SunEdison has collaborated with Arka Energy, a US-based start-up, to launch solar roofs and gazebo collections in India with the launch of Arka Collection. The products to be introduced in the Indian market include the “PowerRoof” and “PowerGazebo” from the Arka Collection.
SunEdison was founded in 1959 with the establishment of the Monsanto Electronic Material Company, a division of the multinational Monsanto Corporation. The company specialises in solar power system design, execution, installation, and maintenance.
In January 2020, Chennai-based renewable energy company SunEdison Infrastructure Limited’s subsidiary SIL Rooftop Solar Power Private Limited acquired Sherisha Solar Private Limited. With this acquisition, Sherisha Solar became a step-down subsidiary of SunEdison. Sherisha Solar, also a Chennai-based solar company, was founded in 2015 and is involved in the generation of solar energy.