Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,374.40 111.84 0.69%
S&P 500 1,853.47 10.49 0.57%
NASDAQ 4,064.68 30.52 0.76%
Ticker Volume Price Price Delta
STOXX 50 3,139.26 47.74 1.54%
FTSE 100 6,584.17 42.56 0.65%
DAX 9,317.82 144.11 1.57%
Ticker Volume Price Price Delta
NIKKEI 14,417.68 420.87 3.01%
TOPIX 1,166.55 30.46 2.68%
HANG SENG 22,696.01 24.75 0.11%

SunEdison Launches Solar Water Pumps in India



                SunEdison Launches Solar Water Pumps in India

SunEdison Solar Water Pump transforms the lives of farmers by increasing their
crop yield, income and quality of life

PR Newswire

CHENNAI, India and BELMONT, Calif., Nov. 14, 2013

CHENNAI, India and BELMONT, Calif., Nov. 14, 2013 /PRNewswire/ --  SunEdison
(NYSE: SUNE), a leading solar technology manufacturer and provider of solar
technology and solar energy services, today launched the SunEdison Solar Water
Pump, a high performance solar PV-based water pump specially designed for
agriculture. The Solar Water Pump will address a significant market, and help
increase crop yield by delivering reliable irrigation without dependence on
expensive diesel fuel or intermittent electrical power supply.

(Photo: http://photos.prnewswire.com/prnh/20131114/NY17123-a)
(Photo: http://photos.prnewswire.com/prnh/20131114/NY17123-b) 
(Photo: http://photos.prnewswire.com/prnh/20130116/NY43577-b)

Commenting on the launch,  Mr. Pashupathy Gopalan, President, SunEdison, Asia
Pacific, GCC and South Africa said, "SunEdison is committed to transforming
lives through innovation. Our solar water pumps empower farmers to grow cash
crops that require predictable irrigation and enables them to utilize land
that they previously could not irrigate."

The SunEdison solar water pump, designed by R&D teams in California, USA and
Bangalore, India, is an attractive solution for farmers who need year-round
cultivation and predictable daytime irrigation.  According to a study by IIT
Bombay, effective irrigation can lead to a significant increase in yield.
Thus, solar water pumps can result in improved yields and can even provide an
additional crop each year, enhancing food security. Solar pumps also benefit
electricity supply companies and surrounding communities by reducing strain on
the grid. Intended for use in rural environments, these innovative pumps
feature rugged structural design, and are available in 3HP (horsepower), 5HP,
7.5HP and 10HP variants.

"SunEdison's solar water pump solution addresses and enables a large and
growing market," said Ahmad Chatila, President and CEO of SunEdison. "It is a
tremendous opportunity for us to grow our business and help people transform
their lives."

SunEdison aims to bring the best in technology and quality to our customers.
The solar pumping systems are designed with state of the art features and
provide best-in-class performance. An intelligent pump controller continuously
monitors power available from solar PV modules and drives a high-efficiency
3-phase AC pump at variable speeds to use every watt of power available and
provide water through the day. Rugged industrial design ensures reliable
performance in the most adverse operating conditions and ensures reliable and
safe operation for over 15 years, while allowing for easy maintenance.

SunEdison India
SunEdison works with state governments, commercial and industrial customers,
and other blue chip companies in India to design innovative and affordable
solar solutions for their energy requirements. The Solar Water Pump launch is
an extension of SunEdison's Eradication of Darkness program, which initiated
with the implementation of an off-grid rural electrification project in
Meerwada, providing light to over 400 villagers. SunEdison also has developed
a 1 MW solar power plant suspended over the Narmada Canal and executed the
first Solar PPA in India commissioned at Standard Chartered Bank, Chennai. In
2012 the Independent Power Producers Association of India (IPPAI) named
SunEdison "The Best Solar Power Producer" of the year.

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." To learn more visit
www.sunedison.com.

SOURCE SunEdison

Website: http://www.sunedison.com
Contact: Suresh Krishnan / Aditya Nagarajan, IPAN Hill and Knowlton Strategies
for SunEdison, suresh.krishnan@hkstrategies.com /
aditya.nagarajan@hkstrategies.com, +91 9840097045 / +91 9840629649; Vishwa
Dave, SunEdison Energy India Pvt Ltd, vdave@sunedison.com, +91 9940105622;
Dawn Brister, SunEdison U.S.A., dbrister@sunedison.com, +1 650-453-5685; Alana
Herro, Hill and Knowlton Strategies for SunEdison,
Alana.herro@hkstrategies.com, +1 415-281-7133
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement