SunEdison to acquire 1,000 energy storage systems, bring electricity to rural India

 SunEdison to acquire 1,000 energy storage systems, bring electricity to India villages

SunEdison, Inc. (NYSE: SUNE) plans to purchase up to 1,000 vanadium flow batteries (more than 100 MWh) from Imergy Power Systems to store solar-generated electricity for its rural electrification and solar powered mini-grid projects in India.

"Energy storage is the perfect complement to solar powered mini-grids because it enables us to provide dependable, 24/7 electricity,” said Ahmad Chatila, President and Chief Executive Officer for SunEdison.

Additionally, SunEdison will also increase its equity investment in Imergy, further strengthening the relationship as SunEdison begins deployment of its rural electrification program in India.

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