MEMC has issued a statement of clarification in regard to its recent release that appeared to claim that its parent company, SunEdison, has plans to establish solar projects in Japan in the near future. Media reports’ assumptions that there are concrete plans for Japanese projects have been refuted by MEMC, which cites “uncertain project economics” and a lack of government incentives for the company’s ambiguity on its plans for the country.
The reports claimed that MEMC was in discussions with provincial authorities for PV projects totalling 1GW, corresponding to an investment of approximately US$4.6 billion over a five-year period. Any plans on the part of SunEdison or MEMC in this regard will be announced as such via the companies’ media channels.
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