Solar

SunPower & Ecoware Sign 130 MW Panel Contract

SunPower Corporation announced it has signed a customer contract with Italian solar plant integrator Ecoware, S.p.A. Under the terms of the agreement, SunPower will provide Ecoware with at least 130 megawatts of its solar panels over the next four years.

Ecoware will begin receiving SunPower’s solar panels under the agreement in the first quarter of 2009. SunPower said that this deal is part of its strategy to expand its business worldwide.

“As electric rates continue to rise, SunPower recognizes the long-term growth opportunity for solar power in Italy and throughout Europe,” said Howard Wenger, SunPower’s president of global business units. “SunPower’s high-efficiency solar panels improve the energy delivery and will lower the levelized cost of energy of Ecoware’s ground mounted trackers.”

Ecoware designs turn-key power plant solutions. It manufactures dual-axis ground mounted tracker systems, and has designed and installed a number of solar projects in Italy.