SunEdison and CAP Sign Agreement to Build 100MW Solar PV Plant in Chile

Belmont, California (ots/PRNewswire) -

Expected to be largest solar plant in Latin America

This project affirms SunEdison's leadership as a solar energy
producer in Chile and across Latin America. The first phase of the
project is expected to be completed by the end of 2013.

SunEdison, a leading global solar energy services provider and
subsidiary of MEMC Electronic Materials, Inc. , has signed an
agreement with the Chilean mining and steel group CAP to construct
what is expected to be the largest solar photovoltaic power plant in
Latin America and one of the largest in the world. The plant is
designed to have an installed capacity of 100MW (DC) and will be
located in the Atacama Desert of Chile. It is estimated that the
plant will produce as much as 15% of the mining group's energy needs.

(Photo: http://photos.prnewswire.com/prnh/20130131/593880-a )

(Photo: http://photos.prnewswire.com/prnh/20130131/593880-b )

CAP is the largest iron ore mining, steel producer and steel
processor group in Chile.

Pancho Perez, SunEdison General Manager for EMEA, Latin America
and North Asia, states that "we are very pleased to add the CAP group
to our customer portfolio. We have worked to deliver an innovative
solution to CAP designed to reduce their energy costs while deriving
up to 15 percent of their electricity supply from clean energy."
Perez added, "This initiative furthers our leadership position as a
solar power producer in Chile and across the rest of Latin America."

According to Jaime Charles, CAP group CEO, "this agreement serves
to reaffirm CAP's commitment to innovation and sustainable
development in Chile, by using state-of-the-art technology to meet
the renewable energy goals set by the Chilean Government. SunEdison's
track record and long-term commitment to projects were key factors in
selecting this company as our partner on this initiative."

The plant will be built using SunEdison technology. More than
300,000 Silvantis(TM) monocrystalline silicon modules will be
installed, which are made from non-toxic, non-polluting material that
can be recycled at the end of its useful life, together with solar
trackers designed by SunEdison, for which steel produced by CAP is
expected to be used.

Once completed, the project will be managed by the SunEdison
Renewable Operations Center (ROC). The ROC provides round the clock
monitoring and management services to a global portfolio of
photovoltaic installations including those owned and operated by
SunEdison and third parties.

SunEdison ranked as one of the leading solar power providers in
2012. As of September 2012, the company had interconnected over 850MW
of solar energy around the world and has the unique combination of
upstream product innovation, project development and ongoing asset
management and services. SunEdison has been operating in Latin
America since 2010 with offices in Chile, Brazil and Mexico.

During the first year of operations the plant is expected to
generate 270GWh of clean energy, avoiding the emission of over
135,000 tones of CO2/year into the atmosphere, which is the
equivalent of withdrawing over 30,000 automobiles from circulation.

More information about SunEdison and MEMC:
http://www.sunedison.com ; http://www.memc.com

Forward-Looking Statements

Certain matters discussed in this press release are
forward-looking statements, including that the first phase of the
project is expected be completed at the end of 2013, that the project
will supply up to fifteen percent of CAP's energy supply, and that
the plant is expected to generate 270GWh of clean energy. 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 normal
commissioning risks attendant to large scale solar projects, delays
or interruptions in construction, deployment or activation; the
timely availability of required permits and authorizations for
projects from governmental entities and third parties; 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 MEMC's
filings with the United States Securities and Exchange Commission.
These forward-looking statements represent MEMC's judgment as of the
date of this press release. MEMC disclaims, however, any intent or
obligation to update these forward-looking statements.

Photo:
http://photos.prnewswire.com/prnh/20130131/593880-a

http://photos.prnewswire.com/prnh/20130131/593880-b

ots Originaltext: SunEdison
Im Internet recherchierbar: http://www.presseportal.de

Contact:
SunEdison, Dawn Brister (USA), +1-407-414-0526, dbrister@memc.com
/ Virginia Amador (Spain), +34-915-242-670, vamador@sunedison.com