German Company to Build Florida Solar Array

GAINESVILLE, Fla. — German solar company Sybac Solar has contracted with Gainesville Regional Utilities to build a solar array in Gainesville, slated to be the largest privately owned solar installation in Florida when it is completed.
The 8,600-panel, 7-acre installation will generate two megawatts of electricity, enough to power 200 to 300 households.

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SunEdison Secures Solar Construction Revolver

BELTSVILLE, Md. — SunEdison has secured a three-year, $50 million construction line of credit with Rabobank International to construct solar photovoltaic power plants in the United States, the solar development company announced.
SunEdison will use the funding to finance construction of photovoltaic power plants at client locations. When completed, clients will buy the power produced by the installations at prices at or below market rates.

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Construction of Solar Project Begins in New Mexico

LOVINGTON, N.M. — SunEdison broke ground on a 54-megawatt solar photovoltaic plant in Lea and Eddy counties in New Mexico, the company announced. The plant is being built on five separate sites.

The Maryland-based solar energy services subsidiary of MEMC Electronic Materials, Inc., is developing the project for Xcel Energy’s regional operating company, Southwestern Public Service Co.

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