SunPower completes acquisition of SolarWorld assets

SunPower-Headquarters

SunPower has completed its acquisition of certain assets of SolarWorld Americas, including its Hillsboro, Oregon facilities and its manufacturing workforce of 200 plus employees.

The strategy of SunPower is to enhance its investment in manufacturing of solar products in the US. SunPower has started to make investment into the factory to implement its P-Series solar panel manufacturing technology.

“This acquisition is an important step in helping to reshape solar manufacturing in America,” said Tom Werner, SunPower CEO. “We’ll be able to sell American-assembled panels to serve our strong U.S. market demand.”

SunPower has begun implementing its plans to move relevant equipment to Hillsboro and convert existing module capacity to manufacture 19 percent efficient P-Series technology.

SunPower will start product shipments in the first quarter of next year. Hillsboro employees will continue to produce SolarWorld Americas product over the next several months before refocusing on manufacturing SunPower P-Series products.

SunPower earlier said the company supplied four megawatts of E-Series solar panels for a ground-mounted solar power system in Amman, Jordan.

The system is generating power for Arab Jordan Investment Bank’s (AJIB) headquarters, and branches in the Amman area. It is expected to generate seven gigawatt hours of electricity in the first year of operation.

National Parks Conservation Association (NPCA) has tied up with SunPower in order to provide opportunities for its members and supporters to go solar, thereby helping to reduce carbon emissions and improve air quality.

SunPower will make an initial minimum donation of $10,000 to NPCA. Each NPCA member or supporter that has a SunPower home solar system installed through this program will be eligible to receive a $500 mail-in rebate and SunPower will provide a donation of $500 to NPCA.