BUZZ-SunEdison Inc: Brazil JV to develop 1 GW
** Solar company's shares up 1 pct at $23.09 premarket
** Forms 50:50 joint venture with Brazil's Renova Energia SA to supply 1 gigawatt of solar energy to the Brazilian regulated electricity market
** Companies plan to build and operate four utility scale solar power plants by 2017
** SunEdison will supply solar modules and trackers for the projects to be assembled in Brazil
** Up to Friday's close, SunEdison stock had risen nearly 75 pct this year
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