Cal Poly Engineering To Dedicate Solar Energy System Dec. 7

Business Wire, Dec 5, 2006

Free Solar Roof Is Provided by SunEdison, North America's Largest Solar Services Provider

SAN LUIS OBISPO, Calif. -- California Polytechnic State University's (Cal Poly) Engineering West will dedicate its new solar photovoltaic energy system on December 7 at 11 a.m.

The Cal Poly solar panel system, part of an extended California State pilot program, was installed in September 2006 at no cost to the university. The system, which is expected to generate 263,000 kilowatt hours per year, was built and is owned, operated and maintained by SunEdison, North America's largest solar energy services provider. The system will reduce a portion of Cal Poly's energy costs by delivering predictable electrical energy pricing for the university for the next 20 years. The system will eliminate 110,000 pounds of greenhouse gases per year. Excess power generated by the system is fed directly to the campus grid.

Dennis Elliot, utility manager for Facility Services at Cal Poly said, "Cal Poly is dedicated to conserving resources and reducing costs. SunEdison made the implementation of solar simple. Solar puts us another step closer in our efforts to be a leader in sustainability efforts. Plus, given the volatility of the energy markets, the long-term fixed energy prices are very attractive."

Added Jigar Shah, CEO of SunEdison, "Cal Poly understands that renewable energy goes beyond green marketing and is simply good business. They see that the University, like many other organizations, is at an inflection point where locking in predictable pricing over the next two decades will have a positive impact on the budget process."

Cal Poly's solar power system provides enough power for approximately 20 homes, and will reduce carbon dioxide emissions by 350,000 pounds per year, equivalent to approximately 35 commuter vehicles.

Cal Poly joins two other CSU campuses, Dominguez Hills and Chico, in the pilot solar panel program administered by the Chancellor's Office and the California State Department of General Services.

The program is intended to lower energy costs, promote renewable energy use and make CSU campuses more environmentally friendly. Engineering West was selected for the program because of low project costs and because its roof was already scheduled for replacement.

About California Polytechnic State University

California Polytechnic State University (Cal Poly) is a nationally ranked, four-year, comprehensive public university located in San Luis Obispo California. The emphasis of the University is a "learn by doing" educational experience for its more than 18,000 students. Many students seek admission to Cal Poly not only because of its excellent academic reputation, but also because the 6,000-acre main campus is nestled in the foothills of San Luis Obispo, just minutes from California's Central Coast beaches.

About SunEdison, LLC

SunEdison LLC is North America's largest solar energy services provider. The company simplifies solar for utilities, government agencies and commercial enterprises. SunEdison is based in Baltimore, MD. For more information, please visit www.sunedison.com