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SunEdison

Italy has largest PV solar farm in Europe

As of November, the Italian city of Rovigo is home to the largest photovoltaic (PV) solar plant in Europe, SunEdison announced today.

SunEdison, a subsidiary of the silicon wafer manufacturer MEMC Electronic Materials, is right, but even it admits the claim comes with a qualifier by calling the 70-megawatt plant "Europe's largest single site solar farm."

For there are many large-scale solar projects both in existence and under way in Europe involving more megawatts, but very often those announcements of super-megawatt projects are really a series of smaller, interconnected PV farms spread out over a region.

Brandenburg, … Read more

SunEdison banks money to finance solar projects

Solar project developer SunEdison has secured a financing package projected to reach as high as $1.5 billion to install solar power at businesses and utilities, the company said Tuesday.

SunEdison and First Reserve, a private equity firm that invests in energy, announced a joint venture to finance, build, and operate solar photovoltaic projects.

The initial investment in the joint venture is $167 million, and First Reserve may later raise another $150 million in equity. To finance large-scale solar projects, the joint venture will borrow money. The combined project financing debt and equity could result in $1.5 billion worth … Read more

Italy green-lights largest PV solar plant in Europe

MEMC Electronic Materials subsidiary SunEdison announced Thursday it has received final approval from the Italian government to build a 72-megawatt photovoltaic solar power plant.

The solar services company has found a home for its plant just outside Rovigo, Italy, a city roughly halfway between Bologna and Venice. The choice is not surprising given the community's many progressive green policies and initiatives already in progress.

Rovigo's motto is "the city of change" and it's a member of CLEAR (City and Local Environmental Accounting Reporting), an EU project in which member towns and cities pledge environmental accounting … Read more