SunEdison
SunEdison was a global renewable energy project developer specializing in utility-scale solar, wind, and energy storage, serving utilities and corporate offtakers through project development, financing, and operations.
- Company typePrivate
- Founded1959
- HeadquartersMissouri City, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What SunEdison does
SunEdison was a global renewable energy development company headquartered in Missouri City, Texas, founded in 1959 and historically described as the largest global renewable energy development company. The company originated, financed, constructed, and operated utility-scale solar, wind, and energy storage projects, serving utilities, corporate offtakers, and downstream solar customers through products that included the SunEdison Advanced Solutions unit.
The business model centered on project development economics: the company would secure land, interconnection, permits, and long-term power purchase agreements, build or contract construction, then either retain the project as an asset (often through affiliated yieldcos) or sell it to third-party owners. Capital was raised across multiple debt and equity rounds totaling approximately $1.07 billion from 2008 through 2015, with investors including OPIC, the World Bank, Rabobank, GE, and Glenview Capital. The company supplemented organic development with acquisitions including Ready Solar (2010), Axio Power (2011), EchoFirst (2013), First Wind for approximately $2.4 billion (2014), Solar Grid Storage (2015), and Globeleq Mesoamerica Energy (2015), expanding into storage, wind, and Latin America.
The company's equity is now quoted on OTC pink sheets under SUNEQ and the corporate domain is parked, indicating the operating entity is no longer active. The growth-by-acquisition strategy ended in financial distress and the entity ceased to operate as an independent going concern, with no current revenue, customers, or operational footprint evidenced in the available data.
SunEdison firmographics
Firmographics- Name
- SunEdison
- Website
- https://sunedison.com
- Company type
- Private
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- SunEdison was a global renewable energy project developer specializing in utility-scale solar, wind, and energy storage, serving utilities and corporate offtakers through project development, financing, and operations.
- Ownership category
- akta.pro rank
SunEdison industry classification
Industry- Product category
- Renewable Energy Development
- NAICS
- Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation (22111)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Onshore Wind Power Generation (Utility-Scale) (EUACAFAA), Renewable Energy Industrial Facilities Construction (Solar, Wind, Storage) (IMAFADAD)
Keywords
Where SunEdison is headquartered
LocationHeadquarters
- HQ city
- Missouri City
- HQ country
- United States
- HQ region
- North America
Markets served
SunEdison business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
SunEdison product offering
Product offeringCore offering
SunEdison was a global renewable energy development company that financed, built, and operated utility-scale solar and wind power projects. Through acquisitions such as First Wind ($2.4B), Solar Grid Storage, and Globeleq Mesoamerica Energy, the company expanded across solar PV project development, wind energy generation, and energy storage, serving utilities, municipalities, and large energy buyers worldwide.
Differentiator
Problem solved
Functional benefit
Products and services
- Utility-Scale Solar Project Development
- Utility-Scale Wind Project Development Development and operation of utility-scale wind energy projects, expanded through the $2.4 billion acquisition of First Wind in 2014.
- Solar Energy Storage Solutions Solar energy storage capabilities added via the acquisition of Solar Grid Storage, enabling integrated solar-plus-storage offerings for grid reliability.
- SunEdison Advanced Solutions Division focused on advanced solar technology and solutions beyond traditional project development, led by a dedicated President.
- Latin American Renewable Project Development Renewable energy project development and operations in Latin America, expanded through the Globeleq Mesoamerica Energy acquisition and led by a dedicated regional director.
Companies that use SunEdison
Customer profileIdeal customer profiles1 record
SunEdison technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
SunEdison partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights4 records
SunEdison competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key highlights6 records
Customer concentration
SunEdison social profiles
Digital presenceSunEdison financial estimates
Financial estimateRevenue estimate
Valuation estimate
SunEdison leadership team
Management profileNumber of profiles
Profiles6 records
SunEdison funding detail
Funding detailFunding overview
Funding rounds7 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SunEdison M&A and investment
M&A and investmentM&A6 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SunEdison
What does SunEdison do?
SunEdison was a global renewable energy development company that financed, built, and operated utility-scale solar and wind power projects. Through acquisitions such as First Wind ($2.4B), Solar Grid Storage, and Globeleq Mesoamerica Energy, the company expanded across solar PV project development, wind energy generation, and energy storage, serving utilities, municipalities, and large energy buyers worldwide.
When was SunEdison founded?
SunEdison was founded in 1959. It employs 5,001 to 10,000 people.
Where is SunEdison based?
SunEdison is headquartered in Missouri City, United States, in the North America region.
Does SunEdison have an API?
No public API is recorded for SunEdison.
What industry is SunEdison in?
SunEdison's product category is Renewable Energy Development. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization). Its NAICS code is 221114 and its SIC code is 4991.