Tag Archives: spwra
SunPower Introduces New Product Line $SPWRA
SunPowerjust announced that it has released a new product line. The SunPower E19 Series solar panels consists of modules in a 96-cell or 72-cellconfiguration that boast efficiency of 19 percent or more. This isaccomplished with larger all-back contact solar cells that make moreefficient use of space, as well as an anti-reflective coating. In a press [...]
SunPower (SPWRA) Adds 40 MW To California Valley Solar Ranch Contract
Sunpowerjust announced that it has added an additional 40 MW of capacity to itscontract for the development of the California Valley Solar Ranch forPG&E. That means that the completed plant will be 250MW, one of thelargest solar PV plants in the world. ===> Click Here For Your FREE SunPower Analysis In a press release, Howard [...]
SunPower Partners with Flextronics $SPWRA
In a press conference with California Governor Arnold Schwarzenegger and Flextronics, SunPower Corp., a Silicon Valley-based manufacturer ofhigh-efficiency solar cells, solar panels and solar systems, announcedthat it has partnered with Flextronics to begin manufacturing solarpanels in Milpitas, Calif. by the end of this year. The announcementcomes 25 years to the week since SunPower was founded [...]
SunPower Announces 3 Year, $350M Letter of Credit Facility $SPWRA
SunPower Corp., a Silicon Valley-based provider of high efficiency solar cells, solar panels, and solar systems, has signed a new three-yearletter of credit facility. The new facility, which initiallyprovides for a maximum issuance of $350 million in letters of creditbut, at the agreement of the parties, may be increased to a maximum of$400 million, will [...]
New Solar Installation by FPL And Sunpower Opens On Florida’s Space Coast $FPL $SPWRA
FPL justannounced that its new FPL’s Space Coast Next Generation Solar EnergyCenter has opened at Kennedy Space Center. The 10 MW facility consistsof about 35,000 SunPower solar PV panels. SunPower designed and builtthe installation for FPL and NASA, who worked as partners on theproject. Over the life of the panels, the center is expected to [...]
SunPower announces closing of $220 million aggregate principal amount of its 4.5pc senior cash convertible debentures $SPWRA
SunPower Corp. announced that it has closed an offering of $220 millionaggregate principal amount of its 4.5% senior cash convertibledebentures due 2015. In connection with this offering, SunPowerhas granted the initial purchasers an option to purchase up to anadditional $30 million aggregate principal amount of such debentures tocover overallotments for thirteen days after this closing. [...]
SunPower To Build 7 Solar Plants In Italy Totalling 16.5 MW $SPWRA
SunPower just announced that it has signed an agreement withSol.In.Build Srl, a subsidiary of Veronagest SpA, to build 7 solarplants in Sicily. No financial details were disclosed, but the 7 plantswill provide 16.5 MW of capacity total. Individual plants will vary insize from one to 3.5 MW. All plants are expected to be up and [...]
SunPower Completes Acquisition Of SunRay $SPWRA
Sunpower just announced that it has completed its acquisition ofSunRay Renewable Energy, a solar power plant developer based in Europewith offices in the Middle East. The acquisition over 1,200 megawattsof solar photovoltaic (PV) projects to SunPower’s project pipeline. Theprojects are all in different stages of development and are located inItaly, France, Israel, Spain, the United [...]
New Analyst Ratings On $SPWRA
Soleil Securities maintains Hold on SunPower (SPWRA) and hasprice target of $21. “Cutting 2010 estimate from $1.50 to$1.30 per share (consensus is $1.45 per share). Introducing belowconsensus estimate for 2011 ($1.65 per share vs. $2.07 consensus).”
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