Meritage Homes and SunPower announce a partnership to bring solar to more homebuyers across the U.S. Under their three-year agreement, the companies will provide energy-efficiency and solar power solutions to thousands of homebuyers.
Sunpower announces strong financial results for Q4 2013 and FY 2013. The company reported Q4 2013 GAAP revenue of $638 million and non-GAAP revenue of $758 million, and Q4 2013 GAAP earnings per share of $0.15, non-GAAP earnings per share of $0.47. For 2013 GAAP, earnings per share were $0.70, and non-GAAP earnings per share were $1.68.
SunPower announces a program with Bank of America Merrill Lynch that will provide financing for about $220 million in residential solar lease projects. The program will assist thousands of homeowners in financing solar power systems through SunPower solar leases.
MidAmerican Solar and SunPower announce that the first portion of their 579MW Solar Star development was successfully synchronized and is now delivering energy to the grid. The two projects making up this portion of the development are co-located in Kern and Los Angeles counties in California.
SunPower and SunPower dealer Pacific Solar donate a solar power system to the Fresno Chaffee Zoo, thanks to the first 50 Fresno area households that bought or financed SunPower systems during the company's "Let's Solar Fresno" campaign. As part of the campaign, SunPower and Pacific Solar agreed to donate one solar panel to the zoo for each SunPower system sold or leased in Fresno in August.
Who will prevail in the competition for solar market dominance -- larger or smaller companies? Is that even the right question? Representatives from Vivint and SunPower debate the topic at the U.S. Solar Market Insight Conference.
The Hunts Point Restaurant Depot facility belonging to Jetro Cash and Carry in the Bronx now features the largest rooftop array in New York City. The 1.56MW PV solar array is expected to generate over 1.8 million kilowatt hours of clean energy annually, demonstrating that large solar installations are viable in New York City.
Colorado-based Namasté Solar brings solar to schools, homeless shelters, and community centers in addition to residential customers. An accredited B Corporation, the company considers benefits to multiple stakeholders and attributes much of its success to its unique business model.
The Oakland Unified School District (OUSD) is putting 3.6MW of solar systems on 16 schools. The systems include rooftop solar arrays and solar shade structures in school parking lots, which take advantage of underutilized space and provide needed shade. Once the systems are completed in 2014, the district estimates it will reduce electricity costs at those facilities by 46%.
Sol Systems successfully finances a residential solar portfolio for SunPower. The investment will fund over a thousand solar energy systems for homeowners across the northeastern and southwestern United States. The SunPower portfolio marks Sol System's first tax equity transaction with a portfolio of residential solar energy systems.
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