SunPower

SunPower

Infobox Company
name = SunPower Corporation

type = Public (NASDAQ|SPWRA,SPWRB)
genre =
foundation = 1985
founder = Dr. Richard Swanson
location_city = San Jose, California
location_country = U.S.
location =
locations =
area_served =
key_people = Thomas H. Werner (CEO)
Dr. Richard Swanson (President)
Emmanuel T. Hernandez (CFO)
industry = Solar Energy
products = Solar panels
services =
revenue = increase US$774,790,000 (2007)
operating_income = decrease US$2,342,000 (2007)
net_income = decrease US$9,202,000 (2007)
assets = increase US$1,653,738,000 (2007)
equity = increase US$864,090,000 (2007)
owner =
num_employees = 2,219 (2007)
parent =
divisions =
homepage = [http://www.sunpowercorp.com/ sunpowercorp.com]
footnotes = Financials from [http://files.shareholder.com/downloads/SPWR/336743500x0x182669/d290981e-816a-4179-aaff-fde71cc3a8ad/2007AnnualReport.pdf SunPower Corporation] [ [http://files.shareholder.com/downloads/SPWR/336743500x0x182669/d290981e-816a-4179-aaff-fde71cc3a8ad/2007AnnualReport.pdf SunPower Corporation] SunPower Corporation]
intl =

SunPower Corporation designs and manufactures high-efficiency silicon solar cells and solar panels based on an all-back-contact solar cell invented at Stanford University. SunPower currently holds the world record for practical scale Silicon solar cell efficiency, with an efficiency of 23.4% recorded in May 2008 [ [http://www.renewableenergyaccess.com/rea/partner/story;jsessionid=97B2227500862822773B5AEB5E5E9DE9?id=40618 SunPower Announces $330 Million Global Solar Supply Agreement With PowerLight] ] SunPower is publicly traded on the NASDAQ as SPWRA and SPWRB.

SunPower has recently announced a number of projects around the world that utilize its patented solar tracker technology. The company maintains a market-leading position in Spain with more than 61 megawatts installed or under construction; recently completed a 2.2-megawatt solar power plant in Mungyeong, Korea; and the largest solar installation in the U.S., the 15-megawatt Nellis Solar Power Plant in Nevada. [ [http://www.verivox.de/News/ArticleDetails.asp?aid=54691&pm=1 Next Generation SunPower Tracker Introduced] ] [ [http://www.nellis.af.mil/news/story.asp?id=123079933 Nellis activates Nations largest PV Array] ]

On October 6, 2008, Agilent Technologies Inc. and SunPower Corporation announced that a 1-megawatt solar tracking system at Agilent's campus will start producing electricity in mid-October. The system features a three-acre parking lot canopy structure with nearly 3,500 SunPower solar panels that track the sun throughout the day. The design of SunPower's tracking solar system will generate up to 25 percent more energy for Agilent than a similarly sized flat, rooftop system, the company said. As a result, Agilent's solar parking canopy is the largest solar energy generator in Sonoma County, California.

SunPower provided the solar cells for the NASA/AeroVironment Pathfinder-Plus high-altitude UAV, which then set an altitude record of ft to m|80201 for solar-powered and propeller-driven aircraft. [ [http://www.naa.aero/html/records/search_resultsguest.cfm?recordNumber=1855 NAA record database] ] [http://web.archive.org/web/20030810185046/www.dfrc.nasa.gov/Newsroom/FactSheets/FS-034-DFRC.html NASA Pathfinder fact sheet, archived at archive.org] ]

ee also

*Renewable energy companies on the stock exchange
*Green technology
*Photovoltaic array
*Photovoltaics
*Renewable energy
*Serpa solar power plant in Portugal
*Solar panel
*Solar power
*Solar shingle
*Solar tracker
*Suntech Power
*Timeline of solar energy

References

External links

* [http://www.sunpowercorp.com/ Company website]
* [http://money.cnn.com/2007/10/03/news/companies/sunpower_solar.fortune/ For solar power, the future looks bright]
* [http://www.reffwallstreet.com REFF Wall Street]


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