“The Whole Ethos of the Company is Energy Independence”, Sunpower Renewables Updated On Mon, Aug 30th, 2021 by Saurenergy As the energy market continues to open up In India, it’s throwing up a number of opportunities for firms. One such firm is Australia based Sunpower Renewables, which has focused on storage based solutions using Lithium Ion batteries. Starting with a simple solar lantern back in 2016, the firm today is offering an array of […] Read more
Duke Energy Renewables acquires three California solar projects from SunPower Updated On Wed, Jan 11th, 2017 by Saurenergy Duke Energy Renewables announced today it has acquired three solar power projects from SunPower Corp. totaling 55 megawatts (MW). The sites include the 20-MW Rio Bravo I, the 20-MW Rio Bravo II, and the 15-MW Wildwood Solar II solar power plants. They are located in Kern County, California, adjacent to two existing solar sites owned […] Read more
KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
IKEA, SunPower Launch Home Solar Offering in California, USA Updated On Tue, Sep 13th, 2022 by Saurenergy Global furniture store owner IKEA US has teamed up with SunPower, a solar technology and energy services provider, to make home solar energy solutions easier to access in select California locations. The official statement of IKEA held that members of the IKEA family customer loyalty program will be able to purchase home solar solutions, available […] Read more
TotalEnergies to Acquire Commercial & Industrial Solar Business of SunPower Updated On Fri, Feb 11th, 2022 by Saurenergy TotalEnergies has announced that the company has signed a contract with SunPower Corp.’s to purchase latter’s Commercial & Industrial Solutions (CIS) business for $250 million. The amount includes $60 million of earn-out. TotalEnergies is the majority shareholder of SunPower, a leading solar technology and energy services provider. Both the companies have approved the acquisition following a thorough process involving […] Read more
Majority Total Owned SunPower Completes Maxeon Solar Technologies Split Updated On Mon, Aug 31st, 2020 by Saurenergy SunPower, majority-owned by Total, has successfully completed the strategic transaction, announced last Nov, to create two independent public companies SunPower, majority-owned by Total since 2011, has announced that it has successfully completed the strategic transaction, announced last November, to create two independent public companies: SunPower, the leading North American distributed generation company, and Maxeon Solar […] Read more
SunPower to Supply Clean Solar Energy to Chevron’s Lost Hills Oil Field for 20 Yrs Updated On Wed, Oct 30th, 2019 by Saurenergy Also, it is expected that the project will produce over 1.4 billion kilowatt hours of clean solar power during its tenure of 20 years. California-headquartered SunPower has entered into a 20 year power purchase agreement (PPA) to supply renewable energy to Chevron’s Lost Hills Oil Field. Moreover, the company has also started construction on the […] Read more
Investing Renewables Infesting Fossils Updated On Mon, Jan 15th, 2018 by Saurenergy Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […] Read more
