SunEdison (NYSE: SUNE) announced Feb. 18 the successful completion and start of operation of the Regulus solar facility in Kern County, California.
The 81.6-MW (dc) facility is one of SunEdison’s largest utility scale solar plants in California. TerraForm Power (Nasdaq: TERP), a global owner and operator of clean energy power plants, has acquired the facility from its call right list with SunEdison.
“Regulus is another SunEdison success story in the California utility scale solar market and is an important contributor to the state’s RPS goals,” said Paul Gaynor, Executive Vice President, North America Utility and Global Wind for SunEdison. “We are excited to see the support and enthusiasm surrounding this project, and are pleased that this project is able to provide economic and environmental benefits to the people of California.”
Regulus is composed of approximately 250,000 SunEdison Silvantis solar photovoltaic (PV) panels to ensure maximum reliability and performance. Operation and maintenance of the solar power plants will be performed by SunEdison Services, which provides global 24/7 asset management, monitoring and reporting services.
SunEdison says it is the world’s largest renewable energy development company. It manufactures solar technology and develops, finances, installs, owns and operates wind and solar power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. Corporate headquarters are in the United States, with additional offices around the world.