In other areas, such as the Middle East and South America, projects are purchased by an investor or financing company and operated as central-station solar power plants. Services and Solutions Operations and Maintenance The company’s solar power systems are designed to generate electricity over a system life typically exceeding 25 years. The company offers operations and maintenance services, including remote monitoring services, preventative and corrective maintenance, as well as rapid-response outage restoration and inverter repair, with the objective of optimizing its customers' electrical energy production over the life of the system. The company’s proprietary set of advance monitoring applications (the SunPower Monitoring System) provides customers real-time performance status of their solar power system, with access to historical or daily system performance data through its customer Web site (www.sunpowermonitor.com). The SunPower Monitoring System is available through applications on Apple and Android devices. Residential Leasing Program The company’s residential lease program, in partnership with third-party financial institutions, allows customers in the United States to obtain SunPower systems under lease agreements up to 20 years. Customers The company sells its products through its three regional segments: the Americas segment, the EMEA segment, and the APAC segment. The company’s customers include investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners and small commercial building owners. Intellectual Property ‘SunPower’ and the ‘SunPower’ logo are the company’s registered trademarks in countries throughout the world for use with solar cells, solar panels and mounting systems. The company also holds registered trademarks for, among others, ‘Maxeon’, ‘Oasis’, ‘PowerLight’, ‘Serengeti’, ‘Smarter Solar’, ‘SunTile’, ‘SunPower Electric’, ‘Tenesol’, ‘The Planet's Most Powerful Solar’, ‘The World's Standard for Solar’, and ‘Use More Sun’ in certain countries. As of December 29, 2013, the company held registrations for 16 trademarks in the United States, and had 2 trademark registration applications pending. The company also held 105 trademark registrations and had approximately 26 trademark applications pending in foreign jurisdictions. Environmental Regulations The Iran Threat Reduction and Syria Human Rights Act of 2012, signed into law by President Obama on August 10, 2012, added a new Section 13(r) to the Securities Exchange Act of 1934, as amended, which requires the company to disclose whether Total S.A. or any of its affiliates has engaged during 2012 in certain Iran-related activities. Significant Events SunPower Corp. and AE-AMD Renewable Energy, as well as its partners have completed two South African ground-mounted solar projects and are now feeding 33 megawatts (MW) into the grid. Competition The company’s solar power products and systems compete with competitors in the solar power market, including the following: Residential and Commercial: 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., and Yingli Green Energy Holding Co. Ltd. Utility and Power Plant: Abengoa Solar S.A., Acconia 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., Recurrent Energy (a subsidiary of Sharp Corporation), Sempra Energy, Silverado Power LLC., Skyline Solar, Inc., Solargen Energy, Inc., Solaria Corporation, SunEdison, and Tenaska, Inc. History SunPower Corporation was incorporated in California in 1985. The company was reincorporated in Delaware in 2005.
sunpower corp (SPWR:NASDAQ GS)
77 Rio Robles
San Jose, CA 95134
|Canadian Solar Inc||$27.97 USD||-0.31|
|First Solar Inc||$63.30 USD||+0.49|
|Globalstar Inc||$4.10 USD||+0.06|
|SolarCity Corp||$72.16 USD||+2.74|
|SunEdison Inc||$21.25 USD||-0.41|
|View Industry Companies|
Sponsored Financial Commentaries
To contact SUNPOWER CORP, please visit www.sunpowercorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.