 | Parts of this article (those related to events 4 months following SunEdison's expected emergence from bankruptcy c. November 15, 2017) need to be updated. (February 2018) |
 | |
| Company type | Private |
|---|---|
| Industry | Renewable energy |
| Founded | 1959 |
| Headquarters | , |
Key people | John S. Dubel, chief executive officer and chief restructuring officer Richard Katz, chairman and chief executive officer of reorganized SunEdison |
| Products | Polysilicon, Solar Wafers, Photovoltaic Plants, Solar Modules, Solar Energy |
| Revenue | US$2.484 billion (2014)[1] |
| (US$536 million) (2014)[1] | |
Number of employees | 7,300 (2014)[1] |
| Website | www |
SunEdison, Inc. (formerly MEMC Electronic Materials) is a renewable energy company headquartered in the U.S. In addition to developing, building, owning, and operating solar power plants and wind energy plants, it also manufactures high-purity polysilicon, monocrystalline silicon ingots, silicon wafers, solar modules, solar energy systems, and solar module racking systems. Originally a silicon-wafer manufacturer established in 1959 as the Monsanto Electronic Materials Company, the company was sold by Monsanto in 1989.
It is one of the leading solar-power companies worldwide, and with its acquisition of wind-energy company First Wind in 2014, SunEdison became the leading renewable energy development company in the world.[2] In 2015, SunEdison sold off its subsidiary SunEdison Semiconductor, marking the completion of SunEdison's transition from a semiconductor-wafer company to a dedicated renewable-energy corporation.
Following years of major expansion and the announcement of the intent—which eventually fell through—to acquire the residential-rooftop solar company Vivint Solar in 2015, SunEdison's stock plummeted, and its more than $11 billion in debt caused it to file for Chapter 11 bankruptcy protection on April 21, 2016,[3][4][5] eventually emerging in December 2017 as a restructured, smaller, private company.[6]
- ^ a b c Annual Reports. SunEdison.com.
- ^ Cite error: The named reference
pentlandwas invoked but never defined (see the help page). - ^ "SunEdison Chapter 11 Petition" (PDF). PacerMonitor. Retrieved May 9, 2016.
- ^ "Solar developer SunEdison in bankruptcy as aggressive growth plan unravels". Reuters. April 22, 2016. Retrieved June 26, 2016.
- ^ "SunEdison, Inc. stock forecasting".
- ^ "Overview | SunEdison". www.sunedison.com.