SunPower to Build 8 Megawatt Solar Power Plant in Spain
Naturener Expands SunPower Deployment to Approximately 30 Megawatts
San Jose, CA, Jan 04, 2008
Source: SunPower Corp. press release
http://investors.sunpowercorp.com/releasedetail.cfm?ReleaseID=284653
SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that its Spanish subsidiary will engineer, procure equipment for and construct an approximately 8 megawatt solar electric power plant in the Extremadura region of Spain. A corporate affiliate of The Naturener Group, a Spanish-based company, will own the solar power plant, and SunPower expects the system will begin operating in September 2008.
“Once again we are teaming with Naturener to deliver clean, reliable solar power to the rapidly expanding Spanish market,” said Marco Antonio Northland, general manager of SunPower’s European operations. “By using the industry-leading SunPower(R) Tracker technology, Naturener will maximize the solar plant’s energy delivery, while optimizing land use and reducing related costs.”
“SunPower’s engineering, procurement and construction expertise will be key to meeting our budget and schedule targets,” said Rafael Sanchez-Castillo, CEO of The Naturener Group. “We are pleased to continue the solar power segment of our renewable energy portfolio in Spain.”
About SunPower
SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).