SunEdison Plans Solar Expansion in ‘Sunniest Continent on Earth’

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SunEdison Inc., the best-performing U.S. solar company this year, is targeting the rooftops of Australia’s airports, universities and retirement homes.

The company is seeking to install about 50 megawatts of solar power in the next 12 months in Australia and expects its team to grow to about 50 people, Jeremy Rich, managing director of its local unit, said Friday in a phone interview.