July 18, 2007

Beltsville, MD, USA: SunEdison Appoints Vice President, International

SunEdison has named 21- year international energy and communications executive Len Jornlin as Vice President of International. As Vice President of International, Jornlin will oversee SunEdison’s strategic global growth in Canada, Europe and other global markets outside the U.S.

In addition to identifying viable solar deployment strategies globally for SunEdison, Jornlin will oversee international joint ventures and manage strategic finance and supply relationships.

Jornlin will also oversee the strategic direction for SunEdison Canada, which recently announced the award of two Standard Offer Contracts to build, own, operate, and maintain utility-scale parks in Ontario. The first will be a 9.12 megawatt solar park in Norfolk County and the second will be a similarly-sized solar park in the Thunder Bay area. SunEdison Canada is teaming with SkyPower in a joint venture on these large projects.

“SunEdison is working closely with traditional energy companies and state agencies to deploy solar under power purchase agreements at the appropriate scale and price for organizations in Canada, Europe and Asia. The next move for many organizations is to deploy utility-scale solar projects to meet increasing energy demand and avoid the build out, costs and environmental damage from new or expanded fossilfuel sources. As the cost of delivered solar power continues to decline, more organizations and public and private companies are seeking to make solar a significant part of their utility purchase,” said Jornlin.

Jigar Shah, CEO of SunEdison noted, “The SunEdison solar energy services model, and our promise of service through the life of a solar facility, has opened the door for solar. For SunEdison to help deploy globally, we must act locally. Every country, every province and region has its own rules and regulations regarding the deployment of solar. That is part of what makes solar complex. SunEdison will be uniquely positioned to simplify solar for its international clients by delivering utility-scale solar as a service.”

Added Jornlin, “Today more organizations understand that solar electricity is equal to or beats the retail costs of traditional fossil-fuel electricity and that solar is not subject to the extreme price increases of traditional electricity. This means for many companies they can purchase solar electricity under long-term agreed-upon pricing. This is an important equation in the deployment of solar around the world.”

Jornlin has over 21 years experience in the energy, water and telecommunications markets in more than 30 countries in Asia, Africa, Europe, Latin America and North America. Since creating new opportunities and holding leadership roles in the solar industry since 1994, Jornlin has held leadership positions in global business development for AstroPower and for North America commercial projects for BP Solar. He has overseen solar projects in Asia, Africa and Latin America.

Prior to joining the solar industry, Jornlin worked in regulatory affairs and strategy for Bell Atlantic Corporation, started and led the Energy Division for the US-ASEAN Business Council on behalf of Fortune 500 corporate clients and, living in South Asia, served as Regional President & COO for International Development Enterprises, an organization he grew from 62 to 134 staff and from one to three countries. Jornlin holds a BS in international relations from Colgate University and a joint degree in international business and economic development from the University of Chicago.

Further details about: SunEdison