MEMC Electronic Materials' subsidiary SunEdison opens its global headquarters in Belmont, California
October 11, 2011
– SunEdison Opens Headquarters in Solar-Friendly Belmont, California; Focuses on Long-Term Global Growth
SunEdison, a leading global provider of solar energy services and subsidiary of MEMC Electronic Materials (NYSE: WFR), was joined yesterday by California Governor Jerry Brown and other government officials and special guests to recognize the opening of the company's global headquarters in Belmont, California.
SunEdison has more than 340 megawatts of solar energy generation capacity deployed across 500 government, commercial and utility solar energy projects making it the largest solar energy services provider in North America. Along with its experience and proven track record for providing quality service, SunEdison is backed by the resources, research and technology of MEMC, a leader in the design and development of semiconductor and solar energy technologies for more than 50 years.
"Locating the SunEdison headquarters to California, the largest energy market in North America with a longstanding commitment to renewable energy, positions us to support better our customers," said Carlos Domenech, president of SunEdison. "Being in Silicon Valley gives us access to a wider talent and companies that are motivated to solve the supply and demand challenges that electric power faces. California has long been a trendsetter in technology, business innovation and caring for the environment. Being here will help us to make solar a viable and meaningful source of energy."
Governor Brown noted that the addition of the SunEdison headquarters is a great step toward building California from the nation's to the world's leader in solar energy, and showcasing that California is open for business. The Governor also said that California has the resources to help SunEdison grow thanks to the state's ethos of creativity, openness to new ideas, ability to think outside-the-box and a willingness to take risks in order to foster job growth and build a leading renewable energy sector.
Joining Governor Brown and Domenech at the event were Board of Equalization member Betty Yee; Assemblyman Jerry Hill; Senator Leland Yee; and Belmont Mayor Coralin Feierbach.
SunEdison is a global provider of solar energy products and services. The company develops, finances, installs and operates distributed power plants using proven photovoltaic technologies, delivering fully managed, predictably priced solar energy services for its commercial, government, utility and residential customers. To date, SunEdison has deployed over 450 megawatts of solar energy throughout the world. For more information on SunEdison please visit www.sunedison.com.
MEMC is a global leader in semiconductor and solar technology. MEMC 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, MEMC enables the next generation of high performance semiconductor devices and solar cells. Through its SunEdison subsidiary, MEMC is also a developer of solar power projects and a worldwide leader in solar energy services. MEMC's common stock is listed on the New York Stock Exchange under the symbol "WFR" and is included in the S&P 500 Index. For more information about MEMC, please visit www.memc.com.