BENGALURU, India, April 9, 2015 /PRNewswire/ — SunEdison, Inc. (NYSE: SUNE), the world’s largest renewable energy development company, today announced the completion of a one megawatt (MW) canal top solar power plant which it has built for Krishna Bhagya Jala Nigam Ltd (KBJNL), the Karnataka government agency responsible for the Krishna River and Dam.
Pashupathy Gopalan, President of SunEdison Asia-Pacific said: "SunEdison is extremely proud to successfully install and commission this canal top project on the banks of the Krishna river for the Karnataka government. It is heartening to see other state governments embrace this innovative use of solar technology, which was pioneered by SunEdison for the Narmada Canal Top Project in Gujarat in 2012. We thank the Karnataka Government, the Honourable Chief Minister Shri Siddaramaiah, the Honourable Energy Minister Shri D. K. Shivakumar and the KBJNL authorities for their support in this project. We also thank the local community for their support during the project execution."
Canal top solar power plants produce more electricity than the same system would on land because the water that flows in the canal below the solar panels helps keeps them cool which increases energy production. The canal top design also helps save water by reducing evaporation.
SunEdison is the world’s largest renewable energy development company and is transforming the way energy is generated, distributed and owned around the globe. The company manufactures solar technology and develops, finances, installs, owns and operates wind and solar power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. SunEdison is one of the world’s largest renewable energy asset managers and provides asset management, operations and maintenance, monitoring and reporting services for its renewable energy customers around the world. Corporate headquarters are in the United States, with additional offices around the world. SunEdison’s common stock is listed on the New York Stock Exchange under the symbol "SUNE." To learn more visit www.sunedison.com.