GE Unit Partners with SunPower on California Solar Projects
Multi-Project Financing Agreement Streamlines Solar Power System Implementation
Stamford, Conn. & San Jose, CA, Jan 07, 2008
Source: SunPower Corp. press release
http://investors.sunpowercorp.com/releasedetail.cfm?ReleaseID=284871
GE Energy Financial Services, a unit of GE (NYSE: GE), announced today that it is partnering with SunPower Corporation (NASDAQ: SPWR) — a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels, and solar systems — to provide financing for five California solar power projects. The projects, totaling approximately eight megawatts, include a system for Toyota Motor Sales’ Parts Center that will be the largest single-roof solar power installation in the United States. The companies are also collaborating on solar projects for HP, Agilent and two county and regional agencies.
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