29 Apr '11, 10pm

Total Buys Majority Stake in SunPower

In a landmark deal for the solar industry, French oil major Total SA will spend $1.37 billion to buy a controlling stake in SunPower Corp. The San Jose, Calif.-based SunPower is one of the few companies that is successfully competing for market against Chinese panel makers. The deal is a major step for a solar company to join forces with a traditional fossil-fuel company that has access to cash and credit needed to accelerate solar deployment around the world,

Full article: http://www.environmentalleader.com/2011/04/29/total-buys-...

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treehugger.com 04 May '11, 6pm

"The world future energy balance will be the result of a long-term transition in which renewable energies will take their ...