Profile: SunPower Corp (SPWR.O)

SPWR.O on Nasdaq

4 Mar 2015
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SunPower Corp (SunPower), incorporated on May 25, 2004, is an energy services company. The Company provides its solar technology to residential, commercial and utility customers across the world. The Company sells its solar power products, including panels, balance of system components, and inverters to dealers, systems integrators distributors and companies. The Company offers rooftop and ground-mounted solar systems that integrate a variety of its solar power products and solutions. The Company operates in three geographical regions: the Americas Segment, the EMEA Segment and the APAC Segment. The Americas Segment includes both North and South America. The EMEA Segment includes European countries, as well as the Middle East and Africa. The APAC segment includes all Asia-Pacific countries.

The Company’s solar cells are designed without reflective metal contact grids or current collection ribbons on the front of the solar cell. The Company has its X-Series solar panels, made with its Maxeon Gen 3 solar. The Company’s suite of SunPower solar panels provides customers a variety of features to, including the SunPower Signature Black design. The Company offers panels that can be used both with inverters that require transformers, as well as with the transformer-less inverters. Balance of system components are components of a solar power system other than the solar panels, and include mounting structures, charge controllers, grid interconnection equipment, and other devices, depending on the specific requirements of a particular system and project.

SunPower offers commercial solutions designed to address a range of site requirements for commercial rooftop, parking lot and open space applications. The Company’s commercial rooftop offering includes an all-in-one, non-penetrating system that combines solar panel, frame, and mounting system into one pre-engineered unit design for flat roof application. The Company also offers a portfolio of solutions utilizing framed panels and a variety of internally or externally developed mounting methods for flat roof and high tilt roof applications.

The Company’s single axis tracking systems automatically pivot solar panels to track the sun's movement throughout the day. The Company’s dual axis tracking systems, as such systems require more motors, drives, land, and power to operate per KW (Kilowatt) of capacity. SunPower offers modular solar power block (SunPower Oasis), which combines SunPower solar panels and tracker technology into a scalable 1.5 MW solar power block. The Solar concentrator (SunPower C-7 Tracker) combines a horizontal single-axis tracker with rows of parabolic mirrors

The Company competes with Canadian Solar Inc., Hanwha Corporation, JA Solar Holdings Co., Kyocera Corporation, LG Corporation, Mitsubishi Corporation, Panasonic Corporation, Sharp Corporation, SolarCity Corporation, SolarWorld AG, Sungevity, Inc., SunRun, Inc., Trina Solar Ltd., Vivint, Inc., Yingli Green Energy Holding Co. Ltd., Abengoa Solar S.A., Acconia Energia S.A., AES Solar Energy Ltd., Chevron Energy Solutions, EDF Energy plc, First Solar Inc., NextEra Energy, Inc., NRG Energy, Inc., Recurrent Energy, Sempra Energy, Silverado Power LLC., Skyline Solar, Inc., Solargen Energy, Inc., Solaria Corporation, SunEdison, and Tenaska, Inc.

Company Address

SunPower Corp

77 Rio Robles
SAN JOSE   CA   95134
P: +1408.2405500
F: +1302.6555049

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