SunEdison Manufactures Over 1 GW of Photovoltaic Solar Modules
1 GW milestone reached in less than 3 years
BELMONT, Calif., March 27, 2014
BELMONT, Calif., March 27, 2014 /PRNewswire/ -- SunEdison (NYSE:SUNE), a
leading solar technology manufacturer and provider of solar energy services
announced today that they have shipped over 1 GW (gigawatt) of Silvantis™
Solar PV modules, making them one of the top 5 solar module manufacturers in
the world. Growth was driven by strong demand for high performance solar
modules from SunEdison's utility and commercial business groups and external
SunEdison and MAHB Announce First Malaysian Solar Installation at KLI.
"This is an exciting time for SunEdison because we have created a business
model that leverages our innovations in silicon and module technology while
minimizing capital requirements," Gokul Krishnan, Module Business Unit General
Manager, Solar Modules, SunEdison, said. "With our advanced silicon and
crystal technology we were able to design highly efficient and reliable solar
modules. To limit capital outlay we partnered with experienced contract
manufacturers who assemble our modules to specification, under rigorous
quality control. Hitting the 1 GW milestone in less than 3 years is a
Production of solar modules is a key element in the vertical integration of
SunEdison's energy business. SunEdison produces the silicon, specifies the
technology and production of solar modules, develops business across all key
global market segments, and provides ongoing monitoring of completed solar
"The dedication and excellence of our team, our advanced technology, and the
tremendous support of our partners has enabled us to achieve our production
goals faster than planned" said Dave Ranhoff, president, Solar Materials,
SunEdison. "Our focus on delivering the most advanced, lowest cost solar
modules, in the most capex efficient way, is unwavering."
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
24 MW DC Cascade Solar Plant Constructed by SunEdison located in California
Desert, Largest plant interconnected to date under California RAM program.
Financing provided by Wells Fargo, SDG&E to purchase electricity generated.
Contact: Dawn Brister, SunEdison U.S.A., firstname.lastname@example.org, +1
650-453-5685 or Mark Sutherland, Elasticity for SunEdison, email@example.com,
+1 314-913-0674; Investors/Analysts: Chris Chaney, SunEdison (636) 474-5226,
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