SunEdison to Install Four Solar Systems for City of Long BeachJustin Doom
SunEdison Inc., a U.S. solar-panel maker and power-plant developer, agreed to install four systems with total output of about 2.5 megawatts on Long Beach, California, city buildings.
The systems will be added to Long Beach’s airport and health department building, among other locations, Maryland Heights, Missouri-based SunEdison said Thursday in a statement. Terms weren’t disclosed.
Long Beach agreed to buy electricity from the solar projects under a long-term contract and expects to save $60,000 the first year. SunEdison will operate and maintain the systems.
SunEdison expects to complete solar and wind projects with 2,100 megawatts to 2,300 megawatts of capacity this year. Installations are expected to rise next year to 2,800 megawatts to 3,800 megawatts, increasing to 3,800 megawatts to 4,000 megawatts in 2017.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.