SunEdison adds storage capabilities through acquisition

SunEdison solar panel | Photo courtesy of SunEdison
The purchase of Philadelphia-based Solar Grid Storage will increase SunEdison’s battery storage capabilities. | Photo courtesy of SunEdison

SunEdison has added battery storage capabilities to complement its solar and wind projects with the purchase of assets from from Philadelphia-based Solar Grid Storage.

The deal, announced today by Maryland Heights-based SunEdison, includes Solar Grid’s energy storage project origination team, project pipeline and four operating storage projects. Terms of the deal were not disclosed.

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