SkyPower and SunEdison JV Awaits Approval for U.S.-Canadian Solar Facility

SunEdison LLC and SkyPower Corp., a Canadian-based renewable energy developer, have entered into a joint venture (JV) to develop, build, own and operate up to 50 megawatts (MW) of solar photovoltaic (PV) farms across Ontario.

Once the Ontario government’s standard- offer contracts are implemented, the location of the JV’s first facility will be announced. “This is an important cross-border venture and represents a significant further expansion of SunEdison into the Canadian market. We’re excited that SunEdison and SkyPower are going to be creating the largest solar photovoltaic farms in Ontario,” said Jigar Shah, CEO of SunEdison. “This opens the door for the further development of renewable solar energy across Canada. We look forward to the government’s implementation of the standard offer so that project development can begin.” “The Ontario government standard offer contract provides a clear opportunity for these projects to become realizable in the near term,” said Kerry Adler, President & CEO of SkyPower Corp., which has interests in more than 25 wind and hydro projects at various stages of development, representing more than 7,000 MW of potential capacity. SunEdison LLC, which provides turnkey solar energy services for utilities, government agencies and commercial enterprises, finances, installs, owns and operates PV power plants in use by commercial, government and utility customers.
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