Solar

SunPower Reaches Manufacturing Deal with Jabil Circuit

SunPower Corp. has signed a multi-year solar panel manufacturing agreement with Jabil Circuit Inc., to build panels for SunPower’s North American solar market. Jabil will begin manufacturing panels for SunPower in Mexico in the second half of 2009.

Separately, Jabil will collaborate with SunPower in the company’s participation in the Solar America Initiative (SAI), a U.S. Department of Energy effort to accelerate the development of advanced solar energy technologies. SunPower has participated in the initiative since September 2007. SunPower and Jabil said that they intend to evaluate establishing panel and system manufacturing locations in the U.S., which would result in the creation of highly skilled jobs.

“This agreement provides SunPower with the flexibility to site manufacturing near the largest and fastest growing solar markets in North America, improving the efficiency of our supply chain,” said Marty Neese, SunPower’s chief operating officer. “Jabil’s extensive experience in manufacturing and high-quality standards makes them an ideal partner for producing SunPower’s solar panels, the most powerful solar technology on the planet.”