PARIS, Jan. 18, 2018 /PRNewswire/ -- SunPower Corp.
(NASDAQ:SPWR) today announced that an 8-megawatt SunPower® Oasis®
Power Plant was recently completed and is now operating at Total's
La Mède refinery in Châteauneuf-les-Martigues, France.
"Total Solar is proud of the start-up of its photovoltaic power
plant in La Mède. The project was completed in a very short time
and in accordance with the strict safety standards specific to a
refinery," said Julien Pouget,
senior vice president Renewables at Total. "It demonstrates our
willingness to continue to actively help drive the growth of solar
power in France through the
solarisation of industrial sites."
"SunPower delivers cost-competitive solar energy through
innovative, integrated complete solutions such as our Oasis
platform," said Tom Werner, SunPower
president and CEO. "We commend Total for this
forward-thinking, milestone project, and for using high performance
SunPower technology to ensure long-term value."
The SunPower Oasis platform is a fully integrated power plant
solution designed to streamline construction, reduce operations and
maintenance costs, and maximize value for customers. The high
efficiency SunPower® E-Series solar panels that are mounted on the
Oasis solar trackers at the La Mède facility produce 30 percent
more energy than conventional solar panels in the first year of
operation.
SunPower is a majority-owned subsidiary of Total SA.
About SunPower Corp.
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.
SunPower's 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, expected cost savings, projected energy output
and future product performance. 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: competition and market conditions in the solar and
general energy industry, 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 reports on Forms 10-K and 10-Q, 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.
©2018 SunPower Corporation. All Rights Reserved.
SUNPOWER, the SUNPOWER logo, and OASIS are registered trademarks of
SunPower Corporation in Europe,
the U.S. and other countries as well. All other trademarks are
properties of their respective owners.
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SOURCE SunPower Corp.