SunEdison, the solar energy subsidiary of MEMC Electronic Materials Inc., plans to develop industrial rooftop solar photovoltaic projects in collaboration with Purolator Inc., a Canada-based integrated freight and parcel solutions provider.
Under the terms of the agreement, SunEdison will deploy, operate and maintain approximately 1.14 MW of photovoltaic systems over five buildings, with future opportunities for another 1.2 MW distributed over an additional six buildings. The projects will be hosted at Purolator-owned facilities, and the Ontario Power Authority will purchase the energy produced under the terms of Ontario's feed-in-tariff program.
Over 20 years, the systems are expected to generate more than 22.4 million GWh of energy, according to SunEdison's calculations.