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SunPower (SPWR) Commences Construction of 13.8-MW NAWS China Lake System

January 18, 2012 8:03 AM EST
SPWR Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

Revenue Growth %: +9.6%
SunPower Corp. (Nasdaq: SPWR) has broken ground on a 13.78-megawatt (DC) solar photovoltaic (PV) power system at Naval Air Weapons Station China Lake (NAWS China Lake) in California. The plant is expected to create 140 jobs during construction, and generate the equivalent of more than 30 percent of NAWS China Lake's annual energy load, helping to reduce costs by an estimated $13 million over the next 20 years.


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