28 Jul '15, 7am

SunPower acquires 1.5GW US located PV project pipeline for US$37.9 million

SunPower said that the pipeline totalled around 1.5GW and included three projects totalling 55MW (AC) with power purchase agreements with Southern California Edison in Kern County, California. The company said it expected these projects to be started later this year and be operational sometime in 2016. Financials SPWR NASDAQ 25.11 -0.34 (-1.34%) 4:01PM EDT Major PV energy provider (PVEP) SunPower has purchased the complete US PV power plant project pipeline of Australia-based renewable energy developer Infigen Energy. SunPower said that the pipeline totalled around 1.5GW and included three projects totalling 55MW (AC) with power purchase agreements with Southern California Edison in Kern County, California. The company said it expected these projects to be started later this year and be operational sometime in 2016. The acquired pipeline was also said to include projects i...

Full article: http://www.pv-tech.org/news/sunpower_acquires_1.5gw_us_lo...

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