SunPower Corporation expands partnership with Toshiba

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SunPower Corporation expands partnership with Toshiba

Greentech Lead U.S: SunPower Corporation, a manufacturer
of solar panels, announced that is has extended its long-standing partnership
with Toshiba through 2018.

Toshiba has sold SunPower Corporation’s technology solar
panels since 2010, making Toshiba the efficiency leader in the Japanese
residential market.

Under the terms of the master supply agreement, SunPower
will provide more than 100 megawatts of its highest-efficiency residential
solar panels annually exclusively to Toshiba. 

Toshiba will offer solar systems with SunPower’s highest
efficiency solar modules in the rapidly growing Japanese residential
market.  Since the company first partnered with Toshiba in 2010, it has
delivered more than 150 MW of its high-performance solar panels.

“Toshiba has become a leading provider of high
efficiency solar systems to the Japanese residential market and this extended
agreement means we will continue to deliver the most reliable photovoltaic
systems in the country for years to come,” said Toshiba executive officer,
corporate vice president, Takeshi Yokota.”

“Our strong partnership with Toshiba has been
instrumental in our rapid growth in the Japanese residential market,”
said Tom Werner, SunPower Corporation president and CEO. “Extending
our partnership through 2018 provides further certainty in a region that values
our high efficiency, high reliability, guaranteed performance solar
panels.”

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