Scandoil  

SunEdison to add 1.6 Gigawatts of Wind Energy projects to development engine


Published Jan 9, 2015
SunEdison Inc.

SunEdison, Inc. has purchased new turbines that will enable SunEdison to develop up to 1.6 gigawatts (GW) of incremental wind energy projects which qualify for the U.S. federal production tax credit (PTC). TerraForm will purchase the projects from SunEdison once they achieve commercial operation.

On November 17, 2014 , SunEdison and TerraForm announced that they had signed a definitive agreement to acquire First Wind for $2.4 billion . The purchase included over 1.6 GW of pipeline and backlog projects of which 1.4 GW were already PTC and or ITC qualified projects and an additional 6.4 GW of project development opportunities.

Tags: SunEdison Inc.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml