Profile: SunPower Corp (SPWR.O)
24 May 2017
SunPower Corporation, incorporated on May 25, 2004, is a global energy company. The Company delivers complete solar solutions to residential, commercial, and power plant customers. The Company's segments include Residential Segment, Commercial Segment and Power Plant Segment. The Residential and Commercial Segments combined are referred to as Distributed Generation. The Company offers solar module technology and solar power systems that are designed to generate electricity over a system life over 25 years; Integrated Smart Energy software solutions that enable customers to manage and optimize the cooperation center of excellence (CCOE) measurement; Installation, construction, and ongoing maintenance and monitoring services; and financing solutions that provide customers a range of options for purchasing or leasing solar products at competitive energy rates.
The Company offers a set of residential solutions that deliver value to homeowners and its dealer partners. The Company has developed to deliver alternating current (AC) panels with factory-integrated micro inverters. AC system architecture, as compared with direct current (DC) systems, facilitates direct panel installation, eliminating the need to mount or assemble additional components on the roof or the side of a building, driving down system costs, improving overall system reliability, and providing cleaner design aesthetics.
The Company offers Equinox residential market product, a solar platform utilizing Maxeon cells, AC panel architecture, and EnergyLink monitoring hardware to combine solar power production and energy management, allowing residential customers to complete the system installations and to ensure always-on connectivity so homeowners can access the data anytime, anywhere. The Company offers the SunPower InvisiMount residential mounting system in its product portfolio. The InvisiMount system is designed for use with panels and reduces installation time through pre-assembled parts and integrated grounding. The Company also offers financing programs that are designed to offer customers a range of options to obtain solar products and systems, including loans arranged through third-party lending partners, in some cases for no money down, or by leasing solar systems at competitive energy rates.
The Company offers Helix commercial market product. The Helix system is a pre-engineered, modular solution that combine its solar module technology with integrated plug-and-play power stations, cable management systems, and mounting hardware that is built to last and fast to install, enabling customers to scale the solar programs with minimal business disruption. The Helix platform is standardized across rooftop, carport and ground installations and designed to lower system cost while improving performance. The Helix platform is also bundled with its Smart Energy software analytics, which provides customers with detailed information about the energy consumption and production, enabling to further reduce the energy costs. The Company also offers a range of commercial solutions designed to address a range of site requirements for commercial rooftop, parking lot and open space applications, including a portfolio of solutions utilizing framed panels and a range of internally or externally developed mounting methods for flat roof and tilt roof applications. The Company's commercial flat rooftop systems are designed to be lightweight and interlock, enhancing wind resistance and providing for secure, rapid installations.
The Company offers the industry's modular solar power block, the Oasis system, which combines SunPower solar panels and tracker technology into a scalable 1.5 megawatt (MW) solar power block. The Oasis operating system is designed to support future grid interconnection requirements for solar power plants, such as voltage ride-through and power factor control. More than two gigawatt (GW) of the Oasis system is installed or under contract. The Company's robotic solar power plant cleaning system technology has been deployed on many of the utility-scale solar power systems for which it provides operations and maintenance (O&M) services. The robots may be configured for use with a range of solar panels and mounting types, including fixed-tilt arrays and single access trackers and reduce water use and system performance.
The Company competes with Canadian Solar Inc., Hanwha Corporation, JA Solar Holdings Co., Kyocera Corporation, LG Corporation, Mitsubishi Corporation, NRG Energy, Inc., Panasonic Corporation, Recurrent Energy, Sharp Corporation, SolarWorld AG, Sungevity, Inc., SunRun, Inc., Tesla, Inc., Trina Solar Ltd., Vivint, Inc., Yingli Green Energy Holding Co. Ltd, Abengoa Solar S.A., Acciona Energia S.A., AES Solar Energy Ltd., Chevron Energy Solutions (a subsidiary of Chevron Corporation), EDF Energy plc, First Solar Inc., NextEra Energy, Inc., NRG Energy, Inc., Sempra Energy, Silverado Power LLC., Skyline Solar, Inc., Solargen Energy, Inc., Solaria Corporation, and Tenaska, Inc.
77 Rio Robles
SAN JOSE CA 95134
Company Web Links
- SunPower sees bigger-than-expected second-quarter loss, shares fall
- UPDATE 2-SunPower sees bigger-than-expected 2nd-qtr loss, shares fall
- BRIEF-Sunpower - in 15 business days of receiving notice from co certifying co encountered liquidity support event, total sa to provide guaranty of payment obligations
- SunPower Corp posts bigger quarterly loss
- First Solar wants out of 'yieldco' venture with SunPower