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SunEdison secures US$20 million in Union Bank project financing

SunEdison, the largest solar energy services provider in North America, has announced that US$20 million has been closed in February in project financing with Union Bank, N.A.

The funds allow initial financing for the 1.7MW ground mount installation in Rifle, Colorado, and for another system, location and capacity of which have not been disclosed. A previous round of financing saw Union Bank, N.A. finance SunEdison's 8.2MW utility-scale photovoltaic solar energy system in Alamosa, Colorado.

The company’s advanced monitoring and services platform have allowed for solar assets to be performed at over 100% of the expected output in 2008, providing investors with stable, low-risk cash flows.

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Photovoltaics International 16th Edition

This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.
Photovoltaics International Lite, Volume 05 - 2011

This digital interactive Lite sees Tom Cheyney follow Agua Caliente’s progress on becoming one of first truly utility-scale PV power farms, where 40–50MW (AC) will be commissioned by the end of the year. We also feature one of the world’s largest silicon thin-film PV power plants, Avenal; a report on warnings of the collapse of module prices from Solarbuzz and PI-Berlin presents tips on PV module testing. A print version of this edition will be distributed at Solar Power International 2011 in Dallas, Texas.
Manufacturing The Solar Future: The 2012 Production Annual

Manufacturing the Solar Future 2012, the second in the Photovoltaics International PV Production Annual series, delivers the next installment of in-depth technical manufacturing information on PV production processes.

SunEdison secures US$20 million in Union Bank project financing

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