Tag Archives: spwra
Ford, SunPower Team Up $F $SPWRA
Looks like Ford could possibly be angling to follow in GM’s footsteps — GM recently announced it is working with Sunlogics to build more than 200 solar-powered EV charging stations at GM plants and dealerships across the U.S., or possibly in SolarCity’s footsteps — SolarCity recently announced that it is officially getting into the business [...]
SunPower Moves Into Mexico $SPWRA
California-based SunPower is expanding its operations into Mexico in an effort to better serve the North American market, the company has announced. The solar producer plans to own and operate a manufacturing facility in Mexicali, Mexico. It has already identified an existing building with 320,000 square feet of capacity, which it intends to lease. The [...]
SunPower Closes First Solar Bonds $SPWRA
In a historic first for the renewable energy industry, solar PVmanufacturer Sunpower (SPWRA) completed a EUR 195 million bond sale tofinance the final 44 MW phases of construction of the 72 MW Montalto diCastro solar park in Italy. The bonds, due in 2028, are the world’s first publicly rated issue for a solar project and offer a new, innnovative way to finance large [...]
Hara and SunPower Win Big in Abu Dhabi $SPWRA
The Abu Dhabi Water and Electric Authority today said it would adoptenergy management services from Hara that could dramatically slash itsenergy consumption. Hara’s services–which examine energy consumption and providerecommendations and pathways for reducing it–could save Abu Dhabi, themost powerful emirate in the United Arab Emirates, three billion dollars over the next ten years. Money, though, [...]
SunPower Shining on California Valley Solar Ranch $SPWRA
SunPower Corp. and NRG Energy, Inc. today announced groundbreaking agreements to begin construction next year of the 250-megawatt (MW) California Valley Solar Ranch in San Luis Obispo County. The solar power plant is expected to createapproximately 350 jobs during construction, will power about 100,000homes and will be one of the largest photovoltaic solar power plants [...]
3 Solar Stocks to Keep an Eye On $STP $SPWRA $JASO
Suntech Power Holdings Co. Ltd. (NYSE: STP) recently announced that it acquired 375MW of ingot and wafer slicingcapacity in China. The wafer manufacturing capacity is being spun offfrom a subsidiary of Glory Silicon Technology Investments (Hong Kong)Limited, in which Suntech has an equity stake. The company will acquirethe remaining 70% shares of the capacity for [...]
SunPower Plans Move To New Headquarters $SPWRA
SunPower Corp. says it will remain in San Jose, Calif., relocating itsheadquarters to an existing three-building campus next spring toaccommodate planned, long-term growth. The company will renovate thebuildings with the goal of achieving Leadership in Energy andEnvironmental Design Gold certification. Located on Rio Robles,the new headquarters will house the company’s corporate staff, whichincludes finance, communications, [...]
SunPower Crushes Earnings $SPWRA
SunPower entered the earnings confessional after the market closed today withWall Street looking for a profit of 13 cents per share. The solar cellefficiency leader crushed that number with Q3 GAAP EPS of 21 cents pershare, Q3 non-GAAP EPS of 26 cents per share. In the same quarter lastyear, SunPower posted earnings of 28 cents [...]
Solar Stocks Getting No Respect $LDK $SPWRA $WFR
The solar sector has recovered from a nasty first half of 2010, with many shares up 30% from the lows of the year. But the sector is still getting no respect–even as some companies postvery impressive numbers. I continue to like SPWR and MEMC as I believeanalysts/investors are not giving them credit for their power [...]