SunEdison Contributes to California Schools NASA Program
SunEdison, a leading global solar energy services provider and subsidiary of MEMC Electronic Materials, Inc. (NYSE:WFR), today announced that the company is making a $20,000 donation to support the Lamont School District students’ participation in NASA’s “Summer of Innovation” 2013 program. The summer program provides hands-on learning opportunities for students and educators through NASA-unique science, technology, engineering, and mathematics educational activities during the summer school break. The program is a key component of NASA’s broader education effort to increase student interest in STEM (Science Technology Engineering Mathematics) courses, particularly among those in underserved sectors of the academic community. The contribution is part of SunEdison’s ongoing commitment to supporting the communities in which the company develops projects and ensuring students have the opportunity to pursue STEM careers.
The program is held at California State University Bakersfield (CSUB), a partner in the Summer of Innovation, and will benefit students in Kern County grades 4-8, providing an extraordinary learning experience for students from Lamont.
SunEdison is currently involved in three utility-scale solar projects in Kern County. Together, the projects are expected to generate approximately $43.6 million in sales and use taxes and $8.7 million in property tax revenues to Kern County. At their peak, the projects will add nearly 400 construction jobs to the county.
“SunEdison is proud to contribute to the Lamont School District and to enhance educational opportunities for local students,” noted Sean Kiernan, vice president and general manager of North American Utility for SunEdison.
This contribution is further evidence of our commitment to supporting STEM education and the communities we work within.
“We are thrilled to have SunEdison partner with Lamont for the benefit of our students and this summer’s NASA program and also to have the opportunity for future classes to tour the solar power facilities once constructed in our community,” stated Ricardo Robles, Lamont School Superintendent. “We appreciate businesses like SunEdison who reach out to the local school districts to add value to our education and benefit future generations.”
SunEdison is a global leader in delivering solar power. The company develops, finances, installs and operates distributed power plants using proven photovoltaic technologies, delivering fully managed, predictably priced solar energy services for its commercial, government and utility customers. As of December 31, 2012, SunEdison had interconnected over 989 Megawatts of solar electricity throughout the world. For more information about SunEdison please visit www.sunedison.com.
MEMC is a global leader in semiconductor and solar technology. MEMC has been a pioneer in the design and development of silicon wafer technologies for over 50 years. With R&D and manufacturing facilities in the U.S., Europe, and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells. Through its SunEdison subsidiary, MEMC is also a developer of solar power projects and a worldwide leader in solar energy. MEMC’s common stock is listed on the New York Stock Exchange under the symbol “WFR.” For more information about MEMC, please visit www.memc.com.
Certain matters discussed in this press release are forward-looking statements, including that three projects will create 400 construction jobs and generate $8.7 million in property taxes and $43.6 million in sales and use taxes for Kern County. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include normal commissioning risks attendant to large scale solar projects, delays or interruptions in construction, deployment or activation; the timely availability of required permits and authorizations for projects from governmental entities and third parties; changes in applicable regulatory requirements and incentives for production of solar power; and general business and economic conditions, including seasonality of the industry, and other risks described in MEMC’s filings with the United States Securities and Exchange Commission. These forward-looking statements represent MEMC’s judgment as of the date of this press release. MEMC disclaims, however, any intent or obligation to update these forward-looking statements.
Tags: energy services provider, memc electronic materials inc, solar energy services, solar projects, sunedison
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