SunEdison announced it has completed construction on a 2 MW solar power plant for the Town of Elkton, Md.
Rockville, Md. based national solar energy company Standard Solar is assisting SunEdison to construct the project.
SunEdison has also entered into a 20-year power purchase agreement with the Mayor and Commissioners.
The project is estimated to save the town more than $2 million on electricity costs over the life of the agreement.
The solar power plant is expected to generate enough energy each year to power more than 270 homes and will reduce carbon dioxide emissions by more than 4 million pounds—the equivalent of taking more than 400 cars off the road, the company said.
The project will also generate a few jobs and spur economic activity in the area.
Operation and maintenance of the solar power plant will be performed by SunEdison Services, which provides global asset management, monitoring and reporting services.
Rajani Baburajan