GRID Alternatives Launches Mid-Atlantic Expansion with Solar Build Powered by SunEdison

WASHINGTON, Sept. 19, 2014 /PRNewswire/ -- SunEdison, Inc. (NYSE: SUNE), a leading global solar technology manufacturer and provider of solar energy services, today announced the donation of solar photovoltaic (PV) panels to power 10 Habitat for Humanity of Washington, D.C. homes in D.C.'s Ivy City neighborhood during GRID Alternatives' mid-Atlantic launch event. In addition to donating the equipment for the builds, SunEdison's employees will participate in two of the community project's installations, including an all-female build team as part of a joint National Women in Solar Initiative.

"SunEdison and GRID Alternatives share a core mission of making solar energy accessible to people in every kind of community," said Polly Shaw, vice president, government affairs at SunEdison. "Our participation in today's event not only brings solar energy to underserved communities but also demonstrates our commitment to increasing the number of women in the solar industry. SunEdison is honored to continue partnering with GRID Alternatives and support the industry's continued growth."  

The panels from SunEdison will provide clean energy to 10 Washington D.C. inner city families, helping to reduce their monthly utility bills and spur job opportunities in their community. This is the second GRID Alternatives event that SunEdison has sponsored and participated in this month. In early September, SunEdison employee volunteers filled an all-female team at GRID Alternatives' Bay Area Solarthon, where eight low-income families received solar electric systems on their homes. 

"Our partnership with SunEdison is not only helping us serve more families, but also inspiring women across the country to get involved in this growing industry," said Erica Mackie, CEO and co-founder of GRID Alternatives. "We're excited to have SunEdison join us as we launch into a new market."

This project highlights the partnership between SunEdison and GRID Alternatives and their joint effort to raise the profile of women in the solar industry and foster their professional advancement.

About SunEdison

SunEdison is a global leader in transforming how energy is generated, distributed and owned. SunEdison manufactures solar technology and develops, finances, installs and operates distributed solar power plants, delivering predictably priced electricity and services to its residential, commercial, government and utility customers.  SunEdison also provides 24/7 asset management, monitoring and reporting services for hundreds of solar systems worldwide via the company's Renewable Operation Center (ROC). SunEdison has offices in North America, Europe, Latin America, Africa, India and Asia. SunEdison's common stock is listed on the New York Stock Exchange under the symbol "SUNE."  To learn more visit www.sunedison.com

About GRID Alternatives

GRID Alternatives is a nonprofit organization that makes renewable energy technology and job training accessible to low-income communities. We bring together community partners, volunteers and job trainees to implement solar power and energy efficiency for low-income families, providing energy cost savings, valuable hands-on experience, and a source of clean, local energy that benefits us all. More than 4,500 families have benefited from our work to date, saving $113 million in lifetime electricity costs, and over 17,500 people have received solar training. GRID Alternatives has 10 regional offices and affiliates serving California, Colorado, the New York tri-state region, the mid-Atlantic region, and Tribal communities nationwide. For more information, visit www.gridalternatives.org.

Forward Looking Statements

Certain matters discussed in this press release are forward-looking statements, including that the solar systems from SunEdison will provide clean energy solutions to 10 Washington D.C. inner city families, helping to reduce their monthly utility bills and spur job opportunities in their community.  Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Potential risks and uncertainties include changes in applicable regulatory requirements and incentives for production of solar power; and general business and economic conditions, including seasonality of the industry, and other risks described in SunEdison's filings with the United States Securities and Exchange Commission. These forward-looking statements represent SunEdison's judgment as of the date of this press release. SunEdison disclaims, however, any intent or obligation to update these forward-looking statements.

SOURCE SunEdison, Inc.