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SunPower and Apple form Solar Power Joint Venture in China

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Today, SunPower announced their joint venture with Apple to build two solar power projects totaling 40 megawatts (MW) in ABA Tibetan and Qiang Autonomous Prefectures, Sichuan Province of the Peoples Republic of China (PRC). When complete, the two projects will be co-owned by Sichuan Shengtian New Energy Development Co., Ltd., SunPower's project development joint venture, and Apple. Completion of the projects is expected in the fourth quarter of 2015.


SunPower has provided its leading, innovative solar solutions to Apple on six U.S. projects totaling 90 MW in California, Nevada and North Carolina. These landmark China projects are SunPower's first international solar collaboration with Apple.


"This is a tremendous ground-breaking collaboration, bringing together a diverse group of experienced partners from different parts of the globe to build renewable solar energy ventures that contribute to the local economy and the environment. Our unique, existing partnerships in China allowed for these projects to come to fruition quickly," said Tom Werner, president and CEO, SunPower.


Werner added that "These projects will provide clean, renewable energy, help address climate change, and continue to provide agricultural benefits to the local farmers, while protecting the area's precious land. We continue to value our partnership with Apple and commend them for their global environmental commitment." To learn more about the details of these projects, see SunPower's full press release here.


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