Solar developer SunEdison is building approximately 2 megawatts (MW) of solar power in California for AT&T (NYSE: T).
SunEdison is a subsidiary of MEMC Electronic Materials (NYSE: WFR).
The companies activated the first in the series of projects this week--a rooftop installation in San Diego.
In addition to this installation in San Diego, AT&T has contracts with SunEdison to deploy five other solar power installations in California by the second quarter of 2011. The additional California solar deployments will be located in Dunnigan, Commerce, Mojave, Santa Ana and West Sacramento.
The solar power installation in San Diego is a 296 kW rooftop mounted photovoltaic system that will generate an estimated 420,000 kWh of energy in its first year of operation alone. Over 20 years, the power installation will generate more than 7.7 million kWh of energy--enough energy to power more than 720 US homes for one year.
Under a power purchase agreement (PPA) between SunEdison and AT&T, SunEdison will construct, monitor and maintain the solar installations. In return, AT&T will buy the energy produced from the solar systems to offset their grid demand.
SunEdison recently announced a partnership with DRI Energy announced to deploy 19 MW photovoltaic power plants in California, Hawaii and Arizona.