SunPower (SPWR) Lower as Peer Achieves Module Milestone
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SunPower (Nasdaq: SPWR) shares are lower in early trading as one of its largest competitors announced a new milestone today.
According to an earlier press release, California-based Silevo, Inc., announced the industry’s first greater than 350 Watt-peak (Wp) solar module made with 72 of Silevo’s proprietary Triex 156-millimeter (mm) solar cells.
MOre from the release: "Silevo’s 72-cell Triex solar module measured an output power of 355 Wp in both indoor and outdoor third-party testing by Renewable Energy Test Center (RETC), a TÜV SÜD America’s partner for PV testing. Triex technology, a hybrid solution of proven thin-film and crystalline silicon (c-Si) materials, delivers high efficiency and high energy yield with scalable, cost-effective manufacturing processes.
The Triex 355 Wp module provides more power output per given area, compared to today’s conventional c-Si solar modules, which typically range from 200 Wp to 300 Wp. Silevo’s additional output power significantly reduces the overall cost of a solar system by lowering balance of system (BOS) costs, which account for two-thirds of a conventional system’s cost. With an output of 355 watts, Silevo’s module requires less rooftop space or land, mounting and electrical components are reduced and systems can be built faster and more efficiently, reducing labor costs."
SunPower is down 1.6 percent early.
According to an earlier press release, California-based Silevo, Inc., announced the industry’s first greater than 350 Watt-peak (Wp) solar module made with 72 of Silevo’s proprietary Triex 156-millimeter (mm) solar cells.
MOre from the release: "Silevo’s 72-cell Triex solar module measured an output power of 355 Wp in both indoor and outdoor third-party testing by Renewable Energy Test Center (RETC), a TÜV SÜD America’s partner for PV testing. Triex technology, a hybrid solution of proven thin-film and crystalline silicon (c-Si) materials, delivers high efficiency and high energy yield with scalable, cost-effective manufacturing processes.
The Triex 355 Wp module provides more power output per given area, compared to today’s conventional c-Si solar modules, which typically range from 200 Wp to 300 Wp. Silevo’s additional output power significantly reduces the overall cost of a solar system by lowering balance of system (BOS) costs, which account for two-thirds of a conventional system’s cost. With an output of 355 watts, Silevo’s module requires less rooftop space or land, mounting and electrical components are reduced and systems can be built faster and more efficiently, reducing labor costs."
SunPower is down 1.6 percent early.
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