SunEdison, DRI Energy sign partnership for solar power installations

Beltsville, Md., August 5, 2010 — SunEdison and DRI Energy formed a partnership to deploy photovoltaic power plants in California, Hawaii and Arizona. The initial partnership is set to deploy over 19 MW of solar capacity.

Under the channel partner agreement, SunEdison will finance solar power deployment contracts facilitated by DRI Energy with commercial, government and utility clients.

SunEdison will also own, operate, maintain and monitor the solar power plants, which will be designed, engineered and constructed by DRI Energy.

“SunEdison’s leadership position in the solar industry provides the experience and expertise customers require in today’s market,” said Steve Kelley, Executive Vice President, DRI Energy. “DRI looks forward to combining our outstanding execution capabilities with SunEdison’s financing excellence to provide the market with the highest quality of service.”

“SunEdison is proud to name DRI Energy as one of our preferred channel partners,” said Jaime A. Smith, Vice President of North American Sales for SunEdison. “Together with DRI’s outstanding solar integration experience and SunEdison’s financing capabilities, we’ll deploy solar faster and more cost effectively for our customers.” 

SunEdison and DRI Energy have already successfully deployed solar projects in California and have several others currently under construction.

 

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