Boston, MA 10/16/2014 (wallstreetpr) – Sunedison Inc (NYSE:SUNE)’ Global Services Division achieved a key milestone of surpassing the global solar photovoltaic (PV) capacity to a level of 3 GW.
Global Services Division – A strong portfolio
The Division’s President, Mark McLanahan said that the renewable operation center showed considerable results in the services in the current year. The improvement was due to the significant growth in owned projects and also in third-party clients (contract power generation).
SunEdison’s Division uses a platform to monitor the hardware and software tools remotely. It helps Sunedison Inc (NYSE:SUNE) to detect the anomalies associated with the system performances and then determine the corrective measure to rectify the systemic issues. It also has a group of on-site experts including 190 technicians across six continents to address the emerging issues in the solar power plant operation.
Moreover, Global Services Division provides a comprehensive solution for the solar investors as the industry associates with series of local and country-specific regulations. So, the financial structure as well as the performance of their assets vary from one place to other and require an expert who can understand the technicalities and financial structure of the solar industry.
Mark also mentioned that the business segment continues to deliver quality services in the areas of operational management, finance and monitoring services to the customers to maintain the long-term relationships.
Clientele
SunEdison considers as one of the trusted companies in solar energy sector and, therefore, the leading investment firms depends on Sunedison Inc (NYSE:SUNE)’s asset managers for investment guidance.
For instance, SunEdison Global Services manages five solar plants of its client Macquarie Infrastructure Company (MIC) and consistently deploys new tools to improve the performance of the plants.
Bill Green, CEO, MIC’s Renewable Energy Holdings, said that MIC invested on contract power generation and utilized SunEdison’s solar PV technology. The energy producer provides a stable growth and profitable returns on the assets on a long-term basis.
