Sunedison Opens Services Office In San Francisco

SOLAR DAILY

According to Thomas (Tom) Rainwater, CEO of SunEdison, "California is a cornerstone in solar energy deployments and the opening of this office in San Francisco will strengthen our presence in an important region for SunEdison. We are pleased to be leading our integrated services development from one of the most innovative regions in the world."

by Staff Writers
San Francisco CA (SPX) Apr 04, 2008
SunEdison has announced the opening of a key office in San Francisco. The SunEdison Northern California base will lead the company's integrated services development efforts, focusing on integrated solar monitoring and control systems with load management services.

The San Francisco office is the fourth office in California for solar energy services provider. SunEdison has more than 210 employees across California and 380 employees in total.

SunEdison established the industry's solar energy services model and the solar power services agreement (SPSA). SunEdison provides solar energy services under SPSAs to the nation's top retailers and several California public entities, including the city of San Diego, Port of Oakland, and California State University. SunEdison has more than 95 commercially operating solar power plants under management in California, totaling more than 27 MW.

Under the SPSA model, SunEdison finances, builds, manages, monitors and maintains distributed and utility-scale solar systems for leading organizations, which purchase the solar energy services under long-term predictably-priced contracts.

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MMA Renewable Ventures Finances SunPower Solar Systems At 14 Macy's Stores

San Francisco CA (SPX) Apr 04, 2008
MMA Renewable Ventures has announced that it has signed Power Purchase Agreements (PPAs) for 14 new solar electric systems at Macy's stores in California. MMA Renewable Ventures arranged equity investment for the first four systems through its Solar Fund III, a financing commitment with a subsidiary of Wells Fargo, under which Wells Fargo intends to fund 10-15 megawatts of solar energy projects nationwide.

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