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Many of you would have heard about SunEdison, a leading developer of solar PV power plants in India. I recently received a presentation that highlighted the status and progress of its efforts in India. Am providing a brief summary and a link to the presentation

About the company

SunEdison develops, builds, finances, and operates turnkey solar power plants to provide our customers electricity at predictable and competitive prices

Leading solar services provider around the world

  • First to provide solar PPA for commercial turnkey solar power plants
  • Systems operating at 104% of underwritten investment

MEMC, parent company of SunEdison – 50 year old company, among the top 5 manufacturers of polysilicon & silicon wafers for the solar and semiconductor industries

SunEdison highlights in India

SunEdison, which has strong expertise in Ground Mount & Rooftop Systems across the world, has been implementing some excellent SPV projects in India too:

  • Largest Utility Scale Solar Developer in India 54 MW+ commissioned across Gujarat, Rajasthan and UP
  • Awarded projects under National Solar Mission and various State solar policies
  • Raised $100 Million non-recourse debt financing for the projects with partners like IFC, OPIC, IDFC etc.
  • Implementation experience across multiple technologies
    • Multi crystalline silicon PV with Fixed tilt
    • Multi crystalline silicon PV with Trackers
    • Thin Film with Fixed tilt
    • Cadmium Telluride with Fixed tilt
  • First Rooftop Solar Private PPA in India (Standard Chartered Bank, Chennai)
    • Elevated Structures were used to ensure roof usage is not curtailed
    • 30 Lakh kWh over the next 20 years – Powering 800 Indian homes for 1 year
    • 200 Tonnes of Carbon Dioxide Emission reduction
  • Largest Solar PV Project in Indian Telecom Sector 100 kW at Airtel Rooftop, Gangaganj, Lucknow
    • Non-penetrating ‘Delta Rack’ structures – no roof damage
    • High efficiency Mono crystalline modules
    • Real time remote monitoring
    • “Batteryless” system – minimal maintenance

To know more about SunEdison’s work in India, please see the following presentation (PDF)