Solar has arrived
With solar panel costs down 75% and performance up 50%, solar energy is less expensive than coal energy in large parts of the world.
Our latest innovation is a technology that produces the world’s most cost-effective silicon – the key ingredient for solar panels. The technology, called “high pressure fluidized bed reactor” or HP-FBR, produces high purity silicon 10 times more efficiently and uses 90% less energy than competing technologies.
Our breakthrough technology is already in production – this is no science experiment - and will reduce the cost of the raw material needed to produce solar panels to less than $0.05 per watt peak by 2016.
Ideas into action
In 2014 SunEdison built the largest solar plant in South America, and we did it in three months. Today the plant generates enough energy to completely power 20,000 homes.
Project at a glance
Located in the Atacama Desert of Chile – the driest desert in the world
Built using over 310,000 solar panels spread across 250 acres
Generates the equivalent amount of energy as 18 million gallons a year of diesel fuel – enough to drive a car around the world over 30,000 times*
* To generate the same amount of electricity using diesel fuel, miles traveled based on car with 40 mpg fuel economy
Over 1.5 billion people worldwide don’t have access to electricity. At SunEdison, we’re doing something about it. Our latest project is bringing solar electricity to 7,800 people in 54 remote villages in India.
We’re collaborating with local communities in 54 remote Indian villages to install 241 kilowatts of solar PV micro-grids with battery storage. Construction started late last year and is anticipated to be complete by about March of this year – from darkness to electricity in under six months.
We understand the importance of long-term sustainability and the “triple bottom line” – people, profits, and the planet. That’s why we’ve committed to operating the micro-grids to ensure they’re working optimally, and then transferring them to the communities within five years. We believe power should reside in communities – and 7,800 people couldn’t agree more.
Explore the world of SunEdison