Long Island and SunEdison in 14MW Solar Power Deal

Sunedison CEO Ahmad Chatila

Sunedison CEO Ahmad Chatila

SunEdison, Inc. (NYSE: SUNE) the world’s largest renewable energy development company, today announced that it has signed agreements with five municipal entities on Long Island to build seven solar power plants totalling 14 megawatts (MW) DC.

The electricity from these power plants will be sold to the Long Island Power Authority (LIPA), an electricity service provider for 1.1 million customers in Long Island , New York , through separate 20 year power purchase agreements. The contracts with the Town of Southold , Town of Easthampton, Nassau County , Suffolk County and the Suffolk County Water Authority were awarded as part of the LIPA 100 MW Clean Solar Initiative Feed-in Tariff program.

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