Albertsons and SunEdison Activate Solar Power Plants at Three San Diego Area Stores

FULLERTON, Calif., June 29 /PRNewswire/ -- Albertsons a SUPERVALU INC. (NYSE: SVU) company, and SunEdison, North America's largest solar energy services provider and a subsidiary of MEMC Electronic Materials (NYSE: WFR), today announced the activation of rooftop solar power systems at three Albertsons grocery stores in Carlsbad, Oceanside and Alpine, California. The Solar installations were constructed by channel partner REC Solar.

SunEdison financed the solar power plants and will monitor and maintain the systems that will produce more than 12 million kilowatt hours (kWh) of energy over the next 20 years. That is enough energy to power more than 1,100 average U.S. homes for one year. The environmental attributes associated with the systems will offset more than 13 million pounds of carbon dioxide over the initial 20 years of operation – the equivalent of taking 1,300 cars off the road for the same period.

"We are delighted to align with SunEdison for the activation of these solar sites that required no upfront capital costs for Albertsons," said Rick Crandall, Director of Environmental Stewardship for Albertsons Southern California Division "The sites will allow us to continue making progress on our cost-saving measures and to support the use of clean energy as an alternative to the grid."

"Our activation with SuperValu is the latest example of SunEdison's continued commitment to provide solar solutions that require no upfront costs, provide immediate energy savings and offer fully managed solar power services for commercial customers," said Jaime A. Smith, vice president of North American sales for SunEdison.

Under the Solar Power Purchase Agreement (SPPA) with SunEdison, SuperValu will purchase the energy produced to offset their demand from the grid for 20 years. The solar power plants are the first activated between SuperValu and SunEdison. SunEdison worked closely with channel partner REC Solar, which has completed more than 35 commercial solar systems for national and local retailers, totaling 16MW in the past 24 months. SuperValu and SunEdison are investigating future deployment opportunities in other regions of the US.

About Albertsons

Albertsons was founded in 1939 and currently operates 503 Albertsons and Lucky supermarkets in Southern California, Southern Nevada, Idaho, Montana, North Dakota, Oregon, Utah, Washington, and Wyoming.  Albertsons is part of the SuperValu family. SUPERVALU, INC. is one of the largest companies in the U.S. grocery channel with estimated annual sales of $41 billion.  SuperValu serves customers across the United States through a network of approximately 4,290 stores composed of approximately 1,200 traditional and premium stores, including 850 in-store pharmacies; 1,180 hard discount Save-A-Lot stores, of which 860 are operated by licensee owners; and 1,910 independent stores serviced primarily by the company's traditional food distribution business. SuperValu has approximately 170,000 employees. For more information about Albertsons, visit our web site at www.albertsons.com.

About SunEdison

SunEdison is North America's largest solar energy services provider. The company finances, installs and operates distributed power plants using proven photovoltaic technologies, delivering fully managed, predictably priced solar energy services for its commercial, government and utility customers. For more information about SunEdison, please visit www.sunedison.com

About MEMC

MEMC is a global leader in the manufacture and sale of wafers and related intermediate products to the semiconductor and solar industries. MEMC has been a pioneer in the design and development of wafer technologies over the past 50 years. With R&D and manufacturing facilities in the U.S., Europe and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells. With the acquisition of SunEdison, MEMC is now a developer of solar power projects and North America's largest solar energy services provider. MEMC's common stock is listed on the New York Stock Exchange under the symbol "WFR" and is included in the S&P 500 Index. For more information about MEMC, please visit www.memc.com.

About REC Solar

REC Solar, Inc. specializes in grid-tied solar electric design and installation, offering affordable solar solutions for all residential, commercial, government and utility customers. With a local presence in all major solar markets in the USA and millions of watts installed, REC Solar is committed to lowering the cost of solar power through efficient processes, innovative products and outstanding customer service. REC Solar has installed more residential solar electric systems in the US than any other company. REC Solar is among the nation's largest solar integrators and currently has over a dozen offices throughout five states (AZ, CA, CO, HI, and OR). For more information, visit www.RECsolar.com.

SOURCE SunEdison