PARIS, March 21, 2017 /PRNewswire/ -- SunPower
(NASDAQ:SPWR) announced today that, in the first round of
France's tender process for
large-scale solar power, the company will supply 31 percent of the
solar panels required for the awarded solar projects, more than any
other solar panel brand. In total, SunPower will provide 130
megawatts of its high efficiency SunPower® E-Series solar panels
for installation at 25 ground-mount and carport solar projects.
"SunPower solar panels deliver competitive cost of energy,
highest reliability and proven long-term performance," said
SunPower Executive Vice President Eduardo
Medina. "We are proud to be the leading provider of solar
panels for the solar projects announced in this first tender round,
and to play a key role in promoting the use of clean, renewable
solar power in France."
A significant portion of the panels SunPower supplies will be
manufactured at the company's facilities in Toulouse, France.
SunPower's direct current E-Series solar panels, as well as its
X-Series solar panels, are Cradle to Cradle
Certified™ Silver. SunPower is the only solar panel
manufacturer in the world to achieve this designation, which
demonstrates a product's quality based on rankings in five
categories: material health, material reutilization, renewable
energy use, water stewardship, and social fairness.
Ninety-nine percent of the waste generated at SunPower's
manufacturing facilities in Toulouse and De Vernejoul, France is diverted to landfills, earning the
facilities landfill-free verification from NSF Sustainability, a
division of the global public health organization NSF
International. More information on the company's commitment to
sustainability can be found here on SunPower's website.
About SunPower
As one of the world's most innovative and sustainable energy
companies, SunPower Corporation (NASDAQ:SPWR) provides a diverse
group of customers with complete solar solutions and services.
Residential customers, businesses, governments, schools and
utilities around the globe rely on SunPower's more than 30 years of
proven experience. From the first flip of the switch, SunPower
delivers maximum value and superb performance throughout the long
life of every solar system. Headquartered in Silicon Valley,
SunPower has dedicated, customer-focused employees
in Africa, Asia, Australia, Europe, North
and South America. For more information about how SunPower is
changing the way our world is powered, visit www.sunpower.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995, including, but not limited to, statements regarding timeline
and projected energy output. These forward-looking statements are
based on our current assumptions, expectations, and beliefs and
involve substantial risks and uncertainties that may cause results,
performance, or achievement to materially differ from those
expressed or implied by these forward-looking statements. Factors
that could cause or contribute to such differences include, but are
not limited to: regulatory changes and the availability of economic
incentives promoting use of solar energy, challenges inherent in
constructing and maintaining certain of our large projects, and
fluctuations or declines in the performance of our solar panels and
other products and solutions. A detailed discussion of these
factors and other risks that affect our business is included in
filings we make with the Securities and Exchange Commission (SEC)
from time to time, including our most recent report on Form 10-K,
particularly under the heading "Risk Factors." Copies of these
filings are available online from the SEC or on the SEC Filings
section of our Investor Relations website at
investors.sunpowercorp.com. All forward-looking statements in this
press release are based on information currently available to us,
and we assume no obligation to update these forward-looking
statements in light of new information or future events.
©2017 SunPower Corporation. All Rights Reserved.
SUNPOWER and the SUNPOWER logo are trademarks of SunPower
Corporation in the European Union, U.S. and other countries as
well. Cradle to Cradle Certified™ is a certification
mark licensed by the Cradle to Cradle Products Innovation
Institute.
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SOURCE SunPower Corp.