Advertisement
YOU ARE HERE: LAT HomeCollectionsSunpower
IN THE NEWS

Sunpower

FEATURED ARTICLES
BUSINESS
January 3, 2013 | By Tiffany Hsu
Solar stocks were burning up Thursday, led by a 41% share price boom for SunPower, which this week said it sold a pair of massive Southern California solar power plants to a Warren Buffett company. San Jose-based SunPower said in a filing with the Securities and Exchange Commission that it sold two Antelope Valley photovoltaic projects to MidAmerican Solar, a subsidiary of MidAmerican Energy Holdings, itself owned by Buffett's company Berkshire Hathaway. The 579-megawatt pair is still under development.
ARTICLES BY DATE
BUSINESS
April 23, 2014 | By Shan Li
Google Inc. is partnering with solar panel maker SunPower Corp. to invest up to $250 million in leasing solar systems to homeowners. The Mountain View technology giant is contributing up to $100 million, and San Jose-based SunPower will invest $150 million, Google said in a blog post . The goal is to make "it easier for thousands of households across the U.S. to go solar. " "Using the fund ... we buy the solar panel systems," Google said. "Then we lease them to homeowners at a cost that's typically lower than their normal electricity bill.
Advertisement
BUSINESS
December 23, 2011 | Bloomberg
Total SA, Europe's third-largest oil producer, increased its bet on solar energy by buying more of San Jose-based SunPower Corp. and selling its renewable energy development unit to the U.S. company. Total, which already owns 60 percent of the second-largest U.S. solar-panel maker, agreed to pay $163.7 million to raise its stake to 66 percent, SunPower said today in a statement. The solar company will buy Total's Tenesol unit for $165.4 million in cash. Total is buying the SunPower shares at a 50 percent premium over yesterday's closing price, a move that Pavel Molchanov, a Houston-based analyst at Raymond James & Associates Inc., said was a vote of confidence in the company.
BUSINESS
January 3, 2013 | By Tiffany Hsu
Solar stocks were burning up Thursday, led by a 41% share price boom for SunPower, which this week said it sold a pair of massive Southern California solar power plants to a Warren Buffett company. San Jose-based SunPower said in a filing with the Securities and Exchange Commission that it sold two Antelope Valley photovoltaic projects to MidAmerican Solar, a subsidiary of MidAmerican Energy Holdings, itself owned by Buffett's company Berkshire Hathaway. The 579-megawatt pair is still under development.
BUSINESS
January 11, 2011 | By Ronald D. White, Los Angeles Times
Southern California Edison has signed contracts with two companies for the construction and operation of seven solar power plants in the state, including one that the utility said would be among the largest single solar photovoltaic installations in the U.S. The facilities, when completed by 2016, would add a total of 831 megawatts of electricity-generating capacity, enough to power 540,000 homes, the Rosemead utility said Monday. That represents a significant increase in Edison's ability to deliver power from the sun and other renewable sources.
BUSINESS
March 22, 2011 | By Alejandro Lazo, Los Angeles Times
In a nod to the growing popularity of sun-powered houses, Los Angeles-based KB Home said it was rolling out 10 new Southern California developments that would have solar panels incorporated as a standard feature for each property. The homes will be outfitted with six-panel photovoltaic solar systems built by SunPower Corp. The standard system will be capable of producing about 30% of daily energy use for an 1,800- to 2,000-square-foot home, said Steve Ruffner, president of KB Home's Southern California division.
BUSINESS
April 18, 2012 | By Tiffany Hsu
Smartphones, burgers and oil wells may be big moneymakers, but they can't compete when it comes to speed of expansion. The fastest-growing industries in the U.S. actually involve 3-D printers, solar panels, self-tanning products, Pilates and yogastudios and hot sauce. So says a new report from research group IBISWorld, which measured industries based on their contributions to the economy, revenue growth and expected future performance. In a season of rising gas prices, consumers and businesses are increasingly feeling the strain of dependence on fossil fuel.
BUSINESS
July 3, 1990 | RENE STUTZMAN, UNITED PRESS INTERNATIONAL
It will be an automobile race like no other in American history: 32 cars powered solely by the sun in a grueling 1,600-mile road rally. Thirty-two universities from the United States, Canada and Puerto Rico have built ultra-high-tech solar cars for Sunrayce USA, an 11-day endurance run from Florida to Michigan that begins July 9. The Florida Institute of Technology in Melbourne, Fla., has spent $230,000 designing and building its entry. "It'd make a nice Ferrari, wouldn't it?"
BUSINESS
November 18, 2005 | From Dow Jones/Associated Press
This week's second initial public offering in the technology sector got off to a strong start Thursday, the first day of trading of SunPower Corp. Shares of the Sunnyvale, Calif.-based maker of solar-power products closed at $25.45 on the Nasdaq Stock Market -- up $7.45, or 41%, from the IPO price of $18 a share. SunPower, which was a unit of Cypress Semiconductor Corp. until its carve-out this week, sold 7.
NEWS
August 3, 1990 | From Times Staff and Wire Reports
A Lake Elsinore man hoping to become the first person to fly across the United States using only solar power set off on his journey from this eastern Riverside County desert town. After two aborted takeoffs, Eric Raymond, 33, caught the thermal winds he needed to reach an optimal soaring altitude and then headed due east, the pilot's spokesman, Jack Whitehouse, said. Raymond hoped to travel 206 miles on the first leg in his homemade craft, the Sun-Seeker, and land in Carefree, Ariz.
BUSINESS
April 18, 2012 | By Tiffany Hsu
Smartphones, burgers and oil wells may be big moneymakers, but they can't compete when it comes to speed of expansion. The fastest-growing industries in the U.S. actually involve 3-D printers, solar panels, self-tanning products, Pilates and yogastudios and hot sauce. So says a new report from research group IBISWorld, which measured industries based on their contributions to the economy, revenue growth and expected future performance. In a season of rising gas prices, consumers and businesses are increasingly feeling the strain of dependence on fossil fuel.
BUSINESS
December 23, 2011 | Bloomberg
Total SA, Europe's third-largest oil producer, increased its bet on solar energy by buying more of San Jose-based SunPower Corp. and selling its renewable energy development unit to the U.S. company. Total, which already owns 60 percent of the second-largest U.S. solar-panel maker, agreed to pay $163.7 million to raise its stake to 66 percent, SunPower said today in a statement. The solar company will buy Total's Tenesol unit for $165.4 million in cash. Total is buying the SunPower shares at a 50 percent premium over yesterday's closing price, a move that Pavel Molchanov, a Houston-based analyst at Raymond James & Associates Inc., said was a vote of confidence in the company.
BUSINESS
September 8, 2011 | By Tiffany Hsu, Los Angeles Times
SolarCity, one of the country's largest residential solar energy system providers, plans to double the amount of rooftop installations across the country by setting up sun-powered systems on 160,000 homes and other buildings on military bases. The five-year, $1-billion SolarStrong project targets rooftop solar installations at 124 military housing developments in 33 states. SolarCity has already lined up a conditional commitment for a $344-million loan guarantee from the federal government.
BUSINESS
March 22, 2011 | By Alejandro Lazo, Los Angeles Times
In a nod to the growing popularity of sun-powered houses, Los Angeles-based KB Home said it was rolling out 10 new Southern California developments that would have solar panels incorporated as a standard feature for each property. The homes will be outfitted with six-panel photovoltaic solar systems built by SunPower Corp. The standard system will be capable of producing about 30% of daily energy use for an 1,800- to 2,000-square-foot home, said Steve Ruffner, president of KB Home's Southern California division.
BUSINESS
January 11, 2011 | By Ronald D. White, Los Angeles Times
Southern California Edison has signed contracts with two companies for the construction and operation of seven solar power plants in the state, including one that the utility said would be among the largest single solar photovoltaic installations in the U.S. The facilities, when completed by 2016, would add a total of 831 megawatts of electricity-generating capacity, enough to power 540,000 homes, the Rosemead utility said Monday. That represents a significant increase in Edison's ability to deliver power from the sun and other renewable sources.
BUSINESS
September 25, 2007 | Elizabeth Douglass, Times Staff Writer
With foreclosures rising and home prices diving, there is a bright spot in California's residential real estate market: Solar-powered homes are starting to outsell traditionally electrified new homes in several markets, and developers are stepping up their use of the technology. Perhaps it's only fitting for a state that so openly celebrates its sunshine.
BUSINESS
April 23, 2014 | By Shan Li
Google Inc. is partnering with solar panel maker SunPower Corp. to invest up to $250 million in leasing solar systems to homeowners. The Mountain View technology giant is contributing up to $100 million, and San Jose-based SunPower will invest $150 million, Google said in a blog post . The goal is to make "it easier for thousands of households across the U.S. to go solar. " "Using the fund ... we buy the solar panel systems," Google said. "Then we lease them to homeowners at a cost that's typically lower than their normal electricity bill.
NEWS
May 14, 1989 | DENNIS BYRD, Associated Press
Seth (Skeeter) Ward has devised what he calls a revolutionary parking meter that runs on sun power and can erase the time remaining when a vehicle pulls out of a parking space. Its jam-resistant coin chute can tell a U.S. quarter from a Mexican peso, a Canadian quarter or a quarter-sized washer or slug. Customers may also pay with a plastic debit card. Ward, 35, is president of P.O.M. Inc., one of the biggest parking meter manufacturers in the United States. P.O.M. stands for Park-O-Meter, the original name of the company's first mechanical meter in 1935.
BUSINESS
November 18, 2005 | From Dow Jones/Associated Press
This week's second initial public offering in the technology sector got off to a strong start Thursday, the first day of trading of SunPower Corp. Shares of the Sunnyvale, Calif.-based maker of solar-power products closed at $25.45 on the Nasdaq Stock Market -- up $7.45, or 41%, from the IPO price of $18 a share. SunPower, which was a unit of Cypress Semiconductor Corp. until its carve-out this week, sold 7.
CALIFORNIA | LOCAL
August 24, 1998 | COLL METCALFE, TIMES STAFF WRITER
Back 50 years ago, in the heyday of aviation development, pilots like Chuck Yeager used to talk about pushing the envelope to find where the demon lives. But in an age when air travel and supersonic flights have become about as common as a hairbrush, that demon--or the point that no man has reached--has become even more elusive.
Los Angeles Times Articles
|