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GemSeeker

04/28/11 6:19 PM

#21120 RE: sctts #21118

Good news on the Solar Industry...

European oil giant Total (TOT) announced after the close on Thursday that it offering to take a 60% majority stake in U.S. solar company SunPower(SPWRA), paying up to $1.3 billion.

Good News indeed to see another Oil company paying big money to be part of the Renewable Energy Industry... :)

http://www.thestreet.com/_yahoo/story/11098984/1/total-to-take-majority-stake-in-sunpower.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA