Seven Solar Power Plants Will Generate Enough Electricity to Power Over 4000 Utah Homes
SunEdison, Inc. (NYSE: SUNE), the world's largest renewable energy development company, today announced the groundbreaking for the 22.6 megawatt (MW) DC Seven Sisters solar project in Southern Utah. The Seven Sisters are seven separate solar power plants, four of which are located in Beaver County and three in Iron County, Utah. Rocky Mountain Power, a division of PacifiCorp will purchase the electricity under seven separate 20-year power purchase agreements with SunEdison. These projects are on the Call Right Projects List for TerraForm Power, Inc. (Nasdaq: TERP), a global owner and operator of clean energy power plants. SunEdison anticipates offering these projects to TerraForm Power for investment upon completion.
"We are excited to be breaking ground today for the Seven Sisters solar project," said Paul Gaynor, Executive Vice President of North America Utility and Global Wind at SunEdison. "These solar power plants will provide significant economic and environmental benefits for the people of Utah. We look forward to continuing to work closely with Beaver and Iron counties, Rocky Mountain Power, and the State of Utah."
"We are pleased that the world's largest renewable energy developer has chosen to build these clean energy power plants in Utah," said Gov. Gary R. Herbert. "These SunEdison projects will produce significant construction job opportunities and meaningful property tax enhancements in Iron and Beaver Counties, while helping resource diversification - both geographic and technological - underway in the West."
"Iron County Economic Development is thrilled to be a partner in the Seven Sisters Solar Project," said Danny Stewart, Iron County Economic Development Director. "The three Iron County sites will have a significant impact on the local economy through the creation of construction jobs and new property tax revenue from the power plants that will be shared by the county, water conservancy district and school district. Iron County looks forward to this collaboration and the continued efforts to advance clean energy development in Southern Utah."
Operation and maintenance of the solar power plants will be performed by SunEdison Services, which provides global 24/7 asset management, monitoring and reporting services.
www.sunedison.com
