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MEMC Wins Contracts to Sell 86.5 Megawatts of Solar Power


30 Nov. 2012 by

BLOOMBERG - MEMC Electronic Materials Inc. (WFR)’s SunEdison solar development unit won contracts to sell 86.5 megawatts of power from solar farms to three southern California utilities.


SunEdison will design and build the 20 megawatt North Lake I solar plant in western Riverside County and sell the output to Riverside Public Utilities under a 25-year contract, the St. Peters, Missouri-based company said today in a statement. Construction is expected to begin in 2014 and it will start delivering power the following year.

 

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