SunPower and City Solar Sign 100-Megawatt, Three-Year Customer Agreement
SunPower to Supply German Solar Integrator with Commercial and Ground Mount Systems to Meet Strong Demand for Solar
SAN JOSE, Calif., Dec. 1 /PRNewswire-FirstCall/ -- SunPower Corporation (Nasdaq: SPWRA - News, SPWRB - News), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a customer contract with German solar power plant integrator City Solar Kraftwerke AG.
Over the next three years, SunPower will provide City Solar with solar panels and commercial rooftop and ground mounted systems. This includes at least 100 megawatts of SunPower's high-efficiency solar panels, the SunPower® T10 Solar Roof Tile for commercial rooftop installations, and the SunPower® T0 Tracker and SunPower® T20 Tracker for utility-scale, ground mounted systems.
"Solar continues to grow in Germany and throughout Europe, and demand for SunPower products remains strong," said Howard Wenger, SunPower's president, global business units. "We welcome City Solar as a new partner to deliver SunPower's high-efficiency solar panels and tracking systems to commercial and power plant customers."
City Solar Kraftwerke AG is one of the leading producers of large scale photovoltaic plants. Since 2003, the company has designed and built turn-key solar power plants at both the ground level and on rooftops.
"With this deal, we can offer our commercial customers SunPower's high-efficiency solar panels and patented rooftop and ground mounted tracking systems, which can significantly increase their energy output," said Steffen Kammler, City Solar president and CEO. "We are very pleased and excited to grow our global business using SunPower's proven technology."
The SunPower T10 Solar Roof Tiles are non-roof penetrating and tilt at a 10-degree angle to increase energy capture. The SunPower Tracker is a single axis design that enables solar panels to automatically track the sun's movement throughout the day, increasing sunlight capture by up to 25 percent. The SunPower T20 Tracker minimizes tracking expense relative to solar power plant capacity factor by increasing sunlight capture by up to 30 percent over conventional fixed-tilt systems.
