MEMC

South Africa Solar Power Project Financed by OPIC

The US development finance agency will provide as much as $250 million in financing for MEMC and its SunEdison solar energy subsidiary, along with two local companies, to develop a 60-megawatt PV facility in the Free State province town of Boshoff. The project is the result of the companies’ successful bid in South Africa’s historic Renewable Energy Independent Power Producers Program. […]

MEMC SunEdison Stakes out $4.6 Billion in Solar Power Projects as Japan Readies Feed-In Tariff

Solar and renewable energy industry players are jockeying for position and ramping up project development plans and investment as Japan readies a landmark renewable energy feed-in tariff due to go into effect July 1. MEMC Electronic Materials’ SunEdison announced plans to invest an initial $4.6 billion to build solar power projects in the Land of the Rising Sun and is discussing potential project sites for 1-GW of solar energy capacity with local governments.