SunEdison

Wells Fargo & Co. (NYSE: WFC) and SunEdison LLC, a subsidiary of MEMC Electronic Materials, Inc. (NYSE: WFR), said today Wells Fargo subsidiaries will invest up to $120 million to fund U.S. solar photovoltaic distributed generation power projects developed by SunEdison over the next year. The program builds on a SunEdison solar investment fund established in 2007 in which Wells Fargo invested more than $200 million in approximately 150 solar projects developed by SunEdison in eight states.

MEMC Electronic Materials, Inc. (NYSE: WFR) subsidiary SunEdison LLC said today the Ontario Power Authority has confirmed that the company has met the 60% domestic content requirements of the Ontario feed-in-tariff (FIT) program for solar projects. This means the company’s solar photovoltaic (PV) panels, to be manufactured at a new facility in Newmarket, Ontario beginning in Q2 2011, will be accepted in FIT projects in the province.

Fifteen months after signing a power purchase agreement with Duke Energy Corp., in August 2009, SunEdison LLC began construction on a photovoltaic (PV) solar farm in Davidson County, North Carolina.

SunEdison has announced that the Rovigo solar plant has been successfully interconnected and is fully operational.

SunEdison, headquartered in Beltsville, Maryland, will soon start construction on the largest photovoltaic solar power plant in Europe in Rovigo, Italy.

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