energy solutions can not only power Canada but also help spur the economy and transform the energy mix to provide Canadians with cleaner electricity options."
SunEdison is Canada's leading solar solutions company and continues to help organizations across the country access the benefits of solar while generating new revenue streams, improving the environment and transforming lives through innovation.
"This has been our busiest year yet in Canada," Michael Dilworth, General Manager and Vice President, SunEdison Canada, said. "We want to thank the Ontario government for its continued commitment to solar, the communities in which we work and our experienced team who have made all this happen. We are proud to reach this milestone and we look forward to continuing to grow our business in Canada to create a stronger economy and cleaner environment."
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." To learn more visit www.sunedison.ca
Certain matters discussed in this press release are forward-looking statements, including that an excess of 68 megawatts (MW) (DC)of new solar power will be interconnected in Ontario by the end of 2013. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include normal commissioning risks attendant to large scale solar projects, delays or interruptions in construction, deployment or activation; the timely availability of required permits and authorizations for projects from governmental entities and third parties; changes in applicable regulatory requirements and incentives for production of solar power; and general business and economic conditions, including seasonality of the industry, and other risks described in SunEdison's filings with the United States Securities and Exchange Commission. These forward-looking statements represent SunEdison's judgment as of the date of this press release. SunEdison disclaims, however, any intent or obligation to update these forward-looking statements.
For further information:
Dawn Brister, SunEdison U.S.A., firstname.lastname@example.org, +1 650-453-5685