SunEdison Solar Water Pump transforms the lives of farmers by increasing their crop yield, income and quality of life

CHENNAI, India and BELMONT, Calif., Nov. 14, 2013 -- SunEdison (NYSE: SUNE), a leading solar technology manufacturer and provider of solar technology and solar energy services, today launched the SunEdison Solar Water Pump, a high performance solar PV-based water pump specially designed for agriculture. The Solar Water Pump will address a significant market, and help increase crop yield by delivering reliable irrigation without dependence on expensive diesel fuel or intermittent electrical power supply.

Commenting on the launch, Mr. Pashupathy Gopalan, President, SunEdison, Asia Pacific, GCC and South Africa said, "SunEdison is committed to transforming lives through innovation. Our solar water pumps empower farmers to grow cash crops that require predictable irrigation and enables them to utilize land that they previously could not irrigate."

The SunEdison solar water pump, designed by R&D teams in California, USA and Bangalore, India, is an attractive solution for farmers who need year-round cultivation and predictable daytime irrigation. According to a study by IIT Bombay, effective irrigation can lead to a significant increase in yield. Thus, solar water pumps can result in improved yields and can even provide an additional crop each year, enhancing food security. Solar pumps also benefit electricity supply companies and surrounding communities by reducing strain on the grid. Intended for use in rural environments, these innovative pumps feature rugged structural design, and are available in 3HP (horsepower), 5HP, 7.5HP and 10HP variants.

"SunEdison's solar water pump solution addresses and enables a large and growing market," said Ahmad Chatila, President and CEO of SunEdison. "It is a tremendous opportunity for us to grow our business and help people transform their lives."

SunEdison aims to bring the best in technology and quality to our customers. The solar pumping systems are designed with state of the art features and provide best-in-class performance. An intelligent pump controller continuously monitors power available from solar PV modules and drives a high-efficiency 3-phase AC pump at variable speeds to use every watt of power available and provide water through the day. Rugged industrial design ensures reliable performance in the most adverse operating conditions and ensures reliable and safe operation for over 15 years, while allowing for easy maintenance.

SunEdison India

SunEdison works with state governments, commercial and industrial customers, and other blue chip companies in India to design innovative and affordable solar solutions for their energy requirements. The Solar Water Pump launch is an extension of SunEdison's Eradication of Darkness program, which initiated with the implementation of an off-grid rural electrification project in Meerwada, providing light to over 400 villagers. SunEdison also has developed a 1 MW solar power plant suspended over the Narmada Canal and executed the first Solar PPA in India commissioned at Standard Chartered Bank, Chennai. In 2012 the Independent Power Producers Association of India (IPPAI) named SunEdison "The Best Solar Power Producer" of the year.

About SunEdison

SunEdison is a global leader in semiconductor and solar technology. SunEdison's semiconductor business has been a pioneer in the design and development of silicon wafer technologies for over 50 years. With R&D and manufacturing facilities in the U.S., Europe and Asia, SunEdison enables the next generation of high performance semiconductor devices. SunEdison's solar business develops, finances, installs and operates distributed power plants, delivering predictably priced solar energy and services for its commercial, government and utility customers. SunEdison's common stock is listed on the New York Stock Exchange under the symbol "SUNE." To learn more visit www.sunedison.com.