Post on 06-Mar-2018
July 2015
SunEdison
Global and Local Clean Energy
• Acquired First Wind in 2015, becoming the world’s largest renewable energy development company.
• Operates 4 wind energy project (150 MW), Hawai‘i’s largest renewable energy producer
P. 3 | SunEdison Confidential
$400M saving over 27
years on electricity.
$200M in fed tax credits
Flat price locks in rate vs.
volatile price of oil.
$500M investment & local
construction jobs
Big step toward Hawaii’s
100% clean energy target
New Solar Projects – Cleaner and Cheaper
Sheep graze under PV panels at Kaua‘i
solar project.
SunEdison is planning 4 solar project sites (182 MW):
* Derived with regional details from EPA’s e-GRID 2012 and EIA and based on average
operational projections for generation.
Saves 30 million gallons of oil from being burned/year*
Combining agriculture with solar by grazing sheep
P. 4 | SunEdison Confidential
O‘ahu Solar Projects
P. 5 | SunEdison Confidential
Progress to Date
5
• Purchase/Lease Land
• Site Studies
• Community Support
• Executed Contract
(PPA)
• Approved Permits
• Initial Tree Clearing
• Engaged Lenders
• Next Steps?
Simulation of Waiawa Solar project, as
seen from Ka Uka Blvd overpass
P. 6 | SunEdison Confidential
Next Steps
6
• PUC approval of ALL
projects by July
• Financing (Aug. 2015)
• Start Construction
(Sep.2015)
• Finish by 12/31/2016
Mahalo to the Mililani Neighborhood Board for continuing
support of clean energy!
SunEdison solar project MA