SunPower Der name ist Programm - 500 Beiträge pro Seite

[boulefan]

Habe mir heute mal eine kleine Position ins Depot gelegt.

Wie steht Ihr zu der neuen Solaraktie?

[unawatuna]

SunPower als 25. Unternehmen im PHOTON Photovoltaik-Aktien Index PPVX
21.11.2005 (08:26)

In den PHOTON Photovoltaik-Aktien Index PPVX wurde SunPower als 25. Aktie aufgenommen. Nach einer Performance von rund 182 Prozent im Jahr 2004 hat der Index dieser Boombranche seit Jahresanfang 2005 mit rund 143 Prozent weiterhin stark zugelegt.

Aachen/Wien, 20.11.05 (photon/oeko-invest): Der internationale PHOTON Photovoltaik-Aktien Index (PPVX) enthält mit der SunPower Corporation (www.sunpowercorp.com) das sechste Solarunternehmen aus den USA. Die 19 anderen Firmen haben ihren Sitz in Deutschland (12), Australien (2), Kanada (2), Schweiz (1), Taiwan (1) und Thailand (1). Die Gewichtung der SunPower-Aktie im Index beträgt anfänglich rund 6,3 Prozent.

Die Aufnahme in den PPVX erfolgte zum Schlusskurs (25,45 Dollar) des ersten Handelstages an der Nasdaq am 17. November 2005 mit dem höchsten Gewichtungsfaktor (4). Nach einer kurzfristigen Erhöhung der Bookbuildingspanne um 4 Dollar auf 16 bis 18 Dollar wurde die Aktie am oberen Ende zu einem Ausgabepreis von 18 Dollar platziert. SunPower verbuchte in den ersten neun Monaten 2005 bei einem Umsatz von rund 49,4 Millionen Dollar einen Verlust von rund 15,2 Millionen Dollar. Die auf den Philippinen gelegene Fabrik hat eine Kapazität von derzeit 25 Megawatt, die 2006 durch zwei weitere Produktionslinien auf 75 Megawatt ausgebaut werden soll. Im Vergleich zu Solarzellen der meisten anderen Produzenten, die Wirkungsgrade von 15 bis 17 Prozent erzielen, kommen die SunPower-Zellen – unter anderem durch die Anordnung aller elektrischen Metallkontakte auf der Zellrückseite – laut Unternehmensangaben auf wesentlich höhere Wirkungsgrade von 20 bis 21,5 Prozent. Mit einer homogenen schwarzen Oberfläche heben sich die SunPower-Zellen auch durch ihr Aussehen von kristallinen Solarzellen anderer Hersteller ab. Die 7,7 Millionen beim Börsengang platzierten „A“-Aktien (der Streubesitz beträgt rund 13 Prozent) haben jeweils eine Stimme, die „B“-Aktien der Muttergesellschaft Cypress Semiconductor, die nach dem Börsengang noch 87 Prozent an SunPower hält, jeweils acht Stimmen.

Bei insgesamt rund 59,8 Millionen Aktien („A“ und „B“) ergibt sich beim Wochenschlusskurs von 27,10 Dollar am 18.11.2005 eine Börsenbewertung von rund 1.379 Millionen Euro. Damit ist SunPower – nach den beiden deutschen Titeln Q-Cells AG und SolarWorld AG (1.801 bzw. 1.488 Millionen Euro) und vor der taiwanesischen Motech Industries (976 Millionen Euro) – der drittgrößte Titel im Index, dessen Volumen sich seit Anfang 2004 von rund 0,4 Milliarden Euro auf rund 9,5 Milliarden Euro erhöht hat.
Nicht gerade billig! Z.B Börsenbewertung Sunways=100 Millionen Euro!

[emmischmied]

[posting]18.919.289 von boulefan am 21.11.05 10:49:19[/posting]meiner meinung nach total überbewertet...
besser conergy oder solarworld kaufen...

[boulefan]

Dat Dingends hält sich und stützt nich ab.
Ich bleebe mal drin und guck mir dat an.

[boulefan]

Dat Dingens hält sich nicht nur, es steigt

[Crowww]

emmischmied

[emmischmied]

[posting]19.225.649 von Crowww am 09.12.05 23:40:58[/posting]was denn?

[emmischmied]

naja geht ja aufwärts

[Astralblue]

hi zusammen

das ist auch gut für evergreen solar)!!!

man geht in solar-werte*freu*


lg
Günter

[boulefan]

Naaa? Wer hat denn da heute die 200 Stück gekauft??
Hier scheint sich ja niemand für die Aktie zu interessieren. Oder kauft Ihr alle in USA?

Jedenfalls siehts dort gut aus

[boulefan]

Ich will nicht alleine reich werden !!

[boulefan]

SunPower als 25. Unternehmen im PHOTON Photovoltaik-Aktien Index PPVX
+ 21.11.2005 + In den PHOTON Photovoltaik-Aktien Index PPVX wurde SunPower als 25. Aktie aufgenommen. Nach einer Performance von rund 182 Prozent im Jahr 2004 hat der Index dieser Boombranche seit Jahresanfang 2005 mit rund 143 Prozent weiterhin stark zugelegt.
Der internationale PHOTON Photovoltaik-Aktien Index (PPVX) enthält mit der SunPower Corporation das sechste Solarunternehmen aus den USA. Die 19 anderen Firmen haben ihren Sitz in Deutschland (12), Australien (2), Kanada (2), Schweiz (1), Taiwan (1) und Thailand (1). Die Gewichtung der SunPower-Aktie im Index beträgt anfänglich rund 6,3 Prozent.

Die Aufnahme in den PPVX erfolgte zum Schlusskurs (25,45 Dollar) des ersten Handelstages an der Nasdaq am 17. November 2005 mit dem höchsten Gewichtungsfaktor (4). Nach einer kurzfristigen Erhöhung der Bookbuildingspanne um 4 Dollar auf 16 bis 18 Dollar wurde die Aktie am oberen Ende zu einem Ausgabepreis von 18 Dollar platziert.

SunPower verbuchte in den ersten neun Monaten 2005 bei einem Umsatz von rund 49,4 Millionen Dollar einen Verlust von rund 15,2 Millionen Dollar. Die auf den Philippinen gelegene Fabrik hat eine Kapazität von derzeit 25 Megawatt, die 2006 durch zwei weitere Produktionslinien auf 75 Megawatt ausgebaut werden soll. Im Vergleich zu Solarzellen der meisten anderen Produzenten, die Wirkungsgrade von 15 bis 17 Prozent erzielen, kommen die SunPower-Zellen – unter anderem durch die Anordnung aller elektrischen Metallkontakte auf der Zellrückseite – laut Unternehmensangaben auf wesentlich höhere Wirkungsgrade von 20 bis 21,5 Prozent. Mit einer homogenen schwarzen Oberfläche heben sich die SunPower-Zellen auch durch ihr Aussehen von kristallinen Solarzellen anderer Hersteller ab.
Die 7,7 Millionen beim Börsengang platzierten „A“-Aktien (der Streubesitz beträgt rund 13 Prozent) haben jeweils eine Stimme, die „B“-Aktien der Muttergesellschaft Cypress Semiconductor, die nach dem Börsengang noch 87 Prozent an SunPower hält, jeweils acht Stimmen.

Bei insgesamt rund 59,8 Millionen Aktien („A“ und „B“) ergibt sich beim Wochenschlusskurs von 27,10 Dollar am 18.11.2005 eine Börsenbewertung von rund 1.379 Millionen Euro. Damit ist SunPower – nach den beiden deutschen Titeln Q-Cells AG und SolarWorld AG (1.801 bzw. 1.488 Millionen Euro) und vor der taiwanesischen Motech Industries (976 Millionen Euro) – der drittgrößte Titel im Index, dessen Volumen sich seit Anfang 2004 von rund 0,4 Milliarden Euro auf rund 9,5 Milliarden Euro erhöht hat.

18.11.05 = 2.293
Land Unternehmen Kurs 18.11.05 % seit 1.1.05
(in Heimatwährung)
CH 3S Swiss Solar Systems AG 6,80 +9,7*
CAN Arise Technologies 0,35 +105,9
CAN Carmanah Technologies 3,50 +19,0*
D Centrosolar AG 13,77 -13,9*
D Conergy AG 82,70 +23,4*
USA DayStar Technologies 11,58 +306,3
AUS Dyesol Ltd. 0,24 +9,1*
USA Energy Conversion Devices 30,92 +60,0
D ErSol Solar Energy AG 40,05 -23,7*
USA Evergreen Solar 12,00 +174,6
TW Motech Industries 474,00 +297,3
D Phönix SonnenStrom AG 16,15 +125,9
D Q-Cells AG 48,80 +1,1*
D Reinecke+Pohl Sun Energy 16,69 +73,4*
D S.A.G. Solarstrom AG 6,90 +41,1
D Solar-Fabrik AG 10,57 -3,5
USA Solar Integrated Technol. 1,725 +32,2
THA Solartron Co. Ltd 10,20 -12,1*
D SolarWorld AG 117,15 +251,82
AUS Solco Ltd. 0,295 -1,7
D Solon AG 25,75 +78,2
D Sunline 6,01 -13,5*
D SunPower 27,10 +6,5*
D Sunways AG 12,68 +108,6
USA WorldWater & Power Corp. 0,36 +20,0
int. PPVX 2.293 +143,4

* seit Aufnahme zu den Schlusskursen vom 17./30.3., 31.5., 5.7., 31.8., 19./29./30.9., 5./20.10 bzw. 17.11.2005

18.11.05: Der PPVX ist letzte Woche um 2,4% auf 2.293 Punkte gestiegen, der AMEX Oil-Index um 1,9%. Mit +143,4% seit Jahresanfang liegt der PPVX damit währungsbereinigt rund 86 Prozentpunkte vor dem Ölaktienindex (+57,6%). Am 17. November 2005 wurde zum Schlusskurs (25,45 Dollar) des ersten Handelstages die US-Aktie SunPower mit dem Gewichtungsfaktor 4 – anfänglich rund 6,3 Prozent – in den Index aufgenommen (der Ausgabepreis lag bei 18 Dollar). Die größten Wochengewinner waren – nach dem Zeichnungsgewinn von rund 50% bei SunPower - Sunways (+19%) und Evergreen Solar (+13%), der grösste Verlierer Centrosolar (-10%).

Das PPVX-Spitzentrio seit Anfang 2005 bilden DayStarTechnologies (+306%), MotechIndustries (+297%) und SolarWorld (+252%). Die PPVX-Marktkapitalisierung stieg mit der rund 1,4 Milliarden Euro schweren SunPower auf einen neuen Rekordwert von rund 9,5 Milliarden Euro.

Quelle:
Max Deml - Öko-Invest 2005
PHOTON International 2005

[Crowww]

Solaraktie macht 50% in 2 Wochen

Suntech Power setzt seine Rallye auch in seiner zweiten Handelswoche seit dem Börsengang fort. Das chinesische Unternehmen für Solartechnologie hat am 14.Dezember sein Börsendebut zu 14 Dollar je ADR gegeben. Damit hat das junge Unternehmen seit seinem Börsengang rund 50% Kursgewinn geschafft.

Der Börsengang erbrachte rund 400 Millionen Dollar und bedeutet den größten Börsengang eines chinesischen Unternehmens außerhalb seines Heimatmarktes in diesem Jahr. Dies verheiße Gutes für weitere IPOs aus China an einer US-Börse, so ein Analyst.

Derzeit notiert Suntech bei 22,55$ (+7,64%).

[boulefan]

Aber nicht verwechseln:

Suntech Power ist nicht Sunpower.

Suntech Power ist ein chinesischer Wert, der sein IPO in USA hatte. Arbeitet mit Solarworld zusammen
Sunpower ist eine reine Ami-Aktie.

Beide werden an der Nasi und hier gehandelt

[Crowww]

Tschuldigung

[boulefan]

Macht nix - kauf einfach beide

[boulefan]

21.12.2005



Die Hamburger Conergy AG (ISIN DE 00060 40025) schloss in den letzten
zwei Wochen neun zusätzliche Lieferverträge für Photovoltaik-Module
über ein Gesamtvolumen von 70,5 MWp ab. Unter den Lieferanten sind
unter anderem SunPower , GE und Scanmodule/REC-Gruppe. Zusammen mit
den bereits abgeschlossenen Verträgen und den laufenden langfristigen
Lieferpartnerschaften, beispielsweise mit Sharp und First-Solar, hat
sich Conergy damit die Basis gesichert, um auch in 2006 deutlich
schneller als der weltweit laut Verbandsschätzungen um 25% zulegende
Solarmarkt zu wachsen.

[Lanzalover]

[boulefan]

Dat Dingens geht ab wie Clintons ehemalige Katze

[boulefan]

In Amiland werden hundertausende Aktien gehandelt und hier gerade mal 100

Vor zwei Jahren war das mit Evergreen genauso, und dann ....

Habt Ihr euer ganzes Weíhnachtsgeld schon verbraten?

[boulefan]

[wiskas]

geiler schlußspurt heute

[boulefan]

Unglaubliche Erholung!
In zwei Tagen von 30 auf 37 Dollar

[boulefan]

Börse ist eigentlich ganz einfach!
Du kaufst ein paar Hühner.

Die Hühner legen Eier. Eier - Hühner - Eier - Hühner.

Plötzlich besitzt
du einen Hof, voll mit 10000 Hühnern. Und es kommt ein Regen, ein Riesenregen, und es ertrinken alle Hühner.

Und dann sagst du: Enten hätte ich kaufen sollen!

So ist es mit der Börse. Ganz einfach!

[boulefan]

Acvh so, was ich sagen wollte:
SunPower ist eine Ente

[wiskas]

interessiert ja eh keinen - aber mal eben an so einem Tag ein neues ATH

[boulefan]

22.03.2006 - 08:05 Uhr, SunPower Corporation [Pressemappe]
Sunnyvale, Kalifornien (ots/PRNewswire) -

- Erstes Unternehmen weltweit, das den strengen, neuen,
internationalen Normen gerecht wird

SunPower Corporation (Nasdaq: SPWR), ein im Silicon Valley
ansässiger Hersteller der weltweit effizientesten, im Handel
erhältlichen Solarzellen und Solarpaneele, gab heute bekannt, dass er
als weltweit erster Hersteller von Solarpaneelen die schwierigen,
neuen TÜV Tests gemäss den IEC 61215 Edition 2 Normen bestanden hat.
Die Ausstellung des TÜV Zertifikates bestätigt, dass SunPowers
Solarpaneele global den Produktsicherheits- und Qualitätsstandards
entsprechen, die im TÜV Prüfungsprozess vorgesehen sind.

"Wir freuen uns, der erste Hersteller von Solarpaneelen zu sein,
der den strengen, neuen Richtlinien entspricht, die von den neuen
Testnormen des IEC gefordert werden", sagte William Mulligan, Vice
President für Technologie und Entwicklung von SunPower Corporation.
"Das TÜV Zertifikat unterstreicht SunPowers Engagement für die
Produktion von hochqualitativen Solarpaneelen auf dem Markt".

Die TÜV Rheinland Group ist der führende, internationale Anbieter
von technischen Dienstleistungen und implementiert die härtesten,
unabhängigen Test- und Leistungsnormen, die heute auf dem Markt
existieren. SunPower erhält das TÜV Zertifikat mit dem höchsten
Schwierigkeitsgrad, das die Leistungsfähigkeit, Qualität und
Sicherheit von SunPowers SPR-220 WHT, SPR-215 BLK und den SPR-95 WHT
Solar Modulen bewertet und beurteilt. Diese Paneele wurden gemäss den
Normen der Edition 2 für kristalline, terrestrische Silikon
Photovoltaik (PV) Module, sowie für Designqualifikation und
Typengenehmigung approbiert.

"SunPower ist nicht nur das erste Unternehmen, das den neuen IEC
61215 Testprozeduren gerecht wird, sondern es ist das einzige
Unternehmen weltweit, das unsere strengen Normen für Sicherheit und
Qualität bis jetzt erfüllt", sagte Jörg Althaus von der TÜV Rheinland
Group. "Unser Ziel ist es, die weltweit höchsten Standards für die
Leistungsfähigkeit von Solar Photovoltaik zu etablieren und wir
freuen uns, dass die weltweit effizientesten Solarpaneele als erste
unsere neuen Zertifizierungen erlangt haben".

Näheres über SunPower

Die SunPower Corporation entwickelt und produziert hocheffiziente
Silikon Solarzellen und Solarpaneele auf Basis eines All-Back-Contact
Zellendesigns. SunPowers Solarzellen und -paneele erzeugen bis zu 50
% mehr Energie pro Flächeneinheit, als konventionelle
Solartechnologien und bieten ein einzigartig attraktives, vollkommen
schwarzes Design. Für weitere Informationen über SunPower oder die
Solartechnologie, besuchen Sie bitte die Website von SunPower unter
http://www.sunpowercorp.com. SunPower ist eine Tochtergesellschaft im
Mehrheitsbesitz von Cypress Semiconductor Corp. (NYSE:CY).

Vorausschauende Erklärung

In dieser Presseaussendung getätigte Aussagen, die ihrer Natur
nach nicht historisch sind und die sich auf SunPowers Pläne und
Erwartungen für die Zukunft beziehen, sind vorausschauende
Erklärungen, die gemäss dem Private Securities Litigation Reform Act
von 1995 gemacht wurden. Wir verwenden Worte wie "schätzt", "sieht
vorher", "glaubt", "erwartet", "Zukunft", "freuen sich", "Planung",
"beabsichtigt" und ähnliche Ausdrücke, um solche vorausschauenden
Erklärungen zu kennzeichnen. Unsere derzeitigen Ergebnisse können
sich auf Grund einer Vielzahl von Faktoren substantiell
unterscheiden, einschliesslich, jedoch nicht begrenzt auf die
Risiken, die in unseren Eingaben bei der Securities and Exchange
Commission gemacht wurden. Alle vorausschauenden Erklärungen, die in
dieser Presseaussendung enthalten sind, basieren auf Informationen,
die SunPower zum Zeitpunkt dieser Presseaussendung zur Verfügung
standen und die sich ändern können und wir übernehmen keine
Verpflichtung, irgend eine vorausschauende Erklärung zu
aktualisieren.

SunPower ist eine registrierte Handelsmarke der SunPower
Corporation. Cypress ist eine registrierte Handelsmarke der Cypress
Semiconductor Corp. Alle anderen Handelsmarken gehören ihren
entsprechenden Eigentümern.

Website: http://www.sunpowercorp.com



Pressekontakt:
Julie Blunden, Vice President für externe Angelegenheiten,
[phone], oder Helen Kendrick, Kommunikationsmanager,
[phone] oder [e-mail], beide von der
SunPower Corporation

http://www.presseportal.de/story.htx?nr=801039&ressort=1

[boulefan]

Die SunPower Corporation (Sunnyvale, Kalifornien; Nasdaq: SPWR), nach eigenen Angaben Hersteller der weltweit effizientesten Solarzellen und Solarmodule auf dem Markt, hat am 6. April 2006 angekündigt, neue Solarmodule im großen Stil zu vertreiben. Die Solarmodule der "nächsten Generation" leisten 220, 215 oder 95 Watt peak und sollen die Solarstromproduktion auf möglichst kleiner Fläche optimieren. Sie haben laut SunPower einen Wirkungsgrad von bis zu 17,7 % - was bei einer gegebenen Dachfläche den Ertrag im Vergleich zu herkömmlichen Modulen um bis zu 50 % steigere und gleichzeitig die Montagekosten senke.

SPR-220 effizientestes Solarmodul der Welt

Das SPR-215-Modul wird im einzigartigen komplett schwarzen Design von SunPower gefertigt, das die Optik eines Solardachs verbessere. Das SPR-220 sei kürzlich von der Zeitschrift Photon als das weltweit effizienteste Solarmodul bezeichnet worden. "Unsere Solarmodule bieten seit langem eine Leistung, welche die Effizienz anderer Produkte auf dem Markt bei weitem übertrifft", sagt SunPower-Vizepräsident und Marketingchef Peter Aschenbrenner. "Sie bieten höhere Wirkungsgrade und behalten die von unseren Kunden hoch geschätzten optischen Eigenschaften bei", ergänzt Aschenbrenner. Durch die Rückseitenkontakt-Solarzellen in den SunPower-Modulen seien sowohl bei bewölktem Himmel als auch bei hohen Umgebungstemperaturen bessere Solarerträge zu erzielen als mit vielen anderen Modulen.

Die neuen Module sind laut Hersteller bereits in den USA und in Europa erhältlich, sie ersetzen die Vorgängermodelle SPR-210, SPR-200 und SPR-90. Der Vertrieb in Europa erfolgt durch SunPower's Exklusivpartner SunTechnics.

11.04.2006 Quelle: SunPower Corporation © Heindl Server GmbH



http://www.solarserver.de/news/news-5228.html

[caesarius]

Habe einen Artikel gelesen, dass den amerikanischen Solarwerten ein ähnlicher Boom bevorsteht wie in Deutschland.
Wie schätzt ihr das Potenzial von Sunpower ein?
Gruß
caesarius

[tobilero]

hallo,

den bericht habe ich auch gelesen, stand in der wirtschftswoche!!

ich denke genau so, in Deutschland hält der Boom seit Herbst'05 an, in den USA wird der Boom diesen Sommer eintreten.
Die kommen an solar nicht vorbei!

Und ich sag nur wenn es dort richtig knallt, dann ist der Anstieg, welcher die Deutschen Werte schon hinter sich haben, in den USA erst der Ánfang, da die Nachfrage viel höher ist.

Meiner Meinung nach, ganz klar kaufen.

Außerdem ist SunPower mit einer MK von 270T, erst ein Drittel von Evergreen solar(MK,760T), daher für mich interessanter.
Außerdem noch weitgehend unentdeckt in Deutschland, wenn ich mir das Volumen so anschaue(das allerdings von Tag zu Tag zunimmt)

Und das von comdirect angegebene KGV von SunPower stimmt mit Sicherheit nicht.

Heute nochmal gute Kaufchance, da die amerikanischen Solarwerte schwächer starten heute, aber sich mit sicherheit noch steigern werden, ich tippe bei SunPower ein SK von über 40 US Dollar

Grüße

[cweb]

Muß ich die Fehlrechnung von tobilero überall korrigieren ? Sunpower ist zu knapp 80 % in Besitz von Cypress Semiconductor, die Marktkapital. beinhaltet nur den niedrigen Freefloat...

Ich kenn den Bericht nicht, aber ich wüsste nicht, warum US-Werte bzw. in China notierte US-Werte eine höhere Marktkapitalisierung verdient hätten, außer sie haben irgendeinen Technologievorsprung oder waren früher an der Börse oder sind größer. Wenn ich manches in den USA gelistete Unternehmen mit Solarworld vergleiche, dann stinkt die Marktkapitalisierung zum Himmel bzw. Solarworld ist hoffnungslos unterbewertet in Relation dazu.

[beamer007]

Kann mir hier jemand mitteilen, wo ich kurzfristig 66 Sunpower Module in de kaufen kann ??

[boulefan]

First Albany stuft SUNPOWER CORP. A auf Buy

Die Analysten von First Albany bewerten in ihrer Analyse vom Freitag, 21. April 2006 die Aktie von SunPower Corp. nach wie vor mit dem Rating "Buy". Das Kursziel für die Aktie liegt momentan bei 45 $.

[Snare]

Antwort auf Beitrag Nr.: 21.282.438 von boulefan am 22.04.06 12:26:33

Schön

[Snare]

Antwort auf Beitrag Nr.: 22.844.484 von Snare am 21.07.06 17:17:23

SunPower Swings To $5.4 Million 2Q Net, Raises 2007 Guidance


DOW JONES NEWSWIRES
SunPower Corp. (SPWR) said it swung to a second-quarter profit of $5.4 million, or 8 cents a share, from a loss of $6.3 million a year earlier.
Excluding amortization of intangible assets, stock-based compensation and related taxes, net income was $7.5 million or 11 cents a share compared to loss of $5 million before items.
Revenue rose to $54.7 million from $16.4 million a year earlier.
The company attributed the profit in the latest quarter to a move to thinner wafers that improve the San Jose, Calif., company's use of silicon.
The company expects third-quarter revenue between $60 million and $62 million and earnings per-share of 13 cents and 15 cents excluding one-time gains and losses.
The company expects 2006 revenue between $225 million and $230 million, up from previous guidance of more than $220 million.
The company expects 2007 revenue more than $360 million.
Analysts polled by Thomson First Call predict third-quarter earnings per share between 7 cents and 14 cents.
-Megha Rajagopalan; 201-938-5400; [e-mail]

Jeudi 20 juillet 2006 / 15h29

[Snare]

Antwort auf Beitrag Nr.: 22.863.326 von Snare am 22.07.06 09:36:40

[Snare]

Antwort auf Beitrag Nr.: 23.042.256 von Snare am 25.07.06 17:12:12

New Offerings Provide Choice in Design and Monitoring Capabilities

SAN JOSE, Calif., July 26 /PRNewswire-FirstCall/ -- SunPower Corporation (Nasdaq: SPWR - News), a Silicon Valley-based manufacturer of the world's highest- efficiency, commercially available solar cells and solar panels, today announced it has expanded its line of high-efficiency inverters, providing a choice in both design and monitoring capabilities. The new inverters and inverter monitors will be offered to the company's North American customers, as part of a complete, integrated solar system solution.
ADVERTISEMENT

SunPower's SPRx inverters include: SPR-3300x, SPR-3300x -- 208 and SPR- 4000x, with a maximum AC power output from 3,300 watts to 4,000 watts. These highly reliable inverters are compatible with the electrical specifications of each of the company's high-efficiency solar panels, resulting in maximum system energy production. They also feature a low installed cost and clean design, and carry SunPower's 10-year warranty as a standard feature. The inverters are developed and manufactured for SunPower by Xantrex, a world leading supplier of high-quality solar inverters and monitoring systems for residential and commercial markets.

Complementing the company's new line of inverters is SunPower's SPRx Inverter Monitor for use inside the home to keep track of the superior efficiency delivered by SunPower's solar systems. The monitor easily connects to the SPRx series inverters using standard off-the-shelf CAT 5 Ethernet cable, and features a graphical, backlit LCD screen to monitor a single or multi-inverter PV system in one convenient indoor location.

"We are pleased to improve our customers' experience by offering an easy way to track SunPower's superior performance with our SPRx Inverter Monitor," said Peter Aschenbrenner, vice president of marketing and sales for SunPower Corp. "Customers are proud of their high-efficiency, beautifully designed SunPower systems, and this monitoring system offers them a way to show their friends what's happening up on the roof."

SunPower's SPRx High Efficiency Inverters and SPRx Inverter Monitors are now available. All product information can be found on the company's web site at www.sunpowercorp.com.

[boulefan]

Solarzellen-Effizienz auf 22 Prozent gesteigert
SunPower: "Sichere Marktsituation durch US-Boom"


Solarzellen-Effizienz bereits bei 22 Prozent (sunpower.de)

Sun Jose (pte/16.10.2006/13:53) - Der US-Solarhersteller SunPower http://www.sunpower.de hat angekündigt, heute, Montag seine neueste Generation an Solarpanels vorzustellen. Diese werden im Rahmen der diesjährigen Solar Power Conference http://www.solarpowerconference.com in San Jose, Kalifornien, präsentiert und weisen bereits einen Wandlungswirkungsgrad von mindestens 22 Prozent auf. Beim Vorgänger, der A-300-Zelle wurde dieser Wert mit 20 Prozent angegeben. SunPower bezeichnet sich selbst als Rekordhalter des höchsten Wirkungsgrads aller serienmäßig produzierter Zellen. Auch produziere man mehr Strom pro Watt als viele andere Hersteller.

"Die Verbesserung des Wirkungsgrades der einzelnen Zellen ist sehr wichtig und naturgemäß ein ständiges Entwicklungsziel", meint Jörn Jürgens, Regional Manager Europe von SunPower, im Gespräch mit pressetext. Darüber hinaus werden auch die Moduleffizienz und die Leistungsfähigkeit ständig optimiert. Bei den neuen SunPower-Modulen wird das Unternehmen die Zahl der in Reihe geschalteten Solarzellen von 72 auf 96 aufstocken. Zusammen mit der Effizienzsteigerung der Einzelzellen rechnet das Unternehmen daher mit einer höheren Energieausbeute pro Modul von 43 Prozent, was eine Steigerung um rund 100 Watt auf 315 Watt pro Panel bedeutet.

Kalifornien gilt auch weiterhin als wichtigster Marktmotor und Vorreiter-Staat in den USA. "Zum einen sind die Leute dort umweltbewusster als im Rest der USA. Die extrem hohen Strompreise haben zudem das ihrige dazu beigetragen, dass Solarenergie dort jetzt einen derartigen Boom erlebt", erklärt Jürgens. Markttechnisch sei der derzeitige US-Boom naturgemäß ein Segen für die Industrie. So sei der europäische Markt zwar lange allein stark gewesen. Im Sinne einer sicheren Marktsituation sei das Wachstum des US-Marktes aber von enormer Wichtigkeit, so Jürgens. (Ende)

http://www.pressetext.at/pte.mc?pte=061016026

[Wellness69]

da ich sunpower für eine der vier bestaufgestellten solaraktien in der welt halte, lassen ich meine sunpower-aktien schön weiter im depot.

der extremrun, welche in den letzten jahren in deutschland war, kommt noch in den usa.

deutschalnd wird da nur ein bsp. sein, dass nur die besten aktien überleben werden. dies wird dann dazu führen, dass auch nur die besten us-aktien gefragt sein werden. wieweit sunpower "heimvorteil" bei der auftragsvergabe hat, kann ich nicht entscheiden, aber deren sehr gute produkte sind zumindestens hilfreich dabei, weil sunpower auf alle fälle bei staatlichen aufträgen (z.b. solarzellen für militär) bevorzugt werden.

[Wellness69]

der weg geht weiter hoch. top!


www.freizeittechnik.de

[DerStarlet]

Da ihr euch schon länger mit SunPower beschäftigt, wie siehts mit der Siliziumversorgung aus? Bin neu in diesem Thread.

[DonauPirat]

28.11.2006 14:10
SunPower Executives to Speak at Three Investor Events in December

SAN JOSE, Calif., Nov. 28 /PRNewswire-FirstCall/ -- SunPower Corporation (Nachrichten), a Silicon Valley-based manufacturer of the world's highest efficiency, commercially-available solar cells and solar panels, today announced that members of its executive staff will deliver presentations at three key investor conferences during the first two weeks of December.

On December 1st, SunPower's CEO, Tom Werner, will speak at the Credit Suisse Technology Conference at 10:00 a.m. Mountain Time. The event is being held at The Phoenician in Scottsdale, Ariz.

Manny Hernandez, SunPower's CFO, will deliver a presentation at the Lehman Brothers 2006 Global Technology Conference on December 5th at 4:30 p.m. Pacific Time in the Gold Room at the San Francisco Fairmont Hotel.

SunPower's President and CTO, Richard Swanson, will present at ThinkEquity's GreenTech Summit on December 7th at 10:15 a.m. Pacific Time at the St. Regis Hotel in San Francisco.

SunPower's executives will highlight the company's operational and financial successes to date. Each event will be broadcast live at http://investors.sunpowercorp.com/events.cfm during their respective times and will be archived for two weeks.

About SunPower

SunPower Corporation designs and manufactures high-efficiency silicon solar cells and solar panels based on an all-back contact cell design. SunPower's solar cells and panels generate up to 50 percent more power per unit area than conventional solar technologies and have a uniquely attractive, all-black appearance. For more information on SunPower or solar technology, please visit the SunPower website at http://www.sunpowercorp.com/. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. .

[Snare]

Antwort auf Beitrag Nr.: 25.768.494 von DonauPirat am 28.11.06 14:22:08

Q4 Zahlen von Sunpower sind da.Klasse.
Vielversprechend.

[Oettes]

!

Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an [e-mail]

[fitforfuture]

SunPower Tracker neigt sich zur Sonne
http://www.agrarheute.com/index.php?redid=159955

[GeneraI-Steam-Navigator]

Hallo,
ich interessiere mich für weitere US-Solartitel. Bin schon ziemlich heftig in Worldwater engagiert und überlege nun den Kauf von SunPower. Wie sieht hier die Entwicklung aus? Der Threat ist ja ziemlich verwaist (im Vergleich zu WWAT), wo finde ich gute Fakten? Bin dankbar für Hinweise!

[fitforfuture]

http://www.stock-world.de/detail/news_ac_analysen.m?secu=804…
http://www.finanznachrichten.de/nachrichten-aktien/sunpower-…
Schon älter, aber ein Argument:
http://www.pressetext.at/pte.mc?pte=061016026

http://www.fool.com/investing/high-growth/2007/04/23/beware-…

[GeneraI-Steam-Navigator]

Antwort auf Beitrag Nr.: 30.332.785 von fitforfuture am 26.06.07 19:46:51

Danke für die Links, sieht ganz gut aus. Warum ist ad soviel auf Deutsch?, suche eigentlich einen US-Wert. Trotzdem als kleine Depotbeimischung wohl nicht verkehrt.

[fitforfuture]

Sunpower ist ein US-Unternehmen, das in D
gut verkauft. Aber es gibt noch genug andere
US-Werte. Mir sind noch 8 weitere bekannt.
Genauso interessant sind inzwischen alle Biogas-Werte.

[Snare]

Powerlight stemmt 63 Megawatt in Spanien


27.06.2007: Das US-Unternehmen Powerlight Corp. berichtet, dass seine schweizerische Tochter derzeit Anlagen mit einer Gesamtleistung von 63 Megawatt in Spanien baue. Das dürfte etwa der Hälfte der insgesamt in diesem Jahr in Spanien installierten Photovoltaikleistung entsprechen.


© PowerLight Corp.

Powerlight hat seine einachsigen Nachführsysteme auch nach La Magasona geliefert, nahe der spanischen Stadt Caceres. Das Kraftwerk mit einer Leistung von 23 Megawatt soll im Oktober in Betrieb gehen.


Alle Anlagen sollen noch unter die alte spanische Einspeiseregelung fallen, die eine Vergütung von 44 Cent garantiert, sofern die Anlagen weniger als 100 Kilowatt leisten. Um das Limit zu umgehen, werden spanische Großanlagen üblicherweise in mehrere Einzelsysteme aufgeteilt, so auch die spanischen Projekte von Powerlight.
Drei große Freiflächenanlagen, die zusammen 17 Megawatt leisten werden, baut das Unternehmen für den Projektierer Solarpack Corporación Tecnológica S.L. Die schweizerische Niederlassung von Powerlight ist dabei für Installation und Wartung der schlüsselfertigen Anlagen zuständig. Es heißt, dass einachsige Nachführsysteme vom Typ Powertracker zum Einsatz kommen, auf die Module von drei oder vier Herstellern montiert werden. Darunter sollen sich auch Produkte der Sunpower Corp. befinden, der Muttergesellschaft von Powerlight.
Bei den Projekten handelt es sich um eine 4,8-Megawatt-Anlage in Llerena in der südwestlichen Provinz Badajoz sowie um eine 8,4-Megawatt-Anlage im andalusischen Isla Mayor und um eine 3,8-Megawatt-Anlage in Lebrija, das ebenfalls in Andalusien liegt. Alle Anlagen sollten in diesem Jahr fertiggestellt werden, sagt Marco Miller, der bei Powerlight für die europäischen Projekte verantwortlich ist.
Bei zwei weiteren Großprojekten liefert Powerlight lediglich die Nachführsysteme, nicht aber die Module. Es handelt sich dabei um zwei 23-Megawatt-Anlagen, die von Elecnor S.A. geplant wurden. Die Tracker sind zum einen für ein Kraftwerk in Jumilla bestimmt, das in der Nähe von Murcia im Südosten des Landes liegt. Zum anderen werden sie ebenfalls in die Provinz Cáceres nach Trujillo geliefert. Beide Anlagen sollen bis Oktober ans Netz gehen.

[Snare]

Antwort auf Beitrag Nr.: 30.318.485 von GeneraI-Steam-Navigator am 26.06.07 08:57:41

Powerlight stemmt 63 Megawatt in Spanien


27.06.2007: Das US-Unternehmen Powerlight Corp. berichtet, dass seine schweizerische Tochter derzeit Anlagen mit einer Gesamtleistung von 63 Megawatt in Spanien baue. Das dürfte etwa der Hälfte der insgesamt in diesem Jahr in Spanien installierten Photovoltaikleistung entsprechen.


© PowerLight Corp.

Powerlight hat seine einachsigen Nachführsysteme auch nach La Magasona geliefert, nahe der spanischen Stadt Caceres. Das Kraftwerk mit einer Leistung von 23 Megawatt soll im Oktober in Betrieb gehen.


Alle Anlagen sollen noch unter die alte spanische Einspeiseregelung fallen, die eine Vergütung von 44 Cent garantiert, sofern die Anlagen weniger als 100 Kilowatt leisten. Um das Limit zu umgehen, werden spanische Großanlagen üblicherweise in mehrere Einzelsysteme aufgeteilt, so auch die spanischen Projekte von Powerlight.
Drei große Freiflächenanlagen, die zusammen 17 Megawatt leisten werden, baut das Unternehmen für den Projektierer Solarpack Corporación Tecnológica S.L. Die schweizerische Niederlassung von Powerlight ist dabei für Installation und Wartung der schlüsselfertigen Anlagen zuständig. Es heißt, dass einachsige Nachführsysteme vom Typ Powertracker zum Einsatz kommen, auf die Module von drei oder vier Herstellern montiert werden. Darunter sollen sich auch Produkte der Sunpower Corp. befinden, der Muttergesellschaft von Powerlight.
Bei den Projekten handelt es sich um eine 4,8-Megawatt-Anlage in Llerena in der südwestlichen Provinz Badajoz sowie um eine 8,4-Megawatt-Anlage im andalusischen Isla Mayor und um eine 3,8-Megawatt-Anlage in Lebrija, das ebenfalls in Andalusien liegt. Alle Anlagen sollten in diesem Jahr fertiggestellt werden, sagt Marco Miller, der bei Powerlight für die europäischen Projekte verantwortlich ist.
Bei zwei weiteren Großprojekten liefert Powerlight lediglich die Nachführsysteme, nicht aber die Module. Es handelt sich dabei um zwei 23-Megawatt-Anlagen, die von Elecnor S.A. geplant wurden. Die Tracker sind zum einen für ein Kraftwerk in Jumilla bestimmt, das in der Nähe von Murcia im Südosten des Landes liegt. Zum anderen werden sie ebenfalls in die Provinz Cáceres nach Trujillo geliefert. Beide Anlagen sollen bis Oktober ans Netz gehen.

[Snare]

Antwort auf Beitrag Nr.: 30.341.662 von GeneraI-Steam-Navigator am 27.06.07 09:09:37

http://finance.google.com/finance?q=SPWR

halte Sunpower für einen der aussichtseichsten soliden US Werte im Solarbereich. Allerding schon recht hoch bewertet.


WWAT bin ich auch drin; muss aber noch beweisen das es in diesem Markt
solide wachsen und in die Gewinnzone kommen kann.

Ein deutsches Unternehmen startet gerade Kursmässig durch;
Aleo. Infos gibts im Aleo Trät. Ist auch demnächst mit Dünnschicht-
technologie am Start. Vielversprechend. Rechne mit 100% bis Mitte /
Ende nächsten Jahres.

[mlolo]

kursziel 2008:100$
kursziel 2009:169$

ohne splits

(persönliche meinung)

[Schreiberling]

Weiss jemand wie das Ziel in den nächsten 6 Monaten lautet,
bzw. was so geschätzt wird.
Stehe vor der Wahl ob First solar, Worldwater Solon oder Sunpower.
Wobei ich gerne etwas im amerikanischen Markt investieren wollte.

Danke für jede erstgemeinte Antwort

Schreiberling

[mlolo]

Antwort auf Beitrag Nr.: 30.595.258 von Schreiberling am 09.07.07 17:30:05

hey schreiberling....

hab dir auch bei first solar geantwortet!
habe alle drei werte! wwat ist eben ein wenig spekulativer...wobei natürlich die chancen auch größer sind! im wwat-thread brauchst du dir aber derzeit keine ernsthafte antwort zu erhoffen!

first solar ist natürlich heute der oberhamer!

ich würde mir eine kleine spekulative position bei wwat sichern und den rest auf sunpower und first solar aufteilen!

bei mir ist der großteil in wwat investiert.....das fände ich aber als anlagetipp unseriös!

nur meine bescheidene meinung!

[Schreiberling]

Antwort auf Beitrag Nr.: 30.596.200 von mlolo am 09.07.07 18:20:50

Danke

Schreiberling

[Langen63]

(RTTNews) - SunPower (SPWR) Receives IEC 61730 Safety Standards Certificate from TUV Rheinland Group.

[Langen63]

News:

SunPower Signs 10-Yr Silicon Supply Deal With Hemlock Semiconductor Corp. [SPWR]

7/18/2007 10:18:16 AM SunPower (SPWR) announced that it has entered into a 10-year silicon supply deal with Hemlock Semiconductor Corporation with deliveries beginning in 2010. The company expects the silicon supplied by this deal to support more than two gigawatts of solar cell production by it at planned silicon utilization rates over that period.

Tom Werner, SunPower CEO said, "Our new Hemlock agreement adds another long-term component to SunPower's silicon supply portfolio strategy as we expand our high-efficiency solar cell production. SunPower is seeking to achieve economies of scale that will contribute to our goal to reduce installed solar system costs by 50 percent between 2006 and 2012. We look forward to an extended relationship with Hemlock, the world's largest manufacturer of polysilicon."

[dicki31785]

Wo dann wollen wir mal gucken was die heute zu sagen haben!!!! Ich bin echt gespannt wie die Ergebnisse aussehen werden...schätze positiv da Sunpower die Erwartungen der Analysten die letzten 6 Quartale übertroffen hat!!!!! Also allen investierten viel erfolg!!

[Langen63]

Ich leg mal wieder was in diesen Thread, bevor alle eingeschlafen sind, auch wenn es ein paar Tage alt ist ... hört sich trotzdem gut an.....

New York - Die Analysten von Cowen & Co stufen die Aktie von SunPower unverändert mit "outperform" ein.

Nach Ansicht der Analysten sei SunPower eines der Unternehmen mit der besten Positionierung im Photovoltaik-Segment. Das Silizium-Portfolio sollte für Aufwärtspotenzial sorgen und das Risiko von Verzögerungen auf Seiten der Zulieferer vermindern. Die hohe Effizienz führe zu höheren durchschnittlichen Verkaufspreisen.

Das Systemgeschäft stelle eine weitere Wachstumssäule dar. Das Geschäft in Nordamerika bilde auf Grund der bevorstehenden gesetzlichen Normierungen den Schwerpunkt des Geschäfts.

Auf Sicht von zwölf Monaten sehe man bei der Aktie ein 40%iges Aufwärtspotenzial gegenüber dem Markt.

Vor diesem Hintergrund bewerten die Analysten von Cowen & Co die Aktie von SunPower weiterhin mit dem Votum "outperform".

[meinolf67]

CYPRESS Semiconductor ist die Mehrheits- und bestimmende Eignerin (>70% Anteil; >90% Stimmrechte) von Sunpower.

Sunpower ist im Moment mit ca. 3,9 Mrd. Euro bewertet, was auf einen Wert von mindestens 2,7 Mrd. für den CYPRESS-Anteil hindeuten würde.

Aktuelle Market Cap von CY ist ca. 3 Mrd. Euro, EK ca. 1,4 Mrd. Euro.

Die Stimmrechtsbevorteilung wurde gemacht, damit man im Bedarfsfall eine "Sunpower-Stock tax-free distribution" machen kann.

Sollte man im Auge behalten.

Zum Geschäft von CYPRESS selbst weiss ich noch nicht so viel, werde später posten, wenn ich was weiss.

Gruß
Meinolf

[meinolf67]

Antwort auf Beitrag Nr.: 31.628.943 von meinolf67 am 17.09.07 11:02:55

Thread: CYPRESS Semi - Mutter von Sunpower

[meinolf67]

SunPower Signs Solar America Initiative Agreement with U.S. Department of Energy

Company to Receive Approximately $24 Million Over Three Years to Advance Development of Solar Systems

SAN JOSE, Calif., Sept 17, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has been awarded a cost-shared, three-year cooperative agreement by the U.S. Department of Energy (DOE) for the \"Grid-Competitive Residential and Commercial Fully Automated PV Systems Technology\" Project. Under the cooperative agreement, SunPower is expected to receive $8,469,998 in federal funding through the completion of its first project budget period, which will be implemented through August 31, 2008. Upon successful completion of key project milestones and sustained execution of a viable business strategy, as much as $16,230,002 in additional funding will be made available for continued project implementation through June 30, 2010. The total potential funding from the DOE under the Solar American Initiative (SAI) is up to $24.7 million for this three-year project, subject to availability of funds appropriated by the U.S. Congress.

SunPower was selected to receive this award in March of this year and will use the funds to implement cost improvements across the value chain, including innovations in producing ingots, wafers, high-efficiency solar cells and panels, system design, and improved delivery and installation productivity. The company will work to reduce solar system costs through improvements in the design and manufacture of integrated solar-electric systems. This work will be conducted with a team of technology and institutional partners.

\"The Solar America Initiative provides support for SunPower\'s stated xobjective to reduce installed system cost 50 percent by the year 2012,\" said Terry Jester, SunPower\'s SAI principal investigator. \"Our research under this program will address inter-related product and service improvements across the entire PV value chain. We believe that this type of fully integrated approach to product development is a key to making solar power a truly mainstream energy option.\"

The SAI is focused on accelerating widespread commercialization of clean solar energy technologies by 2015 and will provide the U.S. additional electricity supply options while reducing dependence on fossil fuels and improving the environment. It aims to achieve market competitiveness for solar-electric power through government partnerships with industry, universities, national laboratories, states, and other public entities by funding new research and development activities.

[meinolf67]

Clean Power Systems Wins SunPower 'Intelegant Award for Excellence' in Residential Solar System Installation

SAN JOSE, Calif., Sept 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that Clean Power Systems of San Diego, a SunPower Premier Dealer, has won the SunPower "Intelegant" Award for excellence in residential solar electric power system installation. Clean Power Systems received the award for its installation of a 10.2-kilowatt SunPower solar system on the San Diego home of John and Carol Aguiar.

"Our solar system is generating more electricity than we expected, and we're realizing significant savings on our utility bills," said John Aguiar. "The quality of the work and the service we received from Clean Power Systems was excellent, and the all-black SunPower panels look great on our roof. I couldn't be more pleased."

SunPower Intelegant Awards recognize residential SunPower solar electric power system installations that exemplify SunPower's commitment to excellence in aesthetics, quality and performance. Award-winning installations are selected for the quality of the design and installation as well as homeowner satisfaction.

"Our goal is to offer high-quality, affordable solar power systems that help our customers save money while generating their own clean, renewable power," said Kirk Mulligan, president of Clean Power Systems. "SunPower provides a unique combination of highly efficient, aesthetically superior products. We are honored to receive this award."

About Clean Power Systems

Headquartered in San Diego Calif., Clean Power Systems, Inc. (CPS) is a full-service solar electric firm saving its clients thousands of dollars each year through the design, engineering, sales, installation, and service of solar electric systems through-out Southern California.

CPS provides turnkey solutions that are recognized for setting the standard in the marketplace for high-quality, fair-priced solar electric (photovoltaic or PV) systems. Our company focuses on four distinct market segments: Residential, Commercial, Agricultural, and Remote Power Applications.

[meinolf67]

SunPower Names Three Solar Industry Veterans to Its Management Team

SAN JOSE, Calif., Sept 24, 2007 /PRNewswire-FirstCall via COMTEX News Network/ --

SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that three solar industry veterans, Terry Jester, Ed Smeloff, and James Torpey were named to SunPower's management team.

Jester joins SunPower with more than 27 years of experience in the solar industry. She will lead the team managing SunPower's recently awarded U.S. Department of Energy Solar America Initiative contract, coordinating project execution, scheduling and reporting. Jester has an extensive background in crystalline silicon and thin-film solar cells, as well as experience across the solar value chain, including ingot growth, wafering, cell processing, module manufacturing, and solar product development. Previously, she was senior director of engineering and operations at SolarWorld, where she oversaw factory production and manufacturing. She also has held engineering and management positions at Shell Solar, Siemens Solar and Arco Solar, driving research and development for each of these organizations. Jester chairs the California State University, Northridge's College of Engineering and Computer Science Industrial Advisory Board. She is also a member of the National Center for Photovoltaics Advisory Board. She holds three patents and has been published in more than 50 publications on solar technology, manufacturing and safety.

Smeloff joins SunPower as senior manager, Utility Project Sales, and is responsible for developing large solar projects for electric utilities for SunPower's North American Systems division. His expertise includes more than 20 years in solar and energy efficiency project development, energy policy, and strategic planning and program management. Most recently, Smeloff was senior manager for project sales at Sharp Solar, where he successfully drove module sales for commercial projects. Previously, he was assistant general manager for power policy, planning and resource development at the San Francisco Public Utilities Commission, where was instrumental in developing the 670 kW SunPower solar electric system on the Moscone Convention Center rooftop. Smeloff began his power industry career as a member of the Sacramento Municipal Utility District Board of Directors, where he transitioned the agency into one of the nation's leading utilities in developing effective energy efficiency programs.

Torpey joins SunPower as its newly appointed director of market development. He brings two decades of power industry expertise to SunPower including extensive experience in solar and renewable energy certificate markets. In his market development role, Torpey will be responsible for working with public policy officials to grow solar markets in the eastern U.S. In addition, he will have responsibility for Sunpower's solar certificate trading activity in the same region. Most recently, he was president of Madison Energy Consultants (MEC), a firm that has helped develop supportive policy environments at the State and National levels to enable clean, distributed resources to become a significant factor in the U.S. energy supply. Prior to that, Torpey spent more than 20 years in the electric utility industry, serving in a number of management posts, where he led the development of solar independent power plants in California. He has served as the National Chairman of the Solar Electric Power Association, and the Policy Committee Chair for the Mid-Atlantic Solar Energy Industries Association.

"As we drive our business to scale, we are excited to draw exceptional talent and expertise from across the solar industry," said Tom Werner, chief executive officer of SunPower Corp. "Terry, Ed and Jim add tremendous depth to our management team and we welcome them to SunPower."

[meinolf67]

Macy's Launches 28-Store SunPower Solar Power Program in Westminster

Total of 15 Solar-Powered Stores Planned for Southern California

WESTMINSTER, Calif., Sep 28, 2007 (PrimeNewswire via COMTEX News Network) -- With a solar store dedication in Westminster today, Macy's is launching a program to install solar electric power systems at 28 California stores, including 15 in Southern California. SunPower Corporation (Nasdaq:SPWR), a Silicon Valley-based manufacturer of high-efficiency, solar cells, solar panels and solar systems, is partnering with Macy's to design and install the systems.

The Macy's store in Westminster is the first to receive a SunPower solar power system under the agreement. The 294-kilowatt system will generate approximately 586,000 kilowatt hours of solar electricity per year, offsetting more than 11 million pounds of carbon dioxide emissions over the 30-year lifetime of the system. This is equivalent to planting approximately 53 acres of trees or removing 37 cars from California's highways each year.

Macy's stores Moreno Valley and Thousand Oaks are next in line to receive the solar power systems, with completion expected on all three stores by the end of October. Additional Southern California locations scheduled to receive solar power systems include Downey, Fox Hills, Irvine, Montebello, Newport Beach, Puente Hills, Santa Anita, Santa Maria, Simi Valley and Temecula.

"The move to solar shows Macy's commitment to using cleaner technologies, and in doing so we will reduce our energy demand," says Macy's, Inc. Vice Chair Tom Cole. "We are proud to join the fight against greenhouse gas emissions in California because we believe a successful business is dependent on a healthy environment."

Through its 28-store partnership with SunPower, Macy's has committed to installing a total of 8.9-megawatts of solar power systems on its California stores. In addition, SunPower is assisting Macy's to improve the energy efficiency at the stores. Combining solar power with energy efficiency will allow Macy's to achieve an estimated 40 percent reduction in utility-provided energy, almost doubling the impact of the solar power alone. "By combining energy efficiency with solar power, Macy's is taking the extra step to cut our peak load demand," Cole said.

Energy efficiency upgrades will include high-efficiency lighting and HVAC systems and energy management systems.

The solar systems, combined with the energy efficiency upgrades, are expected to offset more than 24 million kilowatt hours of energy consumption annually. Macy's carbon footprint is estimated to be reduced by more than 195 million pounds of carbon dioxide emissions over the lifetime of the systems. This is the equivalent of removing 1,144 cars from California's highways each year.

For 17 of the 28 stores, Macy's will purchase solar-generated electricity under the SunPower Access(tm) program, a solar services agreement that allows the retailer to purchase just the electricity generated at its stores -- not the solar power systems. At the end of a 10-year term, Macy's will have the option to renew the agreement, transfer the equipment to a new site, or buy the system. Macy's will buy solar power systems for the remaining 11 stores, including the Westminster store, through an outright system purchase.

"SunPower Access is an easy, affordable way for forward-thinking companies to benefit from the use of clean, renewable solar power," said SunPower Chief Executive Officer Tom Werner. "With this move to combine energy efficiency upgrades with a very significant commitment to solar power, Macy's is wisely capturing the extra environmental benefits while also improving its financial returns."

About Macy's

Macy's, the largest retail brand of Macy's, Inc., delivers fashion and affordable luxury to customers at more than 800 locations in 45 states, the District of Columbia, Puerto Rico and Guam. Offering distinctive assortments including exclusive fashion and home brands, Macy's stores are operated by seven regionally based retail divisions -- Macy's East, Macy's Florida, Macy's Midwest, Macy's North, Macy's Northwest, Macy's South, and Macy's West -- and an online store at macys.com.

Macy's West is based in San Francisco and operates 193 stores in eight states. For additional media materials, please visit our online pressroom at www.macys.com/pressroom.

[meinolf67]

SunPower and Agilent Technologies to Install 1-Megawatt Solar System in Santa Rosa

Solar Parking Canopy Will Be Largest Solar Power Generator in Sonoma County

SAN JOSE and SANTA CLARA, Calif., Sept 28, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, and Agilent Technologies (NYSE: A) Inc. today announced that SunPower's System division will install a 1-megawatt solar tracking system at Agilent's Santa Rosa, Calif., campus. SunPower solar panels are being installed on top of a canopy structure in the campus parking lot, providing both shade in the lot and solar electric power for the facility.

SunPower's tracking solar system design will generate up to 25 percent more energy for Agilent than a similarly sized flat, roof-top system. As a result, Agilent's solar parking canopy will be the largest solar power generator in Sonoma County.

"As the world's premier measurement company, Agilent recognizes the path to a sustainable future includes protecting the environment and being a responsible corporate citizen," said Ron Nersesian, vice president of Agilent's Wireless Business Unit and general manager of the company's Santa Rosa facility. "We are working to reduce the impact of our operations, suppliers, products and services on the environment, and generating our own clean, renewable solar power is a step in the right direction to accomplish those important goals."

SunPower will install its SunPower Tracker, which follows the sun's movement throughout the day. Using SunPower solar panels, the highest efficiency panels on the market today, the system is expected to generate an estimated 1.8 million kilowatt-hours per year, offsetting more than 33 million pounds of carbon dioxide over the next 30 years. This is equivalent to planting more than 4,700 acres of trees or removing 3,300 cars from California's roadways.

Agilent will purchase solar-generated electricity for a period of 20 years under the SunPower Access program, a financing option that allows customers to purchase solar power under a highly flexible power-purchase contract as an alternative to outright system purchase. At the end of the term, Agilent will have the option to renew the agreement, transfer the equipment to a new site, or buy the system.

"Forward-thinking companies like Agilent are turning to solar power because it supports their environmental initiatives and makes good business sense," said Tom Werner, chief executive officer of SunPower. "We're very pleased to offer Agilent the highest efficiency solar technology on the market today to maximize both their environmental and financial savings."

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SunPower Builds 2-Megawatt Solar Power Plant on Korean Landfill

SEOUL, South Korea, Oct 02, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a manufacturer of high-efficiency solar cells, solar panels, and solar systems, today announced that it will work with Korean energy company EnE System to build a 2-megawatt solar electric power plant in Jeonju, a city in the Jeolla province of Korea. The plant, owned by Jeonju Solar Energy, is the first of its kind in Korea to be located on a landfill property.

"Locating the power plant on landfill demonstrates the environmental leadership taken by Jeonju Solar Energy and EnE System on this project," said Stanley S.K. Bae, SunPower's general manager in Korea. "The Jeonju solar power plant will help serve Korea's energy needs with a major source of clean, renewable solar power, generated on a site that may otherwise remain unused."

SunPower is installing its proprietary, single-axis solar tracking system at the 53,000-square-meter site. The SunPower Tracker tilts toward the sun as it moves across the sky, delivering up to 25 percent more energy than traditional fixed-tilt systems while reducing land-use requirements.

"We selected SunPower based on the company's experience with utility-scale power plant projects as well as the efficiency and proven reliability of SunPower's technology," said Sang Kug Moon, director of EnE System.

Jeonju Solar Energy utilized a low-cost financing program sponsored by the Korea Energy Management Corporation (KEMCO) to fund a portion of the project cost. Construction on the solar power plant in Jeonju is expected to be complete in January 2008.

SunPower has been active in Korea in helping to develop the solar market. Additional completed solar power plants include the 2.2-megawatt Mungyeong SP Solar Mountain and a 1-megawatt plant in Gwangju. SunPower has a multi-year polysilicon supply agreement with Korea's DC Chemical Co., Ltd., and is investing in a joint venture with Woongjin Coway to manufacture mono- crystalline silicon ingots, with polysilicon supplied primarily from DC Chemical.

This week, SunPower is showcasing its products and service offerings as an exhibitor (in booth C-52) at Korea Energy Show 2007, located at the COEX Convention and Exhibition Center in Seoul.

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AP
Chatroom: SunPower Co-Founder Swanson
Tuesday October 2, 8:46 am ET
By Lauren Tara Lacapra, AP Business Writer
SunPower Co-Founder and Chief Technical Officer Richard Swanson Says Cost Remains a Key Issue

NEW YORK (AP) -- SunPower Corp. co-founder Richard Swanson says that some call him an "old timer" in the solar industry.

When Swanson studied photovoltaics in the 1970s, developers envisioned large solar farms that would harness energy from the desert sun. Over time, the focus shifted to the consumer, with smaller systems for individual homes.

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Though prices have come down significantly since Swanson's college days, cost remains a key issue for companies seeking to bring solar into the mainstream.

An increasing number of U.S. homebuilders and homeowners are installing solar, driven by energy costs, government incentives and heightened awareness about the environment. However, it still costs tens of thousands of dollars to install a system, depending on size, power, location and incentives offered. A tight, expensive market for a key solar-panel component -- polysilicon -- has helped support prices.

Swanson co-founded SunPower in 1985, after receiving a PhD in electrical engineering. He helped mold SunPower into what Banc of America Securities analyst Eric Brown called one of the "highest quality (solar companies) in terms of technology, management, and execution."

Today, as SunPower's president and chief technical officer, Swanson is charged with reducing costs by creating panels that get more power out of less silicon.

What follows are edited excerpts from a recent Associated Press interview with Swanson.

Q: What would you say are the biggest technological challenges facing SunPower today?

A: Well, obviously everybody is focused on the raw material, polysilicon, as an important aspect of the whole thing. And I'm sure you've heard it is in short supply, and prices are inflated as a result. So we spend a lot of time working with our suppliers and partners in the polysilicon area and pushing to make our use of poly as low as possible.

Think of it in terms of how many grams of silicon it takes to make a watt of solar cells. We're focused on bringing that number down as much as possible, and we're now actually under 7 grams per watt. We're (making) the wafers thinner and thinner so as to use less and less of the expensive polysilicon.

Q: How have polysilicon issues affected your ability to develop new technology?

A: It's done several things. One is that it's constrained our growth to some degree. We can't grow any faster than we can get polysilicon, which of course is true for the entire industry. But it's actually had, I think, what in retrospect will turn out to be some good aspects. It's caused us to really focus on this issue of how many grams it takes per watt and not be sloppy in that area.

Q: Some have criticized solar developers for not using government incentives and tax credits toward research and development to create a breakthrough product that would be more mainstream. Can you comment on that?

A: I think it's a misnomer that somehow the industry needs a breakthrough. Clearly, lots of people are working on improving new types of cells, and those will come along and if they're lower cost they will thrive. But the industry does not need a breakthrough. It needs, I think, steady growth along the lines that it's had in the past. After all, we've had over 40 percent growth rates annually for some time.

Q: What's going on technologically to increase the amount of energy that the panels can harness and preserve when it's sunny?

A: Of course, the solar panels are never going to work at night, so there's nothing we can do about that. (But) you can be selling energy during the day when the sun is shining and buying it back from your utility company at night when the sun is not shining. So the fact that you don't get energy at night is not in and of itself a huge detriment. Utilities need the power most during the day, when everyone has their air conditioning loads on and all the factories are running and that sort of thing.

We hope and expect that storage technologies will improve to the point that you can actually store electricity during the day and then reclaim it at night when there's no sun. But that day is probably some time in the future and it really won't come to a head until our industry has a much larger penetration in the utility grid system than it has today.

Q: Do you think it would ever be possible to develop a solar panel system that would look just like a regular roof?

A: Not only is it possible, it already has happened. Through PowerLight (acquired by SunPower earlier this year), they had developed a solar roof top using our solar cells that's actually a shingle. It looks like a shingle and mounts like a shingle and replaces the shingle on the roof. Our cells are all black and don't have any electrical grids on the front so you don't have that glint off the front that makes it look like a PV panel.

So we actually have a product called SunTile that has been absolutely a smashing success. I've driven by these houses, and you wouldn't know what to look for, you really wouldn't notice it. It's a very small market today, but very rapidly growing.

Q: Do you have solar panels on your home?

A: Yeah, in fact I did. I recently sold my house and bought a new one, and we just put a new roof on it, and now we're gonna start installing panels. But the house I had before had a SunPower array on it and actually provided more energy than we used on an annual basis.

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4-Oct-2007

Entry into a Material Definitive Agreement


Item 1.01. Entry into a Material Definitive Agreement.

On October 1, 2007, SunPower Philippines Manufacturing Ltd. ("SPML"), a subsidiary of SunPower Corporation ("SunPower"), entered into a Joint Venture Agreement (the "JV Agreement") with First Philippine Electric Corporation to establish a new company named First Philec Solar Corporation (the "JV Company") to provide wafer slicing services in the Philippines. SunPower will have an indirect minority investment in the JV Company.

Concurrent with the execution of the JV Agreement and formation of the JV Company, SPML and the JV Company entered into a Wafering Supply and Sales Agreement (the "Wafering Agreement"). The Wafering Agreement provides the general terms and conditions pursuant to which SPML will deliver silicon ingots to the JV Company that will in turn slice and deliver silicon wafers to SPML. SPML expects to purchase an aggregate quantity of silicon wafers sufficient to support up to approximately 660 megawatts annually of solar cell manufacturing production based on SunPower's expected silicon utilization during the Wafering Agreement's five-year term, which is anticipated to begin in the second half of 2008 when the JV Company's proposed manufacturing capacity is expected to become operational.

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Tim Lewis Communities' Amberleigh Offers Energy-Efficient Homes With SunPower Solar-Power Systems

Homeowners Expected to Reduce Electric Bills by Up to 60 Percent

SACRAMENTO, Calif., Oct 11, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- This weekend, Sacramento-based homebuilder Tim Lewis Communities is opening Amberleigh at Madeira, a new community of energy-efficient, solar-powered homes in Elk Grove, Calif. The planned 61 homes will feature building-integrated solar-electric power systems from SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency, commercially available solar cells, solar panels and solar systems. Tim Lewis Communities expects that the solar power systems, combined with the energy-efficient features, will save homeowners up to 60 percent on their electric utility bills.

Each of the new homes will be equipped with a 2.3-kilowatt SunPower SunTile(R) system that blends seamlessly into the roof and features the most-efficient solar panels available on the market.

"Recent studies have indicated that new homes equipped with SunPower systems are selling at about twice the rate as comparable homes in the same neighborhoods," said Bill Kelly, general manager of the New Homes Division at SunPower. "Energy prices are increasing, and Tim Lewis Communities recognizes that combining high-quality, energy-efficient features with SunPower systems will result in significant savings for homeowners."

The homes at Amberleigh are California Green Builder(TM) certified, which means they have met strict energy and water efficiency standards that are verified by third-party inspectors. With prices starting in the mid-$400,000 range, they feature from three to six bedrooms and two to three-and-one-half bathrooms, with sizes ranging from 2,014 to 3,100 square feet. Some of the energy efficient features in the homes include:

-- Energy Star(R) rated appliances
-- Water conserving toilets, faucets and shower heads
-- Sherwin-Williams low VOC (volatile organic compound) paint
-- Weatherproof protection around all windows and polyseal protection
around exterior doors
-- Full exterior weather stripping
-- Water saving landscape design and irrigation controls
-- Insulated exterior stucco system
-- High efficiency air filtering for improved indoor air quality



"The unique homes at Amberleigh are the product of our commitment to green building and helping the environment," said Tim Lewis, president of Tim Lewis Communities. "Built standard with high energy efficiency features and designed with integrated solar roof tiles, Amberleigh homes will deliver substantial savings to homeowners on their energy bills, while helping save our environment."

At this community and one other in the area, the Sacramento Municipal Utility District (SMUD) is partnering with Tim Lewis Communities as part of the electric utility's SolarSmart program. As a partner, SMUD provides the builder with incentives that reduce the cost of the solar electric systems as well as rebates for energy efficiency upgrades. These rebates and incentives, along with attractive tax credits, make solar electric systems a more affordable feature for more homebuyers.

For complete information on Amberleigh at Madeira, please visit http://www.TimLewis.com.

About Tim Lewis Communities

Tim Lewis Communities is a Northern California tradition ... a Sacramento area homebuilder with more than 25 years of experience crafting homes of solid value and exceptional design for hundreds of satisfied homeowners. In September, J.D. Power and Associates announced that Tim Lewis Communities ranked highest in overall customer satisfaction and new home design with new home builders in the Sacramento market. Visit http://www.TimLewis.com for more information.

About SunPower

SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

About The Sacramento Municipal Utility District (SMUD)

As the nation's sixth largest publicly owned utility, SMUD has been providing low-cost, reliable electricity for more than 60 years to Sacramento County (and a small portion of Placer County). SMUD is a recognized industry leader and award winner for its innovative energy efficiency programs, renewable power technologies, and for its sustainable solutions for a healthier environment. For more information, visit http://www.smud.org.

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SunPower to Build 18-Megawatt Olivenza Solar Power Plant in Spain
Tuesday October 16, 8:00 am ET
SunPower's High-Performance SunPower T20 Tracker to Debut in Europe

MADRID, Spain, Oct. 16 /PRNewswire-FirstCall/ -- SunPower Corp. (Nasdaq: SPWR - News), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that its Spanish subsidiary will design and construct an 18-megawatt Olivenza solar electric power plant in the Badajoz region of Spain. Olivenza is expected to generate more than 32 million kilowatt-hours of power per year upon completion.

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SunPower will debut its proprietary SunPower® T20 Tracker solar tracking system in Europe at the 70-hectare site. The Tracker follows the sun as it moves across the sky, delivering up to 30 percent more energy than fixed-tilt systems while reducing installation cost per kilowatt.

"SunPower is proud to contribute to the rapid expansion of the Spanish solar market using our innovative, efficient solar energy technology," said Marco Antonio Northland, general manager of SunPower's European operations. "Our customers are demanding the highest energy delivery and fast construction schedules, requirements we can meet with our T20 Tracker. At Olivenza, we are using the SunPower Tracker to expedite deployment, maximize energy delivery, optimize land use and reduce related costs."

Olivenza is financed by a consortium of institutions, including AIG Financial Products Corp., a wholly-owned subsidiary of American International Group, Inc. and a principal investor in the energy and infrastructure sectors, and 360 CORPORATE, a Spanish principal investor in the energy and infrastructure sectors, as equity investors.

This project will expand SunPower's pioneering footprint in Spain to more than 100 megawatts under contract. Construction is expected to be complete in the spring of 2008.

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17.10.2007 14:12
SunPower Teams With RAcell and Danfoss to Power Largest Scandinavian Solar Installation

SAN JOSE, Calif., Oct. 17 /PRNewswire-FirstCall/ -- SunPower Corp. , a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that it has joined forces with RAcell Solar and Danfoss Solar Inverters to power the largest solar installation in Scandinavia. The 125-kilowatt system provides solar electric power to the New Danish National Radio and Television (DR) buildings in Copenhagen, Denmark.

"Denmark has always been a leader in innovative building designs that are both beautiful and functional," said Yakov Safir, managing director for RAcell Solar. "The partly transparent panels for the DR buildings not only generate electricity, but they also act as a sun shield, creating beautiful shadows that provide a unique, artistic effect."

The unique installation was designed by Copenhagen-based Dissing+Weitling Architects together with panel manufacturer and systems integrator RAcell Solar. SunPower's A-300 high-efficiency solar cells were used in the panels that cover 1200 square meters (about 13,000 square feet) of the building's roofline, and Danfoss Solar Inverters provided the 24 inverters for this project. The solar electric system powers the ground water pumps that cool the building and the technical equipment located in the television studios. By combining fresh air, ground water and solar energy, two-thirds of the cooling needed is now generated by renewable energy, which is expected to reduce the annual carbon emissions by 40 tons.

"By combining SunPower's high-efficiency solar cells with our high-efficiency inverters, we are maximizing solar-electric output," said Henrik Raunkjaer, managing director at Danfoss Solar Inverters. "The unique solar array and outstanding artistic design add an exceptional building to the Copenhagen skyline. We compliment the vision and cooperation between all companies involved with this project."

The solar panels are integrated on the rooftop above the main television news studio and form a type of striping effect that is visible from both inside the newsroom and from the street level outside. The panels offer different looks and colors depending on the viewing angle, and there are no visual wires or junction boxes as specified by the design criteria.

"We are pleased that SunPower was chosen to provide the solar cells for this architecturally attractive and historic building," said Joern Juergens, director, component sales for SunPower Corp. "With the limited roof space available, the use of SunPower's high-efficiency solar cells made it possible to meet all of the power requirements and design features."

About Danfoss Solar Inverters

Danfoss Solar Inverters is an innovative Danish company 100 percent owned by Danfoss Group. It develops, manufactures and sells advanced grid-connected inverters, including communication solutions. By applying world-class power

electronics technology and manufacturing processes in a unique product concept, it can offer competitiveness today and in the future.

About RAcell Solar

RAcell Solar is a Danish producer and integrator of advanced PV systems. In 1992 RAcell delivered its first modules for the harsh mountain climates in Greenland. Since then RAcell has focused on multifunctional architectural modules for BIPV (Building-Integrated Photovoltaic) applications. Today RAcell's advanced R&D program is developing new generations of both specialized solar modules and of new sources for silicon feedstock for high- efficiency cells. RAcell is supported by governmental Energinet.dk. For more information, visit http://www.racell.com/.

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SunPower Reports Third-Quarter 2007 Results

- Q3 2007 revenue of $234.3 million, up 258.6 percent year on year - 466-megawatt solar cell Fab 2 dedicated and production ramping on first two lines - Achieved 20.1 percent efficiency world record for mass produced solar panel - $24.7 million, three-year Solar American Initiative agreement signed with U.S. Department of Energy - Dedication of first of 28 Macy's solar electric systems in California - 18-megawatt Olivenza Spanish solar power plant order booked in October

SAN JOSE, Calif., Oct 18, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR) today announced financial results for the 2007 third quarter, which ended September 30, 2007. This press release contains both GAAP and non-GAAP financial information. Non-GAAP figures are reconciled to the closest GAAP equivalent figures on the final page of this press release.

Revenue for the 2007 third quarter was $234.3 million, up 34.9 percent from prior-quarter revenue of $173.8 million and up 258.6 percent from year ago third-quarter revenue of $65.3 million. The Components segment accounted for $76.6 million of third-quarter revenue, a 9.9 percent increase from the prior quarter revenue of $69.7 million. The Systems segment accounted for $157.7 million of third-quarter revenue, a 51.6 percent increase from prior- quarter revenue of $104.0 million. 2007 third-quarter revenue growth was primarily driven by continued strong demand for SunPower products and by faster-than-anticipated completion of certain projects in the Systems segment. For reporting purposes, the Systems segment generally represents products and services sold directly to the system owner, while the Components segment includes products sold to installers and resellers. Revenue associated with SunPower solar panels sold through the Systems segment is recorded in the Systems segment.

On a GAAP basis, SunPower reported total operating income of $6.8 million and diluted net income per share of $0.10. These figures include operating expenses for amortization of purchase accounting intangible assets of $6.9 million and non-cash, stock-based compensation of $13.4 million.

On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets, stock-based compensation and the related tax effects, SunPower reported total operating income of $27.0 million and diluted net income per share of $0.33. This compares with the prior quarter's total operating income of $22.0 million and $0.25 diluted net income per share.

Also on a non-GAAP basis, SunPower reported total gross margin for the 2007 third quarter of 20.4 percent, compared with total gross margin of 23.0 percent in the prior quarter. Third-quarter non-GAAP total gross margin was influenced by the higher mix of revenue in the Systems segment, which achieved gross margin of 18.7 percent, while the Components segment reported gross margin of 24.1 percent.

"SunPower delivered another quarter of strong financial performance," said Tom Werner, SunPower's CEO. "This was made possible by continued strong customer demand for our high-performance solar technology and excellent execution by both our Systems and Components business segments. The overall solar business environment continues to be characterized by rapid and dynamic growth, particularly with respect to the ongoing evolution of country-specific customer incentive programs. We believe that SunPower's broad value-chain footprint and global geographic reach provide a diversified business portfolio while enabling rapid access to and participation in a variety of promising new growth markets.

"During the quarter, SunPower signed a three-year Solar America Initiative (SAI) agreement with the U.S. Department of Energy, which is the solar industry's largest U.S. government research and development contract. Our business model allows us to directly effect cost reduction and process efficiency improvements across the entire value chain from ingot growing to wafering, solar cell and panel manufacturing, product design and customer delivery infrastructure. With this degree of vertical integration, we believe that SunPower is uniquely well positioned to leverage work under the SAI program to accelerate reduction in installed solar system costs.

"A core element of our cost reduction plan is achieving manufacturing scale. We are currently ramping production on the first two lines in Fab 2. We are confident that equipment design improvements will allow increased throughput on our Gen 2 cell lines beginning with Line 7, which we expect to begin ramping in the fourth quarter of 2007. In addition, our recently announced wafering joint venture will allow us to use space previously dedicated to wafering in Fab 2 for two more cell manufacturing lines. Combining these benefits, Fab 2 will have a total of 12 lines and a nameplate capacity of 466 megawatts, allowing SunPower to capture significant economies of scale as we continue to build out more production lines through 2009."

"Our Gen 2 solar cell technology is now in volume production and achieving median solar cell efficiencies above 22 percent," continued Werner. "During the third quarter, we were pleased to receive test results from Sandia National Laboratory confirming measurement of a SunPower production solar panel with a total-area solar panel efficiency of 20.1 percent. We believe that this is a world record for mass-produced solar panels, and the first time that a commercially available solar panel has breached the 20 percent efficiency barrier. Higher solar panel efficiency yields important benefits to our customers and our internal systems supply chain by reducing the amount of land, material and site work needed to install a given capacity solar system, and/or by enabling significantly higher capacity systems to be installed within given site constraints.

"We believe that combining our high-efficiency solar cell technology with thinner wafers will allow us to achieve powerful cost leverage by further reducing the silicon consumption required to produce a given energy production output. During the third quarter, we successfully processed sample lots of 145 micron thick wafers through our standard solar cell production lines. When implemented in production, this wafer thickness improvement has the potential to reduce SunPower's polysilicon consumption to less than 6 grams- per-watt in the future."

"We expect tight global polysilicon supply to ease for SunPower in 2008 as new polysilicon capacity comes on line," said Werner. "As our long-term silicon supply contracts go into effect over the next year, we expect SunPower's average silicon costs to improve compared to current short-term pricing. We are actively managing our silicon supply as new polysilicon producers begin production and we ramp Fab 2.

"SunPower is also actively engaged in setting up the supporting infrastructure to complement our growing portfolio of silicon agreements. We have recently entered into a series of agreements that illustrate the comprehensive approach that SunPower uses to manage the growth of our silicon supply over the near-term and long-term."

Agreements SunPower entered into in the third quarter include:

* Hemlock Semiconductor Corp.: Signed a 2-gigawatt, 10-year polysilicon
supply agreement under which SunPower will begin taking deliveries in
2010,

* Wacker Chemie AG: Expanded our relationship with a 53-megawatt,
three-year polysilicon supply agreement under which SunPower will begin
taking deliveries in 2010,

* NorSun AS: Signed agreements beginning in 2007 and extending through
2019 under which SunPower will deliver polysilicon to NorSun and
receive up to approximately two gigawatts of ingots and/or wafers,

* First Philec Solar: Signed an agreement with First Philippine Electric
Corp. to establish a new joint venture, named First Philec Solar Corp.,
which will perform wafer slicing services in the Philippines for
SunPower.


SunPower's Silicon Supply Agreement Position and Capacity Expansion Plan

2008 2009 2010
Beginning of Year,
Nameplate Capacity
(megawatts) 214 414 574
Annual Production Capacity
Supported by Silicon Agreements
to Date (megawatts) 250+ 430+ 600+
Annual Cash Required for
Silicon Prepayments in
Advance of Delivery
($ millions) $58.4 $48.8 $11.1



"SunPower's sales and marketing teams continue to build out a broadly diversified customer and application base in key markets around the world," continued Werner. "We are actively engaged in the residential, commercial and power-plant markets in North America, Europe and Asia."

Third-quarter highlights on the outbound side of SunPower's business included:

* Spain: Signed an agreement to design and construct an 18-megawatt solar
power plant in Olivenza where SunPower will use its T20 Tracker solar-
tracking system,

* United States: Expanded SunPower's residential/small commercial dealer
network to 125 dealers in 25 states with more than 400 installers
trained through the SunPower dealer training program,

* California: Announced large-scale solar systems using the SunPower
Access power purchase agreement program by AC Transit, Agilent
Technologies and the San Jose Tech Museum of Innovation, as well as the
dedication of the first of 28 Macy's solar systems,

* Nevada: Construction on schedule at the approximately 15-megawatt rated
solar power plant located at Nellis Air Force Base outside of Las
Vegas, Nev.,

* Korea: Announced agreement to construct the 2-megawatt Jeonju solar
power plant with EnE Systems,

* Homebuilders: Hugh Futrell Corp., Meritage Homes and Tim Lewis
Communities announced new solar home communities using SunPower solar
systems.


"Our strong revenue performance in the third quarter of 2007 reflected faster than anticipated completion of certain systems in our project pipeline," said Werner. "We reiterate our guidance for the fourth quarter and expect the following non-GAAP results: Revenue of $210 million to $220 million; total gross margin of 24 percent to 25 percent and diluted net income per share of $0.33 to $0.37. For the full year 2007, we expect to generate non-GAAP revenue of $760 million to $770 million and non-GAAP diluted net income per share of $1.20 to $1.24.(1)

"On a business segment basis, we expect the following non-GAAP results for the fourth quarter: Components segment revenue of $90 million to $95 million and gross margin of 25 percent to 26 percent; Systems segment revenue of $120 million to $125 million and gross margin of 23 percent to 24 percent. We expect the Components segment to benefit from the continued manufacturing ramp of our next-generation technology and the Systems segment to benefit from a favorable mix of balance of system sales during the quarter.(2)

"In 2008, we expect to achieve revenue of approximately $1.1 billion to $1.25 billion and a non-GAAP diluted net income per share of approximately $1.90 to $2.05, as we add five more solar cell manufacturing lines and respond to the expanding solar market across three continents." (3)

About SunPower

SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers high-performance solar- electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

(1) For the fourth quarter of 2007, we expect the following total company GAAP results: Revenue of $210 million to $220 million; gross margin of approximately 20 percent to 21 percent and diluted net income per share of $0.11 to $0.15. For the full year 2007, we expect the following total company GAAP results: Revenue of $759 million to $769 million and diluted net income per share of $0.17 to $0.21.

(2) For the fourth quarter of 2007, we expect the Systems business segment to generate GAAP gross margin of approximately 17 percent to 18 percent and the Components business segment to generate GAAP gross margin of approximately 22 percent to 23 percent.

(3) For the full year 2008, we expect the following total company GAAP results: Revenue of $1.1 billion to $1.25 billion and diluted net income per share of $0.85 to $1.00.

Forward-Looking Statements

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not represent historical facts. We use words such as "believe," "will," potential," "expect," "plan" and similar expressions to identify forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the company's plans and expectations regarding (a) SunPower's position to leverage work under the SAI program to accelerate reduction in installed solar system costs, (b) increased throughput on our Gen 2 cell lines and expected Line 7 ramping in the fourth quarter 2007, (c) our use of space previously dedicated to wafering in Fab 2 for two more cell manufacturing lines, (d) Fab 2's twelve lines and nameplate capacity of 466 megawatts, (e) our ability to capture significant economies of scale as we continue to build out more production lines through 2009, (f) our ability to achieve cost leverage by further reducing the silicon consumption required to produce a given energy production output, (g) our potential to reduce polysilicon consumption to less than 6 grams per watt in the future, (h) the easing of global polysilicon supply as new polysilicon capacity comes on line, (i) our average silicon costs to improve compared to current short-term pricing, (j) delivery volumes and schedules under our silicon agreements with Hemlock, Wacker, NorSun, and under our wafering services agreement with First Philec Solar, (k) our silicon supply position and production capacity expansion plan, (l) the use of our T20 Tracker solar tracking system in Olivenza (Spain), (m) expected consolidated non-GAAP and GAAP results, including revenue, gross margin, and diluted net income per share for the fourth quarter 2007, (n) consolidated non-GAAP and GAAP results, including revenue and diluted net income per share, for the full year 2007, (o) Components and Systems segment GAAP revenues and non-GAAP gross margins for the fourth quarter 2007, (p) the impact of the continued manufacturing ramp of our next generation technology and the favorable mix of balance of system sales during the fourth quarter, (q) revenue and GAAP and non-GAAP diluted net income per share for the full year 2008. These forward-looking statements are based on information available to us as of the date of this release and current expectations, forecasts and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond our control. In particular, risks and uncertainties that could cause actual results to differ include risks associated with (i) our ability to ramp new production lines; (ii) our ability to realize expected manufacturing efficiencies; (iii) our ability to reduce kerf loss and otherwise achieve anticipated reductions in polysilicon usage efficiency (iv) production difficulties that could arise; (v) the success of our ongoing research and development efforts; (vi) our ability to obtain adequate supply of polysilicon, ingots and wafers to manufacture our products and the price we pay for such materials; (vii) the price and availability of cells and solar panels; (viii) business and economic conditions and growth trends in the solar power industry; (ix) the continuation of governmental and related economic incentives promoting the use of solar power; (x) our ability to compete with other companies and competing technologies; (xi) the potential renegotiation of or non-performance by parties to our supply and customer contracts; (xii) unforeseen manufacturing equipment delays at our fabrication facilities and panel factories; (xiii) unanticipated problems with the T20 Tracker deployment on the project site; (xiv) unanticipated changes in the mix of balance of systems sales during the fourth quarter; and (xv) other risks described in our Quarterly Report on Form 10-Q for the quarter ended July 1, 2007, and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we are under no obligation to, and expressly disclaim any responsibility to, update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

Non-GAAP Measures

To supplement the consolidated financial results prepared under GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude items related to stock-based compensation, amortization of intangible assets, impairment of acquisition-related intangibles, fair value adjustments to deferred revenue, purchasing in-process research and development expenses, and their related tax effects. Management does not consider these charges in evaluating the core operational activities of SunPower. Management uses these non-GAAP measures internally to make strategic decisions, forecast future results and evaluate SunPower's current performance. Most analysts covering SunPower use the non-GAAP measures as well. Given management's use of these non-GAAP measures, SunPower believes these measures are important to investors in understanding SunPower's current and future operating results as seen through the eyes of management. In addition, management believes these non-GAAP measures are useful to investors in enabling them to better assess changes in SunPower's core business across different time periods. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data and may be different from non-GAAP measures used by other companies.

Fiscal Periods

The company operates on a fiscal calendar comprised of four thirteen-week quarters that end at midnight Pacific Time on the Sunday nearest the calendar quarter-end.

SunPower is a registered trademark of SunPower Corp. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.

SUNPOWER CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

(Unaudited)

Sept. 30, Dec. 31,
2007 2006

ASSETS

Cash and cash equivalents $395,881 $165,596
Restricted cash 40,499 -
Investments 58,570 16,496
Accounts receivable, net 82,794 51,680
Costs and estimated earnings in
excess of billings 79,410 -
Inventories 99,940 22,780
Deferred project costs 11,474 -
Prepaid expenses and other assets 70,888 23,288
Advances to suppliers 111,196 77,636
Property, plant and equipment, net 348,189 202,428
Goodwill and other intangible assets, net 237,921 16,932

Total assets $1,536,762 $576,836


LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable $102,841 $26,534
Accrued and other liabilities 77,533 21,540
Convertible debt 425,000 -
Billings in excess of costs and
estimated earnings 19,997 -
Customer advances 69,794 39,991

Total liabilities 695,165 88,065

Stockholders' equity 841,597 488,771

Total liabilities and
stockholders' equity $1,536,762 $576,836


SUNPOWER CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)

(Unaudited)

THREE MONTHS ENDED NINE MONTHS ENDED
Sept. 30, Jul. 1, Oct. 1, Sept. 30, Oct. 1,
2007 2007 2006 2007 2006

Revenue
Systems $157,734 $104,037 $- $340,266 $-
Components 76,600 69,729 65,348 210,181 162,001
234,334 173,766 65,348 550,447 162,001

Cost of systems revenue 135,111 91,518 - 289,095 -
Cost of components revenue 60,818 52,456 50,164 160,730 129,678
195,929 143,974 50,164 449,825 129,678

Gross margin 38,405 29,792 15,184 100,622 32,323

Operating expenses:
Research and development 3,902 2,821 2,536 9,659 7,120
Selling, general and
administrative 27,708 26,109 6,206 76,188 15,572
Purchased in-process
research and development - - - 9,575 -
Impairment of acquisition-
related intangibles - 14,068 - 14,068 -

Total operating
expenses 31,610 42,998 8,742 109,490 22,692

Operating income (loss) 6,795 (13,206) 6,442 (8,868) 9,631

Interest and other income,
net 3,032 594 3,958 4,765 6,851

Income (loss) before income
taxes 9,827 (12,612) 10,400 (4,103) 16,482

Income tax provision
(benefit) 1,396 (7,267) 832 (8,429) 1,275

Net income (loss) $8,431 $(5,345) $9,568 $4,326 $15,207

Net income (loss) per share:
- Basic $0.11 ($0.07) $0.14 $0.06 $0.24
- Diluted $0.10 ($0.07) $0.13 $0.05 $0.22

Shares used in calculation
of net income (loss) per
share:
- Basic 77,693 75,123 68,947 75,516 64,704
- Diluted 82,610 75,123 73,899 80,526 70,080


(In thousands, except per
share data)

THREE MONTHS ENDED NINE MONTHS ENDED

Sept. 30, Jul. 1, Oct. 1, Sept. 30, Oct. 1,
2007 2007 2006 2007 2006
(Presented on a GAAP Basis)

Gross margin 38,405 29,792 15,184 100,622 32,323
Operating income (loss) 6,795 (13,206) 6,442 (8,868) 9,631
Net income (loss) per share:
-Basic 0.11 (0.07) 0.14 0.06 0.24
-Diluted 0.10 (0.07) 0.13 0.05 0.22


THREE MONTHS ENDED NINE MONTHS ENDED
Sept.30, Jul. 1, Oct. 1, Sept. 30, Oct. 1,
2007 2007 2006 2007 2006
(Presented on a non-GAAP Basis)*

Gross margin 47,904 39,986 16,560 129,468 36,477
Operating income (loss) 27,017 22,041 8,775 74,522 16,863
Net income (loss) per share:
-Basic 0.35 0.26 0.18 0.93 0.35
-Diluted 0.33 0.25 0.16 0.87 0.32



About SunPower's Non-GAAP Financial Measures

To supplement its consolidated financial results presented in accordance with GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude non-cash items related to stock- based compensation expenses, amortization of intangibles, impairment of acquisition-related intangibles, fair value adjustments to deferred revenue, purchased in-process research and development expenses, and their related tax effects. The non-GAAP adjustments included herein are primarily the result of our acquisition of SunPower Corporation, Systems or SP Systems (formerly known as PowerLight Corporation) on January 10, 2007. The specific non-GAAP measures listed below are gross margin, operating income (loss) and net income (loss) per share. Management believes that each of these non-GAAP measures (gross margin, operating income (loss) and net income (loss) per share) are useful to investors by enabling them to better assess changes in each of these key elements of SunPower's results of operations across different reporting periods on a consistent basis, independent of these non-cash items. Thus, each of these non-GAAP financial measures provides investors with another method for assessing SunPower's operating results in a manner that is focused on its ongoing core operating performance, absent the effects of purchase accounting and stock-based compensation charges. Management also uses these non-GAAP measures internally to assess the business and financial performance of current and historical results, for strategic decision making, forecasting future results and evaluating the Company's current performance. Many of the analysts covering SunPower also use these non-GAAP measures in their analyses. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data, the non-GAAP results should be reviewed together with the GAAP results and are not intended to serve as a substitute for results under GAAP, and may be different from non-GAAP measures used by other companies.

* Non-GAAP gross margin. The use of this non-GAAP financial measure
allows management to evaluate the gross margin of the Company's core
businesses and trends across different reporting periods on a
consistent basis, independent of non-cash items including stock-based
compensation expenses, amortization of intangibles and fair value
adjustments to deferred revenue. In addition, it is an important
component of management's internal performance measurement process as
it is used to assess the current and historical financial results of
the business, for strategic decision making, preparing budgets and
forecasting future results. Management presents this non-GAAP financial
measure to enable investors and analysts to evaluate our revenue
generation performance relative to the direct costs of revenue of
SunPower's core businesses.

* Non-GAAP operating income (loss). The use of this non-GAAP financial
measure allows management to evaluate the operating results of the
Company's core businesses and trends across different reporting periods
on a consistent basis, independent of non-cash items including stock-
based compensation expenses, amortization of intangibles, impairment of
acquisition-related intangibles, and all other purchase accounting
charges. In addition, it is an important component of management's
internal performance measurement process as it is used to assess the
current and historical financial results of the business, for strategic
decision making, preparing budgets and forecasting future results.
Management presents this non-GAAP financial measure to enable investors
and analysts to understand the results of operations of the Company's
core businesses and to compare our results of operations on a more
consistent basis against that of other companies in our industry.

* Non-GAAP net income (loss) per share. Management presents this non-GAAP
financial measure to enable investors and analysts to assess the
Company's operating results and trends across different reporting
periods on a consistent basis, independent of non-cash items including
stock-based compensation expenses, amortization of intangibles,
impairment of acquisition-related intangibles, all other purchase
accounting charges and the tax effects of these non-GAAP adjustments.
In addition, investors and analysts can compare the Company's operating
results on a more consistent basis against that of other companies in
our industry.

Non-Cash Items

* Stock-based compensation. Stock-based compensation relates primarily to
SunPower stock awards such as stock options and restricted stock.
Stock-based compensation is a non-cash expense that varies in amount
from period to period and is dependent on market forces that are
difficult to predict. As a result of this unpredictability, management
excludes this item from its internal operating forecasts and models.
Management believes that non-GAAP measures adjusted for stock-based
compensation provide investors with a basis to measure the company's
core performance against the performance of other companies without the
variability created by stock-based compensation.

* Amortization of intangibles. SunPower incurs amortization of
intangibles as a result of Cypress acquiring the Company in November
2004, in which Cypress' cost of purchased technology, patents,
trademarks and a distribution agreement is reflected in our financial
statements. In addition, SunPower incurs amortization of intangibles as
a result of our acquisition of SP Systems, which includes purchased
technology such as existing technology, patents, brand names and
trademarks. SunPower excludes these items because these expenses are
not reflective of ongoing operating results in the period incurred.
These amounts arise from prior acquisitions and have no direct
correlation to the operation of SunPower's core businesses.

* Impairment of acquisition-related intangibles. SunPower incurred an
impairment of acquisition-related intangibles in June 2007, which
relates to the net book value of the PowerLight tradename being written
off in its entirety as a result of the change in branding strategy.
SunPower excluded this item because the expense is not reflective of
its core operating performance after completion of its acquisition of
SP Systems. Excluding this data provides investors with a basis to
compare the company's performance against the performance of other
companies without non-cash expenses such as impairment of acquisition-
related intangibles.

* Purchase accounting charges. Purchase accounting charges as a result of
the acquisition of SP Systems include: (1) amortization of intangibles,
which includes purchased technology related to acquisitions such as
existing technology, patents, brand names and trademarks; (2) fair
value adjustments to deferred revenue, which is an acquisition-related
adjustment that results in certain revenues never being recognized
under GAAP by either the acquiring company or the company being
acquired and (3) purchased in-process research and development
expenses, which relates to projects in process as of the acquisition
date that have not reached technological feasibility and are
immediately expensed. These acquisition-related charges are not
factored into management's evaluation of potential acquisitions or its
performance after completion of acquisitions, because they are not
related to our core operating performance, and the frequency and amount
of such charges can vary significantly based on the size and timing of
acquisitions and the maturities of the businesses being acquired.
Excluding this data provides investors with a basis to compare
SunPower's performance against the performance of other companies
without the variability caused by purchase accounting.

* Tax effect. This amount is used to present each of the amounts
described above on an after-tax basis with the presentation of non-GAAP
net income (loss) per share.


For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of GAAP results of operations measures to non-GAAP measures" set forth at the end of this release and which should be read together with the preceding financial statements prepared in accordance with GAAP.


SUNPOWER CORPORATION
RECONCILIATIONS OF GAAP MEASURES TO NON-GAAP MEASURES
(Unaudited)
(In thousands, except per share data)


STATEMENT OF OPERATIONS DATA:
THREE MONTHS ENDED NINE MONTHS ENDED
Sept. 30, Jul. 1, Oct. 1, Sept. 30, Oct. 1,
2007 2007 2006 2007 2006

GAAP gross margin $38,405 $29,792 $15,184 $100,622 $32,323
Fair value adjustment to
deferred revenue - 309 - 1,142 -
Amortization of
intangible assets 5,911 6,687 1,176 18,668 3,526
Stock-based compensation
expense 3,588 3,198 200 9,036 628
Non-GAAP gross margin $47,904 $39,986 $16,560 $129,468 $36,477

GAAP operating income
(loss) $6,795 $(13,206) $6,442 $(8,868) $9,631
Fair value adjustment to
deferred revenue - 309 - 1,142 -
Amortization of
intangible assets 6,858 7,640 1,176 21,408 3,526
Stock-based compensation
expense 13,364 13,230 1,157 37,197 3,706
Purchased in-process
research and development - - - 9,575 -
Impairment of acquisition-
related intangibles - 14,068 - 14,068 -
Non-GAAP operating income $27,017 $22,041 $8,775 $74,522 $16,863


NET INCOME PER SHARE:

THREE MONTHS ENDED NINE MONTHS ENDED

Sept.30, Jul. 1, Oct. 1, Sept. 30, Oct. 1,
2007 2007 2006 2007 2006

Basic:
GAAP net income (loss) per share $0.11 ($0.07) $0.14 $0.06 $0.24
Reconciling items:
Stock-based compensation expense 0.17 0.18 0.02 0.49 0.06
Purchase accounting:
Fair value adjustment to
deferred revenue - - - 0.02 -
Amortization of intangible
assets 0.09 0.10 0.02 0.28 0.05
Purchased in-process research
and development - - - 0.13 -
Impairment of acquisition-related
intangibles - 0.18 - 0.19 -
Tax effect (0.02) (0.13) - (0.24) -

Non-GAAP net income per share $0.35 $0.26 $0.18 $0.93 $0.35

Diluted:
GAAP net income (loss) per share $0.10 ($0.07) $0.13 $0.05 $0.22
Reconciling items:
Stock-based compensation expenses 0.16 0.17 0.01 0.46 0.05
Purchase accounting:
Fair value adjustment to
deferred revenue - - - 0.01 -
Amortization of intangible
assets 0.09 0.10 0.02 0.27 0.05
Purchased in-process research
and development - - - 0.12 -
Impairment of acquisition-related
intangibles - 0.18 - 0.17 -
Tax effect (0.02) (0.13) - (0.21) -

Non-GAAP net income per share $0.33 $0.25 $0.16 $0.87 $0.32

Shares used in calculation of
GAAP net income (loss) per
share:
- Basic 77,693 75,123 68,947 75,516 64,704
- Diluted 82,610 75,123 73,899 80,526 70,080

Shares used in calculation of
non-GAAP net income per share:
-Basic 77,693 75,123 68,947 75,516 64,704
-Diluted 82,610 79,843 73,899 80,526 70,080


The following supplemental data represents the individual charges and
credits that are excluded from SunPower's non-GAAP financial measures for each
period presented in the Condensed Consolidated Statements of Operations
contained herein.


SUPPLEMENTAL DATA
(In thousands)

THREE MONTHS ENDED

September 30, 2007

Selling, Other
general Acqui- Income
Research and sition tax
Gross Margin and adminis- Related provision
Systems Components development trative Charges (benefit)

Amortization
of
intangible
assets $4,788 $1,123 $- $947 $- $-
Stock-based
compensation
expense 2,049 1,539 404 9,372 - -
Tax effect - - - - - (1,786)
$6,837 $2,662 $404 $10,319 $- $(1,786)


July 1, 2007

Selling, Other
general Acqui- Income
Research and sition tax
Gross Margin and adminis- Related provision
Systems Components development trative Charges (benefit)

Fair value
adjustment
to
deferred
revenue $309 $- $- $- $- $-
Amortization
of
intangible
assets 5,564 1,123 - 953 - -
Stock-based
compensation
expense 2,189 1,009 348 9,684 - -
Impairment
of
acquisition-
related
intangibles - - - - 14,068 -
Tax effect - - - - - (10,091)
$8,062 $2,132 $348 $10,637 $14,068 $(10,091)


October 1, 2006

Selling, Other
general Acqui- Income
Research and sition tax
Gross Margin and adminis- Related provision
Systems Components development trative Charges (benefit)

Amortization
of
intangible
assets $- $1,176 $- $- $- $-
Stock-based
compensation
expense - 200 336 621 - -
Tax effect - - - - - 195
$- $1,376 $336 $621 $- $195


NINE MONTHS ENDED

September 30, 2007

Selling, Other
general Acqui- Income
Research and sition tax
Gross Margin and adminis- Related provision
Systems Components development trative Charges (benefit)

Fair value
adjustment
to deferred
revenue $1,142 $- $- $- $- $-
Amortization
of
intangible
assets 15,298 3,370 - 2,740 - -
Stock-based
compensation
expense 6,235 2,801 1,253 26,908 - -
Purchased
in-process
research
and
development - - - - 9,575 -
Impairment of
acquisition
-related
intangibles - - - - 14,068 -
Tax effect - - - - - (17,761)
$22,675 $6,171 $1,253 $29,648 $23,643 $(17,761)


October 1, 2006

Selling, Other
general Acqui- Income
Research and sition tax
Gross Margin and adminis- Related provision
Systems Components development trative Charges (benefit)

Amortization
of
intangible
assets $- $3,526 $- $- $- $-
Stock-based
compensation
expense - 628 1,019 2,059 - -
Tax effect - - - - - 33
$- $4,154 $1,019 $2,059 $- $33



SOURCE SunPower Corporation

[Hoerschwelle]

Jetzt könnte eine ernstzunehmende Korrektur einsetzen!

SunPower net income falls 12%
By Steve Gelsi
Last Update: 8:11 AM ET Oct 18, 2007
Print Subscribe to RSS Disable Live Quotes
NEW YORK (MarketWatch) -- SunPower Corp. (SPWR:, , ) on Thursday said
third-quarter net income fell 12% to $8.43 million, or 10 cents a share, from $9.57 million or 13 cents a share in the year-ago period. Revenue rose sharply to $234 million from $65.3 million in the year-ago period. Analysts surveyed by Thomson Financial forecast earnings of 28 cents a share and revenue of $209.7 million, on average. The San Jose, Calif. photovoltaic firm expects 2008 revenue of $1.1 billion to $1.25 billion and a non-GAAP diluted net income per share of approximately $1.90 to $2.05 a share, compared to the Wall Street target of $1.98 a share


http://www.finanznachrichten.de/ext/goto.asp?id=9254027

[meinolf67]

Antwort auf Beitrag Nr.: 32.064.983 von Hoerschwelle am 18.10.07 14:29:50

Man muss sich mal reinziehen, wie groß die Differenz zwischen GAAP und non-GAAP bei den Amis ist:

1,90-2,05 zu 0,85-1,00 (pro Aktie, für 2008)

Irgendwie ist es dort Standard, die Eigenkapitalgeber zugunsten des Managments zu enteignen. Stinkt mir.

[Hoerschwelle]

Antwort auf Beitrag Nr.: 32.065.394 von meinolf67 am 18.10.07 14:53:28

Scheibe, muss in USA handeln. Ich werd mal lieber raus gehen. Wie gut das ich schon steuerfrei bin

[Hoerschwelle]

Antwort auf Beitrag Nr.: 32.065.394 von meinolf67 am 18.10.07 14:53:28

Schichte um in Cypress

[meinolf67]

CC läuft.

Sieht nicht nach Korrektur aus.


Gross margin war schlecht w-Nellis

[meinolf67]

Kurze Zusammenfassung:

Produktion in Q2+Q3: 24,5 MW
erwartete Produktion in Q4: 32 MW

Anteil spot an SI: <5%

man erwartet einen Chinese-SI-IPO in den nächsten 6 Monaten...

Nellis hat 39% des Systems Umsatzes in Q3 ausgemacht.

Japan hat den niedrigsten ASP weltweit

<10% gehen nach Deutschland

man hofft auf Us-Gesetz noch in 2007 (everyone on the hill is trying really hard...)

40% plants/30% commercial/ 30% residentail (davon 3-5% new homes)

man erwartet m.setek und dcchem in 2008 bei 3.000 mt

insgesamt extrem selbstbewußt, man glaubt mit high-eeficiency auf dem richtigen weg zu sein, integriert hilft bei product-design,...

größtes einzelrisiko mE: SI rampt nicht nach plan


Bewertung: habe ich für mich noch nie gerechnet
share-dilution: monstermäßig

[meinolf67]

PS: behalte meine 100 Stk. (zuerst 3, im Feb nochmal 97 nachgekauft)

wer die anderen Threads liest, erkennt eine Gewichtung...

[meinolf67]

Kurs aktuell plus 6%....

[Hoerschwelle]

Antwort auf Beitrag Nr.: 32.072.772 von meinolf67 am 18.10.07 21:08:55

Hehe, meine Umschichtung hat auch knapp 6%, wieder nur Geld der Bank gegeben

[meinolf67]

Hier gibt es ein Trnaskript des Calls:

http://seekingalpha.com/article/50517-sunpower-q3-2007-earni…

[meinolf67]

SunPower Margins Fall; Income Beats Expectations
Shareholders are bullish on the company's third-quarter earnings, which kick off the solar earnings season.
by: Jennifer Kho
Bullet Arrow October 18, 2007

SunPower Corp. (NSDQ: SPWR) kicked off the solar earnings season with a bang Wednesday, reporting higher-than-expected income but lower-than-expected margins in the third quarter.
Advertisement

The company's gross margin fell to 20.4 percent, compared with a margin of 23 percent in the second quarter and an analyst expectation of 21.3 percent, according to a Thomson Financial poll.

SunPower said the drop was due to the shortage of solar-grade silicon, which raised costs for systems and components to $195.9 million from $50.2 million in the year-ago quarter. A higher portion of revenue also came from systems integration, a lower-margin part of the business compared with the sale of solar components, SunPower said.

The company's net income fell 12.5 percent to $8.4 million, or 10 cents per share, in the third quarter, compared to $9.6 million, or 13 cents per share, in the same quarter last year.

But its operating income grew to $27 million, or 33 cents per share, from $12 million, or 16 cents per share, in the year-ago quarter. And that beat Wall Street expectations of 28 cents per share, according to Thomson Financial.

SunPower's revenue also beat expectations. The company posted third-quarter revenue of $234.3 million, up 34.9 percent from second-quarter revenue of $173.8 million and more than triple the $65.3-million posting from the second quarter of 2006.

And the company said it expected things to look up next quarter. SunPower said its fourth-quarter margins would increase to between 23 and 24 percent for its systems segment and to between 25 and 26 percent for its components segment.

Shareholders were clearly bullish on the news.

After an initial drop of 4.8 percent to $85.50 per share, SunPower's share prices rose to close at $97.01 per share, almost 8 percent higher than Tuesday's closing price.

Sanjay Shrestha, management director and senior analyst at Lazard Capital Markets, called the results "pretty good."

"The stock, quite frankly, shouldn't have gone up 7 percent, but with the guidance they're giving, nobody wants to sell it right now," he said.

Shrestha said the price hike shows shareholders are willing to forgive short-term issues when they expect great things to follow.

In a conference call, SunPower said it would expand capacity and reduce the thickness of its wafers, and also said it expected to have more silicon starting next year. It also said its average selling price remains strong and should remain healthy until at least the beginning of next year, Shrestha said.

He said while the lower margins clearly reflect tight silicon supplies, he doesn't expect those margins to be reflected across the industry.

"SunPower's margins were impacted because of issues that are more SunPower-related than industry-related," he said.

Still, Travis Bradford, president of the Prometheus Institute, a Greentech Media Research partner, said he doesn't think margin compression is a good thing.

And Rob Day, a principal at venture-capital firm @Ventures and the writer of Greentech Media's Cleantech Investing blog, said the SunPower margin is another reminder the importance of access to good silicon supplies.

SunPower requires "super-high-purity" silicon, making it particularly vulnerable, Day said.

"If anybody's going to get hit as there are shortages in the market, it's going to be them," he said. "This is a confirmation of the effects of the silicon shortage that the industry is going through right now."

[meinolf67]

SunPower's Solar Panels Power the Winning Team at the Third Solar Decathlon in Wash., D.C.

Technische Universitat Darmstadt of Germany Takes Top Honors

SAN JOSE, Calif., Oct 22, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that the team of students from Technische Universitat Darmstadt of Germany has won the 2007 Solar Decathlon, by building a house powered by SunPower's high-efficiency solar panels. This marks the second consecutive Solar Decathlon where SunPower's solar panels were used by the competition's winning team. SunPower solar panels also powered the Decathlon's third place winner, Santa Clara University from Calif.

The 2007 Solar Decathlon, sponsored by the U.S. Department of Energy (DOE), was held October 12th through October 19th on the National Mall in Washington, D.C. Twenty teams of college and university students from the United States and Puerto Rico, Canada, Spain, and Germany competed this month to design, build and operate the most attractive, effective and energy-efficient solar-powered homes.

SunPower's industry-leading, high-efficiency silicon solar panels were used by nine of the 20 competing teams for this year's competition, including Carnegie Mellon, Georgia Institute of Technology, Massachusetts Institute of Technology, New York Institute of Technology, Santa Clara University, Technische Universitat Darmstadt, the University of Cincinnati, the University of Colorado, and the Universidad de Puerto Rico. Additionally, SunPower panels powered five of the seven homes that scored a perfect 100 points in the Energy Balance contest, which requires teams to use only energy generated by the solar electric systems during the competition.

"SunPower congratulates all the participating schools for their design and engineering innovation," said Tom Werner, CEO of SunPower Corp. "The DOE's leadership in the 2007 Solar Decathlon, as well as the Solar America Initiative, has established a credible path for solar to become a substantial portion of new power capacity in the U.S. within the decade."

"How appropriate that teams from two of the biggest solar markets in the world, Germany and California, took first and third place using SunPower's high-efficiency solar panels," continued Werner. "This month's Solar Decathlon has come at a very important time, as Congress works to complete an energy bill with key provisions that could expand solar energy across the U.S. By following the leadership of Germany and California, Congress could extend and expand the federal solar investment tax credit to potentially accelerate adoption of solar power -- a domestic, renewable and reliable energy resource."

[meinolf67]

SunPower Names Brad Davis as Chief Marketing Officer

Aschenbrenner Appointed Vice President, Corporate Strategy

SAN JOSE, Calif., Oct 22, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that marketing and brand veteran Brad Davis has been appointed SunPower's chief marketing officer (CMO). In this newly created CMO position, he is responsible for driving SunPower's overall brand and communications strategies.

Davis joins SunPower with more than 20 years of experience building high-growth brands and award-winning communication strategies. He spent 12 years in traditional retail marketing (Dayton Hudson Corporation) before transferring his experience to help construct one of the nation's most recognized financial services brands as Executive Vice President and CMO for Washington Mutual. As CMO, Davis was a driving force behind Washington Mutual's rapid expansion from $30 billion to over $300 billion dollars in assets.

Davis has received numerous industry accolades including the "Marketing 50," Advertising Age's annual assessment of the best decision makers and most influential thought leaders in the business (2001). In 2002, Davis was featured on the cover of Brandweek magazine for his leadership in helping reconstruct the billion dollar consumer banking ad sector. In 2004 he was inducted into the Retail Advertising Hall of Fame in Chicago. He served as Chairman of the Board of the Retail Advertising and Marketing Association from 2004 to 2006. Davis has been a featured speaker with some of the leading consumer brands in Europe and Asia Pacific. He serves on the executive committee of the Seattle Art Museum.

"We are extremely pleased that Brad has agreed to join SunPower as we continue to build the industry's leading solar brand," said Tom Werner SunPower CEO. "Brad has a proven track record and we're looking forward to his leadership as a member of our executive team."

"I am also pleased to announce that Peter Aschenbrenner will be assuming a new role as vice president, corporate strategy," continued Werner. "In this position Peter will have responsibility for strategy, business development, and management of SunPower's product portfolio. Peter has been the primary architect of SunPower's strategy since 2003, and with three decades of solar industry experience he is uniquely qualified to help us capitalize on emerging global opportunities."

[meinolf67]

Shiseido Puts Best Face Forward with Solar Power

Cosmetics Manufacturer Expects to Reduce Electricity Costs by More Than 40 Percent with SunPower Solar-Power System

EAST WINDSOR, N.J., Oct 23, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Shiseido America Inc. and SunPower Corporation (Nasdaq: SPWR), a manufacturer of high-efficiency solar cells, solar panels and solar systems, are today dedicating a 699-kilowatt solar-electric power system installed by SunPower on the roof of Shiseido's East Windsor, N.J. facility. The project is one of the largest single-roof solar power installations in New Jersey.

In addition to the solar-power system, SunPower also assisted Shiseido in implementing energy-efficient lighting upgrades at the facility. Shiseido estimates that by combining improved energy efficiency with solar power, the company will reduce its electric utility costs by greater than 40 percent, or more than $100,000 per year.

"As a company that promotes environmentally conscious practices across all aspects of our business, we were very interested in using solar energy to power our operations. But we needed to know that the economics of solar would also make sense," said Ed Houlihan, vice president of Shiseido America Inc. "SunPower worked with us to ensure the technological and financial success of the project. The payback period is expected to be less than six years -- a solid return on investment for equipment that will last more than 25 years."

SunPower also assisted Shiseido in the sale of solar renewable energy credits to New Jersey's load serving utilities (LSEs), helping the LSEs meet renewable portfolio standards required by the State.

The Shiseido installation utilizes the SunPower(R) T10 Solar Roof Tile, which is a non-penetrating, lightweight system that tilts at a 10-degree angle to increase energy capture.

"Shiseido's decision to maximize the size and efficiency of its solar system underscores the company's commitment to sound business practices and preserving the environment," said Tom Leyden, managing director of SunPower Corporation Systems' East Coast operations. "We are very pleased that Shiseido is now generating its own clean, renewable power, and enjoying the financial benefits of that decision."

About SunPower

SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

About Shiseido

Shiseido America Inc., a subsidiary of the Japanese cosmetics corporation Shiseido Company LTD, established its corporate operations in East Windsor, NJ in 1998. Shiseido, Japan's largest cosmetics maker, manufactures makeup and skin care products for men and women. It also makes toiletries, sun care products, fragrances, professional salon hair care products, pharmaceuticals, and fine chemicals. Upscale brands include, Shiseido and Cle de Peau Beaute. Mid- and mass-market brands include, Ayura and Aquair. Other interests include specialty fragrance, hair, and skin care salons. Shiseido manufactures and distributes their products for the global market. Their business practices statement, titled the Shiseido Way, summarizes the corporations' global commitment:

-- To respect and comply with all laws in regions in which they do
business,
-- To the safety and preservation of the natural environment,
-- To the cooperation with local communities and harmony with
international society.

[meinolf67]

Antwort auf Beitrag Nr.: 32.072.906 von Hoerschwelle am 18.10.07 21:16:40

Wat ham die geraucht...

Hat Cypress sich mitbewegt?

[Hoerschwelle]

Antwort auf Beitrag Nr.: 32.145.947 von meinolf67 am 25.10.07 12:36:22

Jopp

[meinolf67]

SunPower CEO Says Spain, Korea Could Boost Solar Growth
Thomas Werner says diversification is key and discusses where costs can be cut.
by: Jennifer Kho
Bullet Arrow October 24, 2007

Spain and Korea could be the next markets to rocket the solar industry into further growth, the CEO of SunPower said at a conference Wednesday.
Advertisement

In a keynote for the Dow Jones VentureWire Alternative Energy Innovations conference in Redwood City, Calif., Thomas Werner said both countries have been very strong markets, and are expected to reach their "caps" -- the targets set to mark the end of their current level of solar incentives -- next year.

The Spanish government is considering upping its cap and decreasing its incentives (see Is Spain Shining Too Brightly?).

Werner also promoted a tax credit being considered in the United States, which he said also could be a big market.

"The total incentive bill for solar over eight years is $1 billion, which is what the oil industry will get in subsidies in a matter of months," Werner said.

If the U.S. tax credit passes and the Spanish and Korean caps are raised, he said he thinks the solar industry can grow 40 percent per year for the next few years.

SunPower has strong sales in Germany and California, but the company's strategy is to diversify, Werner said.

"We … have to be ready to move when the market moves," he said. "Diversification is incredibly important. There are solar companies that failed because they bet on just one market. We can't be overexposed, we believe, to one geography or one market."

Aside from different countries, SunPower is tapping into a variety of markets, including residential, commercial and power-plant markets, he said.

The last area is new for SunPower, which considers its 15-megawatt installation at an Air Force base in Nevada and an 18-megawatt installation in Spain large enough to qualify as power-plant scale for photovoltaic (solar-electric) systems.

Larger plants that lower the cost of power are attractive to utilities, but plants in the gigawatt size probably are out of reach for photovoltaic systems today, he said in response to a question.

Some industry insiders say that concentrating-solar projects make more sense at multimegawatt sizes (see Solar Desert Debate Heats Up). But, after the keynote, Werner said photovoltaics can compete with concentrating solar at those sizes.

"The math is compelling; you bet," he said.

Werner said the solar industry has to cut costs by about half to reach the mainstream markets. (SunPower has set a goal of cutting 50 percent of its costs by 2012.)

While some technology advances are needed, the industry doesn't need breakthroughs to reach that goal, but can get there with a series of smaller improvements, he said.

After all, about half the cost of a U.S. solar-power system is the installation, he said. "That can’t go on, so there's lots of room for innovation there."

He said there are "significant opportunities" to reduce the cost within the solar cell, too, but that he expects silicon costs will come down, taking care of some of that cost.

Silicon makes up 20 percent of the cost of solar-power systems, but silicon manufacturers use 90-percent margins, he said.

"That's going to end," he said. "Capitalism's going to work. You can't have 90-percent margins and not have new entrants."

Werner said SunPower, which bought solar integrator PowerLight last year, is interested in acquiring more companies involved in "the outbound channel."

"Technology acquisitions might be more challenging, especially in thin-film," he said, adding he still would be interested in looking at concentrator technologies and would consider a thin-film technology "if the costs made sense."

Comments about new entrants aside, Werner said SunPower isn't looking at an acquisition in silicon just yet.

Silicon plants "traditionally have a low return on investment and operate like a chemical factory, so for those reasons, we said 'no,'" he said after the keynote. But as conditions change, the company might look at the possibility again after 2010, he said.

Werner sees the bulk of cost reductions coming from "incremental" improvements across the whole supply chain, such as orienting the panel to the sun differently.

Still, he said, cutting costs probably won't mean the price for solar-power systems will plummet quickly, such as in electronics, because the lower costs will be offsetting declining government subsidies.

[meinolf67]

unPower to Build Three Solar Power Plants in Spain Totaling 21-Megawatts for Naturener Group

SunPower Continues to Expand its Footprint into the European Market

MADRID, Spain, Nov 08, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that its Spanish subsidiary will engineer, procure equipment for and construct three solar electric power plants totaling approximately 21-megawatts in the Castilla La Mancha region of Spain.

Corporate affiliates of The Naturener Group, a Spanish-based company, will own the three solar power plants located in Tinajeros (Albacete), Manzanares and Almuradiel (Ciudad Real), just southeast of Madrid. They are expected to be financed by a Spanish bank syndicate.

SunPower will utilize its proprietary SunPower(R) Tracker solar tracking system at each of the three sites, covering a total of approximately 90 hectares. The SunPower Tracker is an industry-leading solution for deploying large-scale solar electric systems and is today's most reliable and proven solar tracking technology. Its unique design enables solar panels to automatically follow the sun throughout the day to maximize energy generation -- delivering up to 25 percent more power output than traditional fixed systems.

"We are pleased that the Spanish market continues its rapid adoption of solar power and that Naturener has chosen SunPower's innovative solar tracker technology as part of our turnkey solar solution," said Marco Antonio Northland, general manager of SunPower's European operations. "The SunPower Tracker solar power system is a proven and reliable solution for maximizing the highest energy delivery, while optimizing land use and reducing related costs."

With the signing of the construction contracts, Naturener will consolidate its solar power projects in Spain. "We anticipate that these three solar power plants will be in operation by the summer of 2008 and will add them to our existing renewable portfolio of hydro and wind generation," said Rafael Sanchez-Castillo, CEO of Naturener Group. "We are pleased to continue our expansion of renewable energy in the Spanish and North American markets."

SunPower now has an aggregate of approximately 140-megawatts in SunPower tracker technology under contract or previously sold in Spain.

[dicki31785]

Ich bitte um charttechnische hielfe....wenn jemand eine chart von der aktuellen situation reinstellen koennte waere ich sehr dankbar...danke im voraus mfg CW

[meinolf67]

SunPower Joint Venture Woongjin Energy Dedicates Largest Ingot Pulling Factory in Korea
Tuesday November 27, 8:05 am ET
New Plant in DaeDeok Techno Valley to Produce Ingots for SunPower Using Polysilicon from DC Chemical

SAN JOSE, Calif., Nov. 27 /PRNewswire-FirstCall/ -- SunPower Corporation (Nasdaq: SPWR - News), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that Woongjin Energy Corp. (WJE), its joint venture with Woongjin Holdings Company Ltd., will dedicate a new 46,200-square-meter solar silicon ingot pulling factory on November 28th. The factory will be the largest of its kind in Korea. Distinguished guests will include the governor of ChungNam Province, the mayor of DaeJeon City, and SunPower executives.

ADVERTISEMENT
click here
The new WJE factory is headquartered in the DaeDeok Techno Valley business park in DaeJeon City, Korea and will produce silicon ingots exclusively for solar cell production. Polysilicon for this venture will be supplied primarily from DC Chemical, Korea's largest chemical company. All ingots produced at the factory are expected to be exported.

"Woongjin Energy is ready to apply its expertise to produce high quality silicon ingots for SunPower," said Hakdo Yoo, president and CEO of Woongjin Energy Co. "With our highly educated workforce, convenient materials transportation, and research and development infrastructure, Woongjin Energy is well positioned for a long and successful future in the solar business."

SunPower is purchasing approximately US$250 million of silicon ingots from the joint venture through a five-year supply agreement. Production by WJE is anticipated to grow at a rate consistent with increased polysilicon supply from DC Chemical. SunPower has contributed equity capital and technology expertise, and is selling polysilicon to WJE as well as procuring silicon ingots from them.

"With the dedication of this factory, we have taken another meaningful step in expanding our supply portfolio," said PM Pai, chief operating officer, at SunPower Corp. "We are pleased that construction on this factory was completed on time and that manufacturing has begun."

[meinolf67]

SunPower Partners With HP to Boost Energy Conservation Efforts

1-Megawatt Solar Power System and HP Employee Solar Purchase Program Planned

SAN JOSE, Calif., Nov 27, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels, and solar systems, today announced that it is working with HP to design, install and operate a 1-megawatt solar electric power system on HP's printer manufacturing facility in San Diego. SunPower is also working with HP to provide HP employees with solar electric power systems on their homes at preferred rates.

Rather than paying for the commercial system itself, HP will purchase solar-generated electricity for the San Diego facility under SunPower Access(TM), a power purchase agreement program. The solar electricity will be competitively priced against retail rates, providing HP a long-term hedge against rising peak power prices.

"We applaud HP's vision for the future as well as their understanding that solar makes good business sense today," said Tom Werner, chief executive officer of SunPower.

At the San Diego facility, SunPower will install the SunPower(R) T10 Solar Roof Tile commercial roof system, a non-penetrating solar system that tilts at a 10-degree angle to increase energy capture. The system will offset more than one million pounds of carbon dioxide per year, which is equivalent to planting 150 trees annually or removing more than 100 cars off the highways each year.

Later this year, HP plans to make a program available to U.S.-based HP employees which will provide SunPower residential solar electric systems at reduced rates.

"HP has set aggressive goals to reduce the environmental impact of our operations and products," said Pat Tiernan, vice president of Social and Environmental Responsibility at HP. "By generating clean, affordable solar power with this flagship installation in San Diego, our agreement with SunPower will help us achieve those goals with no initial out-of-pocket expenses and long-term savings on electricity costs."

[fwinter61]

Antwort auf Beitrag Nr.: 32.581.473 von meinolf67 am 27.11.07 14:13:21

http://www.wallstreet-online.de/nachrichten/nachricht/219853…

Der Technologiekonzern Hewlett-Packard ist mit zwei Anbietern von erneuerbaren Energien, der amerikanischen SunPower Corp. und Airtricity in Irland, Geschäftsbeziehungen eingegangen. Demnach wurde mit SunPower ein Vertrag über den Einkauf von Strom geschlossen, nach dem der HP-Konzern in San Diego seine erste große Solarstromanlage installieren wird. Im Rahmen des Abkommens mit dem Windenergie-Anbieter Airtricity wird sichergestellt, dass HP fast 90 Prozent seines Energieverbrauchs in Irland aus erneuerbaren Energiequellen bezieht. Die HP-Aktie gewann mehr als ein Prozent, während es bei SunPower fast 2,5 Prozent abwärts ging. (27.11.2007/ac/n/m)

[meinolf67]

Solar Scrambles for More Silicon
Yingli signs a secretive silicon contract, while SunPower opens Korea's largest ingot-pulling factory. Still, analysts say prices are likely to remain high for new entrants.
by: Rachel Barron
Bullet Arrow November 27, 2007

In spite of predictions that the worldwide shortage of silicon is easing, companies are still aggressively working to lock down more of it.
Advertisement

Chinese solar firm Yingli Green Energy Holding Co. said Tuesday it signed three contracts for the key solar-power ingredient, pushing company shares up 28 cents, or 1.15 percent, to $24.70 per share.

Meanwhile, Silicon Valley-based, solar manufacturer SunPower (NSDQ: SPWR) said it will officially open the largest ingot-pulling factory in Korea on Wednesday. Ingots are chunks of silicon that are sliced to make wafers.

The announcements come after Solarfun Power Holdings said Monday it signed a silicon contract with Hoku Scientific (see Chinese Solar May Trade Margins for Market Share).

While companies are securing their silicon supplies, some analysts say prices for the precious stuff are likely to remain high, especially for new entrants (see Chinese Solar May Trade Margins for Market Share, Could China Steal the Solar Throne?, Silicon Shortage Has Big Impact, Silicon Starvation, Panelists Debate When the Silicon Shortage Will End).

Setbacks, such as an apparent delay in AE Polysilicon's planned Pennsylvania plant, probably aren't helping (see Silicon Setback).

Yingli (NYSE: YGE) was sparse on details about its deal to secure enough silicon to produce more than 40 megawatts of modules, not even disclosing the name of the supplier.

But the company said it expects the silicon to be delivered by the first quarter of next year.

In related news, Yingli also said it ordered $56 million worth of silicon ingot furnaces from Merrimack, N.H.-based GT Solar, a subsidiary of GT Solar International.

The furnaces, which each can grow multicrystalline ingots weighing up to 450 kilograms, are expected to bring Yingli’s installed furnace capacity to about 600 megawatts in 2009 from about 200 megawatts today.

And SunPower said Wednesday it, along with joint-venture partner Woongjin Holdings, will open a 151,536-square-feet silicon ingot-pulling factory in Korea.

The factory will make ingots exclusively for solar cells in export markets. Korea's DC Chemical will provide the bulk of the silicon to make the ingots.

SunPower also will get some extra perks from the venture, including a contract to buy $250 million worth of ingots over five years.

SunPower also said Tuesday it would build and operate a 1-megawatt solar system at a Hewlett-Packard (NYSE: HPQ) printer-manufacturing plant in San Diego.

In exchange, HP will purchase the solar-generated electricity.

But investors weren't impressed by the news, dropping SunPower shares $2.40, or 2.22 percent, to $105.60 per share.

[meinolf67]

PPAs galore:

SunPower Secures Project Financing Agreement With Morgan Stanley

SAN JOSE, Calif., Nov 28, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that Morgan Stanley has agreed to provide the company with up to $190 million in financing for future commercial and public agency solar electric power installations.

The financing will be available for qualifying installations that SunPower delivers to customers under its SunPower Access(TM) program through 2008. The program allows companies and public agencies to purchase solar-generated electricity as an alternative to purchasing the solar power systems themselves.

"This financing arrangement represents a significant commitment to the solar power sector by Morgan Stanley," said Aaron Lubowitz, managing director in Morgan Stanley's Global Structured Products Group in New York.

With the SunPower Access program, SunPower designs, constructs and maintains solar electric power systems to the customer's requirements. Rather than paying for the system itself, the customer pays for the solar electricity generated over a long-term power purchase agreement. The agreement typically includes options, subject to certain conditions, for the customer to renew the agreement, return the equipment, transfer the equipment to a new site, or purchase the system outright. SunPower solar systems have a projected life of more than 25 years, depending on site location and other variables.

Under the terms of the facility, Morgan Stanley and SunPower jointly own a holding company that will finance project companies established for individual installations. The project companies will purchase solar systems from SunPower and resell the electricity to customers. Morgan Stanley will finance up to $190 million and SunPower will finance up to $10 million through the facility.

"Securing the best financing for our customers is a key advantage of our SunPower Access program," said Tom Werner, chief executive officer of SunPower. "This agreement with Morgan Stanley offers our customers a more efficient and cost-competitive process to realize the financial savings and environmental benefits of solar power."

Customers who have recently engaged SunPower to provide major solar power installations at their facilities under the SunPower Access program include big box retail stores, high technology businesses and public agencies.

[Thereisnews]

Up to $190 million in financing for future commercial and public agency solar electric power installations.

The financing will be available for qualifying installations it delivers to customers under its SunPower Access program through 2008. The company said it will jointly own a holding company with Morgan Stanley to finance project companies established for individual installations.

SunPower said the project companies will purchase solar systems and resell the electricity to customers. In addition, SunPower will finance up to $10 million through the facility

[meinolf67]

4. Dezember 2007
SunPower and Woongjin Energy Open New Ingot Factory
San Jose, California [RenewableEnergyAccess.com]

SunPower Corporation announced that Woongjin Energy Corp. (WJE), its joint venture with Woongjin Holdings Company Ltd., has opened a new 46,200-square-meter solar silicon ingot pulling factory. SunPower will purchase approximately $250 million of silicon ingots from the joint venture through a five-year supply agreement.

"With our highly educated workforce, convenient materials transportation, and research and development infrastructure, Woongjin Energy is well positioned for a long and successful future in the solar business."

--Hakdo Yoo, CEO, Woongjin Energy Co.

The factory is headquartered in the DaeDeok Techno Valley in DaeJeon City, Korea and will produce silicon ingots exclusively for solar cell production. Polysilicon for this venture will be supplied primarily from DC Chemical. All ingots produced at the factory are expected to be exported.
"Woongjin Energy is ready to apply its expertise to produce high quality silicon ingots for SunPower," said Hakdo Yoo, president and CEO of Woongjin Energy Co. "With our highly educated workforce, convenient materials transportation, and research and development infrastructure, Woongjin Energy is well positioned for a long and successful future in the solar business."

[meinolf67]

SAN JOSE, Calif., Dec 07, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that it has signed a five-year agreement with Jiawei SolarChina Co., Ltd. (Jiawei) to secure a supply of monocrystalline silicon ingots and silicon wafers.

Jiawei is affiliated with SunEnergy, SunPower's solar panel assembly partner, and plans to scale its operations to 200 ingot pullers in Beijing, China. Beginning in 2008, SunPower will purchase sufficient silicon in ingot and wafer forms to satisfy production requirements that represent more than 900 megawatts of solar cell production based on SunPower's expected silicon utilization during the agreement period and subject to contract conditions. SunPower will provide polysilicon to Jiawei during the life of this agreement.

"Our partnership with Jiawei will diversify our upstream supply chain," said PM Pai, chief operating officer at SunPower Corp. "As we scale and expand our silicon supply base into China, we are pleased to extend our relationship with our partner, Jiawei."

[Thereisnews]

SunPower to Buy Solar Distributor


Solar cells maker SunPower Corp. said Thursday it agreed to buy Solar Solutions, an Italian solar distributor, giving it access to a potentially burgeoning market for solar electricity.
SunPower is buying Solar Solutions from Combigas, a petroleum products trading firm. Terms were not disclosed.

SunPower said it expects the deal to add to adjusted earnings in 2008 and to close in the first quarter.

SunPower Corporation (Nasdaq: SPWR - News), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a definitive agreement to acquire Solar Solutions, a solar systems integration and product distribution company based in Faenza, Italy. The acquisition is expected close in Q1 of 2008 and to be accretive to non-GAAP net income in 2008.


Luca Bandini, CEO of Solar Solutions, added: "The employees and management of Solar Solutions are extremely excited at the prospect of joining SunPower Corp., one of the world's leading solar companies. We know from experience that SunPower's products have already established a strong reputation for quality and performance in the Italian market, and we look forward to offering its full range of high performance customer solutions. We plan to expand our footprint in the residential and small commercial sector through a professionally organized dealer network, and to directly serve as a turnkey contractor to the expanding power plant market and large commercial applications."

[meinolf67]

SunPower to Build 8 Megawatt Solar Power Plant in Spain

Naturener Expands SunPower Deployment to Approximately 30 Megawatts

SAN JOSE, Calif., Jan 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that its Spanish subsidiary will engineer, procure equipment for and construct an approximately 8 megawatt solar electric power plant in the Extremadura region of Spain.

A corporate affiliate of The Naturener Group, a Spanish-based company, will own the solar power plant, and SunPower expects the system will begin operating in September 2008.

"Once again we are teaming with Naturener to deliver clean, reliable solar power to the rapidly expanding Spanish market," said Marco Antonio Northland, general manager of SunPower's European operations. "By using the industry-leading SunPower(R) Tracker technology, Naturener will maximize the solar plant's energy delivery, while optimizing land use and reducing related costs."

"SunPower's engineering, procurement and construction expertise will be key to meeting our budget and schedule targets," said Rafael Sanchez-Castillo, CEO of The Naturener Group. "We are pleased to continue the solar power segment of our renewable energy portfolio in Spain."

[meinolf67]

January 07, 2008 | about stocks: SPWR
Print Email

Stocks related to solar power made a tremendous run in 2007 but they are currently grossly overpriced and overdue for a pullback. The insiders of most of these companies have been dumping shares like crazy which is never a good sign. Also, the market is expected to have a turbulent year so I think now is a good time to short some of these companies.

My solar pick to short is SunPower Corporation (SPWR). SunPower Corporation has shown strong growth over the last year but it currently has at a trailing PE ratio of 631 (that is ridiculously high). For growing companies a trailing PE is less important than the forward PE but SunPower’s forward PE is also astronomical (126 based on the high range of their forecast of GAAP earnings between $0.85 and $1.00 in 2008).

While investors have been buying, the insiders of SunPower Corporation have been dumping a huge amount of shares. Insider selling is never a good sign and the amount of selling that has taken place at SunPower should cause a lot of concern.

I guess there weren’t any lessons learned in the tech bubble because the analysts that cover SunPower haven’t downgraded SunPower but have actually been pumping this stock for the last few months. Maybe they will find the valuation of SunPower too expensive when it hits a forward PE of 200. If you think analysts are looking out for the interest of the small investor then SunPower clearly shows you are mistaken.

I think the ridiculous valuation, heavy insider selling, and unease in the stock market are going to bode ill for SunPower (as well as the other solar stocks). I am going to give a short recommendation at Friday’s closing price.

[meinolf67]

GE Unit, SunPower Partner On Calif Solar Projects
By Shara Tibken
Last update: 8:21 a.m. EST Jan. 7, 2008

SPWR 128.30, +2.18, +1.7%) to provide financing for five California solar power projects. GE Energy, a Stamford, Conn., energy investment company, said the projects, which total eight megawatts, include a system for a Toyota Motor Sales' Parts Center. GE will acquire a majority equity interest in the five projects, which SunPower, a San Jose solar system manufacturer, will design, build, operate and maintain. Construction will begin in February and should be completed by the end of the year. Financial terms of the deal were not disclosed. End of Story

[meinolf67]

8. Januar 2008
GE Partners with SunPower for PV Projects
Stamford, Connecticut [RenewableEnergyAccess.com]

GE Energy Financial Services, a unit of GE, announced that it is partnering with SunPower Corporation to provide financing for five California solar photovoltaic (PV) projects. The projects will total approximately 8 megawatts (MW). Financial details of the transaction were not disclosed.

"Aggregating several projects into one portfolio gives us financial scale to realize the advantages of project finance structuring."

--Kevin Walsh, Managing Director, GE Energy Financial Services

The five projects SunPower is developing as part of the agreement include a 2.3-MW rooftop PV system at the Toyota Motor Sales, USA Ontario Parts Center, a 1-MW rooftop system serving an eight-building printing technology R&D facility for HP, a 1-MW solar tracking system for Agilent Technologies, two ground mounted systems totaling 2.4 MW for Lake County California and a 1-MW ground mounted system for the Rancho California Water District.
"Aggregating several projects into one portfolio gives us financial scale to realize the advantages of project finance structuring," said Kevin Walsh, managing director of GE Energy Financial Services. "In addition, this transaction diversifies our renewable energy portfolio with more solar assets and supports ecomagination, GE's program to help its customers meet their environmental challenges while expanding its own portfolio of cleaner energy products."
Previous Article

[meinolf67]

Energy Bill Troubles Solar Industry
Tuesday January 8, 5:00 pm ET
Energy Bill's Tough Mandates Seen As Threat to Burgeoning Solar Power Industry

NEW YORK (AP) -- The omission of renewed investment tax credits for solar energy in the wide-sweeping energy bill signed by President Bush late last month has put the future health of the U.S. solar power industry in question.

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The bill includes more stringent mandates for fuel economy and energy efficiency, but it doesn't extend the investment tax credit for companies specializing in solar power systems. That credit, which amounts to 30 percent of the value of qualified residential or commercial solar equipment, is set to revert to 10 percent at the end of 2008 unless it is extended.

Solar companies also lost out because the bill didn't include a mandate that would have required utilities to produce up to 15 percent of their electricity from renewable energy sources. More than half the states, most of them in the Northeast and on the West Coast, already have similar requirements.

A federal mandate could have bolstered the solar industry by encouraging utilities in regions such as the Southeast, where most states don't have renewable energy standards, to buy more energy generated by the sun.

Unless the investment tax credit is renewed before the end of the year, companies that produce solar power and related technologies in the U.S. are likely to scale back or scrap existing projects and seek more business overseas, analysts say.

"There is nothing favorable in this bill for the solar industry," said Michael Carboy, managing director and clean energy research analyst for Signal Hill Capital Group LLC, a Baltimore-based investment bank for small and midsize companies.

Because the solar investment tax credit will fall to 10 percent at the end of 2008 unless a new bill is passed, solar companies will likely rush to complete projects before the end of the year. Projects that are on shaky financial ground without the credit are likely to be abandoned, Carboy said.

"There's going to be a mad dash," he said. "At the margin, there are probably some projects that won't be pursued without the tax credit."

Sales of photovoltaic panels and other solar equipment may begin to drop off after the first quarter if the tax credit isn't renewed, said Rhone Resch, the president of the Solar Energy Industries Association, a Washington, D.C.-based industry group. And concentrating solar power projects, which use mirrors to focus the sun's power, require longer lead times and may go completely dormant without the credit, Resch said.

In September, SunPower Corp., a San Jose, Calif.-based manufacturer of solar cells, panels and systems, signed an agreement with Macy's Inc. to install rooftop solar power systems on 28 stores in California. SunPower could have entered into an even wider-ranging agreement with Macy's if it weren't for the tax credit's looming expiration, said Julie Blunden, SunPower's vice president of public policy.

"Because the current tax credit only goes through the end of this year, some customers are only contracting for projects that can be completed by the end of the year," Blunden said.

If Congress doesn't renew the investment tax credit in 2008, some solar companies are likely to seek business opportunities overseas instead of in the United States. In Spain, for example, the government has targeted 12 percent of its energy to come from renewable sources by 2010, with 400 megawatts to come from solar-generating capacity. China also has ambitious plans for solar energy, aiming to generate and consume about 300 megawatts of solar energy by 2010.

[meinolf67]

Poughkeepsie Town Hall Lights Up With Solar

Hudson Valley Clean Energy Installs First SunPower T10 System in Upstate New York

RHINEBECK, N.Y, Jan 09, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Hudson Valley Clean Energy and SunPower Corporation (Nasdaq: SPWR), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced the completed rooftop installation of a 10-kilowatt solar electric power system at the Poughkeepsie Town Hall.

"Rich in culture and history, Poughkeepsie understands the responsibility we have to preserve our environment for future generations," said Pat Myers, supervisor, Town of Poughkeepsie. "Thanks to Hudson Valley Clean Energy and SunPower, we are now generating our own clean, renewable solar power at Town Hall, while lowering electricity costs."

For this project, Hudson Valley Clean Energy utilized high-efficiency SunPower solar panels and the non-penetrating SunPower(R) T10 Solar Roof Tile, which tilt at a 10-degree angle to increase energy capture. While SunPower T10 systems are installed on commercial and public facilities throughout California, this is the first installation of a T10 system in upstate New York. The T10 system is a low weight, self-ballasted solar mounting system that allows large solar arrays to be quickly mounted on flat roof commercial buildings with no penetrations to the roof. Such systems have become increasingly popular in California as commercial and public facilities strive to control and reduce their future energy costs.

"To maximize the efficiency of the system, we recommended SunPower panels and the SunPower T10 Solar Roof Tile system for this installation," said Jeff Irish of Hudson Valley Clean Energy, a SunPower Premier Dealer. "We actually offered the Town two alternative system designs, and are happy they went with the SunPower T10 solution because it is a lighter weight system and was significantly lower in cost for the Town. We are pleased to provide the T10 system to the Town of Poughkeepsie, and now to offer it to public and commercial customers throughout upstate New York."

About Hudson Valley Clean Energy

Hudson Valley Clean Energy is a full service solar electric, solar thermal and geothermal design and installation company serving upstate New York. Hudson Valley Clean Energy is a SunPower Premier Dealer. For more information, visit http://www.hvce.com.

[meinolf67]

SunPower to Announce Fourth-Quarter, Year-End 2007 Results on January 24, 2008

Event to be Webcast at: http://investors.sunpowercorp.com/events.cfm" target="_blank" rel="nofollow ugc noopener">http://investors.sunpowercorp.com/events.cfm

SAN JOSE, Calif., Jan 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR) will announce its fourth-quarter and year-end 2007 earnings in a conference call on Thursday, January 24th at 10:30 a.m. Pacific Time. The dial-in number for the quarterly conference call is 517-623-4618, and the call passcode is "SunPower." This event will be webcast and can be accessed from SunPower's website at http://investors.sunpowercorp.com/events.cfm" target="_blank" rel="nofollow ugc noopener">http://investors.sunpowercorp.com/events.cfm. The webcast will be archived for two weeks following the conference call.

Full text of the press release and supplemental financial information will be made available on the SunPower website at http://investors.sunpowercorp.com on the morning of the conference call.

[meinolf67]

Hawaii State Agency Calls For 34 MW Of Solar PV
in News Departments > New & Noteworthy
by SI Staff on Thursday 10 January 2008
email the content item print the content item

According to a report from Honolulu-based Pacific Business News, Hawaii's Department of Transportation Airports Division is soliciting proposals from private companies to develop solar photovoltaic systems that can generate as much as 34 MW of electricity at 11 DOT sites, as well as the Hawaii Foreign-Trade Zone.

"This is one of the largest - if not the largest - state government solar initiatives in the nation," Ted Liu, director of the Department of Business, Economic Development and Tourism, told Pacific Business News.

Private companies will construct the PV systems and enter into an agreement for the state to purchase all the power produced for a minimum of 20 years. Through this plan, the state will avoid construction and operating costs while establishing a stable power budget, according to the report.

[Börsenmaus]

Q-Zahlen bringt SPWR am 24.01.2008

[dicki31785]

sagt mal stoeren keinen die ganzen insider verkauefe bin bei 130 raus...im moment keine schlechte entscheidung und langfristig denke ich ist die aktie solide mit einen earnings growth von 100%...sunpower hat ja immer ein paar insiderverkauefe...aber dieses quartal ist schon sehr extrem..glaube werde erst wieder nach den zahlen einsteigen..was denkt ihr ueber die ganzen insider verkauefe mfg CW

[meinolf67]

SunPower Signs 2500 MW of Polysilicon Agreements

New Polysilicon Plant in Saudi Arabia to Support SunPower Agreements

SAN JOSE, Calif., Jan 16, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that it has signed two polysilicon agreements to be supplied by a new polysilicon plant located in Saudi Arabia. The two agreements will support in aggregate 2500 megawatts of solar cell production.

SunPower signed a polysilicon purchase agreement with NorSun AS and another with NorSun and its partners who are forming a joint venture company to construct a new polysilicon plant in Saudi Arabia. Each agreement anticipates polysilicon delivery to begin in 2010 and extend through 2019.

"SunPower continues to develop new sources of polysilicon," said PM Pai, chief operations officer of SunPower Corp. "We are building a diverse portfolio of intermediate and long-term silicon supply contracts that support SunPower's cost reduction roadmap. Economies of scale in our supply chain, manufacturing and channel development will drive down installed solar system costs by 50 percent by 2012."

[Langen63]

Was ist los, warum ist der Kurs so abgeschmiert ??

[meinolf67]

Antwort auf Beitrag Nr.: 33.109.901 von Langen63 am 20.01.08 20:05:31

Bewertung?!

[Langen63]

Antwort auf Beitrag Nr.: 33.109.906 von meinolf67 am 20.01.08 20:06:11

Willst du mir damit sagen, dass der Wert zu hoch bewertet war ? Warum geben Analysten dann strong buy bis 170 USD raus ?????

[Hoerschwelle]

Antwort auf Beitrag Nr.: 33.110.103 von Langen63 am 20.01.08 20:50:19

Weil AnalZysten gierig sind, auch nicht besser recherchieren können und einen ganzen Haufen von Lemmingen hinter sich wissen um damit die Märkte zu beeinflussen

I hate AnalZysten

[Hoerschwelle]

Antwort auf Beitrag Nr.: 33.110.369 von Hoerschwelle am 20.01.08 21:33:31

I hate them, because they are fool people and their opinion is to disability the autonomy brain from the investors

[Langen63]

Antwort auf Beitrag Nr.: 33.110.369 von Hoerschwelle am 20.01.08 21:33:31

Da ist doch was anderes faul. Kein Wert gibt ohne Grund so schnell und so herb nach. Ich konnte aber keine negative Meldungen finden, die das für SunPower bestätigen würden ???

[meinolf67]

Antwort auf Beitrag Nr.: 33.112.356 von Langen63 am 21.01.08 09:40:46

Sunpower hat mit dem aktuellen Kurs von 47,00 ein
KGV 07 von 254
KGV 08 von 69

Jetzt kannst Du Dir selbst ausrechnen, wie hoch die Bewertung vorher war.

Dagegen sind Q-Cells und co. echte Value-Plays.

Und auf ANAL-zysten würde ich goar nix geben.

Irgendwie habe ich das ganze Jahr 2007 auf sowas wie jetzt gewartet.

Leider war ich so doof, doch vorher schon was zu kaufen, weil ich Schiß hatte, dass mir die Kurse auf ewig davonlaufen....

Deshalb ist jetzt nicht mehr soviel 'Kohle da.

[Langen63]

Antwort auf Beitrag Nr.: 33.113.252 von meinolf67 am 21.01.08 10:44:56

Jetzt kommt auch noch allgemeine Panik dazu, hervorragend ! Wie geht es weiter.... wo ist Stop ?

[meinolf67]

Zahlen sind da:

SunPower Reports Fourth-Quarter and Year-End 2007 Results

- 2007 revenue of $774.8 million, up 227.6 percent year-on-year - Q4 2007 revenue of $224.3 million, up 201.1 percent year-on-year - Solar Solutions acquisition expands market position in Italy - 14 megawatt Nellis AFB solar system completed: largest in North America - 60 megawatts booked by SunPower Systems for solar power plants in Spain - $200 million Project Finance Facility closed with Morgan Stanley for U.S. systems - 8 megawatt GE Energy Financial Services financing closed serving five U.S. customers - Fab 2 and second solar panel manufacturing facility achieve scale economies - Next-generation T20 Trackers delivered to 18 MW Olivenza project in Spain - First polysilicon received from DC Chemical in January 2008

SAN JOSE, Calif., Jan 24, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR) today announced financial results for the fourth quarter 2007, which ended December 30, 2007. This press release contains both GAAP and non- GAAP financial information. Non-GAAP figures are reconciled to the closest GAAP equivalent figures on the final page of this press release.

Revenue for the 2007 fourth quarter was $224.3 million, down 4.3 percent from prior-quarter revenue of $234.3 million and up 201.1 percent from year- ago fourth-quarter revenue of $74.5 million. The Components segment accounted for $100.4 million of fourth-quarter revenue, a 31.1 percent increase from prior-quarter revenue of $76.6 million. The Systems segment accounted for $123.9 million of fourth-quarter revenue, a 21.4 percent decrease from prior- quarter revenue of $157.7 million. Third-quarter 2007 revenue was significantly influenced by large scheduled project installations, particularly the Nellis Air Force Base project. 2007 fourth-quarter revenue growth, compared to the fourth quarter of 2006, was primarily driven by continued strong demand for SunPower products and systems across market segments and channels. For reporting purposes, the Systems segment generally represents products and services sold directly to the system owner, while the Components segment represents primarily products sold to installers and resellers. Additionally, both SunPower and third-party solar panels sold through the Systems segment channels are recorded as Systems segment revenue.

On a GAAP basis, SunPower reported total operating income of $11.2 million and diluted net income per share of $0.06. These figures include non-cash operating expenses for amortization of purchase accounting intangible assets of $7.1 million and non-cash, stock-based compensation of $14.0 million. Fourth quarter 2007 GAAP results also include a non-cash charge of $8.2 million representing the write-off of unamortized debt issuance costs related to the issuance of SunPower's convertible debentures which became convertible in the first fiscal quarter of 2008 starting December 31, 2007. This also resulted in the reclassification of the convertible debentures from long-term to current liabilities as of December 30, 2007.

On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets, stock-based compensation, write-off of unamortized debt issuance costs, and the related tax effects, SunPower reported total operating income of $32.4 million and diluted net income per share of $0.39. This compares with prior-quarter total operating income of $27.0 million and $0.33 diluted net income per share.

Also on a non-GAAP basis, SunPower reported total gross margin for the fourth quarter 2007 of 25.3 percent, compared with total gross margin of 20.4 percent in the prior quarter. Fourth-quarter non-GAAP total gross margin was influenced by the higher gross margin in the Systems segment, which achieved gross margin of 26.8 percent, while the Components segment reported gross margin of 23.4 percent.

"SunPower achieved record operating results again in the fourth quarter of 2007," said Tom Werner, SunPower's CEO. "SunPower's investments in channel development, brand building, technology, and people yielded great results this quarter. We have purposefully chosen to vertically integrate and build a portfolio of customer segments, channels and applications to leverage our proprietary high-performance solar technology. Our brand and technology platforms improve our response time to new market opportunities and limit our individual market risk. Upstream we have also followed a portfolio strategy, developing a diversified set of silicon suppliers from polysilicon to ingots and wafers. We believe that our scale and flexibility places SunPower on the leading edge of the cost reduction roadmap as we address a rapidly evolving market.

"The global solar market delivered strong, dynamic growth in 2007. In the latter part of 2008 and beyond, we expect our industry's silicon feedstock to become more abundant, leading to lower solar panel prices which will redistribute the power and profit pools in the value chain. SunPower has been preparing for this development for the last two years by vertically integrating downstream. In that vein, earlier this month we closed the acquisition of Solar Solutions -- now named SunPower Italia -- an Italian systems integrator. The investment in Italy and channel development in Southern Europe is aligned with SunPower's vertically integrated model, our portfolio approach to customer market segments and our global geographic reach. We welcome SunPower Italia to our team.

"SunPower continues to benefit from strong demand for our industry-leading solar technology in Europe, the United States and Asia. In the fourth quarter of 2007 we announced solar systems serving a wide variety of customers in Korea and the United States, in addition to power plants totaling approximately 60 megawatts in Spain. Powering our growth in sales, SunPower announced financing facilities with Morgan Stanley and GE Energy Financial Systems for the United States, designed to increase the speed and reduce the cost of financing our customers' solar systems.

"In December, SunPower teamed with the United States Air Force and MMA Renewable Ventures to dedicate the largest photovoltaic power plant in the North America at the Nellis Air Force Base, located near Las Vegas. At more than 14 megawatts, and built on top of a landfill, SunPower deployed our proprietary single-axis SunPower(R) T20 Tracker solar tracking system which delivers up to 30 percent more energy than traditional fixed-tilt systems. Our tracking technology offers the highest energy delivery for our customers when paired with SunPower panels using Generation 2 solar cells which achieve median sunlight conversion efficiencies exceeding 22 percent. SunPower's industry-leading solar system performance yields important benefits to our customers by reducing the amount of land, material and site work needed to install a given capacity solar system or by enabling significantly higher capacity systems to be installed within given site area's constraints. SunPower is building a brand based on the substantial technology benefits we offer our customers.

"Technology advantages also position SunPower as a cost reduction leader among silicon-based solar companies. We are making steady progress on our plan to reduce installed system costs by 50 percent from 2006 levels by year- end 2012. SunPower's U.S. Department of Energy contract under the Solar America Initiative is now active with a comprehensive roadmap for research and development aimed at installed system cost reduction based on efficiencies spanning the solar value chain. We expect to achieve several major manufacturing milestones in 2008, including substantially greater manufacturing scale, a successful transition to second-generation products and to thinner, 145 micron wafers. New supply agreements that begin delivery in 2008 will support manufacturing cost reductions by reducing our average feedstock price for the first time since we began commercial solar cell production.

"We expect SunPower's median solar cell efficiency to increase over the course of 2008 as we add five more Gen 2 lines in Fab 2. Our Fab 2 expansion will nearly double our nameplate solar cell manufacturing capacity from 214 megawatts at the end of 2007 to 414 megawatts at the end 2008. Our start-up team has done a tremendous job transferring our learning from Fab 1 to Fab 2. We have now completed our production ramp on the first two lines in Fab 2 which will exclusively produce our industry-leading Gen 2 solar cells. Our Gen 2 solar cells increase the power generated by each solar cell by 10 percent compared to our A-300 solar cell. Concurrently we are reducing our manufacturing unit cost by increasing equipment throughput and achieving manufacturing scale.

"In panel manufacturing, we have started production on two more solar panel manufacturing lines and began ramping a third at the end of Q4, all of which are automated and contribute to scale economies. These lines will manufacture our larger-format, 96-cell solar panels which have achieved the highest rated solar panel efficiency ever measured, at more than 20 percent. Likewise, in systems technology manufacturing, we are now shipping our cost- optimized, factory-assembled next-generation T20 tracker to our Olivenza project in Spain combining improved product design with manufacturing scale.

"Over the past two months our silicon suppliers have met major milestones that lay the foundation for our expansion by substantially increasing our silicon supply in 2008. In the fourth quarter 2007, M.Setek transitioned to polysilicon manufacturing using internally-produced TCS gas which we believe will stabilize ingot deliveries from M.Setek materially going forward. In the fourth quarter 2007, M.Setek's transition to in-house TCS manufacturing resulted in non-linear deliveries of silicon ingot to SunPower which limited our total solar cell production. In January 2008, DC Chemical delivered its first sample of polysilicon to Woongjin Energy, our ingot-pulling joint venture in Korea, which produced ingots meeting our specifications. Woongjin Energy began production in the fourth quarter of 2007 with outstanding performance, delivering twice the expected ingot volume during its first months of production.

"SunPower continues to add to our portfolio of silicon agreements across the supply chain. After dedicating our Woongjin Energy joint venture ingot- pulling plant in November, we announced an ingot-pulling and wafering agreement in December with Jiawei SolarChina, a company affiliated with our long-term solar panel partner in China. Last week we announced a 2500 megawatt set of polysilicon agreements with NorSun and its joint venture partners to be delivered from a new polysilicon plant in Saudi Arabia. Across our portfolio of silicon supply agreements, we expect to have sufficient silicon in 2010 to achieve more than six times our 2007 production."

SunPower's Silicon Supply Agreement Position and Capacity Expansion Plan

2008 2009 2010
Beginning of Year, Nameplate
Capacity (megawatts) 214 414 574
Annual Production Capacity
Supported by Silicon
Agreements to Date (megawatts) 250+ 430+ 650+
Annual Cash Required for
Silicon Prepayments in
Advance of Delivery
($ millions) $58.4 $48.8 $11.1




"With our strong finish in 2007, we are raising our guidance for the fiscal year 2008 and expect the following non-GAAP results: Total revenue of $1.2 billion to $1.3 billion and diluted net income per share of $2.00 to $2.10," continued Werner. "We expect our 2009 total revenue to increase 40 percent to 50 percent from 2008 levels. Following our protocol to offer guidance for the current quarter, we expect first quarter of 2008 non-GAAP total revenue of $230 million to $250 million, company non-GAAP gross margin of 24 percent to 25 percent and non-GAAP diluted net income per share of $0.33 to $0.36 reflecting a higher non-GAAP average tax rate of 24 percent to 25 percent in 2008 than in 2007 which ended at 11.0 percent.(1)

"On a business segment basis, we expect the following non-GAAP results for the first quarter 2008: Components segment revenue of $75.0 million to $77.5 million, driven by a planned increase in allocation of SunPower panels to the Systems segment, and gross margin of 26.5 percent to 27.5 percent; Systems segment revenue of $155.0 million to $172.5 million and gross margin of 23 percent to 24 percent with a lower mix of higher-margin systems sales expected than in the fourth quarter 2007. We expect the Components segment to benefit from the continued manufacturing ramp of our next-generation technology and the Systems segment to benefit from an increase in allocation of SunPower panels to the segment during the quarter."(2)

About SunPower

SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers high-performance solar- electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

(1) For the full year 2008, we expect the following total company GAAP results: Revenue of $1.2 billion to $1.3 billion and diluted net income per share of $1.17 to $1.27. For the first quarter of 2008, we expect the following total company GAAP results: Revenue of $230 million to $250 million; gross margin of approximately 21 percent to 22 percent and diluted net income per share of $0.13 to $0.16.

(2) For the first quarter of 2008, we expect the Components business segment to generate GAAP revenue of $75.0 million to $77.5 million and gross margin of approximately 23 percent to 24 percent and the Systems business segment to generate GAAP revenue of $155.0 million to $172.5 million and gross margin of approximately 20 percent to 21 percent.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that do not represent historical facts. SunPower Corporation uses words and phrases such as "expect," "will," "plan," and similar expressions to identify forward-looking statements. Forward-looking statements in this press release include, but are not limited to, SunPower's plans and expectations regarding: (a) the industry's silicon feedstock becoming more abundant, leading to lower solar panel prices which will redistribute the power and profit pools in the value change; (b) SunPower's reducing installed system costs by 50 percent from 2006 levels by year-end 2012; (c) SunPower's achieving substantially greater manufacturing scale, and a successful transition to second generation products and to thinner, 145 micron wafers; (d) new supply agreements beginning in 2008 supporting manufacturing cost reductions by reducing SunPower's average feedstock price; (e) SunPower's median solar cell efficiency increasing over the course of 2008 as it adds 5 more Gen 2 lines in Fab 2; (f) SunPower's Fab 2 expansion nearly doubling its nameplate solar cell manufacturing capacity from 214 megawatts at the end of 2007 to 414 megawatts at the end of 2008; (g) Fab 2 exclusively producing SunPower's industry-leading Gen 2 solar cells; (h) three additional lines manufacturing SunPower's larger-format 96-cell solar panels; (i) M.Setek's transitioning to polysilicon manufacturing using internally-produced TCS gas increasing ingot deliveries from M.Setek materially going forward; (j) SunPower's having sufficient silicon in 2010 to achieve more than six times its 2007 production; (k) SunPower's achieving certain GAAP and non-GAAP results, including revenue and diluted net income per share for the full year 2008, revenue for the full year 2009, revenue, gross margin, diluted net income per share, and non-GAAP average tax rate for the first quarter 2008, Components and Systems segment revenue and gross margin for the first quarter 2008; (l) SunPower's increasing allocation of SunPower panels to its Systems segment; and (m) SunPower's Components segment benefiting from the continued manufacturing ramp of its next-generation technology and the Systems segment benefiting from an increase in allocation of SunPower panels to the segment during the quarter. These forward-looking statements are based on information available to SunPower as of the date of this release and current expectations, forecasts and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond SunPower's control. In particular, risks and uncertainties that could cause actual results to differ include (i) SunPower's ability to ramp new production lines; (ii) SunPower's ability to realize expected manufacturing efficiencies; (iii) SunPower's ability to reduce kerf loss and otherwise achieve anticipated reductions in polysilicon usage efficiency (iv) production difficulties that could arise; (v) the success of SunPower's ongoing research and development efforts; (vi) SunPower's ability to obtain adequate supply of polysilicon, ingots and wafers to manufacture its products and the price it pays for such materials; (vii) the price and availability of cells and solar panels; (viii) business and economic conditions and growth trends in the solar power industry; (ix) the continuation of governmental and related economic incentives promoting the use of solar power; (x) SunPower's ability to compete with other companies and competing technologies; (xi) the potential renegotiation of or non-performance by parties to SunPower's supply and customer contracts; (xii) unforeseen manufacturing equipment delays at SunPower's fabrication facilities and panel factories; (xiii) unanticipated changes in the mix of balance of systems sales; and (xiv) other risks described in SunPower's Quarterly Report on Form 10-Q for the quarter ended September 30, 2007, and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing SunPower's views as of any subsequent date, and SunPower is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Non-GAAP Measures

To supplement the consolidated financial results prepared under GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude items related to stock-based compensation, amortization of intangible assets, impairment of acquisition-related intangibles, fair value adjustments to deferred revenue, purchased in-process research and development expenses, write-off of unamortized debt issuance costs, and their related tax effects. Management does not consider these charges in evaluating the core operational activities of SunPower. Management uses these non-GAAP measures internally to make strategic decisions, forecast future results and evaluate SunPower's current performance. Most analysts covering SunPower use the non-GAAP measures as well. Given management's use of these non-GAAP measures, SunPower believes these measures are important to investors in understanding SunPower's current and future operating results as seen through the eyes of management. In addition, management believes these non-GAAP measures are useful to investors in enabling them to better assess changes in SunPower's core business across different time periods. These non- GAAP measures are not in accordance with or an alternative for GAAP financial data and may be different from non-GAAP measures used by other companies.

Fiscal Periods

SunPower operates on a fiscal calendar comprised of four thirteen-week quarters that end at midnight Pacific Time on the Sunday nearest the calendar quarter-end.

SunPower is a registered trademark of SunPower Corp. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.


SUNPOWER CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

(Unaudited)

Dec. 30, Dec. 31,
2007 2006
ASSETS

Cash and cash equivalents $285,214 $165,596
Restricted cash 67,887 -
Investments 134,503 16,496
Accounts receivable, net 138,250 51,680
Costs and estimated earnings in
excess of billings 39,667 -
Inventories 140,504 22,780
Deferred project costs 8,316 -
Prepaid expenses and other assets 75,009 23,288
Advances to suppliers 161,220 77,636
Property, plant and equipment, net 377,994 202,428
Goodwill and other intangible assets, net 235,577 16,932

Total assets $1,664,141 $576,836



LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable $123,108 $26,534
Accrued and other liabilities 112,639 21,540
Convertible debt 425,000 -
Billings in excess of costs and
estimated earnings 69,900 -
Customer advances 69,404 39,991

Total liabilities 800,051 88,065

Stockholders' equity 864,090 488,771

Total liabilities and
stockholders' equity $1,664,141 $576,836



SUNPOWER CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)

(Unaudited)

THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 30, Sept. 30, Dec. 31, Dec. 30, Dec. 31,
2007 2007 2006 2007 2006
Revenue
Systems $123,912 $157,734 $- $464,178 $-
Components 100,431 76,600 74,509 310,612 236,510
224,343 234,334 74,509 774,790 236,510

Cost of systems revenue 97,416 135,111 - 386,511 -
Cost of components revenue 79,745 60,818 56,364 240,475 186,042
177,161 195,929 56,364 626,986 186,042

Gross margin 47,182 38,405 18,145 147,804 50,468

Operating expenses:
Research and development 3,904 3,902 2,564 13,563 9,684
Selling, general and
administrative 32,068 27,708 6,105 108,256 21,677
Purchased in-process
research and development - - - 9,575 -
Impairment of acquisition-
related intangibles - - - 14,068 -

Total operating
expenses 35,972 31,610 8,669 145,462 31,361

Operating income 11,210 6,795 9,476 2,342 19,107

Interest and other income
(expense), net (3,825) 3,032 2,503 940 9,354

Income before income taxes 7,385 9,827 11,979 3,282 28,461

Income tax provision
(benefit) 2,509 1,396 670 (5,920) 1,945

Net income $4,876 $8,431 $11,309 $9,202 $26,516

Net income per share:
- Basic $0.06 $0.11 $0.16 $0.12 $0.40
- Diluted $0.06 $0.10 $0.15 $0.11 $0.37

Shares used in calculation
of net income per share:
- Basic 79,023 77,693 69,339 76,393 65,864
- Diluted 85,796 82,610 74,108 81,769 71,087



(In thousands, except per share data)

THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 30, Sept. 30, Dec. 31, Dec. 30, Dec. 31,
2007 2007 2006 2007 2006
(Presented on a GAAP Basis)

Gross margin 47,182 38,405 18,145 147,804 50,468
Operating income 11,210 6,795 9,476 2,342 19,107
Net income per share:
-Basic 0.06 0.11 0.16 0.12 0.40
-Diluted 0.06 0.10 0.15 0.11 0.37



THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 30, Sept.30, Dec. 31, Dec. 30, Dec. 31,
2007 2007 2006 2007 2006
(Presented on a non-GAAP Basis)*

Gross margin 56,731 47,904 19,527 186,198 56,004
Operating income 32,357 27,017 11,798 106,879 28,661
Net income per share:
-Basic 0.42 0.35 0.20 1.35 0.55
-Diluted 0.39 0.33 0.18 1.26 0.51




About SunPower's Non-GAAP Financial Measures

To supplement its consolidated financial results presented in accordance with GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude non-cash items related to stock- based compensation expenses, amortization of intangibles, impairment of acquisition-related intangibles, fair value adjustments to deferred revenue, purchased in-process research and development expenses, and their related tax effects. The non-GAAP adjustments included herein are primarily the result of our acquisition of SunPower Corporation, Systems or SP Systems (formerly known as PowerLight Corporation) on January 10, 2007. The specific non-GAAP measures listed below are gross margin, operating income and net income per share. Management believes that each of these non-GAAP measures (gross margin, operating income and net income per share) are useful to investors by enabling them to better assess changes in each of these key elements of SunPower's results of operations across different reporting periods on a consistent basis, independent of these non-cash items. Thus, each of these non-GAAP financial measures provides investors with another method for assessing SunPower's operating results in a manner that is focused on its ongoing core operating performance, absent the effects of purchase accounting, stock-based compensation charges and write-off of unamortized debt issuance costs. Management also uses these non-GAAP measures internally to assess the business and financial performance of current and historical results, for strategic decision making, forecasting future results and evaluating the Company's current performance. Many of the analysts covering SunPower also use these non-GAAP measures in their analyses. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data, the non-GAAP results should be reviewed together with the GAAP results and are not intended to serve as a substitute for results under GAAP, and may be different from non-GAAP measures used by other companies.

-- Non-GAAP gross margin. The use of this non-GAAP financial measure
allows management to evaluate the gross margin of the Company's core
businesses and trends across different reporting periods on a
consistent basis, independent of non-cash items including stock-based
compensation expenses, amortization of intangibles and fair value
adjustments to deferred revenue. In addition, it is an important
component of management's internal performance measurement process as
it is used to assess the current and historical financial results of
the business, for strategic decision making, preparing budgets and
forecasting future results. Management presents this non-GAAP
financial measure to enable investors and analysts to evaluate our
revenue generation performance relative to the direct costs of revenue
of SunPower's core businesses.


-- Non-GAAP operating income. The use of this non-GAAP financial measure
allows management to evaluate the operating results of the Company's
core businesses and trends across different reporting periods on a
consistent basis, independent of non-cash items including stock-based
compensation expenses, amortization of intangibles, impairment of
acquisition-related intangibles, and all other purchase accounting
charges. In addition, it is an important component of management's
internal performance measurement process as it is used to assess the
current and historical financial results of the business, for
strategic decision making, preparing budgets and forecasting future
results. Management presents this non-GAAP financial measure to enable
investors and analysts to understand the results of operations of the
Company's core businesses and to compare our results of operations on
a more consistent basis against that of other companies in our
industry.

-- Non-GAAP net income per share. Management presents this non-GAAP
financial measure to enable investors and analysts to assess the
Company's operating results and trends across different reporting
periods on a consistent basis, independent of non-cash items including
stock-based compensation expenses, amortization of intangibles,
impairment of acquisition-related intangibles, all other purchase
accounting charges and the tax effects of these non-GAAP adjustments.
In addition, investors and analysts can compare the Company's
operating results on a more consistent basis against that of other
companies in our industry.

Non-Cash Items

-- Stock-based compensation. Stock-based compensation relates primarily
to SunPower stock awards such as stock options and restricted stock.
Stock-based compensation is a non-cash expense that varies in amount
from period to period and is dependent on market forces that are
difficult to predict. As a result of this unpredictability, management
excludes this item from its internal operating forecasts and models.
Management believes that non-GAAP measures adjusted for stock-based
compensation provide investors with a basis to measure the company's
core performance against the performance of other companies without
the variability created by stock-based compensation.

-- Amortization of intangibles. SunPower incurs amortization of
intangibles as a result of Cypress acquiring the Company in November
2004, in which Cypress' cost of purchased technology, patents,
trademarks and a distribution agreement is reflected in our financial
statements. In addition, SunPower incurs amortization of intangibles
as a result of our acquisition of SP Systems, which includes purchased
technology such as existing technology, patents, brand names and
trademarks. SunPower excludes these items because these expenses are
not reflective of ongoing operating results in the period incurred.
These amounts arise from prior acquisitions and have no direct
correlation to the operation of SunPower's core businesses.

-- Impairment of acquisition-related intangibles. SunPower incurred an
impairment of acquisition-related intangibles in June 2007, which
relates to the net book value of the PowerLight tradename being
written off in its entirety as a result of the change in branding
strategy. SunPower excluded this item because the expense is not
reflective of its core operating performance after completion of its
acquisition of SP Systems. Excluding this data provides investors with
a basis to compare the company's performance against the performance
of other companies without non-cash expenses such as impairment of
acquisition-related intangibles.

-- Purchase accounting charges. Purchase accounting charges as a result
of the acquisition of SP Systems include: (1) amortization of
intangibles, which includes purchased technology related to
acquisitions such as existing technology, patents, brand names and
trademarks; (2) fair value adjustments to deferred revenue, which is
an acquisition-related adjustment that results in certain revenues
never being recognized under GAAP by either the acquiring company or
the company being acquired and (3) purchased in-process research and
development expenses, which relates to projects in process as of the
acquisition date that have not reached technological feasibility and
are immediately expensed. These acquisition-related charges are not
factored into management's evaluation of potential acquisitions or its
performance after completion of acquisitions, because they are not
related to our core operating performance, and the frequency and
amount of such charges can vary significantly based on the size and
timing of acquisitions and the maturities of the businesses being
acquired. Excluding this data provides investors with a basis to
compare SunPower's performance against the performance of other
companies without the variability caused by purchase accounting.

-- Write-off of unamortized debt issuance costs. The market price trigger
condition was met for our senior convertible debentures in December
2007, giving holders of the convertible debt the right to convert the
convertible debt. As a result, SunPower accelerated the amortization
of deferred debt issuance costs. Excluding this non-cash charge
provides investors with a basis to compare SunPower's period-over-
period operating results because the charge is not reflective of
SunPower's historical results or its expected future expenses after
such costs are fully amortized on January 2, 2008.

-- Tax effect. This amount is used to present each of the amounts
described above on an after-tax basis with the presentation of non-
GAAP net income per share.


For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of GAAP results of operations measures to non-GAAP measures" set forth at the end of this release and which should be read together with the preceding financial statements prepared in accordance with GAAP.


SUNPOWER CORPORATION
RECONCILIATIONS OF GAAP MEASURES TO NON-GAAP MEASURES
(Unaudited)
(In thousands, except per share data)

STATEMENT OF OPERATIONS DATA:

THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 30, Sept. 30, Dec. 31, Dec. 30, Dec. 31,
2007 2007 2006 2007 2006

GAAP gross margin $47,182 $38,405 $18,145 $147,804 $50,468
Fair value adjustment to
deferred revenue - - - 1,142 -
Amortization of intangible
assets 6,185 5,911 1,164 24,852 4,690
Stock-based compensation
expense 3,364 3,588 218 12,400 846
Non-GAAP gross margin $56,731 $47,904 $19,527 $186,198 $56,004

GAAP operating income $11,210 $6,795 $9,476 $2,342 $19,107
Fair value adjustment to
deferred revenue - - - 1,142 -
Amortization of intangible
assets 7,132 6,858 1,164 28,540 4,690
Stock-based compensation
expense 14,015 13,364 1,158 51,212 4,864
Purchased in-process
research and development - - - 9,575 -
Impairment of acquisition-
related intangibles - - - 14,068 -
Non-GAAP operating income $32,357 $27,017 $11,798 $106,879 $28,661



NET INCOME PER SHARE:
THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 30, Sept. 30, Dec. 31, Dec. 30, Dec. 31,
2007 2007 2006 2007 2006

Basic:
GAAP net income per share $0.06 $0.11 $0.16 $0.12 $0.40
Reconciling items:
Stock-based compensation
expense 0.18 0.17 0.02 0.67 0.08
Purchase accounting:
Fair value adjustment to
deferred revenue - - - 0.01 -
Amortization of intangible
assets 0.09 0.09 0.02 0.37 0.07
Purchased in-process
research and development - - - 0.13 -
Impairment of acquisition-related
intangibles - - - 0.18 -
Write-off of unamortized debt
issuance costs 0.10 - - 0.11 -
Tax effect (0.01) (0.02) - (0.24) -

Non-GAAP net income per share $0.42 $0.35 $0.20 $1.35 $0.55

Diluted:
GAAP net income per share $0.06 $0.10 $0.15 $0.11 $0.37
Reconciling items:
Stock-based compensation
expenses 0.16 0.16 0.01 0.63 0.07
Purchase accounting:
Fair value adjustment to
deferred revenue - - - 0.01 -
Amortization of intangible
assets 0.08 0.09 0.02 0.35 0.07
Purchased in-process
research and development - - - 0.12 -
Impairment of acquisition-related
intangibles - - - 0.17 -
Write-off of unamortized debt
issuance costs 0.10 - - 0.10 -
Tax effect (0.01) (0.02) - (0.23) -

Non-GAAP net income per share $0.39 $0.33 $0.18 $1.26 $0.51

Shares used in calculation
of GAAP net income
per share:
- Basic 79,023 77,693 69,339 76,393 65,864
- Diluted 85,796 82,610 74,108 81,769 71,087

Shares used in calculation
of non-GAAP net income
per share:
- Basic 79,023 77,693 69,339 76,393 65,864
- Diluted 85,796 82,610 74,108 81,769 71,087


The following supplemental data represents the individual charges and
credits that are excluded from SunPower's non-GAAP financial measures for each
period presented in the Condensed Consolidated Statements of Operations
contained herein.


SUPPLEMENTAL DATA
(In thousands)

THREE MONTHS ENDED

December 30, 2007

Selling Other Interest
Research general Aqui- and Income
Gross Margin and and sition other tax
Compo- develo- admini- Related income, provision
Systems nents pment strative Charges net (benefit)

Amortization
of
intangible
assets $4,788 $1,397 $- $947 $- $- $-
Stock-based
compensation
expense 1,952 1,412 564 10,087 - - -
Write-off of
unamortized
debt
issuance
costs - - - - - 8,260
Tax effect - - - - - - (993)
$6,740 $2,809 $564 $11,034 $- $8,260 $(993)


September 30, 2007

Selling Other Interest
Research general Aqui- and Income
Gross Margin and and sition other tax
Compo- develo- admini- Related income, provision
Systems nents pment strative Charges net (benefit)

Amortization
of
intangible
assets $4,788 $1,123 $- $947 $- $- $-
Stock-based
compensation
expense 2,049 1,539 404 9,372 - - -
Tax effect - - - - - - (1,786)
$6,837 $2,662 $404 $10,319 $- $- $(1,786)


December 31, 2006

Selling Other Interest
Research general Aqui- and Income
Gross Margin and and sition other tax
Compo- develo- admini- Related income, provision
Systems nents pment strative Charges net (benefit)

Amortization
of
intangible
assets $- $1,164 $- $- $- $- $-
Stock-based
compensation
expense - 218 178 762 - - -
Tax effect - - - - - - (33)
$- $1,382 $178 $762 $- $- $(33)


TWELVE MONTHS ENDED

December 30, 2007

Selling Other Interest
Research general Aqui- and Income
Gross Margin and and sition other tax
Compo- develo- admini- Related income, provision
Systems nents pment strative Charges net (benefit)

Fair value
adjustment
to deferred
revenue $1,142 $- $- $- $- $- $-
Amortization
of
intangible
assets 20,085 4,767 - 3,688 - - -
Stock-based
compensation
expense 8,187 4,213 1,817 36,995 - - -
Purchased
in-process
research
and
development - - - - 9,575 - -
Impairment of
acquisition
-related
intangibles - - - - 14,068 - -
Write-off of
unamortized
debt issuance
costs - - - - - 8,260 -
Tax effect - - - - - - (18,754)
$29,414 $8,980 $1,817 $40,683 $23,643 $8,260 $(18,754)


December 31, 2006

Selling Other Interest
Research general Aqui- and Income
Gross Margin and and sition other tax
Compo- develo- admini- Related income, provision
Systems nents pment strative Charges net (benefit)

Amortization
of
intangible
assets $- $4,690 $- $- $- $- $-
Stock-based
compensation
expense - 846 1,197 2,821 - - -
Tax effect - - - - - - -
$- $5,536 $1,197 $2,821 $- $- $-

[meinolf67]

Ich finde sie eher mau, KGV07 = 630, KGVe08 ca. 60

Meinungen?

[meinolf67]

24.01.2008 14:46
SunPower shares tumble; co. sees 1Q adj eps below Wall St. view

NEW YORK (Thomson Financial) - Shares of SunPower Corp. (News) fell early Thursday after the company topped Wall Street expectations with its fourth-quarter results but gave an outlook for the first quarter that's shy of the current average analysts' view.

The stock was down 15.8% to $62 in premarket action.

SunPower, based in San Jose, Calif., reported fourth-quarter adjusted earnings of $32.4 million, or 39 cents a share. These results exclude non-cash charges related to the amortization of intangible assets, stock-based compensation and the write-off of unamortized debt costs.

Revenue in the latest three months totaled $224.3 million, up significantly from a year-ago total of $74.5 million.

The mean estimate of analysts polled by Thomson Financial was for a profit of 37 cents a share in the December period on revenue of $220.6 million.

SunPower sees adjusted earnings of 33 to 36 cents a share for the first quarter on revenue of between $230 million and $250 million. For the full year, it expects adjusted earnings of $2 to $2.10 a share on revenue of $1.2 billion to $1.3 billion.

The current Wall Street consensus estimates are for earnings of 38 cents a share in the March period and $2.06 a share for the full year.

[eula]

[meinolf67]

Fat Spaniel Gets Fatter: Q&A with Chris Beekhuis
Company president discusses the energy-management startup's plan to expand into Europe, to tap into the renewable-energy-credits and carbon-credits markets and to become 'sustainable.'
by: Jennifer Kho
Bullet Arrow January 23, 2008

Energy-management company Fat Spaniel Technologies said Wednesday it has closed $18 million in its second round of venture-capital financing.
Advertisement

Investors include Ignition Partners, which led the round, Element Partners, Chrysalix Energy, Pacific Corporate Group and Applied Ventures, the venture-capital arm of Applied Materials.

The funding brings Fat Spaniel's total capital to $25 million, as the company raised $3.5 million in each of two parts of its first funding round in April and October of last year (see Energy Startup Gets $3.5M and Three Huge Solar Trends).

San Jose, Calif.-based Fat Spaniel sells software that monitors and manages energy production from renewable-energy systems. Last year, the startup introduced a product that can monitor energy generation at multiple sites in order to take advantage of the trend toward third-party project financing, in which a financial company pays the up-front costs of a system in exchange for a customer agreeing to buy the power.

The startup plans to use its newfound cash to expand its sales and marketing efforts to European and other international markets and to broaden its product offerings.

Greentech Media spoke with Chris Beekhuis, president of Fat Spaniel, to get the low-down:

Q: Why have you decided to expand into Europe now?

A: Europe is becoming much more investor-driven in terms of its renewable energy, in the same way that North America has moved in that direction over the last 18 months. And the markets are eight to 10 times the size of North American markets, subsidies are significantly higher today and we think that's going to attract additional investor dollars.

Q: What kept you from moving into Europe earlier?

A: As a small company, it's important to focus and we thought it was very important to solidify our product here in North America and to use a more mature product moving into Europe. In Europe, companies are not as willing to try things that aren't trusted or participate in beta programs and they expect a high level of support, so to say that I would fully support them from North America would not be very convincing. Now we have the resources to establish ourselves on the ground in Europe, with field services and account-management support.

Q: Where are you considering expanding initially?

A: We will certainly start with solar-electric as our initial entry, and we have existing customers getting established in Spain, so that's very likely to be our first entry point into Europe. We're looking for highly investor-driven markets and markets attracting new investors because our products are intended for customers managing 15 or more systems distributed across a geographic area. Our customers, who have as many as 100 sites under management with us, have realized that once they get a certain amount of systems, it no longer works to use a spreadsheet.

Q: Are there technical challenges in applying your software to European systems?

A: We already support 70 to 80 percent of the devices being installed in Europe -- the inverter devices specifically -- so we actually have several systems installed in Europe today. Even though we have no sales or marketing efforts in Europe, we are receiving calls about our products and do have several installations now, including in Spain and Portugal.

Q: Can you tell us more about those installations?

A: I'm not ready to disclose those today. I can tell you that some of our existing North American customers are moving into sunny parts of Europe. In many cases, these sales are related to existing sales with manufacturers, who call and ask if we can support them in Europe.

Q: Do you anticipate any issues with different country policies, if customers have systems spread out across Europe?

A: The third-party hardware that we use as a platform to collect data is [approved throughout the European Union], so permitting is not an issue. From our perspective, what's important is the focus and I think to get established in Europe, it's important to focus on a very targeted market in a specific country. … We're certainly not going to say 'Now we're open for business in all of Europe." We're going to pick targeted markets and build our success there. … At the same time, I very much expect our customers will pull us into other regions and other technologies, such as solar hot water.

Q: Some analysts have warned that energy management could prove a difficult market in which to differentiate technologies. Is that a challenge Fat Spaniel is facing?

A: No. In the short term, what has been driving demand for Fat Spaniel specifically is because it's a very fragmented market, many of the devices have different protocols. If you're a manufacturer of solar inverters, it's unlikely you're going to develop products that talk to competitors' products or that apply to different segments. We have been able to cross many of those boundaries.

Q: Some analysts have suggested that growing quickly might be the best strategy. Is that what Fat Spaniel is trying to do here?

A: We want to become sustainable. That's not necessarily about growing quickly, but about becoming efficient, reliable and making sure our solutions are in fact economic and scaleable. … People are really interested in being able to collect data across portfolios. Long term, we see financial markets really driving the value of that data. And when you think about a project with a 20-year power-purchase agreement, you certainly wouldn't want to put that data in the hands of a company that's not going to be around for 20 years. This financing helps us ensure the life of the company over the long term. We think that puts us at a very strong advantage.

Q: What's next for Fat Spaniel?

A: We see a long-term opportunity to be the verifier of the creation of [commodities such as renewable-energy credits and] carbon credits. The ability to independently collect data, aggregate it and provide it to the markets in a standard way is going to be critical in order to enable those commodities. We already have a product that calculates or measures the performance behind a renewable-energy credit, because it measures in kilowatt-hours or megawatt-hours. Carbon offsets in North America are voluntary, but by measuring the amount of energy produced or saved by a system and comparing to a baseline, we have all the pieces needed to create carbon offsets.

Q: Are you working on a product that specifically targets the REC and carbon-credit markets?

A: We have several efforts in that area that we are not ready to announce.

Q: Are you planning to raise any more money?

A: Ultimately, if I had my druthers, this would be my final fund raising. The goal is to be cash-flow positive by Q2 or Q3 of 2009. There may be another reason to raise money to grow more quickly or to expand into other markets, but we certainly have a plan to become sustainable over the long term with this investment.

[meinolf67]

January 25, 2008 | about stocks: SPWR
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Sunpower Corporation (SPWR) announced their fourth quarter 2007 earnings Thursday and reported disappointing results.

Sunpower reported revenue of 224.3 million and GAAP earnings of 0.06 per share. Revenue and EPS were both down from the prior quarter’s results of revenue of 234.3 million and EPS of 0.10 per share. Sunpower gave mediocre guidance of revenue between 230 and 250 million and GAAP EPS of 0.13 – 0.16 for next quarter. The company also raised full year guidance for 2008 EPS between 1.17 and 1.27 per share.

The share price of Sunpower was down over five dollars today but finished well above its intraday low of $60.25. In my opinion Sunpower is still way overvalued but I am going to recommend to cover.

If you followed my initial recommendation to short Sunpower at $126.12 you are sitting on a 45% gain in less than three weeks. I think most of the dramatic selloff is probably over and the share price of Sunpower is in the process of finding support.

The entire solar power sector is off since my recommendation to short solar stocks and you could of made a big gain shorting any of them. This is in contrast to the analysts that continued to pump these stocks even at ridiculous valuations. Most of these companies still have very high valuations, heavy insider selling, and major dilution yet analysts are still pumping these stocks. This is a good example of why you shouldn’t put much stock in what analysts say and you should do your own research.

[meinolf67]

Wie immer machen sie im CC einen starken Eindruck.

Glaube, dass man auf längere Sicht mit diesen Kursen wenig falsch machen kann.

[meinolf67]

SunPower's Cloudy Communication
By Toby Shute January 25, 2008

1 Recommendation

Here are some of the bullet points you didn't see in SunPower's (Nasdaq: SPWR) financial press release:

* Return on capital employed was 1% in 2007, down from 8% in 2006.
* Quarterly stock-based compensation was 43% of non-GAAP operating income.
* By "non-linear deliveries," we mean "lower deliveries."

OK, I think those first two are pretty self-explanatory. This leading solar firm isn't generating much profit today from its massive capital base, and executives are being handed much of the spoils. If you're a shareholder in this company, you can't be too bothered by these small details, because somewhere down the road there will be bounteous cash flows that make this mediocrity moot. Or not.

That third bulleted item is a little more obscure, but it bugs me no less. Within its prepared statement, the company noted that a silicon ingot supplier changed its production process to produce TCS gas in-house -- an option that wafer wunderkind LDK Solar (NYSE: LDK) has officially decided to forego.

Anyway, this supplier's overhaul disrupted the steady flow of ingot deliveries and constrained SunPower's solar cell output for the quarter. SunPower chose to characterize this ingot inflow as "non-linear." Not only do I find that geek-talk sort of condescending, I also find it unclear. Were the deliveries just erratic, or were they lower in absolute terms as well? "Non-linear" is non-informative.

Obviously, I'm skipping the many operational high points of the quarter, but the company told you all about that. Then, of course, there's the guidance of about 60% revenue growth this year, followed by 40% to 50% growth in the following year. If the firm gets there, it's valued at about three to four times 2009 sales. That sounds about right, given the fiery growth forecast.

Personally, I don't find this a particularly desirable time to be taking on speculative risk with my own stocks, but the solar story painted by the likes of SunPower, JA Solar (Nasdaq: JASO), and Trina Solar (NYSE: TSL) is certainly not the most far-fetched growth scenario out there.

[Proudmary]

Nur zur Info:
"Mr. Dausend" (Bernd Förtsch, Jahrgang 1962, gründete im Jahr 1989 die heutige Börsenmedien AG. 1996 kam das Anlegermagazin DER AKTIONÄR hinzu, das heute zu den größten deutschen Wirtschaftszeitschriften zählt.) hat am Freitag zu 48,70 zugeschlagen... war immerhin der Sieger im letzten Spiel... und muss jetzt einiges gutmachen.
http://www.depotliga.de/xist4c/web/depotliga-realdepot_id_22…

dazu heute wieder einige +/++Analysten

[meinolf67]

Wal-Mart Stores and SunPower Announce Solar Power Pilot Project in California

CHINO, Calif., Jan 28, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Wal-Mart Stores, Inc. (NYSE: WMT) and SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced completion of a 390-kilowatt solar power system at the Sam's Club store in Chino. The store is the first of seven Wal-Mart facilities in California to receive high-efficiency SunPower solar power systems, totaling 4.6 megawatts, and is part of a major purchase of solar power from SunPower and other solar power providers for approximately 22 Wal-Mart stores, Sam's Clubs and distribution centers in Hawaii and California. The stores included in the pilot project are expected to achieve savings over their current utility rates as soon as the first day of operation.

"We are very pleased with SunPower's progress on the Chino solar project," said Kim Saylors-Laster, vice president of energy for Wal-Mart. "Wal-Mart is moving forward with its commitment to conserve energy, reduce energy costs and lower greenhouse gas emissions -- and this project is a step in the right direction."

"Leading companies like Wal-Mart are turning to solar power because it makes good business sense and supports their environmental initiatives," said Tom Werner, chief executive officer of SunPower. "Wal-Mart's SunPower solar power systems are financed through our SunPower Access(TM) program, which is a power purchase agreement that allows our customers to take advantage of the environmental and financial benefits of solar power with no upfront capital costs. The solar electricity will be competitively priced against retail rates, providing Wal-Mart with a long-term hedge against rising peak power prices."

Each solar power generating system installed may vary, but on average it can provide up to 30 percent of the power for the store on which it is installed. "By Wal-Mart's estimates, installing the solar power systems will help reduce greenhouse gas emissions by 8,000-10,000 metric tons per year," said David Ozment, director of energy for Wal-Mart. The solar power pilot project is a major step toward Wal-Mart's goal of being supplied 100 percent by renewable energy.

On the roof of Wal-Mart's Chino store, SunPower installed the proprietary SunPower(R) T-10 solar roof tile, which tilts at a 10-degree angle to increase energy capture. SunPower solar panels, which are 50 percent more efficient than conventional solar panels, are used to maximize power generation and financial savings, especially on rooftops with constrained space.

[dicki31785]

wieder mal insider verkauefe...ist doch unglaublich was der vostand da an aktien verkauft!!!

[megane26]

wenn hier jemand TR oder CO2 Aktien liest, bitte mal BM (lohnt sich)

[wolzik]

Antwort auf Beitrag Nr.: 33.237.182 von dicki31785 am 01.02.08 12:21:16

wo kann ich die insiderverkäufe nachlesen? und wenn das so ist, hat jemand einen plan warum?

[dicki31785]

Antwort auf Beitrag Nr.: 33.243.416 von wolzik am 01.02.08 19:36:10

also bei finance.yahoo.com wird man benachrichtigt unter news....und bei meinem trader auf der website ist das verhaeltniss 65 verkauefe zu null kauefe verstehe nicht auf welcher basis das ist aber wenn man liest das 30,000 aktien gestern verkauft worden sind...macht mann sich schon ein paar gedanken....naja mir wars egal bin wieder dabei einstiegskurs 69$....auf ein steigenden kurs MFG CW

[Langen63]

Dieses ständige hin und her ist völlig nervend.

[Börsenmaus]

nächste Unterstützungslinie bei ca 50.50$ wird angepeilt
ich hoffe diese hält dann mal und es kommt zur Bodenbildung
schaun wir mal wenn wir angekommen sind

[dicki31785]

Antwort auf Beitrag Nr.: 33.290.725 von Börsenmaus am 06.02.08 23:40:35

sehe das aehnlich....werde da unten verdoppeln...und dann habe wir alle unsichern aus der aktie raus und es sollte sich ordentlich kapital finden um gas zu geben...einige solar aktien sind ja inzwischen schon laecherlich bewertet...es kann ja nur besser werdenmfg CW

[meinolf67]

Solar Scuttled: No ITC In Economic Stimulus Package
in News Departments > New & Noteworthy
by SI Staff on Thursday 07 February 2008
email the content item print the content item

The U.S. Senate's expanded economic stimulus package, which contained a provision extending the solar investment tax credit (ITC) for one year, has been blocked by a Republican filibuster.

Monique Hanis, director of communications for the Solar Energy Industries Assocation (SEIA), today told Solar Industry that inclusion of the ITC extension in the stimulus package is “unlikely” - even if Senate Democrats can negotiate provisions beyond what the House bill afforded.

Hanis noted that the SEIA will be pursuing another vehicle through which to secure an extension of the residential and commercial solar credits.

[meinolf67]

SunPower Shares Surge on Barron's Report
Monday February 11, 6:11 pm ET
SunPower Stock Surges More Than 12 Pct. After Barron's Becomes Latest to Tout Potential Growth

NEW YORK (AP) -- Shares of SunPower Corp. surged Monday after a Barron's article became the latest in a string of reports to tout the company's growth potential and say its shares have been undervalued.

ADVERTISEMENT
The solar-panel maker's stock rose $7.21, or 10.9 percent, to $73.58. Its shares have traded in a range of $38.82 to $164.49 over the past 52 weeks, reaching the high in November.

Solar stocks have come under pressure recently amid a broader sell-off because of recessionary fears and because of a solar-tax credit that is set to expire at the end of this year.

However, the Barron's article noted that analysts are forecasting earnings growth of 40 percent to 50 percent for SunPower through 2010 and that the company is working to cut costs and lift margins. If its profits expand to that degree and its operating strategy is successful, its shares could rally, Barron's said.

The article also noted that much of SunPower's revenue comes from customers who are spurred to install solar power because of state incentives, rather than the federal one that is set to expire.

Wall Street analysts like Calyon Securities' Kelly Dougherty have been issuing similar statements in recent weeks, saying the company is poised for growth despite a weak share price. Dougherty reiterated a "Buy" rating for SunPower on Jan. 28, but lowered her price target on the shares, saying investors are "not paying up as much for growth now."

[dicki31785]

Antwort auf Beitrag Nr.: 33.337.517 von meinolf67 am 12.02.08 09:01:44

war doch ganz ok gesternnur heute waere noch so ein tag nicht schlecht...glaube zwar nicht dran aber wuerde gerne falsch liegen...mfg CW

[Hoerschwelle]

14.02.2008 14:10
SunPower Announces 3-Gigawatt Silicon Supply Agreement with Jupiter, Qingdao DTK Industries Co., Ltd.


SAN JOSE, Calif., Feb. 14 /PRNewswire-FirstCall/ -- SunPower Corporation (News), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that it has signed a multi-year polysilicon supply agreement with Jupiter Corp., Ltd., a sales office of Qingdao DTK Industries Co., Ltd. (Jupiter, Qingdao DTK), a corporation based in China.

Starting in 2010 and continuing through 2016, SunPower has contracted to purchase increasing volumes of polysilicon from Jupiter, Qingdao DTK. The agreement will provide polysilicon volumes sufficient to manufacture more than 3 gigawatts of solar cells based on SunPower's expected silicon utilization during this period. Jupiter, Qingdao DTK will build a new polysilicon manufacturing facility in Qingdao, China, in order to produce the polysilicon that will be supplied under the terms of this agreement.

"SunPower is pleased to partner with Jupiter, Qingdao DTK as it extends its expertise into polysilicon manufacturing," said Tom Werner, CEO of SunPower. "Jupiter, Qingdao DTK will provide polysilicon to our ingot suppliers, supporting our drive to scale rapidly and cost-effectively to meet the demand for our high-efficiency solar systems."

"We are looking forward to our new partnership with SunPower that will help build a cleaner environment for future generations," said Indi Sohal, CEO of Jupiter and Qingdao DTK Industries. "We share SunPower's vision to expand the solar industry and make it the premier renewable energy choice. Jupiter, Qingdao DTK is excited to support SunPower's vision and to build a low cost polysilicon manufacturing solution in China."

About SunPower

SunPower Corporation designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com/. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. .

About Jupiter, Qingdao DTK Industries Co. Ltd.

Jupiter Corporation Ltd., a sales office of Qingdao DTK Industries Co. Ltd., is a wholly owned and operated European company belonging to the Sohal Family. Affiliate companies include Chinese manufacturing plants which includes construction, uniform supply to the service industries and managed services for multinationals in Europe.

Forward-Looking Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that do not represent historical facts. The company uses words such as "will," and similar expressions to identify forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the company's plans and expectations regarding (a) Jupiter, Qingdao DTK is providing sufficient volumes of polysilicon starting in 2010 and continuing through 2016 to manufacture more than 3 gigawatts of solar cells based on the company's expected silicon utilization during this period; (b) Jupiter, Qingdao DTK's building a new polysilicon manufacturing facility in Qingdao, China, in order to produce the polysilicon that will be supplied under the terms of the agreement; and (c) Jupiter, Qingdao DTK's providing polysilicon to the company's ingot suppliers. These forward-looking statements are based on information available to the company as of the date of this release and current expectations, forecasts and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward- looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond the company's control. In particular, risks and uncertainties that could cause actual results to differ include risks associated with (i) Jupiter, Qingdao DTK's ability to construct and operate a new polysilicon manufacturing facility in Qingdao China, (ii) Jupiter, Qingdao DTK's ability to ramp production at a new facility as scheduled and deliver polysilicon as agreed; (iii) the company's ability to ramp new production lines; (iv) the company's ability to realize expected manufacturing efficiencies; (v) the company's ability to reduce kerf loss and otherwise achieve anticipated reductions in silicon usage efficiency; (vi) production difficulties that could arise; (vii) the success of the company's ongoing research and development efforts; (viii) the company's ability to obtain adequate supply of polysilicon, ingots and wafers to manufacture the company's products and the price the company pays for such materials; (ix) the potential renegotiation of or non-performance by parties to the company's supply and customer contracts; (x) unforeseen manufacturing equipment delays at the company's fabrication facilities and panel factories; and (xi) other risks described in the company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2007, and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the company's views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

SunPower is a registered trademark of SunPower Corporation. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.





Hab mal ein paar zum Zocken heute gekauft.

[dicki31785]

Antwort auf Beitrag Nr.: 33.367.420 von Hoerschwelle am 14.02.08 14:27:24

schaun wir mal wie es weiterlaueft...82 dollar ist nicht ganz so preiswert...der kurs hat schliesslich schon die 56 gesehen...in den letzten fuenf boersentagen...aber wenn die hundert bald wieder anvisiert werden sollte kann man sich auch nicht ueber den einstieg beschweren...ich habe mein einstieg ein bisschen verhauen 69 dollar kann mich aber im moment nicht beschweren...naja der polysilicon deal ist langfristig eine gute sache...fragt sich nur zu welchen konditionen der deal abgeschlossen wurde...

im moment macht spwr die eslr plattobwohl da haette ich auch bei 10 wieder zuschlagen sollen aber denke die 10 sehen wir noch einmal... zumindest hoffe ich das damit noch einmal all unsicheren rausgeschuettelt werden und kraft fuer einen starken anstieg gesammelt werden kann...mfg CW

[megane26]

wenn jemand TR bezieht, bitte mal BM - lohnt sich

[meinolf67]

House Action On Solar Legislation Expected This Week
in News Departments > New & Noteworthy
by SI Staff on Tuesday 26 February 2008
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The Solar Energy Industries Association (SEIA) says the U.S. House of Representatives will take up H.R.5351, The Renewable Energy and Energy Conservation Tax Act of 2008, this week.

H.R.5351 includes an extension of the solar 30% investment tax credit (eight years for commercial and six years for residential), increases the residential solar cap to $4,000, and extends other renewable-energy provisions - including the wind production credit, new clean renewable energy bonds, energy-efficiency tax credits, renewable fuels credits, and a plug-in hybrid vehicle credit.

"This will be the third time the House tries to complete legislation to extend renewable energy tax credits," the SEIA says. "What differs this time around is that House leadership has expressed openness to Senate-proposed pay-fors that differ from the current House version that repeals oil and gas industry subsidies."

The SEIA notes that House and Senate leaders appear to have stepped up their public-relations efforts promoting passage of the bill.

[meinolf67]

Congress Tries Again To Extend Solar Tax Credits
Carl Gutierrez, 02.18.08, 8:13 PM ET


Today's Top Stories
• EU Fines Microsoft Record $1.4 Billion
• Dollar Slumps To Record Low $1.50+/Euro
• Oil Hits New Peak On Dollar Slump
• Banks Hit European Shares After HBOS
• Toll Bros. 1Q Results: Sales Down 23%



Congress is about to embark on yet another attempt to override a potential veto by President Bush and extend and enhance renewable energy tax credits. But they still hope to pay for it by subtracting from the oil and gas industry's tax credits.

Last week Rep. Charles Rangel (D-NY) and Democratic colleagues launched a bill that would extend the current 30% commercial investment tax credit for eight years, while the cap on residential tax credits would be increased to $4,000 from $2,000 and would be extended for six years.

It would also remove an existing limitation that prevents public utilities from claiming the commercial tax credit.

When solar credits were left out of the December energy bill, both House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid vowed to reintroduce them in early 2008.

Earlier this month, Congress once again left solar credits out of its broad economic stimulus package, leading House leaders to decide to attempt a stand-alone bill.

The legislation, which would result in approximately $18.0 billion in lost taxes over 10 years, is designed to tap additional revenue from the oil and gas industry to offset that, which President Bush opposes. The president's veto threat effectively killed the December attempt to fold the credits into the energy bill.

There are two different kinds of solar tax credits: commercial and residential. Commercial credits apply to businesses that put solar systems on their buildings or that build utility-size plants. Residential credits apply to private homes.

Despite the inclusion of the provision to pull credits away from the oil and gas industry, Monique Hanis of the Solar Energy Industries Association believes there is a chance there is support among congressional leadership to produce a veto-proof vote.

"I'm hopeful because of the bipartisan support and the popularity among the American people for renewable energy," Hanis said.

Pacific Growth Equities analyst Michael Horowitz expressed frustration at the government's inability to pass a viable piece of legislation.

"This is something that's good for the economy, for national security and climate change," Horowitz says. "Instead it's been made into a political football."

Horowitz expects some form of credits to get passed before the end of the year, but stressed that a strategy of handing out extensions on a year-to-year basis stymies long-term planning.

"It would be nice to have an eight-year extension," Horowitz said, "but I highly doubt it; three to four years is probably doable."

Because so much of the solar business takes place outside the U.S., Horowitz contends that observers overplay the role that such tax credits will have on the industry.

"Much of the industry is offshore," Horowitz said. "The tax credits are not a deal-breaker for the stocks by any means."

For example, leading U.S. player SunPower (nasdaq: SPWR - news - people ) will be able to develop large-scale solar projects without credits, Horowitz notes--even though the passage of solar credits would open up the total available market.

Steve O'Rourke, an analyst at Deutsche Bank, said a lot of solar companies would like to see the U.S. market broadened because the potential is enormous.

"What we're trying to do is up markets rather than leaving them closed," O'Rourke said, "and by not including the ITC you're really killing potential growth."

The new bill comes at an interesting time in the high-flying solar industry. Solar stocks had been falling since the beginning of the year, as investors took significant profits on fears of an economic slowdown. (See: "Cloudy Debut For ReneSola") Yet First Solar (nasdaq: FSLR - news - people )'s very impressive fourth-quarter results brought renewed confidence in the sector. (See: "First Solar Flares")

"The demand trends for the industry are as robust as ever," said Adam Hinckley, an analyst at Oppenheimer.

[meinolf67]

Habe 400 Stk. zu 39,46 gekauft.

[Börsenmaus]

Wir peilen die nächat grössere Unterstützungslinie an, bei ca 50,90$
schaun wir mal,ob sich bis dato das Marktumfeld beruhigt
Grüsse von Börsenmaus

[meinolf67]

SAN JOSE, Calif., March 12, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that Robert Okunski has joined the company as its senior director of investor relations. In this newly created role, Okunski is responsible for driving investor relations activities for SunPower.

Okunski brings a decade of experience in developing and executing global investor relations programs for high-tech companies in the semiconductor, software and Internet industries.

"A key element of our strategy is to recruit and retain the most talented people in order to successfully execute our long-term business plan," said Julie Blunden, vice president of public policy and corporate communications at SunPower. "As a leading public company in the solar industry, we must have the right infrastructure in place to meet the needs of our investors, and we are excited to have Bob join the SunPower team."

Prior to joining SunPower, Okunski was director of investor relations for Spansion Inc, a $2.5 billion leader in the Flash memory industry serving the top 10 handset, consumer electronics and automotive OEMs. During his tenure, he was responsible for investor relations activities relating to the company's IPO and the development of a global investor relations program. Previously, Okunski was vice president of investor relations for PeopleSoft prior to its acquisition by Oracle Corp. in 2004.

Okunski graduated from Colgate University with a bachelor's degree in political science and received his MBA degree from Moravian College.

[meinolf67]

Independent Power Systems Wins SunPower 'Intelegant Award for Excellence' in Residential Solar System Installation

SAN JOSE, Calif., and BOULDER, Colo., March 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that Independent Power Systems of Boulder, Colo., a SunPower Premier Dealer, has won the SunPower 'Intelegant Award for Excellence' in residential solar electric power system installation. Independent Power Systems received the award for its installation of SunPower solar systems on five new homes built by Coburn Development in North Boulder's Holiday Neighborhood.

"Recently selected by Xcel Energy as a 'Smart Grid City,' Boulder is fortunate to have Colorado companies, such as Independent Power Systems providing renewable, reliable, affordable power to homeowners," said Colorado Governor Bill Ritter. "Congratulations to Independent Power Systems for winning the SunPower award and for the excellent work in advancing the benefits of solar power and the New Energy Economy."

SunPower Intelegant Awards recognize residential SunPower solar electric power system installations that exemplify SunPower's commitment to excellence in aesthetics, quality and performance. Award-winning installations are selected for the quality of the design and installation as well as homeowner satisfaction.

"I bought the house because of the SunPower solar system," said Holiday Neighborhood homeowner Kate Frazier. "Aesthetically, I was pleased with the all-black look of the panels, and I love the monitoring system that tells me how much electricity the system is generating and how much power I use everyday."

Frazier continued, "Independent Power Systems did a great job educating me about my SunPower system. I was surprised to learn that I don't have to turn the system on and there are virtually no maintenance requirements. I'm saving money on my utility bills every month and I feel good about the contribution I'm making to help our environment."

"We are very pleased to win this award from SunPower as a result of our work with Coburn Development," said Independent Power Systems President Tony Boniface. "At the Holiday Neighborhood, Coburn has integrated high quality, sustainable features in their homes. SunPower solar systems were the perfect choice for this project because they offer the highest quality and highest efficiency on the market."

"We congratulate Independent Power Systems on winning this award, and are certainly very pleased to be working with them," said Coburn's Vice President of Development John Koval. "The five homes with SunPower systems sold twice as fast as comparable non-solar homes in the community."

The installed SunPower systems at the Holiday Neighborhood range in size from 3.4 to 5.2 kilowatts per house. Since completing those installations for Coburn, Independent Power Systems has partnered with the developer to provide solar power systems on additional projects in Colorado such as Crescent in Holiday Neighborhood, 1505 Pearl in downtown Boulder, and Penny Flats in Ft. Collins.

About Independent Power Systems

Independent Power Systems is a solar electric engineering and installation company in the Rocky Mountains. Based in Boulder, Colo., the company has been installing renewable energy systems for 11 years in residential, commercial, and remote environments. http://www.solarips.com

[meinolf67]

New Report Examines Supply, Demand and Shortages in EG SG Polysilicon Globally and in China from 2004 to 2012
New Report Examines Supply, Demand and Shortages in EG SG Polysilicon Globally and in China from 2004 to 2012DUBLIN, IrelandRESEARCH-AND-MARKETS
DUBLIN, Ireland--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/reports/c87084 has announced the addition of "2008 Deep Research Report on China Solar Grade Polysilicon Industry" to their offering.

"Deep Research Report on China Solar Grade Polysilicon Industry in 2008 Report" was published by the QY Research solar industry research centre in Jan 2008. It is a deep research report on solar grade polysilicon industry chain both globally and in China.
In this report, the following information will be included:

* Polysilicon Manufacturing Process and related technology information in Global and China;
* Polysilicon manufacturing capacity, production and expansions in Global and China from 2004 to 2012
* Market share of manufacturers in different regions through different technology (such as siemens);
* New polysilicon projects and related information about new comers in Global and China;
* Supply, demand and shortage in EG SG polysilicon in Global and China from 2004 to 2012
* Cost, price and profit margin of EG/SG Polysilicon in Global and China
* Polysilicon production and market share in USA, EU, Japan, China and other countries and regions
* Polysilicon manufacturing process, such as Siemens FBR Sliane Metallurgical
* Method, and its production and market share

12 items (such as revenue, production, technology, shareholders etc) of each manufacturer have been fully explained

* Feasibility of all new projects in the world and China
* Development trend (from 2008 to 2012) and related conclusions of polysilicon industry

Polysilicon is fairly popular in China and the world. Xinguang Guiye in Feb 2007, M.SETEK DCC in Dec 2007 have started their polysilicon commercial production and in 2009 HOKU Nitol will be the new comer in polysilicon industry, and these new comers will also bring about comparable capacity. As the growth of market demand is pretty much faster than the supply, so a polysilicon shortage will continue to exist in the coming years till 2012. The average selling price and spot market price of polysilicon will still be at a high level.

Though a lot of new projects have emerged in this industry, not all of them can get successful output because of technology problems; Siemens Method is the best one of all the polysilicon manufacturing process(such as FBR Sliane Metallurgical Method); therefore the Siemens Method of production will own more market share in the coming years. China is a new comer and a star in the global Polysilicon field , but its production will still only rank second (after the U.S.) in 2012. Though polysilicon manufacturing process is very difficult, still more and more manufacturers will enter into this industry for the high profit margin.

Companies Mentioned:

LDK(Jiangxi Xinyu City)

Asia Silicon(Qinghai Xining City)

Tongwei and Juxing[Yongxiang Polysilicon](Sichuan Leshan City)

Jiangsu Shunda(Jiangsu Yangzhou City)

Shenzhou Silicon(Inner Mongolia Huhhot)

Jiangsu Zhongneng(Jiangsu Xuzhou City)

Shenzhen Nanbo(Hubei Yichang City)

Ningxia Yangguang(Ningxia Shizuishan City)

Chaolei Guiye(Sichuan Chengdu City)

Aixin Silicon(Yunnan Qujin City)

Shanxi Tianhong Silicon(Shanxi Xianyang City)

Dalu Polysilicon Project(Inner Mongolia Huhhot)

Zhongjing Huaye Solar Polysilicon(Inner Mongolia Baotou)

Tangshan Silicon(Hebei Tangshan City)

Xuntianyu S&T(henan Nanyang Fangcheng)

Dawu Silicon Photovoltaic Industry Park(Hebei Xiaohuo Dawu)

Jinhua Smelting(Liaoning Jinzhou Linghai)

Jiangsu Daquan Group(Chongqing Wanzhou)

Trina Solar(Jiangsu Lianyungang)

Erdos(ErdosQipanjing)

JACO Solar(Fujian Xiamen)

Beijing Shunda Xinye Energy etc(Sichuan Meishan City)

Green Energy(UK)Investment etc(Sichuan Meisha City)

Shanghai Industry Investment Group(Heilongjiang Mudanjiang City)

Other Planning Projects(Liaoning Inner Mongolia etc)

[meinolf67]

MMA Renewable Ventures Finances SunPower Solar Systems at 14 Macy's Stores
Tuesday April 1, 8:00 am ET
Macy's, MMA Renewable Ventures, SunPower and Wells Fargo Team Up For Cost-Effective Clean Energy

SAN FRANCISCO, April 1, 2008 /PRNewswire-FirstCall/ -- MMA Renewable Ventures, LLC, a subsidiary of Municipal Mortgage & Equity, LLC ("MuniMae," Pink Sheets: MMAB) today announced that it has signed Power Purchase Agreements (PPAs) for 14 new solar electric systems at Macy's stores in California. MMA Renewable Ventures arranged equity investment for the first four systems through its Solar Fund III, a financing commitment with a subsidiary of Wells Fargo ("Wells Fargo," NYSE: WFC), under which Wells Fargo intends to fund 10-15 megawatts of solar energy projects nationwide.

ADVERTISEMENT
SunPower Corporation (Nasdaq: SPWR - News), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems is providing the systems. Through the SunPower Access(TM) PPA program, MMA Renewable Ventures will own the solar energy systems and sell market-competitive, predictably-priced electricity to Macy's in support of the retailer's commitment to environmental sustainability. The 14 systems financed by MMA Renewable Ventures are part of Macy's partnership with SunPower to install solar systems and provide energy efficiency upgrades on a total of 28 stores throughout California.

"Macy's has demonstrated remarkable leadership in promoting sustainable business practices through its statewide clean energy and energy efficiency measures," said Matt Cheney, CEO of MMA Renewable Ventures. "Today we are working with Macy's to prove that such pioneering efforts can be as good for a company's bottom line as they are for the environment."

"Forward-thinking companies are using power purchase agreements to benefit from the use of clean, renewable solar power," said SunPower Chief Executive Officer Tom Werner. "Macy's is combining energy efficiency upgrades with a significant commitment to solar power, financed by MMA Renewable Ventures, to reduce greenhouse gas emissions easily and affordably."

"Our investment in this Solar Fund is part of our broader strategy to finance and support business opportunities that help accelerate a transition toward a sustainable energy economy," said Barry Neal, Wells Fargo's Director of Environmental Finance.

MMA Renewable Ventures' customized PPA solutions eliminate the upfront cost of solar energy systems and ongoing responsibilities of system maintenance for energy customers like Macy's. As a third-party system owner, MMA manages project risk and optimizes incentives and other financial factors to make the new solar energy systems a cost effective source of clean energy. Leveraging its deep expertise in project finance and energy system operations, MMA Renewable Ventures is able to deliver a long-term contract for power that offers customers immediate energy savings and a long-term hedge against future pricing volatility.

[meinolf67]

SunPower Announces First-Quarter Results on April 17, 2008; Annual Meeting on May 8th

Events to be Webcast at: http://investors.sunpowercorp.com/events.cfm

SAN JOSE, Calif., April 2, 2008, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWR) will announce its first-quarter earnings in a conference call on Thursday, April 17th at 10:30 a.m. Pacific Time. The call-in number is 517-623-4618, passcode SunPower, for interested parties wanting to participate in the quarterly conference call. Additionally, SunPower will host its Annual Stockholders' Meeting on Thursday, May 8th at 12:00 noon Pacific Time at Cypress's headquarters, located at 198 Champion Court in San Jose, Calif.

These events will be web cast and can be accessed from SunPower's web site at http://investors.sunpowercorp.com/events.cfm.

Full text of the press release and supplemental financial information will be made available on the SunPower web site at http://investors.sunpowercorp.com/events.cfm on the morning of the conference call.

[dicki31785]

hier ist aber ruhig ist denn keiner in spwr investiert???naja ich bin zufrieden mit der performance...was denkt ihr kommt als naechstes...geht die rally weiter oder ein verschaufspause?die chart sieht ziehmlich overbought aus...aber so sah sie auch schon gestern aus und es ging weiter nach oben...mfg CW

[dicki31785]

SunPower Corp.: strong buy (Raymond James Financial, Inc. )
St. Petersburg (aktiencheck.de AG) - Pavel Molchanov, Analyst von Raymond James, stuft die Aktie von SunPower (ISIN US8676521094 (News)/ WKN A0HHD1) unverändert mit "strong buy" ein und bestätigt das Kursziel von 120 USD.

In der letzten Woche seien von US-Versorgern vier große Solarprojekte angekündigt worden, wovon zwei in die Kategorie Solarthermal und zwei in den Bereich Photovoltaik (PV) fallen würden.

Es stelle sich die Frage, welche PV-Unternehmen besonders profitieren könnten. Auf Grund der führenden Marktposition sei SunPower ganz klar ein solches Unternehmen. Das Downstream-Geschäft des Unternehmens stelle ein sehr wichtiges Differenzierungsmerkmal gegenüber der Peer Group dar.

Für die Aktie spreche die überlegene Performance der Produkte zusammen mit dem vertikal integrierten Geschäftsmodell. Die Polysilizium-Versorgung sei für 2008 und 2009 gesichert.

Vor diesem Hintergrund bewerten die Analysten von Raymond James die Aktie von SunPower weiterhin mit dem Votum "strong buy". (Analyse vom 02.04.08)
(02.04.2008/ac/a/a)
Analyse-Datum: 02.04.2008

[dicki31785]

Antwort auf Beitrag Nr.: 33.797.790 von dicki31785 am 03.04.08 12:34:46

So...Verkauft(ca. 91$)...Wie auch CSIQ und STP...die charts sind alle heissgelaufen...denke jetzt muesste mal die verschnaufspause kommen...wird sich zeigen ob ich recht habe wenn nicht (falls es so weiter laueft wie in den letzten wochen) wird es realtiv teuer spaeter wieder reinzukommen...schaun wir malmfg CW

[dicki31785]

http://seekingalpha.com/article/71416-stocks-with-biggest-ga…

[nicolani]

kann jemand mal den realtime-chart von advfn mit umsatz reinstellen, im voraus besten dank

[Dere]

SunPower Profit, Sales May Rise to a Record on Solar Demand

By Christopher Martin
Enlarge Image/Details

April 16 (Bloomberg) -- SunPower Corp., the second-biggest U.S. solar-cell maker, may report a record profit after rising oil and gas costs increased demand for alternative energy systems from Italy to California.

First-quarter net income probably rose to $12 million, or 14 cents a share, from $1.2 million, or 2 cents, a year earlier, according to the average of 12 analyst estimates compiled by Bloomberg. Sales likely soared 71 percent to $245 million, the data show.

Chief Executive Officer Thomas Werner oversaw the takeover of Italy's Solar Solutions, sold an eight-megawatt panel system in Spain and agreed to supply seven Wal-Mart Stores Inc. sites in California. SunPower, the first publicly traded U.S. solar company to announce results, may be followed by gains at First Solar Inc. and China's Suntech Power Holdings Co.

``SunPower is leading the pack in terms of efficiency and profitability,'' said Kevin Landis, chief investment officer at Firsthand Capital Management in San Francisco, which holds $750 million of investments including Suntech, Trina Solar Ltd. and SunPower's majority owner Cypress Semiconductor Corp. ``The whole industry is deep into a period of significant growth.''

SunPower, based in San Jose, California, has fallen 28 percent this year to $94.42 in Nasdaq composite trading, compared with the 16 percent drop in the PowerShares Global Clean Energy Portfolio. First Solar has gained 7.6 percent and Suntech has tumbled 45 percent.

Record oil and coal costs, as well as concern that increased use of fossil fuels is feeding global warming, have propelled solar power growth by 40 percent a year over the past four years, a pace that analysts expect will continue as manufacturers drive down costs.

Cutting Costs

Werner plans to reduce the cost of making solar cells 50 percent by 2012 by reducing use of polysilicon, the most expensive component, increasing production, and by making panels easier to install. SunPower, which reports tomorrow, declined to comment before then, said Helen Kendrick, a spokeswoman.

The company says its solar cells are the world's most efficient, converting up to 22 percent of absorbed sunlight into electricity, compared with about 15 percent for standard photovoltaic modules. Germany, SunPower's largest market with about half of 2006 sales, has been losing ground to the U.S. and Spain, analysts say.

``SunPower has a lot of exposure to Spain so their comments on the outlook there will be a very important indicator for the industry,'' said John Hardy, an analyst at American Technology Research in Greenwich, Connecticut. ``We also want to hear what they forecast for Italy, which seems to be southern Europe's heir apparent to Spain.''

Doubling Output

SunPower plans to more than double output to 250 megawatts this year and exceed 430 megawatts in 2009 with new factories in the Philippines. The company last year raised its ranking among the world's solar cell producers to eighth from 11th, according to industry publisher Prometheus Institute.

``We're looking to see who's got the best polysilicon contracts, because that will tell us who's going to make their growth targets, and who might not,'' Firsthand's Landis said in an interview.

SunPower agreed to a 10-year contract with NorSun AS of Norway on Jan. 16 to purchase enough polysilicon to build 2,500 megawatts of panels.

Phoenix-based First Solar, the largest U.S. solar power manufacturer by market value, is expected to earn $35 million, or 44 cents, in the first quarter, up from $5 million, or 7 cents, a year earlier, according to data compiled by Bloomberg.

Suntech's first-quarter profit is expected to almost double to $50 million, or 29 cents a share, from $26 million, or 16 cents, a year earlier, the data show.

Evergreen Solar Inc., which reports after the close of trading tomorrow, is expected to have a loss of 7 cents a share, smaller than the 9-cent loss a year earlier.

To contact the reporter on this story: Christopher Martin in New York at [e-mail].

[dicki31785]

The company's chip business continued to win contracts "despite enduring what we see as the bottom quarter of the current slowdown," Rodgers said.

He also noted that Cypress' SunPower solar panel component business had a "great quarter" with sales up 92 percent to $274 million compared with the same quarter in 2007.

Naja die $274 millionen sehen schonmal positiv aus...mal sehen wie hoch der net income sein wird?!?

[dicki31785]

So nachdem CY ergebnisse praesntiert hat ist nun auch spwr dran...

Press Release Source: SunPower Corporation

SunPower Reports First-Quarter 2008 Results
Thursday April 17, 8:00 am ET
Company Raises FY 2008 Guidance
- Generated first quarter 2008 revenue of $274 million, up 92% year-on-year
- Achieved $0.15 GAAP net income share, $0.39 Non-GAAP
- Extended VAR dealer network by more than 50 dealers in Germany, Italy and Spain
- Expanded relationships to further penetrate both the Japanese and Korean markets
- Received silicon from M.Setek and DC Chemical on target

SAN JOSE, Calif., April 17 /PRNewswire-FirstCall/ -- SunPower Corporation (Nasdaq: SPWR - News) today announced financial results for the first quarter 2008, which ended March 30, 2008. This press release contains both GAAP and non-GAAP financial information. Non-GAAP figures are reconciled to the closest GAAP equivalent figures on the final page of this press release. Please note that the company has posted additional, supplemental information related to its first quarter 2008 performance on the Events and Presentations section of the Investor Relations page on the SunPower website.

ADVERTISEMENT
click here
Revenue for the 2008 first quarter was $273.7 million, up 22% from prior-quarter revenue of $224.3 million and up 92% from year-ago first-quarter revenue of $142.3 million. The Components and Systems segments accounted for 35% and 65% of first-quarter revenue, respectively.

For reporting purposes, the Systems segment generally represents products and services sold directly to the system owner, while the Components segment primarily represents products sold to installers and resellers. Additionally, both SunPower and third-party solar panels sold through the Systems segment channels are recorded as Systems segment revenue.

On a GAAP basis, SunPower reported gross margin of 19.5%, total operating income of $14.8 million and diluted net income per share of $0.15. These figures include non-cash operating expenses for amortization of purchase accounting intangible assets of $4.3 million and non-cash, stock-based compensation of $14.5 million. Additionally, for the three months ended March 30, 2008, GAAP cost of revenue includes $2.2 million of one-time asset impairment charges relating to the discontinuation of our imaging detector product line and $3.3 million for write-offs of certain solar manufacturing equipment which became obsolete due to new processes.

On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets, stock-based compensation, asset impairments and equipment write-offs, SunPower reported total gross margin of 24.0%, operating income of $39.1 million and diluted net income per share of $0.39. This compares with prior-quarter non-GAAP gross margin of 25.3%, total operating income of $32.4 million and $0.39 diluted net income per share. The first quarter's non-GAAP gross margin was influenced by a higher mix of revenue from our Systems segment which posted a gross margin of 23.3% for that quarter and our Component segment's 200 basis points sequential improvement over the 2007 fourth quarter gross margin to 25.4%. Our Component segment's gross margin benefitted from higher volume and modestly higher average selling prices. The increase in Components gross margin was tempered by stable silicon costs, rather than expected slightly declining silicon costs, as we secured incremental silicon supply to improve factory linearity in the first and second quarters of 2008. Looking forward to the second quarter, we expect our first meaningful reduction in average silicon cost which will contribute to our estimated 510 to 610 basis point improvement in our Component segment's gross margin.

"Our first quarter performance reflects the value our customers attribute to SunPower's high-performance solar solutions," said Tom Werner, SunPower's CEO. "SunPower's market leadership will continue to be driven through our focus on brand, technology, cost and people. We are building a strong brand based on sound fundamentals: the world's highest performance solar technology, deployed aggressively across the leading global markets using scalable, responsive channel platforms.

"During the first quarter of 2008, SunPower demonstrated the strength of its channel diversification. Our dealer network continued to expand, not only in the United States, but also in three key European markets as well: Germany, Italy and Spain. We now have more than 200 dealers serving residential and commercial rooftop markets globally with a rapidly increasing presence in Europe. In Asia, we expanded our customer footprint with our first volume shipments into Japan and shipment of components to Samsung in Korea. Our vertical integration strategy provides us with the visibility and flexibility to serve a variety of end-markets, responding quickly to both new market opportunities as well as risks.

"SunPower is positioned to meet the needs of the market with industry-leading solar technology across the entire customer spectrum -- from large-scale systems designed for utilities and large commercial clients to homeowners. Our proprietary technology delivers the highest output per unit area of any commercially available solar system and we intend to leverage this technology by aggressively expanding our solar cell production by more than 150% in 2008 compared to 2007. This scale, combined with lower silicon costs, higher efficiencies, thinner wafers and on-going quality and cost improvements in our factories, will drive unit cost reduction. During the first quarter of 2008, we continued to meet or exceed our manufacturing targets across both of our fabs and our panel manufacturing facility. First quarter accomplishments include:

-- The capacity ramp at Fab 2 remains on schedule and is expected to be
completed by the end of 2009;
-- Almost half of cell production was Gen2 solar cell technology with a
minimum conversion efficiency of 22%;
-- Conversion from 165 micron to 145 micron wafers remains on schedule
with 100% of solar cell lines expected to be using thinner wafers by
year-end 2008;
-- Silicon utilization improved to 6.3 grams per watt due to higher
average solar cell efficiency and thinner wafers;
-- The fourth solar panel manufacturing line completed its production ramp
allowing the company to produce more than half of its panels in-house;
-- The SunPower® T20 Tracker manufacturing facility in Spain entered
volume production, supporting more than 45 MW of power plant projects
currently under construction. The T20 Tracker generates up to 30% more
energy than fixed-tilt systems and has been customized for the European
market;
-- The first European commercial market installation was completed using
our non-roof penetrating, rapid assembly SunPower® T10 Solar Roof
Tile product.


"SunPower has pursued a portfolio strategy for silicon procurement, using a combination of short, intermediate and long-term supply agreements and a variety of incumbent suppliers as well as new entrants. We have not assumed technology risk for new polysilicon refining techniques. Our solar cell and panel manufacturing expansion plans are predicated on risk-adjusted, contracted silicon. We believe that 100% of our projected solar cell production is secured with contracted silicon through 2010."

SunPower's Silicon Supply Agreement Position and Capacity Expansion Plan

2008 2009 2010
Beginning of Year, Nameplate
Capacity (megawatts) 214 414 574
Annual Production Capacity
Supported by Silicon
Agreements to Date (megawatts) 255 450+ 650+



"We expect SunPower's silicon supply costs to decline by approximately 10% during 2008 compared to 2007," continued Werner. "This cost improvement will amplify our silicon utilization benefits achieved through higher cell efficiency and thinner wafers. We are on track to achieve our planned improvements in our cost structure, and therefore we expect to reach our target financial model of 30% gross margin, 10% operating expenses and 20% operating margin, on a non-GAAP basis, no later than the first quarter of 2009. We are also on track to realize our mission of reducing installed systems cost by 50% by 2012.

"Based on the strong demand trends we saw in the first quarter of 2008, we are raising our guidance for the fiscal year 2008 and expect the following non-GAAP results: Total revenue of $1.3 billion to $1.375 billion, diluted net income per share of $2.10 to $2.20. We are also reconfirming our 2009 forecast for total revenue to increase at least 40% from 2008 levels. Consistent with our practice of offering guidance for the current quarter, we expect second quarter of 2008 non-GAAP total revenue of $330 million to $350 million, company non-GAAP gross margin of 23% to 24% and non-GAAP diluted net income per share of $0.48 to $0.52, reflecting a higher non-GAAP average tax rate of 24% to 25% in 2008 as compared to the tax rate in 2007 which ended at 11.0%(1).

"On a business segment basis, we expect the following non-GAAP results for the second quarter 2008: Components segment revenue of $95 million to $100 million, driven by a planned increase in allocation of SunPower panels to the Systems segment, and gross margin of 30.5% to 31.5%; Systems segment revenue of $235 million to $250 million and gross margin of 20% to 21%," said Werner. "We expect the Components segment to benefit from the continued manufacturing ramp of our next-generation technology and lower silicon cost and the Systems segment to benefit from an increase in allocation of SunPower panels to the segment during the quarter(2)."

About SunPower

SunPower Corporation (Nasdaq: SPWR - News) designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY - News).

(1) For the full year 2008, we expect the following total company GAAP results: Revenue of $1.3 billion to $1.375 billion and diluted net income per share of $1.10 to $1.20. For the second quarter of 2008, we expect the following total company GAAP results: Revenue of $330 million to $350 million; gross margin of approximately 21 percent to 22 percent and diluted net income per share of $0.24 to $0.28, reflecting a higher GAAP average tax rate of 33% to 34% in 2008.

(2) For the second quarter of 2008, we expect the Components business segment to generate GAAP revenue of $95 million to $100 million and gross margin of approximately 28 percent to 29 percent and the Systems business segment to generate GAAP revenue of $235 million to $250 million and gross margin of approximately 18.5 percent to 19.5 percent.

[dicki31785]

So Revenue 273.7 analysten hatten 245 millionen erwartet und Net Income war 15 cents vergliechen mit den 14 cents die erwartet worden...wie auch immer die erwartungen worden uebertroffen fuer dieses Q...zwar nicht grossartig uebertroffen aber auf keinen fall schlecht...mfg CW

[Dere]

SPWR gehört ja nicht unbedingt zu meinen Favoriten aber die Zahlen und
der Ausblick sind wirklich nicht von schlechten Eltern...

Läßt viel Fantasie für die Earnings der chin. Solarwerte zu.

---------------


SunPower boosts 2Q, 2008 outlook above Wall St. estimates
April 17, 2008 9:15 AM ET



SAN JOSE, Calif. (AP) - Solar power products maker SunPower Corp. on Thursday raised its second-quarter and full-year profit outlook above Wall Street expectations on expectations for strong demand.

SunPower said it expects to earn 48 cents to 52 cents per share in the second quarter, above Wall Street's average forecast of 46 cents per share, on average. Analysts' forecasts range from 41 cents to 58 cents per share.

SunPower said it expects second-quarter revenue of $330 million to $350 million. Analysts predict $295 million, according to Thomson.

For the full year, the company said it now expects 2008 profit between $2.10 and $2.20 per share on revenue of $1.3 billion to $1.38 billion. In January, SunPower predicted earnings between $2 and $2.10 per share.

Analysts expect 2008 net income of $2.07 per share and revenue of $1.27 billion, according to Thomson.

All the figures are adjusted to exclude special items.

SunPower also said its first-quarter profit rose more than 11-fold as sales in both its divisions increased and selling prices strengthened at its components unit.

SunPower shares fell $5.08, or 5.1 percent, to $94.50 in premarket trading.

[meinolf67]

SunPower Reports First-Quarter 2008 Results

Company Raises FY 2008 Guidance
- Generated first quarter 2008 revenue of $274 million, up 92% year-on-year
- Achieved $0.15 GAAP net income share, $0.39 Non-GAAP
- Extended VAR dealer network by more than 50 dealers in Germany, Italy and Spain
- Expanded relationships to further penetrate both the Japanese and Korean markets
- Received silicon from M.Setek and DC Chemical on target

SAN JOSE, Calif., April 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR) today announced financial results for the first quarter 2008, which ended March 30, 2008. This press release contains both GAAP and non-GAAP financial information. Non-GAAP figures are reconciled to the closest GAAP equivalent figures on the final page of this press release. Please note that the company has posted additional, supplemental information related to its first quarter 2008 performance on the Events and Presentations section of the Investor Relations page on the SunPower website.

Revenue for the 2008 first quarter was $273.7 million, up 22% from prior-quarter revenue of $224.3 million and up 92% from year-ago first-quarter revenue of $142.3 million. The Components and Systems segments accounted for 35% and 65% of first-quarter revenue, respectively.

For reporting purposes, the Systems segment generally represents products and services sold directly to the system owner, while the Components segment primarily represents products sold to installers and resellers. Additionally, both SunPower and third-party solar panels sold through the Systems segment channels are recorded as Systems segment revenue.

On a GAAP basis, SunPower reported gross margin of 19.5%, total operating income of $14.8 million and diluted net income per share of $0.15. These figures include non-cash operating expenses for amortization of purchase accounting intangible assets of $4.3 million and non-cash, stock-based compensation of $14.5 million. Additionally, for the three months ended March 30, 2008, GAAP cost of revenue includes $2.2 million of one-time asset impairment charges relating to the discontinuation of our imaging detector product line and $3.3 million for write-offs of certain solar manufacturing equipment which became obsolete due to new processes.

On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets, stock-based compensation, asset impairments and equipment write-offs, SunPower reported total gross margin of 24.0%, operating income of $39.1 million and diluted net income per share of $0.39. This compares with prior-quarter non-GAAP gross margin of 25.3%, total operating income of $32.4 million and $0.39 diluted net income per share. The first quarter's non-GAAP gross margin was influenced by a higher mix of revenue from our Systems segment which posted a gross margin of 23.3% for that quarter and our Component segment's 200 basis points sequential improvement over the 2007 fourth quarter gross margin to 25.4%. Our Component segment's gross margin benefitted from higher volume and modestly higher average selling prices. The increase in Components gross margin was tempered by stable silicon costs, rather than expected slightly declining silicon costs, as we secured incremental silicon supply to improve factory linearity in the first and second quarters of 2008. Looking forward to the second quarter, we expect our first meaningful reduction in average silicon cost which will contribute to our estimated 510 to 610 basis point improvement in our Component segment's gross margin.

"Our first quarter performance reflects the value our customers attribute to SunPower's high-performance solar solutions," said Tom Werner, SunPower's CEO. "SunPower's market leadership will continue to be driven through our focus on brand, technology, cost and people. We are building a strong brand based on sound fundamentals: the world's highest performance solar technology, deployed aggressively across the leading global markets using scalable, responsive channel platforms.

"During the first quarter of 2008, SunPower demonstrated the strength of its channel diversification. Our dealer network continued to expand, not only in the United States, but also in three key European markets as well: Germany, Italy and Spain. We now have more than 200 dealers serving residential and commercial rooftop markets globally with a rapidly increasing presence in Europe. In Asia, we expanded our customer footprint with our first volume shipments into Japan and shipment of components to Samsung in Korea. Our vertical integration strategy provides us with the visibility and flexibility to serve a variety of end-markets, responding quickly to both new market opportunities as well as risks.

"SunPower is positioned to meet the needs of the market with industry-leading solar technology across the entire customer spectrum -- from large-scale systems designed for utilities and large commercial clients to homeowners. Our proprietary technology delivers the highest output per unit area of any commercially available solar system and we intend to leverage this technology by aggressively expanding our solar cell production by more than 150% in 2008 compared to 2007. This scale, combined with lower silicon costs, higher efficiencies, thinner wafers and on-going quality and cost improvements in our factories, will drive unit cost reduction. During the first quarter of 2008, we continued to meet or exceed our manufacturing targets across both of our fabs and our panel manufacturing facility. First quarter accomplishments include:

-- The capacity ramp at Fab 2 remains on schedule and is expected to be
completed by the end of 2009;
-- Almost half of cell production was Gen2 solar cell technology with a
minimum conversion efficiency of 22%;
-- Conversion from 165 micron to 145 micron wafers remains on schedule
with 100% of solar cell lines expected to be using thinner wafers by
year-end 2008;
-- Silicon utilization improved to 6.3 grams per watt due to higher
average solar cell efficiency and thinner wafers;
-- The fourth solar panel manufacturing line completed its production ramp
allowing the company to produce more than half of its panels in-house;
-- The SunPower(R) T20 Tracker manufacturing facility in Spain entered
volume production, supporting more than 45 MW of power plant projects
currently under construction. The T20 Tracker generates up to 30% more
energy than fixed-tilt systems and has been customized for the European
market;
-- The first European commercial market installation was completed using
our non-roof penetrating, rapid assembly SunPower(R) T10 Solar Roof
Tile product.



"SunPower has pursued a portfolio strategy for silicon procurement, using a combination of short, intermediate and long-term supply agreements and a variety of incumbent suppliers as well as new entrants. We have not assumed technology risk for new polysilicon refining techniques. Our solar cell and panel manufacturing expansion plans are predicated on risk-adjusted, contracted silicon. We believe that 100% of our projected solar cell production is secured with contracted silicon through 2010."

SunPower's Silicon Supply Agreement Position and Capacity Expansion Plan

2008 2009 2010
Beginning of Year, Nameplate
Capacity (megawatts) 214 414 574
Annual Production Capacity
Supported by Silicon
Agreements to Date (megawatts) 255 450+ 650+




"We expect SunPower's silicon supply costs to decline by approximately 10% during 2008 compared to 2007," continued Werner. "This cost improvement will amplify our silicon utilization benefits achieved through higher cell efficiency and thinner wafers. We are on track to achieve our planned improvements in our cost structure, and therefore we expect to reach our target financial model of 30% gross margin, 10% operating expenses and 20% operating margin, on a non-GAAP basis, no later than the first quarter of 2009. We are also on track to realize our mission of reducing installed systems cost by 50% by 2012.

"Based on the strong demand trends we saw in the first quarter of 2008, we are raising our guidance for the fiscal year 2008 and expect the following non-GAAP results: Total revenue of $1.3 billion to $1.375 billion, diluted net income per share of $2.10 to $2.20. We are also reconfirming our 2009 forecast for total revenue to increase at least 40% from 2008 levels. Consistent with our practice of offering guidance for the current quarter, we expect second quarter of 2008 non-GAAP total revenue of $330 million to $350 million, company non-GAAP gross margin of 23% to 24% and non-GAAP diluted net income per share of $0.48 to $0.52, reflecting a higher non-GAAP average tax rate of 24% to 25% in 2008 as compared to the tax rate in 2007 which ended at 11.0%(1).

"On a business segment basis, we expect the following non-GAAP results for the second quarter 2008: Components segment revenue of $95 million to $100 million, driven by a planned increase in allocation of SunPower panels to the Systems segment, and gross margin of 30.5% to 31.5%; Systems segment revenue of $235 million to $250 million and gross margin of 20% to 21%," said Werner. "We expect the Components segment to benefit from the continued manufacturing ramp of our next-generation technology and lower silicon cost and the Systems segment to benefit from an increase in allocation of SunPower panels to the segment during the quarter(2)."

About SunPower

SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

(1) For the full year 2008, we expect the following total company GAAP results: Revenue of $1.3 billion to $1.375 billion and diluted net income per share of $1.10 to $1.20. For the second quarter of 2008, we expect the following total company GAAP results: Revenue of $330 million to $350 million; gross margin of approximately 21 percent to 22 percent and diluted net income per share of $0.24 to $0.28, reflecting a higher GAAP average tax rate of 33% to 34% in 2008.

(2) For the second quarter of 2008, we expect the Components business segment to generate GAAP revenue of $95 million to $100 million and gross margin of approximately 28 percent to 29 percent and the Systems business segment to generate GAAP revenue of $235 million to $250 million and gross margin of approximately 18.5 percent to 19.5 percent.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that do not represent historical facts. The company uses words and phrases such as "will," "to serve," "to meet," intend," "expected," "believe," "plan," "expect," "to achieve," "to realize," "to increase," and similar expressions to identify forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the company's plans and expectations regarding (a) the company's first meaningful reduction in average silicon cost, during the second fiscal quarter of 2008, contributing to the company's estimated 510 to 610 basis point improvement in Component segment's gross margin; (b) SunPower's market leadership continuing to be driven through the company's focus on brand, technology, cost and people; (c) the company's vertical integration strategy providing visibility and flexibility to serve a variety of end-markets, responding quickly to both new market opportunities as well as risks; (d) the company meeting the needs of the market with industry-leading solar technology across the entire customer spectrum; (e) the company leveraging its proprietary technology by aggressively expanding its solar cell production by more than 150% in 2008 compared to 2007; (f) unit cost reduction being driven by scale, combined with lower silicon costs, higher efficiencies, thinner wafers and on-going quality and cost improvements in the company's factories; (g) capacity ramp at Fab 2 completing by the end of 2009; (h) 100% of solar cell lines using thinner wafers by year-end 2008; (i) 100% of the company's solar cell production being secured with contracted silicon through 2010; (j) the company's future silicon supply expectations and capacity expansion plans, (k) the company's silicon supply costs declining by approximately 10% during 2008 compared to 2007; (l) cost improvements amplifying the company's silicon utilization benefits achieved through higher cell efficiency and thinner wafers; (m) the company's achieving its planned improvements in its cost structure; (n) the company reaching its target financial model of 30% gross margin, 10% operating expenses and 20% operating margin, on a non-GAAP basis, no later than the first quarter of 2009; (o) the company realizing its mission of reducing installed systems costs by 50% by 2012; (p) the company achieving certain GAAP and non-GAAP results, including (1) total revenue and diluted net income per share for fiscal year 2008, (2) total revenue for fiscal year 2009, (3) total revenue, gross margin, and diluted net income per share for the second quarter of fiscal year 2008, (4) the average tax rate for 2008, and (5) Components segment and Systems segment revenue and gross margin for the second quarter of fiscal year 2008; and (q) the Components segment benefiting from the continued manufacturing ramp of the company's next-generation technology and lower silicon cost and the Systems segment benefiting from an increase in allocation of SunPower panels to the segment during the second quarter of fiscal year 2008. These forward-looking statements are based on information available to the company as of the date of this release and management's current expectations, forecasts and assumptions, and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond the company's control. In particular, risks and uncertainties that could cause actual results to differ include (i) the company's ability to obtain a adequate supply of polysilicon, ingots and wafers to manufacture its products and the price it pays for such materials; (ii) business and economic conditions and growth trends in the solar power industry; (iii) the continuation of governmental and related economic incentives promoting the use of solar power; (iv) increases in the available supply of third party solar panels, (v) the continued availability of third-party financing arrangements for the company's customers; (vi) the company's ability to ramp new production lines and realize expected manufacturing efficiencies; (vii) unforeseen manufacturing equipment delays at the company's fabrication facilities and panel factories; (viii) the company's ability to utilize thinner wafers, reduce kerf loss and otherwise achieve anticipated improvements in polysilicon usage efficiency; (ix) production difficulties that could arise; (x) the success of the company's ongoing research and development efforts; (xi) the company's ability to compete with other companies and competing technologies; (xii) the potential renegotiation of or non-performance by parties to the company's supply and customer contracts; (xiii) the price and availability of third-party cells and solar panels; (xiv) liquidated damages or customer refunds for late installations arising on large scale solar projects (xv) unanticipated changes in the mix of balance of systems sales; and (xvi) other risks described in the company's Annual Report on Form 10-K for the year ended December 30, 2007, and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the company's views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Non-GAAP Measures

To supplement the consolidated financial results prepared under GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude items related to stock-based compensation, amortization of intangible assets, impairment of long-lived assets, fair value adjustments to deferred revenue, purchased in-process research and development expenses, write-off of unamortized debt issuance costs, and their related tax effects. Management does not consider these charges in evaluating the core operational activities of SunPower. Management uses these non-GAAP measures internally to make strategic decisions, forecast future results and evaluate SunPower's current performance. Most analysts covering SunPower use the non- GAAP measures as well. Given management's use of these non-GAAP measures, SunPower believes these measures are important to investors in understanding SunPower's current and future operating results as seen through the eyes of management. In addition, management believes these non-GAAP measures are useful to investors in enabling them to better assess changes in SunPower's core business across different time periods. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data and may be different from non-GAAP measures used by other companies.

Fiscal Periods

SunPower operates on a fiscal calendar comprised of four thirteen-week quarters that end at midnight Pacific Time on the Sunday nearest the calendar quarter-end.

SunPower is a registered trademark of SunPower Corp. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.

SUNPOWER CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

(Unaudited)

Mar. 30, Dec. 30,
2008 2007

ASSETS

Cash and cash equivalents $132,522 $285,214
Restricted cash 123,437 67,887
Investments 101,367 134,503
Accounts receivable, net 159,083 138,250
Costs and estimated earnings
in excess of billings 61,675 39,136
Inventories 188,203 140,504
Deferred project costs 7,101 8,316
Prepaid expenses and other assets 88,570 65,084
Advances to suppliers 164,678 161,220
Property, plant and equipment, net 420,124 377,994
Goodwill and other intangible assets, net 245,185 235,630

Total assets $1,691,945 $1,653,738


LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable $152,558 $119,869
Accrued and other liabilities 114,743 105,476
Convertible debt 425,000 425,000
Billings in excess of costs and
estimated earnings 28,251 69,900
Customer advances 69,810 69,403
Total liabilities 790,362 789,648
Stockholders' equity 901,583 864,090

Total liabilities and stockholders' equity $1,691,945 $1,653,738



SUNPOWER CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)

(Unaudited)

THREE MONTHS ENDED
Mar. 30, Apr. 1, Dec. 30,
2008 2007 2007

Revenue
Systems $178,851 $78,495 $123,912
Components 94,850 63,852 100,431

273,701 142,347 224,343

Cost of systems revenue 143,213 62,443 97,416
Cost of components revenue 77,168 47,479 79,745

220,381 109,922 177,161

Gross margin 53,320 32,425 47,182

Operating expenses:
Research and development 4,642 2,936 3,904
Selling, general and administrative 33,858 22,371 32,068
Purchased in-process research and
development -- 9,575 --

Total operating expenses 38,500 34,882 35,972

Operating income (loss) 14,820 (2,457) 11,210

Interest and other income (expense), net 2,970 1,139 (3,825)

Income (loss) before income taxes 17,790 (1,318) 7,385

Income tax provision (benefit) 5,033 (2,558) 2,509

Net income $12,757 $1,240 $4,876

Net income per share:
- Basic $0.16 $0.02 $0.06
- Diluted $0.15 $0.02 $0.06

Shares used in calculation of
net income per share:
- Basic 78,965 73,732 78,164
- Diluted 83,661 79,126 85,588



(In thousands, except per share data)
THREE MONTHS ENDED
Mar. 30, Apr. 1, Dec. 30,
2008 2007 2007
(Presented on a GAAP Basis)
Gross margin $53,320 $32,425 $47,182
Operating income (loss) 14,820 (2,457) 11,210
Net income per share:
-Basic 0.16 0.02 0.06
-Diluted 0.15 0.02 0.06



THREE MONTHS ENDED
Mar. 30, Apr. 1, Dec. 30,
2008 2007 2007
(Presented on a non-GAAP Basis)*
Gross margin $65,735 $41,577 $56,731
Operating income (loss) 39,134 25,465 32,357
Net income per share:
-Basic 0.41 0.32 0.43
-Diluted 0.39 0.29 0.39




About SunPower's Non-GAAP Financial Measures

To supplement its consolidated financial results presented in accordance with GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude non-cash items related to stock- based compensation expenses, amortization of intangibles, impairment of long- lived assets, fair value adjustments to deferred revenue, purchased in-process research and development expenses, write-off of unamortized debt issuance costs, and their related tax effects. The non-GAAP adjustments included herein are primarily the result of our acquisition of SunPower Corporation, Systems or SP Systems (formerly known as PowerLight Corporation) on January 10, 2007. The specific non-GAAP measures listed below are gross margin, operating income and net income per share. Management believes that each of these non-GAAP measures (gross margin, operating income and net income per share) are useful to investors by enabling them to better assess changes in each of these key elements of SunPower's results of operations across different reporting periods on a consistent basis, independent of these non- cash items. Thus, each of these non-GAAP financial measures provides investors with another method for assessing SunPower's operating results in a manner that is focused on its ongoing core operating performance, absent the effects of purchase accounting, stock-based compensation charges, impairment of long- lived assets and write-off of unamortized debt issuance costs. Management also uses these non-GAAP measures internally to assess the business and financial performance of current and historical results, for strategic decision making, forecasting future results and evaluating the Company's current performance. Many of the analysts covering SunPower also use these non-GAAP measures in their analyses. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data, the non-GAAP results should be reviewed together with the GAAP results and are not intended to serve as a substitute for results under GAAP, and may be different from non-GAAP measures used by other companies.

o Non-GAAP gross margin. The use of this non-GAAP financial measure
allows management to evaluate the gross margin of the company's core
businesses and trends across different reporting periods on a consistent
basis, independent of non-cash items including stock-based compensation
expenses, amortization of intangibles, impairment of long-lived assets and
fair value adjustments to deferred revenue. In addition, it is an
important component of management's internal performance measurement
process as it is used to assess the current and historical financial
results of the business, for strategic decision making, preparing budgets
and forecasting future results. Management presents this non-GAAP
financial measure to enable investors and analysts to evaluate our revenue
generation performance relative to the direct costs of revenue of
SunPower's core businesses.

o Non-GAAP operating income. The use of this non-GAAP financial measure
allows management to evaluate the operating results of the Company's core
businesses and trends across different reporting periods on a consistent
basis, independent of non-cash items including stock-based compensation
expenses, amortization of intangibles, impairment of long-lived assets,
and all other purchase accounting charges. In addition, it is an important
component of management's internal performance measurement process as it
is used to assess the current and historical financial results of the
business, for strategic decision making, preparing budgets and forecasting
future results. Management presents this non-GAAP financial measure to
enable investors and analysts to understand the results of operations of
the Company's core businesses and to compare our results of operations on
a more consistent basis against that of other companies in our industry.

o Non-GAAP net income per share. Management presents this non-GAAP
financial measure to enable investors and analysts to assess the Company's
operating results and trends across different reporting periods on a
consistent basis, independent of non-cash items including stock-based
compensation expenses, amortization of intangibles, impairment of
long-lived assets, write-off of unamortized debt issuance costs, all other
purchase accounting charges and the tax effects of these non-GAAP
adjustments. In addition, investors and analysts can compare the Company's
operating results on a more consistent basis against that of other
companies in our industry.

Non-Cash Items
o Stock-based compensation. Stock-based compensation relates primarily to
SunPower stock awards such as stock options and restricted stock.
Stock-based compensation is a non-cash expense that varies in amount from
period to period and is dependent on market forces that are difficult to
predict. As a result of this unpredictability, management excludes this
item from its internal operating forecasts and models. Management believes
that non-GAAP measures adjusted for stock-based compensation provide
investors with a basis to measure the company's core performance against
the performance of other companies without the variability created by
stock-based compensation.

o Amortization of intangibles. SunPower incurs amortization of
intangibles as a result of Cypress acquiring the company in November 2004,
in which Cypress' cost of purchased technology, patents, trademarks and a
distribution agreement is reflected in our financial statements. In
addition, SunPower incurs amortization of intangibles as a result of our
acquisitions, which includes purchased technology such as existing
technology, patents, brand names and trademarks. SunPower excludes these
items because these expenses are not reflective of ongoing operating
results in the period incurred. These amounts arise from prior
acquisitions and have no direct correlation to the operation of SunPower's
core businesses.

o Impairment of long-lived assets. SunPower incurred an impairment of
long-lived assets in the first quarter of fiscal 2008, which relates to
the discontinuation of our imaging detector product line and for the
write-off of certain solar manufacturing equipment which became obsolete
due to new processes. SunPower excluded this item because the expense is
not reflective of its ongoing operating results in the period incurred.
Excluding this data provides investors with a basis to compare the
company's performance against the performance of other companies without
non-cash expenses such as impairment of long-lived assets.

o Purchase accounting charges. Purchase accounting charges as a result of
prior acquisitions include: (1) amortization of intangibles, which
includes purchased technology related to acquisitions such as existing
technology, patents, brand names and trademarks; (2) fair value
adjustments to deferred revenue, which is an acquisition-related
adjustment that results in certain revenues never being recognized under
GAAP by either the acquiring company or the company being acquired and (3)
purchased in-process research and development expenses, which relates to
projects in process as of the acquisition date that have not reached
technological feasibility and are immediately expensed. These
acquisition-related charges are not factored into management's evaluation
of potential acquisitions or its performance after completion of
acquisitions, because they are not related to our core operating
performance, and the frequency and amount of such charges can vary
significantly based on the size and timing of acquisitions and the
maturities of the businesses being acquired. Excluding this data provides
investors with a basis to compare SunPower's performance against the
performance of other companies without the variability caused by purchase
accounting.

o Write-off of unamortized debt issuance costs. The market price trigger
condition was met for our senior convertible debentures in late December
2007, giving holders of the convertible debt the right to convert the
convertible debt in the first quarter of fiscal 2008. As a result,
SunPower accelerated the amortization of deferred debt issuance costs.
Excluding this non-cash charge provides investors with a basis to compare
SunPower's period-over-period operating results because the charge is not
reflective of SunPower's historical results or its expected future
expenses after such costs were fully amortized on January 2, 2008.

o Tax effect. This amount is used to present each of the amounts
described above on an after-tax basis with the presentation of non-GAAP
net income per share.



For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of GAAP results of operations measures to non-GAAP measures" set forth at the end of this release and which should be read together with the preceding financial statements prepared in accordance with GAAP.


SUNPOWER CORPORATION
RECONCILIATIONS OF GAAP MEASURES TO NON-GAAP MEASURES
(Unaudited)
(In thousands, except per share data)

STATEMENT OF OPERATIONS DATA:
THREE MONTHS ENDED
Mar. 30, Apr. 1, Dec. 30,
2008 2007 2007

GAAP gross margin $53,320 $32,425 $47,182
Fair value adjustment to deferred revenue -- 833 --
Amortization of intangible assets 3,212 6,069 6,185
Stock-based compensation expense 3,714 2,250 3,364
Impairment of long-lived assets 5,489 -- --
Non-GAAP gross margin $65,735 $41,577 $56,731

GAAP operating income (loss) $14,820 $(2,457) $11,210
Fair value adjustment to deferred revenue -- 833 --

Amortization of intangible assets 4,317 6,911 7,132
Stock-based compensation expense 14,508 10,603 14,015
Impairment of long-lived assets 5,489 -- --

Purchased in-process research
and development -- 9,575 --

Non-GAAP operating income $39,134 $25,465 $32,357



NET INCOME PER SHARE:
THREE MONTHS ENDED
Mar. 30, Apr. 1, Dec. 30,
2008 2007 2007

Basic:

GAAP net income per share $0.16 $0.02 $0.06
Reconciling items:
Stock-based compensation expense 0.18 0.15 0.18
Impairment of long-lived assets 0.07 -- --

Purchase accounting:
Fair value adjustment to deferred revenue -- 0.01 --
Amortization of intangible assets 0.06 0.09 0.09
Purchased in-process research
and development -- 0.13 --

Write-off of unamortized debt issuance costs 0.01 -- 0.11
Tax effect (0.07) (0.08) (0.01)
Non-GAAP net income per share $0.41 $0.32 $0.43

Diluted:
GAAP net income per share $0.15 $0.02 $0.06
Reconciling items:
Stock-based compensation expenses 0.18 0.12 0.16
Impairment of long-lived assets 0.07 -- --

Purchase accounting:
Fair value adjustment to deferred revenue -- 0.01 --

Amortization of intangible assets 0.05 0.09 0.08
Purchased in-process research
and development -- 0.12 --
Write-off of unamortized debt issuance costs 0.01 -- 0.10
Tax effect (0.07) (0.07) (0.01)

Non-GAAP net income per share $0.39 $0.29 $0.39

Shares used in calculation of GAAP
net income per share:
- Basic 78,965 73,732 78,164
- Diluted 83,661 79,126 85,588

Shares used in calculation of non-GAAP
net income per share:
-Basic 78,965 73,732 78,164
-Diluted 83,661 79,126 85,588



The following supplemental data represents the individual charges and
credits that are excluded from SunPower's non-GAAP financial measures for each
period presented in the Condensed Consolidated Statements of Operations
contained herein.


SUPPLEMENTAL DATA
(In thousands)

THREE MONTHS ENDED

March 30, 2008
Selling Other Interest
Research general Aqui- and Income
Gross Margin and and sition other tax
Compo- develo- admini- Related income, provision
Systems nents pment strative Charges net (benefit)

Amortization
of
intangible
assets $2,168 $1,044 $ -- $1,105 $-- $-- $--
Stock-based
compensation
expense 2,511 1,203 811 9,983 -- -- --
Impairment of
long-lived
assets 1,343 4,146 -- -- -- -- --
Write-off of
unamortized
debt issuance
costs -- -- -- -- -- 972 --
Tax effect -- -- -- -- -- -- (5,483)
$6,022 $6,393 $811 $11,088 $-- $972 $(5,483)



April 1, 2007
Selling Other Interest
Research general Aqui- and Income
Gross Margin and and sition other tax
Compo- develo- admini- Related income, provision
Systems nents pment strative Charges net (benefit)
Fair value
adjustment
to deferred
revenue $833 $-- $-- $-- $-- $-- $--
Amortization
of intangible
assets 4,946 1,123 -- 842 -- -- --
Stock-based
compensation
expense 1,997 253 501 7,852 -- -- --
Purchased
in-process
research
and
development -- -- -- -- 9,575 -- --
Tax effect -- -- -- -- -- -- (5,884)
$7,776 $1,376 $501 $8,694 $9,575 $-- $(5,884)


December 30, 2007
Selling Other Interest
Research general Aqui- and Income
Gross Margin and and sition other tax
Compo- develo- admini- Related income, provision
Systems nents pment strative Charges net (benefit)
Amortization
of
intangible
assets $4,788 $1,397 $-- $947 $-- $-- $--
Stock-based
compensation
expense 1,952 1,412 564 10,087 -- -- --
Write-off of
unamortized
debt issuance
costs -- -- -- -- -- 8,260 --
Tax effect -- -- -- -- -- -- (993)
$6,740 $2,809 $564 $11,034 $-- $8,260 $(993)


SOURCE SunPower Corporation

[Langen63]

Ich steig da nicht durch, ... eine ellenlange Nachricht, Gute Zahlen und dann fast 13% tiefroter Tageskurs. Erklär mal ???
Gruß Langen

[dicki31785]

Antwort auf Beitrag Nr.: 33.913.449 von Langen63 am 17.04.08 22:26:07

Da musst du dir einfach den kursanstieg der letzten paar(aber besonders der letzten) woche(n) angucken...da waren sehr viele spekulative anleger drin...die auf noch bessere zahlen gewartet haben...und auch noch ordentlich short sellers....

wie auch immer after hours wieder sehr starck....naja hoffe auf einen schwachen start morgen...und dann wird eine riesige position aufgebaut...mfg CW

[meinolf67]

SunPower falls; analyst says outlook language may be culprit
Thursday April 17, 7:14 pm ET
SunPower shares fall as co. tweaks forecast language; one analyst seeks more detail on margins

NEW YORK (AP) -- Shares of SunPower Corp., which have gained about 80 percent in a month, fell Thursday even as it offered a strong first-quarter report and said it expects similar prospects for the foreseeable future.

ADVERTISEMENT
In a research note issued before regular trading began, Cowen and Co. analyst Rob Stone, said some investors may react negatively to a slight change in the wording of its 2009 revenue forecast. The company said it expects 2009 revenue to grow "at least 40 percent." It previously predicted 2009 sales growth of "40 percent to 50 percent."

Shares fell $12.78, or 12.8 percent, to close at $86.80. In the last 52 weeks shares have ranged from $51 to $164.49. Since March 17 shares have soared from $54.95 to $99.58 at Tuesday's regular market close.

Stone noted that the "40 percent minimum is off a higher 2008 base so they are in fact guiding higher. And they also increased their production target." He rates the shares "Outperform" and suggested that investors buy on weakness.

Calyon Securities analyst Kelly Dougherty, in a client note, said she needed clarification about margins in the company' systems business and hoped to get more insight during the company's early afternoon conference call.

She has a "Buy" rating on the stock and a $120 price target.

[meinolf67]

SunPower increasing solar cell capacity by 150 percent in 2008
17 April 2008 - News


SunPowerIn announcing financial results for the first quarter of 2008, SunPower Corporation stated that it would be increasing solar cell capacity by 150 percent in 2008, compared to capacity levels in 2007. The company also said that nearly half of its cell production was its ‘Gen2’ solar cell technology that has a minimum conversion efficiency of 22 percent.

“Our proprietary technology delivers the highest output per unit area of any commercially available solar system and we intend to leverage this technology by aggressively expanding our solar cell production by more than 150 percent in 2008 compared to 2007,” commented Tom Werner, SunPower's CEO, in a financial statement. “This scale, combined with lower silicon costs, higher efficiencies, thinner wafers and on-going quality and cost improvements in our factories, will drive unit cost reduction. During the first quarter of 2008, we continued to meet or exceed our manufacturing targets across both of our fabs and our panel manufacturing facility.”

The company also noted that it has secured 100 percent of its required polysilicon supply through 2010 to meet its revised capacity expansion plans. Last year, SunPower projected that production would top 250MW in 2008. However, revised figures revealed by the company show that figure to be 255MW for 2008.

The same is true for 2009. SunPower previously stated that it would produce 430MW in 2009; that figure has been raised to 450MW-plus. For 2010, the company is still expecting production of 650MW-plus, but has not adjusted the baseline figure upwards.

SunPower also reiterated that its capacity ramp at Fab 2 remained on schedule and was expected to be completed by the end of 2009. Its fourth solar panel manufacturing line had also completed its production ramp allowing the company to produce more than half of its PV panels in-house.

[meinolf67]

SunPower Deflowered
By Toby Shute April 18, 2008

2 Recommendations

Last quarter, I had some choice words about SunPower's (Nasdaq: SPWR) cloudy communications. I suspect a similar issue socked the company's shares yesterday.

All in all, first-quarter results looked strong. Both the components and the systems segments beat revenue guidance, and SunPower hiked sales and earnings guidance for the full year. Thanks to thinner wafers and bleeding-edge cell efficiencies, the company's polysilicon intensity, in terms of grams per manufactured watt, continued its decline.

SunPower's usage of 6.3 grams/watt is light for a traditional photovoltaic player. To my knowledge, it's surpassed only by Evergreen Solar's (Nasdaq: ESLR) String Ribbons and, of course, the non-silicon based thin film modules offered by the likes of First Solar (NYSE: FSLR). SunPower's silicon weaning is just one of the methods by which it aims to halve installed system costs by 2012.

Polysilicon supply also exceeded expectations, helping the company crank out 20% more megawatts' worth of modules sequentially. The company's recently installed manufacturing lines primarily drove volume gains, but ample raw material supply made the new lines' ramp-up really rock n' roll.

Despite the solid silicon supply, poly costs didn't dip as anticipated, hurting gross margins in the components business. SunPower reassured everyone that it still sees polysilicon prices pulling back over the course of 2008, taming those costs to the tune of 10%.

The company's shares opened moderately lower on these results, perhaps on word of majority owner Cypress Semiconductor's (NYSE: CY) spinoff of its SunPower stake. The stock really dove during the midday conference call, however. That's when SunPower's CFO let everyone know that the third quarter is likely to come in flat compared to the second.

I don't know why folks would freak out about this -- a similar thing happened last quarter, when margins strengthened sequentially while revenue eased. This is exactly what will happen in the third quarter, when more components are internally allocated to SunPower's systems.

The fact that an analyst on the call had to clarify that this allocation shift was lowering third-quarter revenue indicates that misunderstanding these future flattish revenues is probably pervasive. SunPower made a mistake by briefly looking ahead to its third quarter, which looks limp in isolation. As the company itself noted, project bookings are viewed on a two- to three-quarter basis.

I can only wish that this tantrum by Mr. Market will encourage SunPower to abandon quarterly guidance in favor of half-yearly forecasts.

SunPower is rated a middle-of-the road three stars in Motley Fool CAPS. Click right here to weigh in -- our stock picking community is totally free!

[meinolf67]

MILAN, April 16 (Reuters) - Italy's leading retail bank Intesa Sanpaolo (ISP.MI: Quote, Profile, Research) and engineering group Pramac (PRAM.MI: Quote, Profile, Research) said on Wednesday they have set up a joint venture to push into the booming photovoltaic energy business.

The new company, Solar Express, will be 60-percent owned by Pramac with the rest held by Intesa Sanpaolo. It aims to install 11 megawatts of photovoltaic energy generation systems in the first year of operations, the two groups said in a statement.

Photovoltaic energy, which turns sunlight into power, got a boost in Italy last year after the government approved a series of incentives for the sector. (Reporting by Svetlana Kovalyova)

[meinolf67]

SunPower to migrate solar cell production to 145 micron thickness in 2008
17 April 2008 - News
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SunPowerAccompanying the news that SunPower is increasing solar cell capacity by 150 percent this year was the mention in its first-quarter financial results that it expects to meet its goal of 30 percent gross margins by the end of 2008 on the back of lower polysilicon prices, higher cell efficiency and thinner wafers.

SunPower stated that its conversion from 165 micron to 145 micron wafers remains on schedule and it expects 100 percent of its solar cell lines to be using the thinner wafers by the end of 2008.

"We expect SunPower's silicon supply costs to decline by approximately 10 percent during 2008 compared to 2007," noted Tom Werner, SunPower's CEO. "This cost improvement will amplify our silicon utilization benefits achieved through higher cell efficiency and thinner wafers. We are on track to achieve our planned improvements in our cost structure, and therefore we expect to reach our target financial model of 30 percent gross margin, 10 percent operating expenses and 20 percent operating margin, on a non-GAAP basis, no later than the first quarter of 2009. We are also on track to realize our mission of reducing installed systems cost by 50 percent by 2012.”

With the expected decline in polysilicon prices as production ramps at both major and start-up producers, SunPower expects price declines of 10 percent by the end of the year, helping it meet gross margin targets.

[meinolf67]

Macy's Hails Earth Day with SunPower Solar Dedication in San Jose

SunPower is Installing Solar Power Systems on 28 Macy's Stores Statewide, including 12 in Northern California

SAN JOSE, Calif., April 21, 2008 /PRNewswire via COMTEX News Network/ -- In anticipation of tomorrow's worldwide celebration of Earth Day, Macy's and SunPower Corporation (Nasdaq: SPWR), the San Jose-based manufacturer of high-efficiency solar cells, solar panels and solar systems, are dedicating a 307-kilowatt solar power system at the Macy's store at Oakridge Mall in San Jose. SunPower has partnered with Macy's to design and install solar power systems on 28 stores across California, including 12 in Northern California, and also assisted the retailer in improving the energy efficiency at the stores.

The solar dedication is part of Macy's Turn Over A New Leaf campaign that kicked off yesterday. The awareness campaign is designed to support, educate and inspire sustainability and eco-friendly practices in everyday life. In addition to special promotions, merchandise and in-store events, Macy's will donate all of the proceeds from ticket sales for its national charity days -- One Good Turn -- on April 26th and 27th to the National Park Foundation.

The solar power system on Macy's San Jose store is expected to generate 404,000 kilowatt hours per year. It will reduce annual carbon dioxide emissions by 514,000 pounds, which is the equivalent to planting 1590 acres of trees over the 30-year lifetime of the system.

"Through commitment and innovation, I believe that we will lead the way to solving the world's environmental challenges," said San Jose Mayor Chuck Reed. "The partnership between Macy's and SunPower is a great example. Together, the two companies are demonstrating how deploying clean renewable technology is fiscally and environmentally responsible. San Jose stands to benefit from their leadership and vision."

Macy's has committed to installing over 8 megawatts of solar power systems on its California stores. At most of the stores, including the San Jose location, Macy's will purchase the generated electricity from a third-party financier under the SunPower Access(TM) power purchase agreement (PPA) program. MMA Renewable Ventures, LLC, will finance, own and operate solar power systems at all stores for which PPA arrangements have been finalized. Delivering predictably priced electricity with no upfront system cost, MMA Renewable Ventures' PPA services provide Macy's with immediate savings and a long-term hedge against rising peak power prices.

Combining solar power with energy efficiency upgrades such as high-efficiency lighting and HVAC systems and energy management systems is expected to reduce energy consumption by more than 24 million kilowatt hours annually, achieving an estimated 40 percent reduction in Macy's demand for utility-provided energy in those stores. Carbon dioxide emissions are estimated to be reduced by more than 195 million pounds over the lifetime of the systems, which is the equivalent of removing 1,144 cars from California's highways each year.

"Macy's is committed to supporting the development of clean technologies, and reducing our energy consumption," says Macy's, Inc. Vice Chair Tom Cole. "We are proud to join the fight against greenhouse gas emissions in California because we believe a successful business is dependent on a healthy environment."

"SunPower is proud to partner with Macy's to deliver innovative solar technology, efficiency upgrades and affordable financing solutions to support this unprecedented 28-store commitment," said SunPower Chief Executive Officer Tom Werner. "We applaud Macy's for their forward-thinking approach to environmental sustainability and corporate responsibility."

In addition to San Jose, other Northern California locations scheduled to receive SunPower solar power systems include Concord, Cupertino, Daly City, Fresno, Newark, Richmond, San Rafael, Santa Clara, Stockton and Sunnyvale. Completion of all the solar power installations is expected by the end of this year.

[meinolf67]

21.04.2008 08:58
SunPower Corp.: outperform (Cowen and Company, LLC)
Rating-Update:

New York (aktiencheck.de AG) - Die Analysten von Cowen and Company stufen die Aktie von SunPower (ISIN US8676521094 (News)/ WKN A0HHD1) unverändert mit "outperform" ein. Der Ausverkauf bei der Aktie sei übertrieben gewesen. Man habe die Schätzungen angehoben und sehe ein relatives Aufwärtspotenzial für die Aktie von 50%. (21.04.2008/ac/a/u) Analyse-Datum: 21.04.2008

[meinolf67]

First Solar and SunPower are leaders in their respective industries. I say "industries" because FSLR and SPWR are as different as can be when it comes to PV manufacturers. SPWR's strength are FSLR's weaknesses and vice versa.

FSLR's business is almost primarily in Germany, whereas SPWR has a growing U.S. business which includes heavyweight customers such as WalMart (WMT). FSLR's panels are low-efficiency low-cost whereas SPWR's are high-efficency and carried a 10% premium/watt over Suntech (STP) and Kyocera (KYO) products at Akeena Solar last time I visited.

Although the utility scale, commerical, and retail PV markets all have some overlaps currently, I expect these markets to get highly segmented and dominated by niche players. FSLR or some "third generation" CIGS company will eventually dominate the utility scale 1MW+ market where land is plentiful and cost is the only issue. The retail market is still up for grabs but SPWR looks to have the upper hand due to high efficiency and better aesthetics, an important concern to homeowners.

This is similar to how when Wal-Mart squeezed out their competitors with superior price and selection, their competitors had to either find a 7-11 like convenience niche or disappear KMart style. Some will argue that the retail distributed generation is the real holy grail of the renewable energy market and that utility scale generation will be the niche. This is a distinct possibility although it may take 20 years or more for that to occur.

It's unknown whether SPWR's acquisition of PowerLight will prove to be a wise one in the neverending race to drive down costs. Personally, I would prefer to focus all my capital on increasing manufacturing volume to drive down costs in this early phase. I would wait until the industry was more mature to acquire an installer and possibly a polysilicon/wafer supplier. SPWR obviously can produce more product than they can install as evidenced by the fact that AKNS also offers SPWR product.

The long-awaited drop in polysilicon prices would hurt FSLR's pricing advantage, but it would benefit no one more than SPWR. This is because as prices fall across the board, efficiency will become more of an issue in the retail rooftop market. When PV is economical, homeowners and businesses will want to maximize electricity generation. Since I've long subscribed to Cramer's recent revelation that FSLR could be a category buster, SPWR therefore makes an interesting alternative to FSLR. Being an FSLR Perma-Bull I don't own any other PV stocks, but I'd consider purchasing SPWR in the future as a hedge.

[meinolf67]

Seeking ALPHA:

SunPower Corporation (SPWR) has been heating up portfolios lately. The stock is almost at $90, up from the upper $50's in March. The company posted a 4.8% surprise in its recent quarter. Six of the nine covering analysts have raised their forecasts over the past month. During that time, this year's earnings estimates have increased 18 cents to $1.68 per share.

SunPower Corporation designs, develops, manufactures, markets and sells high-performance solar electric power technology products, systems and services worldwide for residential, commercial and utility-scale power plant customers. The company's semiconductor-based solar cells and solar panels, which convert sunlight into electricity, are manufactured using proprietary processes and technologies based on over 15 years of research and development.

SPWR operates through two business segments: Components and Systems. SunPower's solar power products are sold through its Components segment. The Systems segment, formerly known as PowerLight Corporation before the merger with SunPower in January 2007, develops, engineers, manufactures and delivers large-scale solar power systems. The company's solar power systems, which generate electric energy, integrate solar cells and panels manufactured by SunPower and other suppliers.

The company believes that its solar cells have the highest conversion efficiency available for the mass market. SunPower's proprietary all back-contact solar cell design results in conversion efficiencies up to 50% higher per unit area than conventional solar cells.

As an early to market participant, management believes that SunPower is increasingly recognized as a technology leader within the solar industry and with customers, specifically associating the SunPower brand with advantages in efficiency, system performance and appearance.

The experience of the management team is also a plus in this ever-changing industry. SunPower's executive officers have an average of over 20 years of experience in the solar or high technology industries. The management team has a diverse set of industry skills and global operating experience, including backgrounds spanning the solar, electric utility, semiconductor and optical media industries, as well as expertise running high-volume, low-cost manufacturing operations, complex organizations and managing rapid growth.

The company posted a 4.8% surprise in its recent quarter. Six of the nine covering analysts have raised their forecasts over the past month. During that time, this year's earnings estimates have increased 18 cents to $1.68 per share. Analysts are expecting earnings to surge another 82% next year to $3.06 per share.

[meinolf67]

Ich bin erstmal im Wesentlichen raus aus meinen Solarpositionen.

Q-Cells, Suntech, Sunpower, Evergreen, Centrosolar, Phoenix

alle bis auf Merkposten runtergefahren.


Meine These:

Angebot wächst schneller als Nachfrage.

Deutschland wird nicht als Backstop-Markt funktionieren.



Wissen, ob ich richtig liege, werde ich vielleicht erst in 12-18 Monaten. Aber lieber sichere ich mein Kapital, als dass ich von so einer Geschichte erwischt werden will.

Am liebsten wäre mir jetzt natürlich ein massiver Rückgang, so daß ich vor der Abgeltungssteuer wieder reinkomme....

Schaun wir mal; auf jeden Fall werde ich hier alles mit unverändertem Interesse weiter verfolgen. Zwinkern

[meinolf67]

posted on: May 11, 2008 | about stocks: SPWR

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In the middle of April, SunPower (SPWR) hit a new recent high around $100. Since then, the stock has retreated (mostly on below average volume) and is now hovering around the 50-day moving average. Starting at the beginning of May, SPWR appears to be setting up a new base of support around $82. With the big swings in price following the run-up in late 2007, predicting the next move is difficult. However, with oil maintaining price above $100, and natural gas and coal prices also rising, solar continues to attract interest and SunPower should be a beneficiary.

SunPower remains one of the more attractive solar plays, with half of their PV production achieving an industry leading 22% conversion efficiency (with some of their peers still in the 8% range). SunPower aims to keep on the cutting edge of efficiency by increasing Research and Development investments by 63% from Q1 2007 levels.

SunPower's recent quarterly earnings release contains additional information concerning its growth potential that should make investors salivate (see conference call transcript):

Our proprietary technology delivers the highest output per unit area of any commercially available solar system and we intend to leverage this technology by aggressively expanding our solar cell production by more than 150% in 2008 compared to 2007. This scale, combined with lower silicon costs, higher efficiencies, thinner wafers and on-going quality and cost improvements in our factories, will drive unit cost reduction.

These kinds of moves should allow SunPower to achieve their 30% gross margin targets, which would lead to fairly stunning profits and significant growth potential.

Reading the earning reports leads to only one conclusion: the first quarter was good to SunPower, with revenue at $272 million, up 22% from prior-quarter revenue of $224.3 million, and up 92% from year-ago first-quarter revenue of $142.3 million. SunPower projected Q2 revenue even higher at $330-$350 million. Additionally, SunPower raised their FY 2008 guidance, based on strong Q1 demand, to between $1.3 and $1.375 billion. This would represent a 60% increase from FY 2007 revenue levels, even with factoring in the higher silicon input costs, which have been well documented. SunPower went on to up 2009 revenue guidance to around $1.8 billion, a 40% increase. Despite this optimism, SunPower shares dropped following the earnings release, which was not uncommon this earnings season, possibly due to language in the earnings release.

With the apparent base setting up, I think this is a buying opportunity. I bought at $81 last week, and am keeping a stop around $74, which is where the stock is seeing its strongest money inflow. If it breaches through this level, there is no telling where the stock could go. But with traditional energy prices rising, the solar industry should continue to grow at an impressive rate, especially if Congress can get around to extending solar tax credits; but that's a story for another day.

[meinolf67]

12.05.2008 14:08
SunPower Announces World-Record Solar Cell Efficiency

SAN JOSE, Calif., May 12 /PRNewswire-FirstCall/ -- SunPower Corporation (News) a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, announced today that it has produced a full-scale, five inch prototype solar cell with an efficiency of 23.4 percent. This is a world-record for a large area solar cell. SunPower has reported improvements of its cell efficiency in the laboratory and in mass production since its first all-back contact solar cell prototype in 2003.

"This is a step function increase from our 22 percent efficient Gen 2 technology, which has been in mass production since last year," said Tom Werner, CEO of SunPower Corp. "Credit for this achievement goes to our world- class research and development team led by Dick Swanson and Bill Mulligan, as well as to our talented engineering group."

"We are pleased to have demonstrated early success with our Gen 3 technology," said Bill Mulligan, vice president of technology and development at SunPower Corporation. "This record efficiency solar cell, which is expected to be commercially available in approximately two years, extends SunPower's leadership position and is a key component of our plan to reduce system cost by 50 percent by the year 2012."

[meinolf67]

SunPower, MMA Renewable Ventures Dedicate 584-Kilowatt Solar Electric System for City of Thousand Oaks

Hill Canyon Water Treatment Plant Will Save $100,000 Annually in Utility Costs

THOUSAND OAKS, Calif., May 14, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, and MMA Renewable Ventures, owner and operator of renewable energy facilities, today dedicated a 584-kilowatt solar electric power system at the City of Thousand Oaks' Hill Canyon Water Treatment Plant.

In addition to the solar power system, the Hill Canyon Water Treatment Plant installed a cogeneration system and numerous energy efficiency upgrades. As a result of these measures, the City of Thousand Oaks expects to save $100,000 in utility costs each year and estimates a reduction in carbon dioxide emissions of more than 10,000 tons over the next 30 years, which is equivalent to planting 2,820 acres of trees or not driving 25 million miles on our roads.

"The City of Thousand Oaks City Council is committed to improving the quality of life for our community," said Thousand Oaks Mayor Jacqui Irwin. "Working with MMA Renewable Ventures and SunPower, we are able to maximize energy cost reductions and lower the overall amount of energy we use from conventional sources. With no initial out-of-pocket investment, the two companies have made solar power affordable today."

MMA Renewable Ventures will finance, own and operate the solar power system at the Hill Canyon Water Treatment Plant under the SunPower Access(TM) program, which allows SunPower customers to purchase solar-generated electricity from a SunPower financing partner as an alternative to outright purchase of the solar power systems. The City of Thousand Oaks will pay MMA Renewable Ventures for the solar electricity generated over the next 20 years. The electricity is competitively priced against retail rates, providing a long-term hedge against rising peak power prices. At the end of the term, the City will have the option to renew the agreement, transfer the equipment to a new site, or purchase the system outright.

"The City of Thousand Oaks selected an innovative financing structure to effectively meet its financial goals and environmental xobjectives," said Matt Cheney, chief executive officer of MMA Renewable Ventures. "With its forward-thinking approach and commitment to clean energy, the City is demonstrating that solar power is an affordable option for public agencies concerned with reducing carbon emissions."

"The Hill Canyon Water Treatment plant is making innovative use of a previously unused asset -- an existing concrete-lined overflow basin -- to site its solar system and generate clean, renewable on-site electricity," said Kevin Ross, SunPower project development manager. "They also chose to maximize energy production by utilizing high-efficiency SunPower solar panels and the proprietary SunPower(R) Tracker solar tracking system. The Tracker follows the sun as it moves across the sky, delivering up to 25 percent more energy than fixed-tilt systems. SunPower solar panels are up to 50 percent more efficient than competing, conventional solar panels."

About MMA Renewable Ventures

A wholly-owned subsidiary of Municipal Mortgage & Equity, LLC ("MuniMae"), (Pink Sheets: MMAB), MMA Renewable Ventures finances, owns and operates renewable energy and energy efficiency assets in the United States. The Company provides leases, Power Purchase Agreements (PPAs) and other customized financial solutions to help its customers manage energy costs. MMA Renewable Ventures is dedicated to delivering competitively priced, clean energy and energy savings to customers, strong partnership options for project developers, and exceptional opportunities for institutional investment in the clean energy sector. For more information about MMA Renewable Ventures, visit http://www.mmarenewableventures.com.

[meinolf67]

SunPower Announces Third Solar-Cell Fab

1-Gigawatt-Scale Factory to be Built in Malaysia

SAN JOSE, Calif., May 19, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced plans to build its next solar cell fabrication plant in Malaysia. When fully operational, Fab 3 is expected to have a nameplate rating in excess of 1-gigawatt of annual production capacity.

The new manufacturing facility is expected to be constructed in two phases, with the first phase comprised of 14 solar cell production lines with a nameplate capacity of 40 megawatts each. After completion of phase two, at a scale in excess of 1-gigawatt, Fab 3 is estimated to achieve materially lower capital cost per watt compared to SunPower's Fab 1 and Fab 2.

Solar cell production in Fab 3 is likely to begin in 2010, with the integrated site development planned to start later this year. SunPower will launch its manufacturing operations with its industry-leading 22 percent minimum rated Gen 2 solar cells, and expects to add production of its recently announced, higher-efficiency Gen 3 solar cells at a later date.

"The scale and breadth of our Fab 3 campus in Malaysia will be a core element of our technology and manufacturing roadmap that drives us to our 50 percent cost reduction plan by 2012," said Tom Werner, CEO of SunPower Corp. "Malaysia offers us highly educated workers, a receptive business investment climate and the opportunity to significantly expand our production as the demand for our solar systems continues to escalate worldwide."

"We view SunPower as a technology leader in the dynamic and rapidly growing solar industry," said Datuk R. Karunakaran, director general for the Malaysian Industrial Development Authority. "We are excited with SunPower's decision to invest in our country to manufacture its high-efficiency solar cells and panels, and we look forward to supporting its growth."

[meinolf67]

SunPower Completes 1.4-Megawatt Solar Power Plant in South Korea

SEOUL, South Korea, May 20, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a manufacturer of high-efficiency solar cells, solar panels, and solar systems, today announced that it has completed design and construction of a new 1.4-megawatt solar electric power plant project in Hampyeong, South Korea.

SunPower worked with Korean energy company EnE System to complete the plant, which is owned by Hampyeong Solar Plus, and will generate 1.8 million kilowatt-hours per year.

"By utilizing the highest efficiency SunPower solar technology, Hampyeong Solar Plus is maximizing both their financial returns and the environmental benefits of this solar power plant," said Stanley S.K. Bae, SunPower's general manager in Korea. "Along with EnE System, they are demonstrating leadership by addressing Korea's tremendous energy needs with clean, renewable solar power."

At the power plant site, SunPower installed SunPower panels, which are up to 50 percent more efficient than conventional panels, as well SunPower(R) Tracker solar tracking systems. The Tracker tilts toward the sun as it moves across the sky, significantly increasing daily energy production compared with fixed-tilt systems.

"We selected SunPower based on the company's experience with utility-scale power plant projects as well as the efficiency and proven reliability of SunPower's technology," said Sang Kug, Moon, managing director of EnE System.

SunPower is doing business in Korea in several areas. The company has a multi-year polysilicon supply agreement with Korea's DC Chemical Co., Ltd., and has invested in a joint venture with Woongjin Holding Co. Ltd. to manufacture mono-crystalline silicon ingots, with polysilicon supplied primarily from DC Chemical. SunPower also recently commissioned three additional solar power plants, including a 2-megawatt installation in Jeonju, the 2.2-megawatt Mungyeong SP Solar Mountain plant, and a 1-megawatt plant in Gwangju.

This month, SunPower is showcasing its products and service offerings as an exhibitor (in booth B-096) at Green Energy Expo, 21-23 May, in Daegu, Korea. On May 22 at the Expo, the company is hosting a seminar entitled "SunPower Technology Solutions," featuring the SunPower Tracker as well as the SunPower T10 Solar Roof Tile for commercial rooftops. For more information on the seminar, contact Jenny Kwon at [e-mail].

[meinolf67]

May 21, 2008, 2:40 pm
SunPower: Utilities Like Solar More Than You Think
Posted by Tiernan Ray

At the JP Morgan technology conference in Boston, I had a chance today to chat with Julie Blunden, who is VP of public policy for SunPower (SPWR), which makes solar panels. I asked her about the opinion held by some that electric utilities in the US may be slow to adopt solar because they can’t be certain yet of the technology’s long-term reliability.

As Eric mentioned in a post today, Friedman, Billings Ramsey downgraded First Solar (FSLR), a solar technology firm, in part because the firm is concerned that First Solar will find adoption by utilities to be slow.

But Blunden thinks utilities will step up to adopt the technology faster and more aggressively than some think, based on her 25 years in the energy business. “They need solar to meet their targets for their renewable energy portfolios,” she says. The portfolio is something that’s regulated by states and municipalities, and so it’s not an easy mandate for utilities to get around.

Moreover, Blunden doesn’t think that utilities’ buying in will depend on their being covered by the US investment tax credit (ITC), the current means of subsidizing solar in the US. It’s possible there may be language written into the ITC in future that will extend the credit to utilities — it currently does not cover their investment in alternative energy. But even without benefitting from the ITC directly, utilities can exploit it by funding solar investment through intermediaries — banks and anyone else who’s willing to act as the nominal investor, said Blunden.

Blunden did mention, however, that SunPower sees enough opportunities globally that the company is not dependent on the uptake of solar in the US.

SunPower shares today are trading down about 2.5% at $86.06. I didn’t hear anything especially concerning in Blunden’s presentation. I imagine the shares are trading down on the aforementioned FBR downgrade of First Solar.

[Dere]

Wedbush Morgan Maintains Bullish Stance on SunPower (SPWR) After Conference


More News related to Analyst Comments
May 23, 2008 10:12 AM EDT

Wedbush Morgan commented on SunPower Corporation (Masdaq: SPWR) following a management presentation and the Wedbush Morgan Management Access Conference.

The firm noted that nameplate capacity expansion is on track and lower polysilicon costs and production efficiencies expected over time. The firm said expects global market opportunities to increase as energy prices remain high.

They also said, given expected revenue and earnings growth greater than the industry average of 30%-40% and near term catalysts including large-scale industrial, commercial, and utility projects they are bullish on the stock. The firm maintains their Strong Buy rating and $132 price target.

[meinolf67]

SunPower Completes Two Solar Power Plants in Spain

SunPower Totals 100 Megawatts of Spanish Solar Power Plants

SAN JOSE, Calif., May 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWR), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced the completion of two solar-electric power plants in Spain, totaling 8.7 megawatts. The two plants, located in Llerena and Lebrija, were developed by Solarpack, a Spanish company specializing in renewable energy development, investment, consulting and services. Solarpack hosted ceremonies dedicating the two power plants this week.

The solar power plant constructed by SunPower in Llerena is 4.8 megawatts; the plant in Lebrija is 3.9 megawatts. In Spain, SunPower has completed or has signed contracts to deliver solar power plants totaling more than 100 megawatts.

"SunPower's innovative sun tracking technology and solar power plant experience was key to meeting our cost, schedule and energy delivery goals at these sites," said Jose Galindez, chairman of Solarpack. "This region of Spain has great potential for the renewable energy sector, and we are proud to be generating clean, emission-free solar power for these communities."

For these projects, SunPower used its proprietary SunPower(R) Tracker technology, which follows the sun during the day, and delivers significantly more energy than traditional fixed-tilt systems.

"We utilized our industry-leading SunPower Tracker technology at both of the power plant sites, maximizing energy output, while optimizing land use and reducing related costs," said Marco Antonio Northland, general manager of SunPower's European operations. "We are pleased that the Spanish market continues its rapid adoption of solar power, and that Solarpack chose SunPower to provide innovative turnkey solar solutions."

[meinolf67]

Spanish Supermarket Bon Preu Esclat Powered by SunPower Solar Systems

SunPower Dealer SUD Energies Renovables Selects High-Efficiency, Non-Penetrating SunPower T10 Solar Roof Tiles for Bon Preu Esclat Stores

MADRID, Spain, June 2, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a manufacturer of high-efficiency solar cells, solar panels, and solar systems, announced today that SunPower solar electric power systems totaling 132 kilowatts have been installed on the rooftops of two Bon Preu Esclat stores located outside of Barcelona, Spain. SunPower dealer SUD Energies Renovables, S.L. of Vic (Barcelona) installed the systems, and reports that they are working with the supermarket chain to install SunPower solar power systems on additional Bon Preu Esclat stores over the next three years.

A Bon Preu Esclat store in Piera, Spain received a 55-kilowatt SunPower system, and a 77-kilowatt solar system has been installed atop the Bon Preu Esclat store in Valls. At these locations, SUD Energies Renovables installed SunPower(R) T10 Solar Roof Tiles, which are tilted at a 10-degree angle to increase energy capture, and SunPower(R) 210 solar panels. SunPower panels are up to 50 percent more efficient than conventional panels and up to 100 percent more efficient than thin-film solar panels.

"We had two primary requirements for these installations. We wanted to maximize the amount of power that could be generated within the limited roof space, and we needed a lightweight system that would not require any roof penetrations," said Manel Romero, technical director of SUD Energies Renovables, S.L. "After investigating our options, including thin-film solar electric products, we chose SunPower because it manufactures the highest efficiency solar technology on the market today. Also, SunPower T10 Solar Roof Tile systems are non-penetrating, lightweight and durable. The systems are protecting the integrity of the rooftops, while delivering exceptional power generation to the customer."

These installations for Bon Preu Esclat represent the first set of solar systems in Spain using the SunPower T10 product on a commercial rooftop. In the U.S., the T10 product has been installed on commercial rooftop systems for SunPower customers such as FedEx, Wal-Mart Stores and Microsoft.

Also in Spain, SunPower has more than 45 megawatts of solar power plants under construction.

[meinolf67]

Posted Mon Jun 09, 03:11 pm ET
Posted By: Jon Kolb

The fortunes of SunPower Corporation (A) ( SPWR) appear greener given the very high growth potential in the alternative energy industry, and specifically solar power energy, with apparently greater certainty of polysilicon supply through SunPower’s new agreement with Jiawei SolarChina.

In addition, a new solar cell manufacturing facility in the Philippines and the company’s expansion into the Italian market adds visibility to the story. However, its price has come down heavily on account of inhibitions regarding future U.S. energy policy.

On the other hand, new cheaper polysilicon supply contracts and thinner wafers are improving the solar cell and panel production overheads. Thus, we maintain our Buy recommendation on SPWR common stock with a six-month target price of $106.75. Price appreciation to our near-term target price represents 34.6% upside potential.

Looking ahead, SunPower management seeks to establish the company as the leader in high-performance solar power products. The industry outlook for electric power, and particularly for alternative sources of electricity such as solar power, is bullish. Based on strong demand trends in the first quarter, SunPower raised its guidance for fiscal 08 and re-confirmed its previous 2009 forecast for total revenue to increase at least 40% from 2008 levels.

SPWR Class A Common Shares trade at 48.1x our 2008 earnings per share estimate and 22.7x our 2009 EPS estimate, representing a valuation at the upper-end of the range of comparable public companies in the alternative energy industry, yet such a premium is justifiable given SunPower’s high growth potential. Likewise, alternative valuation metrics such as price to sales, cash flow and book value also indicate comparable premium valuation metrics.

[yakima]

so, jetzt hab ich SUNPOWER auf´m Dach und im Depot.

[meinolf67]

SunPower Names Marty T. Neese Chief Operating Officer

SAN JOSE, Calif., June 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that Marty T. Neese is joining the company as its chief operating officer. Neese will be responsible for leading SunPower's global strategic operations and worldwide materials sourcing, and will oversee the execution of its recently announced solar cell fabrication plant in Malaysia.

Neese brings more than 25 years of experience driving cost effective, scalable manufacturing processes and policies. A proponent of Kaizen, the Japanese strategy for continuous improvement, Neese successfully executed the Lean Six Sigma methodology at Flextronics International, a $30+ billion company, and received the 2007 Shingo Prize for Operational Excellence.

"Marty is a seasoned executive bringing many years of lean manufacturing expertise to SunPower," said Tom Werner, CEO of SunPower Corp. "His impressive background of implementing cost reduction programs for companies much larger than ours will be a great asset in lowering our overall operations costs. I am extremely pleased to welcome Marty to our executive leadership team."

Most recently, Neese held the position of executive vice president, worldwide operations, for Flextronics International. Prior to that, he was executive vice president, operations at Solectron Corp., where he was responsible for the daily cost, quality, delivery, and end-to-end supply chain optimization and performance for customers who were partnered with the company. Previously, Neese held the positions of vice president, worldwide program management and sales operations at Sanmina-SCI Corp., and director, business development for Jabil Circuit Co. He also served in the U.S. Army for five years, reaching the rank of Captain.

Neese is a graduate of the United States Military Academy at West Point. He received his master's degree in business administration from the University of Florida.

[yakima]

da fehlt im Momant die Sunpower

[yakima]

Antwort auf Beitrag Nr.: 34.293.172 von yakima am 12.06.08 21:45:13

13.06.08 22:00 Uhr
77,75 USD
+6,77 %

[meinolf67]

Ahead of the Bell: SunPower upgraded
Monday June 16, 8:23 am ET
Analyst upgraded SunPower, says overall global demand will likely help offset dips in Spain

NEW YORK (AP) -- Shares of SunPower Corp. rose in premarket trading Monday, after n analyst boosted his rating on the solar power products company, saying it will likely see better-than-expected demand across the globe.

ADVERTISEMENT
Credit Suisse analyst Satya Kumar upgraded the San Jose, Calif., company to "Outperform" from "Neutral" and kept a $100 price target.

The new target implies he expects the stock to jump 29 percent in the next year over Friday's $77.75 close.

While demand in Spain will likely dip in the second half of this year, interest in SunPower's products may grow in Italy and other countries, he said.

Kumar expects the company to earn $2.27 per share for the year, while analysts polled by Thomson Financial, on average, expect earnings of $2.17 per share.

So far this year, the stock has dipped 40 percent.

A company representative was not immediately available for comment.

In premarket electronic trading, SunPower shares gained $3.65, or 4.7 percent, to $81.40.

[meinolf67]

16. Juni 2008
Enfinity Signs 25-MW Deal with SunPower
Ghent, Belgium [RenewableEnergyWorld.com]

Enfinity announced that it has entered into framework agreement with SunPower Corporation to provide turn-key engineering, procurement and construction services for solar photovoltaic (PV) power plant projects totaling more than 25 megawatts (MW). The installations planned under this agreement will be built in 2008 and 2009 by SunPower in Italy and are contingent on Enfinity to secure financing and construction permits for the projects.

The agreement was signed at Intersolar 2008 in Munich, Germany. This year the conference has more than 1000 exhibitors this year.

SunPower and Enfinity are also in discussions to expand their collaboration to include additional solar projects in Spain, Greece and other countries worldwide. Enfinity is in the process of financing PV projects with a total capacity of more than 122 MW and is planning to finance several hundred megawatts through 2010. The agreement was signed at Intersolar 2008 in Munich, Germany. This year the conference has more than 1000 exhibitors.

"We consider this as a strategic partnership in the further development of our solar business," said Gino Van Neer, CEO of Enfinity.

[meinolf67]

SunPower Announces Triggering Event for Convertibility of $200M Senior Convertible Debentures Due 2027

SAN JOSE, Calif., June 23, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that the last reported sale price of its class A common stock on at least 20 of the last 30 trading days during the fiscal quarter ending June 29, 2008 has equaled or exceeded $70.94, which represents 125% of the conversion price for one series of its outstanding senior convertible debentures. Accordingly, pursuant to the terms of the indenture governing its $200 million aggregate principal amount of 1.25% senior convertible debentures due 2027, the market price conversion trigger has been satisfied and the debentures may be converted at the holders' option during SunPower's third fiscal quarter ending September 28, 2008. However, given that the current market value of the debentures substantially exceeds the value holders would receive upon conversion if the class A common stock remains at current levels through the applicable 20 day observation period, SunPower believes that holders may not have a significant economic incentive to convert at this time.

Pursuant to the terms of the indenture, the principal amount of any debentures surrendered for conversion must be settled in cash. To the extent that the conversion obligation exceeds the principal amount of any debentures converted, SunPower must satisfy the remaining conversion obligation of the 1.25% senior convertible debentures due 2027 in shares of its class A common stock.

As a result of the class A common stock price conversion trigger, SunPower will classify the $200 million aggregate principal amount of the debentures as short-term debt on its June 29, 2008 balance sheet. If the class A common stock price conversion test is not met in a subsequent quarter, the debentures may be re-classified as non-current debt as of the end of such quarter.

The common stock price conversion test will not be met for SunPower's $225 million aggregate principal amount of its 0.75% senior convertible debentures due 2027, as the class A common stock closing price for at least 20 of the last 30 trading days of this quarter, has not equaled or exceeded $102.80, which represents 125% of the applicable conversion price for this series of the company's outstanding senior convertible debentures. Therefore, this series of convertible debentures will not be convertible into common stock based on this trigger during the fiscal quarter ending on September 28, 2008. If the common stock price conversion test is met in a subsequent quarter, these debentures may also be re-classified as short-term debt.

SunPower's principal current sources of liquidity are cash on its balance sheet, cash generated by operations and borrowings under its credit facilities. Based on SunPower's current financial condition, management believes that liquidity from these sources, combined with the potential availability of future sources of funding, including accessing debt and equity markets, will be adequate to fund SunPower's current and long-term debt obligations, and fund its planned capital expenditures and business plans over the next 12 months.

[meinolf67]

New Homes With SunPower Solar Systems are Bright Spot in Market

New Homes with Solar Selling Twice as Fast; 92 Percent of Homeowners Would Recommend a Solar Home

SAN JOSE, Calif., June 24, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- While much of the residential real estate and building markets have faced severe challenges in recent months, there is one area that is shining brightly. SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, announced today that new homes powered with SunPower solar electric power systems are selling more than twice as fast, on average, as new homes without solar. Additionally, a survey of owners of new homes with SunPower systems indicates that 92 percent would recommend a new solar home to a friend.

Solar Sells Faster

SunPower has installed, or is currently installing, its high-efficiency solar power technology in more than 75 new home communities throughout California. A recent study conducted by The Ryness Company found that new homes in 13 communities with SunPower solar systems were selling at an average of 3.46 homes per month, while sales of comparable homes without solar in adjacent or nearby communities were selling at a rate of 1.71 per month. Comparable communities were selected based upon geographic location, square footage and lot sizes, publicized sales prices and development concept. The data was gathered from sales in 2006 through March 2008 from three regions in the state.

-- In the Sacramento region, new solar homes are selling at a rate of 3.20 per month, while comparable non-solar homes are selling at a rate of 1.90 per month.

-- New solar homes in the San Francisco Bay Area are selling at a rate of 3.24 per month, while comparable non-solar homes are selling at a rate of 1.33 per month.

-- In the Central Valley region, new solar homes are selling at a rate of 4.72 per month, while comparable non-solar homes are selling at a rate of 2.37 per month.

"Homebuyers value solar systems today because they can significantly reduce their electric bills and help reduce greenhouse gas emissions," said Jon Nicholson, division president of Standard Pacific Homes in Sacramento. "Families in our energy-efficient solar communities are reducing their utility costs by up to 60 percent, and enjoy the satisfaction of generating their own clean, renewable energy."

Satisfied Solar Home Owners

In a SunPower survey of 133 people who own new homes with SunPower solar systems, 92 percent of respondents said they would recommend a home with solar to a friend. Ninety percent indicated that inclusion of a solar power system was very important or somewhat important in their decision to buy their home. Eighty-five percent responded that they would definitely or likely buy another solar home in the future.

Comments gathered as part of the anonymous survey included the following:

-- "We would not have purchased the larger home had it not been for the solar savings."

-- "We have already recommended [solar] to many of our friends."

-- "We have looked at other homes, even really liked the floor plans, but without solar it was out of the question."

"Most of the builders we work with include the installation of high-performing SunPower solar power systems with high-quality energy efficiency features," said Bill Kelly, general manager, New Homes Division, for SunPower. "This combination of solar technology and energy efficiency results in very low utility costs for the homeowner while improving home comfort. This is a great value for homeowners, and an investment by our homebuilder partners towards cleaner air and a better environment."

Most homebuilders working with SunPower install the SunPower SunTile(R) system on their homes. SunTile is a roof-integrated system that blends seamlessly into the roof and features the most efficient solar technology available on the market.

SunPower's survey is supported by a recently completed market research study of new construction home buyers commissioned by the California Energy Commission (http://www.gosolarcalifornia.ca.gov/builders/marketing_resou… which found that solar is generally seen "as a proven, reliable technology that can pay for itself and will help reduce global warming." In addition, nearly all respondents consider residential solar power systems to be "user-friendly" and "low maintenance."

SunPower works with homebuilders such as Centex, Standard Pacific, The Olson Company, and Woodside Homes.

[meinolf67]

SAS Greenlights 1-Megawatt Solar Power Farm

Teaming with Progress Energy and SunPower, SAS Will Supply
Renewable Energy Resources to the Local Community

CARY, N.C., Jun 24, 2008 (BUSINESS WIRE) -- SAS, the leader in business intelligence and analytics software, working with Progress Energy Carolinas (NYSE: PGN) and SunPower Corp. (Nasdaq: SPWR), will develop a solar electric power farm on the company's Cary, NC, headquarters campus. Scheduled to go online in late 2008, the project is the latest in the company's continuing sustainability efforts to conserve environmental resources.

"I'm fortunate to participate in global business forums with some of the world's finest corporate and government leaders. Without fail, the environment ranks among their top concerns. Additionally, our employees and customers expect us to be responsible corporate citizens. This solar farm is one small gesture among many green initiatives within SAS to diminish the impact on our environment," said SAS CEO Jim Goodnight. "Future generations depend on us to do the right thing today."

Covering five acres, the 1-megawatt photovoltaic (PV) solar array will feature SunPower(R) Tracker solar tracking systems. The Tracker tilts toward the sun as it moves across the sky, increasing energy capture by up to 25 percent over fixed systems while reducing land-use requirements. SAS' solar farm is estimated to generate 1.7 million kilowatt-hours (kWh) per year, reducing carbon dioxide emissions by over 1,600 tons annually. This is equivalent to the carbon dioxide emissions from the consumption of more than 167,000 gallons of gasoline.

"This project is a perfect example of the kind of innovation and leadership our state needs to expand the important role of renewable energy," said Lloyd M. Yates, President and CEO of Progress Energy Carolinas. "Progress Energy is moving forward aggressively and cost-effectively on renewable and alternative energy projects as part of a balanced strategy for meeting the needs of our growing region. We're proud to be part of this milestone. Our hope is that this project, and the partnership and collaboration it represents, will be a model and catalyst for many more like it."

The North Carolina Solar Center at North Carolina State University collaborated with SAS on the initial feasibility study and will continue to help identify best practices and share information as the project progresses.

Under North Carolina's Renewable Energy and Energy Efficiency Portfolio Standard (REPS) utility companies must obtain up to 12.5 percent of their energy through renewable resources or energy efficiency measures by 2021. They must also begin including solar-generated energy by 2010. SAS' solar array, which will be one of the largest of its kind in the southeastern US, is the largest PV project announced in Progress Energy's service area since North Carolina's energy law took effect in 2007. SunPower will build the solar array; Progress Energy will purchase the Renewable Energy Certificates (RECs) and electricity generated by the solar farm for use on the public energy grid.

"By using high-efficiency SunPower solar technology, SAS and Progress Energy are maximizing both their financial returns and the environmental benefits of this installation," said Tom Werner, Chief Executive Officer of SunPower. "They are demonstrating leadership in the region by addressing local energy needs with clean, renewable solar power."

About Progress Energy

Progress Energy (NYSE: PGN), headquartered in Raleigh, N.C., is a Fortune 250 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. The company, which will celebrate a century of service in 2008, includes two major utilities that serve 3.1 million customers in the Carolinas and Florida. Progress Energy is the 2006 recipient of the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence. The company also is the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service. Progress Energy serves two growing areas of the country, and the company is pursuing a balanced approach to meeting the future energy needs of the region. That balance includes increased energy efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system. For more information about Progress Energy, visit the company's Web site at www.progress-energy.com.

[yakima]

warum bricht der Kurs so ein ?
Hat jemand ne Ahnung ?

[yakima]

Antwort auf Beitrag Nr.: 34.394.684 von yakima am 27.06.08 22:03:08

http://www.bizjournals.com/phoenix/stories/2008/06/23/daily6…

[meinolf67]

SunPower Announces Second Quarter Results on July 17, 2008

Event to be Webcast at: http://investors.sunpowercorp.com/events.cfm

SAN JOSE, Calif., July 2, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR) will announce its second quarter earnings in a conference call on Thursday, July 17th at 10:30 a.m. Pacific Time. The call-in number is 517-623-4618, passcode SunPower, for interested parties wanting to participate in the quarterly conference call. The event will be webcast and can be accessed from SunPower's website at http://investors.sunpowercorp.com/events.cfm.

Full text of the press release and supplemental financial information will be made available on the SunPower website at http://investors.sunpowercorp.com/events.cfm on the morning of the conference call.

[meinolf67]

Florida Power & Light Company Selects SunPower to Build Largest Solar Photovoltaic Power Plant in United States

SAN JOSE, Calif., July 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a manufacturer of high-efficiency solar cells, solar panels, and solar systems, today announced that it has been selected by Florida Power & Light Company to build the largest solar photovoltaic power plant in the United States, and a second power plant at the Kennedy Space Center. Florida Power & Light Company is a subsidiary of FPL Group (NYSE: FPL), the world's largest producer of electricity from renewable energy sources.

The installation will include a 25-megawatt power plant in DeSoto County, Fla., and a 10-megawatt project at the Kennedy Space Center. SunPower will design and build the facilities and FPL will own, operate and maintain the systems. The DeSoto plant will be completed in 2009; the plant at the Kennedy Space Center will be completed in 2010. Construction is contingent on approval of the Florida Public Service Commission.

"These agreements confirm the growing trend in the U.S. to build solar power plants at a scale rivaling those in market-leading countries such as Germany and Spain," said Howard Wenger, senior vice president, global business units for SunPower. "With these agreements totaling approximately 35 megawatts, we applaud Florida Power & Light's commitment and leadership in renewable energy."

Solar photovoltaic power plants can be easily integrated into existing utility grid networks, and install much faster than conventional forms of power generation. SunPower will install SunPower panels, the highest efficiency solar panels on the market, at both sites. At the DeSoto site, the company will install its SunPower Tracker system, which tilts toward the sun as it moves across the sky, significantly increasing daily energy production compared with fixed-tilt systems while reducing land-use requirements. The combination of SunPower's high-efficiency panels and high-energy collection tracking systems, delivers the world's highest power density solar systems and low cost energy.

"We selected SunPower based on its proven experience in building high- performance solar photovoltaic power plants. We are pleased to work with SunPower on these two important projects that will deliver reliable, cost- effective solar power to our customers," said Eric Silagy, Florida Power & Light Company vice president and chief development officer. Florida Power & Light Company joined with Gov. Crist on June 25, 2008, to announce these and one other solar power project, which will make Florida No. 2 in the nation in solar power production. The projects are subject to regulatory approval.

The largest-operating solar photovoltaic power plant in North America is currently the 14-megawatt installation located at Nellis Air Force Base in Nev., also built by SunPower. Worldwide, SunPower has installed more than 450 solar power systems totaling more than 350 megawatts, including solar power plant projects in Europe, Asia and North America.

[Seelenvogel]

nochmal in deutsch

das dürfte hoffentlich auftrieb geben


10.07.2008 11:12
SunPower errichtet größtes Photovoltaik-Kraftwerk der USA für FPL-Tochter
San Jose (aktiencheck.de AG) - Die amerikanische SunPower Corp. (ISIN US8676521094 (News)/ WKN A0HHD1), ein Hersteller von Solarzellen, Solar-Panels und Solarsystemen, gab am Donnerstag bekannt, dass sie für die Florida Power&Light Company, eine Tochter des US-Energieversorgers FPL Group Inc. (ISIN US3025711041 (News)/ WKN 869496), das größte Solar-Photovoltaik-Kraftwerk der USA errichten wird. Zudem wurde SunPower von der FPL-Tochter beauftragt, ein zweites Kraftwerk am Kennedy Space Center zu bauen.

Den Angaben zufolge beinhaltet die Installation ein 25 Megawatt (MW) Kraftwerk in DeSoto County (Florida) sowie ein 10 MW Projekt am Kennedy Space Center. SunPower wird die Anlagen entwerfen und errichten, während FPL die Systeme besitzen, betreiben und warten wird. Das DeSoto-Kraftwerk soll in 2009 fertiggestellt sein, das Kraftwerk am Kennedy Space Center im Jahr 2010. Der Baubeginn ist bedarf noch der Genehmigung durch die Florida Public Service Commission.

Das derzeit größte, sich im Betrieb befindliche Solar-Photovoltaik-Kraftwerk in Nordamerika ist die 14 MW Installation bei der Nellis Air Force Base (Nevada), die ebenfalls von SunPower errichtet wurde.

Die Aktie von SunPower schloss gestern an der NASDAQ bei 61,23 Dollar, die der FPL Group bei 67,06 Dollar. (10.07.2008/ac/n/a)

[meinolf67]

Tokyo 17.07.08 (www.emfis.com) Der japanische Konzern Toshiba Corp will in das Solar – Energiegeschäft einsteigen. Laut einem Bericht von Nikkei, will das Unternehmen mit Hilfe des US Unternehmens SunPower Corp Solarstromgeräte für Wohnungen anbieten.
Die Systeme die Toshiba anbieten will, sollen um 33 Prozent effizienter sein, als vergleichbare herkömmliche Modelle. Sie sollen auch in der Lage sein Gleichstrom in Wechselstrom zu wandeln.
Toshiba sei es gelungen, dass System um 30 Prozent kleiner und 25 Prozent leichter als bestehende Produkte anzubieten, so Nikkei. Weiter heißt es, dass Toshiba darauf abziele, 10 Prozent des japanischen Solarenergie – Marktes zu besetzen.

[Maverick22]

SunPower Reports Record Second-Quarter 2008 Results
Thursday July 17, 8:00 am ET
Company Raises FY 2008 and FY 2009 Guidance
- Generated second quarter 2008 revenue of $382.8 million, up 120% year- on-year
- Achieved $0.34 GAAP net income per share, $0.61 non-GAAP
- Announced agreement with Florida Power & Light in July for two projects totaling 35 megawatts
- Began site preparation for a 1 gigawatt solar cell fab in Malaysia
- On track with 50% cost reduction plan, Q2 reductions in cell, module, materials and systems costs
- More than 300 dealers worldwide serving the residential and small- commercial rooftop market
- Announced world-record 23.4% efficient, full-scale prototype Gen 3 solar cell
- Announced the appointment of Marty Neese as chief operating officer

SAN JOSE, Calif., July 17 /PRNewswire-FirstCall/ -- SunPower Corporation (Nasdaq: SPWR - News) today announced financial results for the second quarter 2008, which ended June 29, 2008. This press release contains both GAAP and non-GAAP financial information. Non-GAAP figures are reconciled to the closest GAAP equivalent figures on the final page of this press release. Please note that the company has posted additional, supplemental information related to its second quarter 2008 performance on the Events and Presentations section of the Investor Relations page on the SunPower website at www.sunpowercorp.com.

ADVERTISEMENT
Revenue for the 2008 second quarter was $382.8 million, up 40% from prior- quarter revenue of $273.7 million and up 120% from year-ago second-quarter revenue of $173.8 million. The Components and Systems segments accounted for 29% and 71% of second quarter revenue, respectively.

For reporting purposes, the Systems segment generally represents products and services sold directly to the system owner. Additionally, both SunPower and third-party solar panels sold through the Systems segment channels are recorded as Systems segment revenue. The Components segment primarily represents products sold to installers and resellers.

On a GAAP basis, for the 2008 second quarter, SunPower reported gross margin of 24.3%, total operating income of $45.0 million and diluted net income per share of $0.34. These figures include non-cash operating expenses for amortization of purchase accounting intangible assets of $4.0 million and non-cash, stock-based compensation of $18.6 million.

On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets and stock-based compensation, SunPower reported total gross margin of 26.4%, operating income of $67.6 million and diluted net income per share of $0.61. This compares with prior-quarter non-GAAP gross margin of 24.0%, total operating income of $39.1 million and $0.39 diluted net income per share. Overall gross margin rose sequentially benefitting from a 630 basis point improvement in the Components segment. Components gross margin rose to 31.7% due to lower silicon costs, higher volume and stable to slightly higher average selling prices. Additionally, the systems segment posted a gross margin of 24.2% reflecting a higher percentage of SunPower panels and cost reduction in field construction. Looking forward to the third and fourth quarter, the company expects continued improvement in company gross margin.

"In 2008, SunPower has achieved the geographic and market segment diversity that provides us with tremendous flexibility to respond to new opportunities and minimize risk, such as the uncertainty our industry currently faces in the U.S. and Spanish markets," said Tom Werner, SunPower's CEO. "We have built the infrastructure to deliver our high-efficiency solar technology to customers on four continents from residential rooftops to large- scale utility systems. With our Gen 2 cell lines ramping and further expansion of our manufacturing capabilities, we are beginning to tap unserved demand for our high-efficiency solar systems in Korea, Japan, Australia, Germany, Italy, and neighboring areas in Europe. The overall global business environment remains very favorable as we continue to execute on our long-term strategy focused on brand, technology, cost and people. We are well- positioned for success entering the second half of the year.

"In the second quarter, SunPower benefitted from strong customer demand across multiple geographies including our Systems business segment. In addition to our power plant installations in Spain, we saw the dedication of a 1.4 megawatt project in Korea as well as the announcement of our framework agreement with Enfinity Management SPRL to supply 25 megawatts of projects in Italy by the end of 2009. Demonstrating SunPower's ability to offer solar at utility-scale, we announced an agreement with Florida Power & Light (FPL) for the largest photovoltaic power plant in the United States. Our agreements with FPL include both a 25 megawatt plant in DeSoto County, Fla., as well as a 10 megawatt plant at the Kennedy Space Center. Our power plant customers value SunPower's delivery of the highest-efficiency solar panels, high-energy collection systems technology, a decade of large-scale systems deployment experience, and a low levelized cost of energy (LCOE).

"In our Components business segment, we continued to see strong demand worldwide. We more than doubled the number of our European dealers and further grew our dealer base in the United States. SunPower now has more than 300 dealers worldwide serving the residential and small-commercial rooftop market. Our multi-channel approach, vertically integrated business model and diversified customer base gives us a competitive advantage and will enable us to capitalize on the further adoption of solar as an alternative to conventional electricity generation.

"SunPower continued to extend its technology lead during the quarter as we announced our world-record, 23.4 percent efficiency, prototype Generation 3 solar cell. This technology, expected to be in production in approximately two years, is a key element in our roadmap to reduce total systems costs to compete with wholesale and retail electric rates by 2012. Also, in order to meet expected future demand and scale economies to reach our cost reduction goals, SunPower announced plans to build its third solar cell manufacturing facility in Malaysia which, when completed, will have a nameplate capacity in excess of 1 gigawatt.

"Our cost reduction plans are on target for silicon procurement as well. We saw our silicon unit costs materially decline in the second quarter as we started to realize the benefit of our portfolio approach to silicon supply," continued Werner. "With all of our silicon suppliers delivering according to contract, we expect our silicon supply costs to continue to decline and remain fully contracted for our silicon needs through 2010. Per plan, SunPower also benefitted from reductions in cell manufacturing and module costs, improved materials sourcing and more efficient project management including the deployment of our next-generation SunPower® T20 Tracker at our power plant projects in Spain.

"With the decline in our silicon costs, further improvements in our manufacturing efficiency and continued progress in reducing downstream installation costs, we remain on track to achieve our target financial model of 30% gross margin, 10% operating expenses and 20% operating margin, on a non-GAAP basis, no later than the first quarter of 2009. We are also on track to realize our mission of reducing installed systems cost by 50% from 2006 to 2012.

"Based on the strong demand trends in both existing and emerging markets and continued progress on our 50 percent reduction in installed system costs, we are raising our guidance for the fiscal year 2008 and expect the following non-GAAP results: Total revenue of $1.39 billion to $1.44 billion and diluted net income per share of $2.26 to $2.36. We also expect our 2009 total revenue to be in of the range of $2.0 billion to $2.1 billion, production capacity of 450+ megawatts and non-GAAP diluted net income per share of at least $3.50. Consistent with our practice of offering guidance for the current quarter, we expect third quarter 2008 non-GAAP total revenue of $340 million to $355 million, company non-GAAP gross margin of 26.5% to 27.5% and non-GAAP diluted net income per share of $0.53 to $0.57.(1)

"On a business segment basis, we expect the following non-GAAP results for the third quarter 2008: Components segment revenue of $155 million to $160 million, and gross margin of 33.5% to 34.5%; Systems segment revenue of $185 million to $195 million and gross margin of 21.5% to 22%. We expect the Components segment to benefit from the continued manufacturing ramp of our next-generation technology and lower silicon cost and the Systems segment to reflect a combination of changes in project and regional mix.(2)

"For the fourth quarter of 2008, we expect non-GAAP total revenue of $395 million to $425 million, reflecting an anticipated increase in both our Components and Systems segment revenue, company non-GAAP gross margin of 29% to 30%, in line with the company's long-term model, and non-GAAP diluted net income per share of $0.73 to $0.80. For the fourth quarter 2008, we expect Components segment revenue of $200 million to $210 million, and gross margin of 35% to 36% and Systems segment revenue of $195 million to $215 million and gross margin of 23% to 23.5%," concluded Werner.(3)

[meinolf67]

dann gibt es einen Haufen mehr verfügbae Stücke...:


17.07.2008 14:16
Cypress Announces Decision to Pursue Tax-Free Distribution of its SunPower Class B Common Shares

Cypress Semiconductor Corporation (NYSE:CY) today announced that its Board of Directors has authorized management to proceed with a spin-off to Cypress's shareholders of the Class B common shares of SunPower Corporation (News) held by Cypress, with the objective of having the transaction completed by the end of 2008, or sooner if possible.

Cypress previously announced that on April 16, 2008, it had received a favorable ruling from the Internal Revenue Service with respect to certain tax issues arising under Section 355 of the Internal Revenue Code in connection with a potential spin-off transaction.

In connection with the proposed spin-off, the Cypress Board contemplates adjusting outstanding employee equity awards in a manner intended to preserve their intrinsic value as well as a possible tender offer for all or a portion of the company's outstanding 1.00% convertible senior notes due September 2009. In addition, Cypress may dispose of a portion of its Class B common shares of SunPower prior to consummation of the proposed spin-off.

The proposed spin-off transaction is subject to completion of a number of steps and conditions, including final approval by the Cypress Board of Directors, and no assurance can be given that the proposed spin-off will be completed. In addition, no assurance can be given as to the number of shares which may be distributed, the costs or effects on Cypress and/or SunPower of effecting a spin-off, or the impact of a spin-off on trading prices for Cypress and/or SunPower common stock or Cypress's employee equity plans and convertible debt.

[nicolani]

July 21, 2008 10:21 AM EDT

JANCO upgrades SunPower Corporation (Nasdaq: SPWR) from Accumulate to Buy with a $110 price target (30x 2009 EPS of $3.68).

JANCO notes that despite excellent financial results, the stock has done little as investors remain concerned about the company's ability to weather regulator headwinds in Spain and the US and the impending spin-off of 44.5 million shares by Cypress Semi (NYSE: CY) later this year.

JANCO analyst Vijay K. Singh said, " As the price of SunPower stock continues to discount the regulatory headwind at the cost of the Company's excellent operational performance, any resolution of the outstanding regulatory issues will likely result in substantial upside to the stock price. Furthermore, the increased guidance from management reflects the Company's ability to diversify its business away from problem areas without losing momentum. We are confident that management is fully aware that
the current market environment can be quite unforgiving toward earnings shortfalls. Therefore, it has no incentive to give guidance it will have difficulty meeting."

[nicolani]

http://www.reuters.com/article/companyNews/idUKN182647442008…

[meinolf67]

24.07.2008 23:02
SunPower Acquires Solar Sales, a Leading Australian Distributor

SAN JOSE, Calif., July 24 /PRNewswire-FirstCall/ -- SunPower Corporation (News), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that it has completed the acquisition of Australian integrator and distributor, Solar Sales Pty Ltd. With this acquisition, SunPower now extends its global presence into the emerging Australian solar market.

Founded in 1983, Solar Sales was one of Australia's first photovoltaic companies and is a leading systems integration and product distribution organization. Solar Sales offers solar panels and inverters via a national network of 30 dealers throughout Australia, and designs, builds and commissions large-scale commercial systems.

"Solar Sales has been a valued SunPower customer and partner for several years," said Howard Wenger, senior vice president of global business units at SunPower Corp. "The strength of its management team, coupled with its market understanding and momentum, will help to form an ideal platform from which we can succeed in both the commercial and residential markets."

Bob Blakiston, managing director of Solar Sales, added: "I am tremendously excited that SunPower has chosen this time to enter the Australian market. This strategic acquisition strengthens our ability to bring SunPower's capabilities and proven components and systems technologies to the Australian market. As the demand for solar grows, we look forward to expanding our dealer base, commercial systems business and SunPower product offerings."

[nicolani]

sunpower ist und bleibt ein absolutes muss-invest, sehr gute strategische ausrichtung, an der permanent gearbeitet wird, selbst für jeden laien erkennbar, hier wird was grosses entstehen,

[meinolf67]

EcoVillage Farm Living Center Dedicates SunPower Solar System

SunPower Teams with Local Organizations to Celebrate Green Collar Job Training Program

SAN JOSE, Calif., July 28, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today is joining Sun Light & Power and non-profit organizations Solar Richmond, Solar Living Institute and Rising Sun Energy Center to dedicate a 2-kilowatt SunPower solar system on the rooftop of EcoVillage Farm Learning Center in Richmond, Calif. SunPower provided financial support for the project and joins with partner organizations to celebrate green collar job training for local youth.

With a grant from the Bay Area Air Quality Management District, Solar Living Institute, in collaboration with Solar Richmond and Rising Sun Energy Center, provided training to 18 students on the basics of solar electricity and installation. Sun Light & Power then installed the SunPower solar array at EcoVillage, with assistance from the new trainees.

"SunPower is pleased to provide financial support for the solar array that will benefit the EcoVillage Farm Learning Center's sustainability goals, while providing an educational tool for its visitors," said Bobby Ram, director of global community relations for SunPower Corp. "We are delighted to be a part of this dedication and embrace the organization's training program that enables local youth to learn new skills that can offer career opportunities in the future."

EcoVillage Farm Learning Center, which promotes environmental conservation, restoration, and growing a socially just community, is located on 5.6 acres of uniquely preserved, semi-rural farm land. The farm will benefit from the solar array with an immediate 85 percent reduction on its energy bill, and receive a new element in its farming operations that will reinforce sustainability principles to thousands of local visitors.

Shyaam Shabaka, founder and executive director of EcoVillage Farm, added: "The SunPower system provides us with critical financial savings, allowing us to expand our operations and enhance our programs."

"We are confident that our trainees will use this hands-on solar knowledge as they develop their careers," said Michele McGeoy, executive director of Solar Richmond. "We commend SunPower for its commitment to the community and for the environmental leadership they continue to demonstrate through support of this project."

[meinolf67]

Ingres Technology Supporting SunPower Solar Operations
in News Departments > Products & Technology
by SI Staff on Tuesday 05 August 2008
email the content item print the content item

SunPower Corp. has selected Ingres Corp., a provider of open-source database management software and support services, to support its solar manufacturing operations.

SunPower, which specializes in solar cells, panels, roof tiles and multi-megawatt solar power systems, will use Ingres technology to boost three mission-critical applications, including its manufacturing execution system (MES). The MES manages all of SunPower's production lines within its factories in the U.S. and Europe.

Ingres' solutions will also support SunPower's cell test application (to test data from finished products) and its statistical process control application, which provides process control capability and analysis to the factories.

SunPower says it also plans to implement the Ingres Icebreaker BI Appliance to enhance operational reporting, provide staff with critical data analysis capabilities, and implement dashboards and other real-time indicators for executive management.

[meinolf67]

Sunny Southern California will become even brighter for the Los Angeles Unified School District (LAUSD) thanks to an agreement to install solar panels at the District’s General Stores and Foods Warehouse in Pico Rivera. LAUSD has signed an agreement with SunPower Corporation, a manufacturer of high efficiency solar cells, solar panels and solar systems, to install approximately one megawatt of renewable solar power at the Pico Rivera site. The project will kick-off with an event on August 27 at the Pico Rivera site.

The annual environmental benefits of this green power purchase will avoid an estimated 1,141 tons of CO2 emissions each year, which is equivalent to the CO2 emissions from 117,517 gallons of gasoline consumed; the CO2 emissions from 2,408 barrels of oil consumed; or the CO2 emissions from the electricity use of 137 average American homes.

This project will be the first in the District’s program to install a minimum of 15 MW of renewable technology, including solar power, at schools and other facilities by 2012 and signifies the strong commitment of the Board of Education to sustainability programs in the District. The General Stores and Foods Warehouse will receive a solar-electric system that could reduce energy costs by hundreds of thousands of dollars over the life of the project. Additional sites are also currently being reviewed for solar installations.

“As the second largest school district in the nation, LAUSD needs to be a leader in green schools and sustainable initiatives,” Board President Mónica García said. “This solar energy initiative is a significant step forward that will save much-needed funds for the classroom and help improve the environment for the sake of our children’s future.”

“We are excited about launching our solar energy program. This is the first of many renewable energy projects coming in the next year. LAUSD has many buildings that have the capability of drawing energy from the perennial Southern California sun,” LAUSD Chief Facilities Executive Guy Mehula said. “This is a further commitment by our Board to make sure we do what is best for our students and teachers, best for the budget, best for the environment and best for transforming the future, as today’s green-educated children become tomorrow’s leaders. ”

The District will purchase the generated electricity from a third-party financier under the SunPower Access™ Power Purchase Agreement program. The agreement with SunPower is contingent upon finalizing a contract with the third-party financier. The financier will finance, own and operate the solar power systems. Delivering predictably priced electricity with no upfront system cost, the program will provide the District with immediate savings and a long-term hedge against rising peak power prices.

LAUSD will also retain 100 percent ownership of the Renewable Energy Credits (RECs) associated with this project. RECs are certificates that represent the environmental attributes or “greenness” of renewable power. RECs can be separated from the associated electricity and sold to other entities that may claim them as a demonstration of its commitment to green power or to satisfy a legal requirement to purchase electricity from renewable sources.

“The Los Angeles Unified School District is demonstrating leadership and civic responsibility with their commitment to building this significant solar power installation,” SunPower Chief Executive Officer, Tom Werner, said. “By financing LAUSD’s SunPower system through a power purchase agreement, the District will achieve cost savings on utility expenses over the long-term with no initial investment. In addition, the system will generate clean, renewable solar power, reducing the amount of greenhouse gas emissions released into our environment.”

SunPower designs, manufactures and delivers high-efficiency solar power systems to residential, commercial, public sector and utility-scale power plant customers worldwide. In Southern California, the company has installed systems for Macy’s, Toyota, the U.S. Navy and the West Basin Municipal Water District in El Segundo, among others.

The LAUSD General Stores and Foods Warehouse is a 400,000 sq ft. facility which receives and distributes office supplies, furniture and more to over 1000 locations throughout Los Angeles County. Aside from providing quality product, competitive pricing and customer service, the Stores Warehouse averages a 30 percent to 40 percent savings compared to outside retail and government entities. The Foods Warehouse, with a 70,000 sq. ft. freezer, supplies the District’s school cafeterias with frozen food, produce and food-related supplies. In addition to warehouse operations, this facility houses the District’s Mail Unit which is responsible for all interoffice and U.S. mail; the Reprographics Unit which provides document production services to schools and offices; and Truck Operations responsible for the movement of student testing and instructional materials throughout the District, as well as the coordination of rubbish and salvage pickup.

[meinolf67]

PG&E Signs Historic 800 MW Photovoltaic Solar Power Agreements With OptiSolar and SunPower

Solar Projects Would Supply Enough Renewable Energy Equivalent to the Energy Needs of 239,000 Californian Homes

SAN FRANCISCO, Aug 14, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Pacific Gas and Electric Company today announced it has entered into two utility-scale, photovoltaic (PV) solar power contracts for a total of 800 megawatts (MW) of renewable energy. This significant commitment to photovoltaic technology will deliver cumulatively 1.65 billion kilowatt-hours of renewable energy annually. This would be equivalent to the amount of energy needed to serve approximately 239,000 residential homes each year.

PG&E entered into an agreement with Topaz Solar Farms LLC, a subsidiary of OptiSolar Inc., for 550 MW of thin-film PV solar power. The utility also signed a contract with High Plains Ranch II, LLC, a subsidiary of SunPower Corporation (Nasdaq: SPWR), for 250 MW of high-efficiency PV solar power.

"These landmark agreements signal the arrival of utility-scale PV solar power that may be cost-competitive with solar thermal and wind energy," said Jack Keenan, chief operating officer and senior vice president for PG&E. "We will continue to explore such innovative technologies as we aggressively work to increase the amount of renewable energy we provide our customers."

Utility-scale PV solar projects feature photovoltaic solar modules, which convert sunlight directly into electricity and produce the greatest amounts of power during the afternoons, when electricity demand is high. Both projects are contingent upon the extension of the federal investment tax credit for renewable energy and processes to expedite transmission needs.

Over the past six years, PG&E has entered into contracts for more than 3,600 MW of renewable power, including solar contracts that total more than 2,500 MW. PG&E now has contractual commitments for more than 24 percent of its future power deliveries from renewables, including wind, biomass and geothermal.

OptiSolar's Topaz Solar Farm

The 550 MW Topaz Solar Farm project would utilize relatively low-cost, thin-film PV panels designed and manufactured by OptiSolar in Hayward and Sacramento. Located in San Luis Obispo County, California, the project would deliver approximately 1,100,000 megawatt-hours annually of renewable electricity. The project is expected to begin power delivery in 2011 and be fully operational by 2013.

"We are very happy to be working with PG&E to help meet California's requirements for clean, renewable energy and are committed to working closely with the local community as this project moves forward," said Randy Goldstein, chief executive officer of OptiSolar. "Our solar farms are quiet and emission-free, with solar panels mounted near ground level to minimize visual impact. Implementing cost-competitive solar power on this scale establishes thin-film photovoltaic generation as an important contributor to global sustainability."

SunPower's California Valley Solar Ranch

SunPower's planned 250 MW solar ranch, would be located in San Luis Obispo County's California Valley and will deliver an average of 550,000 megawatt-hours of clean electricity annually. The project is expected to begin power delivery in 2010 and be fully operational in 2012. The ranch would employ SunPower's proprietary crystalline PV solar cells, which generate up to 50 percent more power than conventional crystalline cells. The company would install its patented SunPower(R) Tracker solar tracking systems at the site, which tilt toward the sun as it moves across the sky, increasing energy capture by up to 30 percent over fixed systems, while reducing land-use requirements.

"Today, high-efficiency photovoltaic technology is a competitively-priced component of utility-scale peak power generation," said Tom Werner, chief executive officer of SunPower. "Our experience constructing more than 350 megawatts of solar systems on three continents allows us to deliver utility-scale systems quickly and at a scale of hundreds of kilowatts to hundreds of megawatts. We design our solar systems to maximize energy harvest while adapting to the natural topography of the site and serving the needs of the community."

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation, is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, the company delivers some of the nation's cleanest energy to 15 million people in northern and central California. For more information, visit http://www.pge.com.

About OptiSolar

OptiSolar Inc. is California-based independent power producer committed to delivering clean, competitively priced electricity to the power grid from its large-scale solar farms, using its proprietary thin-film photovoltaic (PV) panels. A vertically integrated business model allows OptiSolar to significantly reduce the cost of renewable, high-volume solar energy. The company's headquarters, R&D operations, and first manufacturing facility are located in Hayward, California. Its second manufacturing facility, under construction in Sacramento, will be the largest PV solar panel plant in North America. OptiSolar has development offices in Canada, Europe, and Asia. For more information about OptiSolar, please visit the company's website at http://www.optisolar.com.

OptiSolar is a trademark of OptiSolar Inc.

About SunPower Corp.

SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

SunPower is a registered trademark of SunPower Corporation. Cypress is a registered trademark of Cypress Semiconductor Corp. All other trademarks are the property of their respective owners.

[meinolf67]

August 15, 2008 | about stocks: CY / PCG / SPWR


On CNBC this afternoon, the chief executive of solar technology provider SunPower (SPWR), Thomas Warner, called the contract with California utility PG&E (PCG), announced yesterday, “fantastic.”

Asked by CNBC’s Melissa Lee whether the deal would be accretive to earnings, Warner said, “Yes, absolutely,” and then went on to add, “Just to give you an idea of the scale, this is as big as the entire output of the company this year, so it is a huge contract.” As for the timing of when the deal will add to earnings, Warner said the first part of the contract will be installed in 2010, and it will be completed in 2012. Pressed by Lee whether that meant 2010 earnings would be boosted, he said, “Yeah, that’s when we’ll be producing power to the site.”

“This is as much as the total photovoltaic capability installed in all of North America last year,” said Warner.

SunPower will have to continuously hire to install the stuff, said Warner. As Warner pointed out, SunPower is playing the card of regulation, meaning, the renewable portfolio standards requirement that has been applied to utilities in 30 states requiring that they derive a certain percentage of their power from renewable sources by certain time frames. I reported on this factor when I talked with SunPower’s VP of public policy, Julie Blunden, back at the JP Morgan technology conference in May. As Warner put it today, “When 30 states have such standards, the growth driver for solar is incredible.”

Shares of SunPower were up $13.95 at today's close, or 17.7%, to $92.52. Shares of SunPower’s parent company, Cypress Semiconductor (CY), were also jumping today, up $3.51, or 12.92%, to $30.67. Cypress said back on July 17 it plans to spin off its SunPower stake by the end of this year.

[meinolf67]

August 28, 2008, 11:16 am
SunPower Jumps; Pacific Crest Upgrades To Outperform
Posted by Eric Savitz

SunPower (SPWR) shares are trading higher this morning after Pacific Crest’s Mark Bachman upped his rating on the stock to Outperform from Sector Perform, setting a $116 price target.

“Solar cheerleaders will be waving their pom-poms at two huge solar conferences taking place in the next six weeks,” Bachman wrote in a note this morning, referring to next week’s European Photovoltaic Solar Energy Conference in Spain, followed six weeks later by the Solar Power International show in San Diego in mid-October. “Q3 earnings should be strong again as we believe SunPower has been successful in raising prices on its components business. 2008 should end with additional upside in Q4 as customers rush to finish projects before renewal of the ITC [the U.S. investment tax credit for solar energy] potentially fails. Large utility-scale project announcements should surface in November and December. With so much good news to come for SunPower, investors should be positioned on the right side of the momentum.”

All that said, Bachman says he is still wary on the 2009 first half, given an “overly-bullish consensus” on estimates. He also thinks that the company will need to raise capital in 2009, and could do a potentially dilutive equity offering. Not least, Bachman also notes that Cypress Semiconductor (CY) intends to complete the spin-out of its roughly 50% stake in the company by October, cautioning that “as these shares become available on the market, the stock could come under pressure from profit takers.”

SPWR today is up $3.07, or 3.3%, to $96.51.

[nicolani]

M&A
GE will SPWR übernehmen, könnte ein gewaltiger anstieg bevorstehen

[meinolf67]

SunPower Promotes Howard Wenger to President, Global Business Units

SAN JOSE, Calif., Sept 02, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWR), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that Howard Wenger has been promoted to the position of president, global business units.

Wenger has more than 20 years of experience in the solar photovoltaic industry and has served as SunPower's senior vice president, global business units for the past two years. He also served as executive vice president and a member of the Board at PowerLight Corp. for three years prior to its purchase by SunPower in 2007. In his new role, Wenger is responsible for driving SunPower's growth and revenue generation, scaling the company's rapidly growing sales organization and developing SunPower's outbound channels for the residential, commercial and power plant markets. Under his leadership, SunPower's revenue has grown from $142.3 million in the first quarter of 2007 to $382.8 million in the second quarter of 2008. With his guidance, SunPower has secured major customer accounts with retailers such as Macy's and Target, and was instrumental in negotiating and executing ground- breaking utility and power plant contracts such as those with General Electric in Europe, Nevada Power in Nev., Florida Power & Light in Fla., and Pacific Gas & Electric (PG&E) in Calif.

"Howard has continually proven himself to be a committed leader with the capacity to guide and rapidly grow our global company," said Tom Werner, SunPower's chief executive officer. "His work, and that of his team, is a testament to his passion for making SunPower the premium energy company worldwide, and solar the best choice of energy for individual consumers and utility-scale businesses alike."

Wenger's past experience includes vice president, North America, for AstroPower, Inc., prior to its acquisition by General Electric. During his tenure there, he guided the company to be a leader in the on-grid solar power market. He co-founded Pacific Energy Group, an energy consulting firm noted for defining and implementing public policies and legislation to mainstream solar power. Wenger also worked for PG&E in both photovoltaic research and strategic planning, and served as an invited researcher at the Ben-Gurion National Solar Energy Center in Israel, working with some of the world's leading solar scientists. He earned a bachelor's degree in environmental studies from the University of California, Santa Barbara, and a master's degree in engineering from the University of Colorado, Boulder.

[meinolf67]

Antwort auf Beitrag Nr.: 34.921.748 von nicolani am 30.08.08 23:26:52

Woher hast Du das?

[nicolani]

warte bis donnerstag, GE wird sich erklären

[meinolf67]

SunPower Names Luis Torres Managing Director, Market Development Southern Europe


Madrid, Sept. 2, 2008 - SunPower Corporation (Nasdaq: SPWR), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that Luis Torres has joined the company as managing director, market development southern Europe. In this newly created role, he is responsible for working with public policy officials, industry colleagues and solar advocates to grow solar markets throughout southern Europe.

Torres joins SunPower with more than 10 years of expertise in the solar power industry. Prior to joining SunPower, he held several key positions with BP Solar, including southern European regulatory development and external affairs director. In this role, he helped develop feed-in tariff programs in Spain and Italy that substantially expanded the grid-connected solar markets in these countries. Earlier in his career with BP Solar, Torres was named senior business development manager for South America, where he drove multi-million dollar solar projects that powered rural areas in Brazil, Ecuador and Columbia. In addition, Torres held several positions with leading photovoltaic companies working in sales and marketing, business development, regulatory affairs and supply chain management securing capital equipment assets.

"As SunPower continues its rapid growth into existing and emerging global markets, it is imperative that we hire leaders like Luis with the expertise to shape solar and power markets," said Julie Blunden, vice president of public policy and corporate communications for SunPower. "Luis will work closely with all of the solar stakeholders to ensure that we accelerate solar power deployment across southern Europe. I am delighted to welcome Luis the SunPower team."

Torres holds a master's of science degree in Aerospace Engineering from the Polytechnic University in Madrid, Spain, and a master's degree in marketing from the Manchester Business School in the U.K.

[meinolf67]

Antwort auf Beitrag Nr.: 34.953.059 von nicolani am 02.09.08 21:32:29

lt. GE-Webseite präsentieren sie am Donnerstag bei Goldman Sachs zu Healthcare...

sonst steht nix

[meinolf67]

Antwort auf Beitrag Nr.: 34.953.059 von nicolani am 02.09.08 21:32:29

das Einzige, was mir noch einfällt, ist daß Cypress gerade am Spin-off von Sunpower arbeitet und als Datum "September" nennt.

WENN da was im Busch ist, müßte das parallel geschehen.

Umgekehrt dürfte es OHNE einen solchen spin-off gar nicht gehen, bzw. müßte man Cypress kaufen.

[meinolf67]

Antwort auf Beitrag Nr.: 34.953.549 von meinolf67 am 02.09.08 22:25:24

Cypress Semiconductor (CY) SunPower (SPWR) Spinoff Will Create An Ungodly Mess (SPWR)
Corey Lorinsky | Sep 2, 08 9:10 AM

supernova.jpgCypress Semiconductor (CY) wants to spin off a huge block of SunPower (SPWR) stock, a move that could create a major overhang on SPWR's stock price (as CY shareholders dump them).

One hitch, however: When CY went to the IRS to get approval for this plan, the IRS said CY must distribute its 42 million Class B shares without converting them to the publicly traded Class A shares prior to distribution. This will create two classes of stock...and a mess for those who have been shorting SPWR and going long CY.

AmTech's John Hardy breaks down what this means for SPWR shareholders and especially to those who have exposure to both stocks:

Following the distribution now expected to occur in the October timeframe, there will be a dual listing for SunPower (SPWRA, SPWRB).

SPWRB will maintain an 8 to 1 voting advantage over SPWRA; therefore, SPWRB should trade at a premium to SPWRA. It is important to remember SPWRA will be the same asset as SPWR; however, the distributed shares (SPWRB) are now worth more in our eyes than prior to the IRS decision.

However, investors that have been shorting shares of SPWR against their ownership of CY in order to better expose themselves to CY's core semiconductor business will be unable to cover their shorts through CY's distribution of SPWRB shares as we understand it. This is likely to result in volatility pre and post distribution and potential outperformance of SPWRA shares as investors sell distributions of SPWRB shares in order to purchase SPWRA to cover short positions.

AmTech reiterates BUY on SunPower (SPWR), target $164.

[nicolani]

sieht ganz danach aus, als würde cypress das ganze en bloc abgeben, was auch sinn machen würde, CY könnte direkt einen hohen preis für seinen restanteil erzielen und der aufkäufer müsste nicht langwierig über die börse einsammeln, also lassen wir uns überraschen, kurs hat sich ja auch schon seit bekanntgabe des spin-off sehr gut entwickelt, was ja auch nicht unbedingt normal ist, also auf steigende kurse

[plus_ma]

+
verstehe leider nicht ganz, was da abgeht, bzw. abgehen soll..
Und schon gar nicht, warum der kurs jetzt so einknickt.
Das mit den 2 Aktienklassen ist ja immer ein Risiko.

Wenn einer von Euch das blickt....und in einfache Worte
fassen könnte, wär´s toll.

Wollte heut eigentlich schwer zuschlagen, bin aber etwas verunsichert.
Bei diesen komplizierten Deals bleibt der Kleinanleger ja oftmals
auf der Strecke, nach meiner Erfahrung.

Gruß +

[plus_ma]

+
übrigens. wenn ich es richtig sehe, wurden heute diverse Solars
erheblich abgestraft....könnte also bei Sunpower einfach das "normale Marktumfeld"
gewesen sein....

Das hieße eigentlich, heut noch schnell billig in US kaufen.

werd mal einen Groschen werfen.
+

[meinolf67]

Antwort auf Beitrag Nr.: 34.953.059 von nicolani am 02.09.08 21:32:29

und WANN heute soll was passieren?

[plus_ma]

+
Das war dann also wohl gestern der Grund:

"...SunPower (SPWR) shares are trading sharply lower after CEO Thomas Werner said he expects prices for solar panels to drop by 10%-20% next year. ..."
+

[meinolf67]

Sunpower's Profit Margin Likely to Plunge in 2009
by: Jon Jacksonn posted on: September 05, 2008 | about stocks: LDK / SOLF / SPWR


We have seen a few warnings lately about the price drop of solar panel in 2009. The latest one is from Sunpower Corp. (SPWR). CEO Thomas Werner warned of a price drop of 10-20% in 2009. Citigroup analyst Arcuri also warned of a price drop averaging 15% in 2009. So how is this going to impact the profit margins of these solar companies?

If you do simple math, the result is scary. For example Sunpower Corp's profit margin may slip into single digits. SPWR reported second quarter net income of $28.6 million, or 34 cents a share. The company had revenue of $382.8 million with 22% profit margin. Assume we have a 15% price drop on solar panels, this drop cuts directly into profit margins, and we can easily see a single digit 7% profit margin in 2009. The same thing may happen to Solarfun Power (SOLF) as the company also predicted a 5-10% price drop on solar panels. However, the costs in 2009 may drop as well, but investors should not expect too much of a cost reduction because the wafer price in 2009 should be slight higher based on LDK solar's (LDK) prediction in its Q2 earnings call.

This explains the selloff happening in the current solar sector, and may continue for a while as Spain's subsidy is still uncertain and the US solar tax credit unlikely to pass before it expires by the end of this year. And if the Republicans win the election, plunging oil may eventually damage the investment environment in renewable energy. It may even take longer to pass the bill.

[chas]

Antwort auf Beitrag Nr.: 35.000.241 von meinolf67 am 05.09.08 17:42:10

Das ist wohl das grosse (B)Rätselraten

Solar Panel Prices Might Not Decline As Much As Thought

Hier geht man von weniger aus:
http://biz.yahoo.com/ibd/080904/tech.html?.v=1

[plus_ma]

Cypress Announces Record and Distribution Dates for Spin-Off of SunPower Class B Common Stock

A committee of the Board of Directors of Cypress Semiconductor Corp. (NYSE:CY) today approved the spin-off of its shares of Class B common stock of SunPower Corp. to Cypress’s stockholders.

The distribution of the SunPower outstanding Class B shares owned by Cypress will be made to Cypress stockholders of record as of the close of trading on the NYSE on September 17, 2008 (the "record date"). The distribution of the Class B shares will be made after the close of trading on September 29, 2008, provided that, at such time, the SunPower Class B common stock is listed for trading on the Nasdaq Global Select Market and SunPower has on file an effective registration statement with the Securities and Exchange Commission with respect to the spin-off. Cypress currently expects that these conditions to the spin-off will be satisfied. SunPower is currently in the process of listing the Class B common stock on the Nasdaq Global Select Market.

SunPower has reserved the symbol "SPWRB” for the Class B common stock. Each share of Class B common stock entitles the holder to eight votes on all matters submitted to stockholders. Each share of Class A common stock of SunPower, which is listed under the symbol "SPWR” on the Nasdaq Global Select Market, entitles the holder to one vote on all matters submitted to stockholders. SunPower has reserved the symbol "SPWRA” for the Class A common stock following the distribution. The approximate outstanding shares of SPWRA and SPWRB will be 44 million and 42 million, respectively.

Cypress expects to distribute approximately 0.27 of a share of SunPower Class B common stock for every share of Cypress common stock outstanding as of the record date, based on the number of Cypress shares outstanding on that date. Cypress stockholders will receive cash in lieu of fractional shares for amounts of less than one SunPower share. The exact distribution ratio will be determined on the record date and will vary with employee options that may be exercised before the record date.

"We are extremely pleased to distribute approximately $3.6 billion in value to our shareholders," said Cypress President and CEO T.J. Rodgers. "Over the last six years, the Cypress-SunPower partnership has led to the development and expansion of one of the world's most successful alternative energy companies with industry-leading products and an unprecedented market opportunity.

"This distribution offers significant advantages to both SunPower and Cypress. It provides the Cypress management team with an unprecedented opportunity to unlock the value of a semiconductor operation that in recent years -- led by our flagship PSoC® programmable system-on-chip -- has become one of the industry's leading suppliers of high-margin proprietary and programmable solutions.”

Further Information

Cypress has been advised that a "when issued" public market for Cypress common stock will begin some time before the record date on the New York Stock Exchange (NYSE) and continue through the distribution date under the symbol "CYwi." "When issued" refers to buying Cypress shares without the entitlement to the SunPower dividend.

Any holder of Cypress common stock who sells shares of Cypress (which currently trades on the NYSE under the symbol "CY") in the "regular way" market on or before the distribution date may be selling the entitlement to receive shares of SunPower Class B common stock in the spin-off. Holders of Cypress common stock are encouraged to consult with their financial advisors regarding the specific implications of selling Cypress common stock on or before the distribution date.

Cypress has received a private letter ruling from the Internal Revenue Service (based on representations made by Cypress) that the spin-off will be tax-free to Cypress and its stockholders for U.S. federal income tax purposes, except in respect to cash received in lieu of fractional share interests.

No action is required by Cypress stockholders to receive their SunPower Class B common stock, and Cypress stockholders will not be required to surrender any Cypress shares or pay anything, other than any taxes due on cash received in lieu of fractional share interests.

Registered holders of Cypress common stock who are entitled to receive the distribution will receive an account statement reflecting their ownership of SunPower Class B common stock from our Transfer Agent, Computershare. For additional information, registered stockholders in the U.S. or Canada should contact Cypress's transfer agent, Computershare Trust Company at www.computershare.com/contactus, or by phone at [phone].

Holders of Cypress common stock who hold their shares through a broker, bank or other nominee will have their brokerage account credited with the SunPower Class B common stock. For additional information, those holders should contact their broker or bank directly.

About Cypress

Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the PSoC® Programmable System-on-Chip™, USB controllers, general-purpose programmable clocks and memories. Cypress also offers wired and wireless connectivity solutions ranging from its WirelessUSB™ radio system-on-chip, to West Bridge™ and EZ-USB® FX2LP controllers that enhance connectivity and performance in multimedia handsets. Cypress serves numerous markets including consumer, computation, data communications, automotive, industrial, and solar power. Cypress trades on the NYSE under the ticker symbol CY. Visit Cypress online at www.cypress.com

About SunPower

SunPower Corporation (Nasdaq: SPWR) designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe and Asia. For more information, visit http://www.sunpowercorp.com. SunPower is a majority-owned subsidiary of Cypress Semiconductor Corp. (NYSE: CY).

Forward-Looking and Cautionary Statements

This press release contains forward-looking statements, as defined under the Federal securities laws. These forward-looking statements include statements regarding Cypress's expectations regarding the timing of the spin-off and the satisfaction of the conditions to the spin-off. These forward-looking statements are not guarantees and are subject to risks, uncertainties and assumptions that could cause a delay in the spin-off, or cause the spin-off not to occur at all. Factors that could cause actual results to differ materially include risks and uncertainties, including but not limited to risks associated with unexpected delays or issues in listing the SunPower Class B common stock on the Nasdaq Global Select Market or registering the spin-off with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to Cypress's expectations as of the date hereof. Cypress undertakes no obligation to update these forward-looking statements as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

The issuer may file a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the company will arrange to send you the prospectus after filing if you request it by calling 1-[phone], attention Investor Relations.

© Die Welt

erschienen am 05.09.2008 um 23:39 Uhr

[meinolf67]

habe die Hälfte meiner Posi zu 31,95 zurückgekauft; bin seh gespannt auf die Zahlen nachher

[meinolf67]

SunPower Reports Third-Quarter 2008 Results

-- Generated third quarter 2008 revenue of $377.5 million, up 61% year-on- year
-- Achieved $0.26 GAAP net income per share, $0.60 non-GAAP
-- Announced agreements with Pacific Gas and Electric Co., and Florida Power & Light Co., for power plants totaling 250 megawatts and 35 megawatts respectively
-- Grew residential and small-commercial rooftop dealer network by more than 25% sequentially
-- 500 systems representing 400 megawatts installed or under contract to date worldwide
-- Dedicated 8.4-megawatt power plant in Isla Major, Spain - total Spanish systems exceed 165 megawatts completed or under contract
-- Completed Cypress Semiconductor distribution of SunPower class B shares
-- Achieved free cash flow positive. Increased cash, cash equivalents and investments by $95 million in Q3, business plan fully funded.

SAN JOSE, Calif., Oct 16, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWRA, SPWRB) today announced financial results for the third quarter 2008, which ended September 28, 2008. This press release contains both GAAP and non-GAAP financial information. Non-GAAP figures are reconciled to the closest GAAP equivalent figures on the final page of this press release. Please note that the company has posted additional, supplemental information related to its third-quarter 2008 performance on the Events and Presentations section of the Investor Relations page located on the SunPower website at www.sunpowercorp.com.

Revenue for the 2008 third quarter was $377.5 million and compares to $382.8 million in the second quarter of 2008 and $234.3 million in the third quarter of last year. The Components and Systems segments accounted for 49% and 51% of third quarter revenue, respectively.

For reporting purposes, the Systems segment generally represents products and services sold directly to the system owner. Additionally, both SunPower and third-party solar panels sold through the Systems segment channels are recorded as Systems segment revenue. The Components segment primarily represents products sold to installers and resellers.

On a GAAP basis, for the 2008 third-quarter, SunPower reported gross margin of 27.1%, total operating income of $50.2 million and diluted net income per share of $0.26. These figures include non-cash operating expenses for amortization of purchase accounting intangible assets of $4.2 million, and non-cash and stock-based compensation of $18.9 million.

On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets and stock-based compensation, SunPower reported total gross margin of 29.2%, operating income of $73.3 million and diluted net income per share of $0.60. This compares with prior-quarter non-GAAP gross margin of 26.4%, total operating income of $67.6 million and $0.61 diluted net income per share. Overall gross margin improvement reflected continued growth in Components segment gross margin. For the 2008 third quarter, Components segment gross margin reached 39.2%, benefitting from higher average conversion efficiency and better silicon utilization, continued reduction in silicon costs, higher volume, and slightly higher average selling prices. System segment gross margin was 19.7%, reflecting a shift in both geographic and product mix.

"In the third-quarter, SunPower continued to demonstrate the advantage of a multi-segment, multi-geographic, vertical integration strategy as we executed very well in an evolving policy environment," said Tom Werner, SunPower's CEO. "By leveraging our flexible model, we expanded our global footprint, opened up new markets and laid the foundation for long-term success. Overall, global industry fundamentals remain strong and demand is increasing across multiple geographies. Our cost reduction roadmap is paying dividends as we are now selling at a levelized cost of energy which is cost- effective for our customers as evidenced by our recent utility-scale announcements with Pacific Gas and Electric Co. (PG&E), and Florida Power & Light Co. With the recent extension of the U.S. Investment Tax Credit, we now have a national solar market in the U.S. with long-term visibility and significant additional demand potential in all three market segments - residential, commercial and utility. We also saw uncertainty removed from the Spanish market in the third quarter. These developments make us even more confident in our planned performance as we look into next year.

"In the Components business segment, during the third quarter, we grew our worldwide dealer network by more than 25 percent. This business is scaling very rapidly building on our multi-year investment in the infrastructure to serve a wide variety of markets using a core backbone of technology and services. With this channel investment, we offer our customers not only the best technology solutions but also the best customer experience which is a key platform for the SunPower brand. In addition, our Components business segment has further expanded its global footprint by delivering sales into the Middle East.

"Our Systems business segment recorded another strong quarter in the power plant and commercial rooftop segments. To date, SunPower has installed, or has under contract, more than 165 megawatts of solar capacity in Spain including our recent dedication announcement of our 8.4 megawatt project in Isla Major, Spain. Additionally, we continued to expand our leadership position in the U.S. commercial market as Applied Materials activated a two- megawatt combination of roof and parking lot systems at their corporate campus in the third quarter, and we completed the largest single roof solar installation in the U.S. for Toyota Motor Sales. We also announced a building-integrated solar system surrounding the Living Roof at the new California Academy of Sciences, and dedicated our SunPower PowerGuard(R) system on the roof of the headquarters of the U.S. Department of Energy in Washington, D.C.

"Our cost reduction programs remain on track, enabling us to open up new markets such as the U.S. utility market where the combination of our tracking and industry leading cell technologies offer utilities a very competitive levelized cost of energy. In a watershed announcement for the industry, we were selected by PG&E to supply the California utility with 250-megawatts of solar power by 2012. This project will be the first, true utility-scale photovoltaic power plant in the world when completed, delivering an average of 550,000 megawatt-hours of clean electricity annually. The project is contracted to begin power delivery in 2010 and be fully operational in 2012. This win demonstrates that photovoltaic technology is competitive with other utility-scale generation options today. SunPower's success in the utility- scale market is a direct result of our high-efficiency solar panels paired with high-capacity SunPower tracker technology, which generates up to 30 percent more energy than fixed tilt systems.

"Due to strong industry fundamentals, continued execution of our vertical integration strategy, expected gross margin expansion, and our progress on our cost reduction programs, we will materially meet our target operating model in the fourth quarter. We are strategically well positioned for 2009 and remain on track to realize our mission of reducing installed systems cost by 50% from 2006 to 2012.

"Based on the strong global demand trends that we are seeing, as well as our internal execution on our goal of reducing system installed costs by 50% from 2006 to 2012, we expect the following fiscal year 2008 non-GAAP results: total revenue of $1.44 billion to $1.46 billion and diluted net income per share of $2.34 to $2.41. Consistent with our practice of offering guidance for the current quarter, we expect fourth quarter 2008 non-GAAP total revenue of $405 million to $435 million, company non-GAAP gross margin of 29% to 30% and non-GAAP diluted net income per share of $0.73 to $0.80. We also expect our 2009 total revenue to be in of the range of $2.05 billion to $2.15 billion, production capacity of 450+ megawatts and non-GAAP diluted net income per share of at least $3.50 (1).

"On a business segment basis, we expect the following non-GAAP results for the fourth quarter 2008: Components segment revenue of $235 million to $255 million, and gross margin of 37% to 37.5%; Systems segment revenue of $170 million to $180 million and gross margin of 18% to 19% (2). We expect the Components segment to benefit from the continued manufacturing ramp of our next-generation technology and lower silicon cost and the Systems segment to reflect a combination of changes in project and regional mix," concluded Werner.

About SunPower

SunPower Corporation (Nasdaq: SPWRA, SPWRB) designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe, Australia, and Asia. For more information, visit www.sunpowercorp.com.

(1) For the full year 2008, we expect the following total company GAAP
results: Revenue of $1.44 billion to $1.46 billion and diluted net income
per share of $1.08 to $1.15. For the fourth quarter of 2008, we expect the
following total company GAAP results: Revenue of $405 million to $435
million; gross margin of approximately 26.8 percent to 27.8 percent and
diluted net income per share of $0.34 to $0.41. For the full year 2009, we
expect the following total company GAAP results: Revenue of $2.05 billion
to $2.15 billion and diluted net income per share of at least $2.10.

(2) For the fourth quarter of 2008, we expect the Components business
segment to generate GAAP revenue of $235 million to $255 million and gross
margin of approximately 35.5 percent to 36 percent and the Systems
business segment to generate GAAP revenue of $170 million to $180 million
and gross margin of approximately 15 percent to 16 percent.


Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are statements that do not represent historical facts and may be based on underlying assumptions that that are forward- looking. The company uses words and phrases such as "plan," "increasing," "roadmap," "visibility," potential," "is scaling," "will," "to begin," "to realize," "expect," and similar expressions to identify forward-looking statements. Forward-looking statements in this press release include, but are not limited to, the company's plans and expectations regarding: (a) business plan being fully funded; (b) demand increasing across multiple geographies; (c) the company's cost reduction roadmap paying dividends; (d) recent extension of U.S. investment tax credit providing a national solar market in the U.S. with long-term visibility and significant additional demand potential in all three market segments - residential, commercial and utility; (e) components business scaling very rapidly building on the company's multi-year investment in the infrastructure to serve a wide variety of markets using a core backbone of technology and services; (f) the company's constructing a 250 megawatt solar power plant between 2010 and 2012, ultimately delivering an average of 550,000 megawatt-hours of clean electricity annually; (g) the company achieving certain GAAP and non-GAAP results, including (1) total revenue and diluted net income per share for fiscal years 2008 and 2009, (2) total revenue, gross margin percentage, and diluted net income per share for the fourth quarter of fiscal year 2008, and (3) Components segment and Systems segment revenue and gross margin percentage for the fourth quarter of fiscal year 2008; (h) the company materially meeting its target operating model in the fourth quarter; (i) the company realizing its mission of reducing installed systems cost by 50% from 2006 to 2012; (j) production capacity of 450+ megawatts for 2009; and (k) the preliminary results the company is reporting for its third fiscal quarter, which remain subject to regular quarter-end review and later audit by its independent auditors. These forward-looking statements are based on information available to the company as of the date of this release and management's current expectations, forecasts and assumptions, and involve a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. Such risks and uncertainties include a variety of factors, some of which are beyond the company's control. In particular, risks and uncertainties that could cause actual results to differ include: (i) the company's ability to obtain and maintain an adequate supply of polysilicon, ingots, wafers and other materials, components and products to manufacture its component products and design and construct its systems, as well as the price it pays for such materials, components and products; (ii) business and economic conditions and growth trends in the solar power industry; (iii) the continuation of governmental and related economic incentives promoting the use of solar power; (iv) the continued availability of third-party financing arrangements for the company's customers; (v) construction difficulties or potential delays in the project implementation process, including transmission access and upgrades; (vi) unanticipated delays or difficulties securing necessary permits, licenses or other governmental approvals, including approval of the contracts by the California Public Utilities Commission; (vii) the risk of continuation of supply of products and components from suppliers; (viii) unanticipated problems with deploying the system on the sites; (ix) the company's ability to ramp new production lines and realize expected manufacturing efficiencies; (x) unforeseen manufacturing equipment delays at the company's fabrication facilities and panel factories; (xi) the company's ability to utilize thinner wafers, reduce kerf loss and otherwise achieve anticipated improvements in polysilicon usage efficiency; (xii) production difficulties that could arise; (xiii) the success of the company's ongoing research and development efforts; (xiv) the company's ability to compete with other companies and competing technologies; (xv) liquidated damages or customer refunds for late installations arising on large scale solar projects (xvi) unanticipated changes in the mix of balance of systems sales; (xvii) the company's ability to successfully transition to its new ERP and accounting system and the potential impact of such on its reported results in this press release (which remain subject to regular quarter-end review by its internal auditors) and its periodic reports; and (xviii) other risks described in the company's Quarterly Report on Form 10-Q for the quarter ended June 29, 2008, and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the company's views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Non-GAAP Measures

To supplement the consolidated financial results prepared under GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude items related to stock-based compensation, amortization of intangible assets, impairment of acquisition-related intangibles, impairment of long-lived assets, fair value adjustments to deferred revenue, purchased in-process research and development expenses, write-off of unamortized debt issuance costs, and their related tax effects. Management does not consider these charges in evaluating the core operational activities of SunPower. Management uses these non-GAAP measures internally to make strategic decisions, forecast future results and evaluate SunPower's current performance. Most analysts covering SunPower use the non-GAAP measures as well. Given management's use of these non-GAAP measures, SunPower believes these measures are important to investors in understanding SunPower's current and future operating results as seen through the eyes of management. In addition, management believes these non-GAAP measures are useful to investors in enabling them to better assess changes in SunPower's core business across different time periods. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data and may be different from non-GAAP measures used by other companies.

Fiscal Periods

SunPower operates on a fiscal calendar comprised of four thirteen-week quarters that end at midnight Pacific Time on the Sunday nearest the calendar quarter-end.

SunPower is a registered trademark of SunPower Corp. All other trademarks are the property of their respective owners.

SUNPOWER CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

(Unaudited)


Sept. 28, Dec. 30,
2008 2007

ASSETS


Cash and cash equivalents $271,394 $285,214
Restricted cash 110,040 67,887
Investments 49,221 134,503
Accounts receivable, net 195,339 138,250
Costs and estimated earnings in excess of
billings 56,717 39,136
Inventories 190,487 140,504
Deferred project costs 12,031 8,316
Prepaid expenses and other assets 121,937 65,084
Advances to suppliers 144,915 161,220
Property, plant and equipment, net 536,713 377,994
Goodwill and other intangible assets, net 240,641 235,630

Total assets $1,929,435 $1,653,738


LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable $259,093 $119,869
Accrued and other liabilities 122,721 105,476
Convertible debt 425,000 425,000
Billings in excess of costs and
estimated earnings 9,640 69,900
Customer advances 116,572 69,403

Total liabilities 933,026 789,648

Stockholders' equity 996,409 864,090

Total liabilities and stockholders'
equity $1,929,435 $1,653,738



SUNPOWER CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)

(Unaudited)

THREE MONTHS ENDED NINE MONTHS ENDED
Sept. 28, Jun. 29, Sept. 30, Sept. 28, Sept. 30,
2008 2008 2007 2008 2007

Revenue
Systems $193,330 $270,593 $157,734 $642,774 $340,266
Components 184,170 112,158 76,600 391,178 210,181
377,500 382,751 234,334 1,033,952 550,447

Cost of systems
revenue 160,073 209,137 135,111 512,423 289,095
Cost of
components
revenue 115,092 80,584 60,818 272,844 160,730
275,165 289,721 195,929 785,267 449,825

Gross margin 102,335 93,030 38,405 248,685 100,622

Operating expenses:
Research and
development 6,049 4,813 3,902 15,504 9,659
Selling, general
and
administrative 46,075 43,208 27,708 123,141 76,188
Purchased in-
process
research and
development - - - - 9,575
Impairment of
acquisition-
related
intangibles - - - - 14,068

Total operating
expenses 52,124 48,021 31,610 138,645 109,490

Operating income
(loss) 50,211 45,009 6,795 110,040 (8,868)

Interest and
other income
(expense), net (803) (1,362) 3,032 805 4,765

Income (loss)
before income
taxes 49,408 43,647 9,827 110,845 (4,103)

Income tax
provision
(benefit) 27,019 15,039 1,396 47,091 (8,429)

Net income $22,389 $28,608 $8,431 $63,754 $4,326

Net income per share:
- Basic $0.28 $0.36 $0.11 $0.80 $0.06
- Diluted $0.26 $0.34 $0.10 $0.76 $0.05

Shares used in
calculation of net
income per share:
- Basic 80,465 79,412 77,693 79,614 75,516
- Diluted 84,488 84,036 82,610 84,061 80,526



(In thousands, except per share data)

THREE MONTHS ENDED NINE MONTHS ENDED
Sept. 28, Jun. 29, Sept. 30, Sept. 28, Sept. 30,
2008 2008 2007 2008 2007
(Presented on a GAAP Basis)
Gross margin $102,335 $93,030 $38,405 $248,685 $100,622
Operating
income
(loss) $50,211 $45,009 $6,795 $110,040 $(8,868)
Net income per
share:
- Basic $0.28 $0.36 $0.11 $0.80 $0.06
- Diluted $0.26 $0.34 $0.10 $0.76 $0.05


THREE MONTHS ENDED NINE MONTHS ENDED
Sept. 28, Jun. 29, Sept. 30, Sept. 28, Sept. 30,
2008 2008 2007 2008 2007
(Presented on a non-GAAP Basis)
Gross margin $110,157 $101,066 $47,904 $276,958 $129,468
Operating
income
(loss) $73,323 $67,650 $27,017 $180,107 $74,522
Net income per
share:
- Basic $0.63 $0.64 $0.35 $1.69 $0.93
- Diluted $0.60 $0.61 $0.33 $1.60 $0.87




About SunPower's Non-GAAP Financial Measures

To supplement its consolidated financial results presented in accordance with GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude non-cash items related to stock- based compensation expenses, amortization of intangibles, impairment of acquisition-related intangibles, impairment of long-lived assets, fair value adjustments to deferred revenue, purchased in-process research and development expenses, write-off of unamortized debt issuance costs, and their related tax effects. The non-GAAP adjustments included herein are primarily the result of our acquisition of SunPower Corporation, Systems or SP Systems (formerly known as PowerLight Corporation) on January 10, 2007. The specific non-GAAP measures listed below are gross margin, operating income and net income per share. Management believes that each of these non-GAAP measures (gross margin, operating income and net income per share) are useful to investors by enabling them to better assess changes in each of these key elements of SunPower's results of operations across different reporting periods on a consistent basis, independent of these non-cash items. Thus, each of these non-GAAP financial measures provides investors with another method for assessing SunPower's operating results in a manner that is focused on its ongoing core operating performance, absent the effects of purchase accounting, stock-based compensation charges, impairment of long-lived assets and write-off of unamortized debt issuance costs. Management also uses these non-GAAP measures internally to assess the business and financial performance of current and historical results, for strategic decision making, forecasting future results and evaluating the company's current performance. Many of the analysts covering SunPower also use these non-GAAP measures in their analyses. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data, the non-GAAP results should be reviewed together with the GAAP results and are not intended to serve as a substitute for results under GAAP, and may be different from non-GAAP measures used by other companies.

-- Non-GAAP gross margin. The use of this non-GAAP financial measure allows management to evaluate the gross margin of the company's core businesses and trends across different reporting periods on a consistent basis, independent of non-cash items including stock-based compensation expenses, amortization of intangibles, impairment of long-lived assets and fair value adjustments to deferred revenue. In addition, it is an important component of management's internal performance measurement process as it is used to assess the current and historical financial results of the business, for strategic decision making, preparing budgets and forecasting future results. Management presents this non-GAAP financial measure to enable investors and analysts to evaluate our revenue generation performance relative to the direct costs of revenue of SunPower's core businesses.

-- Non-GAAP operating income. The use of this non-GAAP financial measure allows management to evaluate the operating results of the Company's core businesses and trends across different reporting periods on a consistent basis, independent of non-cash items including stock-based compensation expenses, impairment of long-lived assets, amortization of intangibles, impairment of acquisition-related intangibles, and all other purchase accounting charges. In addition, it is an important component of management's internal performance measurement process as it is used to assess the current and historical financial results of the business, for strategic decision making, preparing budgets and forecasting future results. Management presents this non-GAAP financial measure to enable investors and analysts to understand the results of operations of the Company's core businesses and to compare our results of operations on a more consistent basis against that of other companies in our industry.

-- Non-GAAP net income per share. Management presents this non-GAAP financial measure to enable investors and analysts to assess the Company's operating results and trends across different reporting periods on a consistent basis, independent of non-cash items including stock-based compensation expenses, impairment of long-lived assets, write-off of unamortized debt issuance costs, amortization of intangibles, impairment of acquisition-related intangibles, all other purchase accounting charges and the tax effects of these non-GAAP adjustments. In addition, investors and analysts can compare the Company's operating results on a more consistent basis against that of other companies in our industry.

Non-Cash Items

-- Stock-based compensation. Stock-based compensation relates primarily to SunPower stock awards such as stock options and restricted stock. Stock-based compensation is a non-cash expense that varies in amount from period to period and is dependent on market forces that are difficult to predict. As a result of this unpredictability, management excludes this item from its internal operating forecasts and models. Management believes that non-GAAP measures adjusted for stock-based compensation provide investors with a basis to measure the company's core performance against the performance of other companies without the variability created by stock-based compensation.

-- Impairment of long-lived assets. SunPower incurred an impairment of long-lived assets in the first quarter of fiscal 2008, which relates to the discontinuation of our imaging detector product line and for the write-off of certain solar manufacturing equipment which became obsolete due to new processes. SunPower excluded this item because the expense is not reflective of its ongoing operating results in the period incurred. Excluding this data provides investors with a basis to compare the company's performance against the performance of other companies without non-cash expenses such as impairment of long-lived assets.

-- Write-off of unamortized debt issuance costs. The market price trigger condition was met for our senior convertible debentures in late December 2007, giving holders of the convertible debt the right to convert the convertible debt in the first quarter of fiscal 2008. As a result, SunPower accelerated the amortization of deferred debt issuance costs. Excluding this non-cash charge provides investors with a basis to compare SunPower's period-over- period operating results because the charge is not reflective of SunPower's historical results or its expected future expenses after such costs were fully amortized on January 2, 2008.

-- Amortization of intangibles. SunPower incurs amortization of intangibles as a result of Cypress acquiring the company in November 2004, in which Cypress' cost of purchased technology, patents, trademarks and a distribution agreement is reflected in our financial statements. In addition, SunPower incurs amortization of intangibles as a result of our acquisitions, which includes purchased technology such as existing technology, patents, brand names and trademarks. SunPower excludes these items because these expenses are not reflective of ongoing operating results in the period incurred. These amounts arise from prior acquisitions and have no direct correlation to the operation of SunPower's core businesses.

-- Impairment of acquisition-related intangibles. SunPower incurred an impairment of acquisition-related intangibles in June 2007, which relates to the net book value of the PowerLight tradename being written off in its entirety as a result of the change in branding strategy. SunPower excluded this item because the expense is not reflective of its core operating performance after completion of its acquisition of SP Systems. Excluding this data provides investors with a basis to compare the company's performance against the performance of other companies without non-cash expenses such as impairment of acquisition-related intangibles.

-- Purchase accounting charges. Purchase accounting charges as a result of prior acquisitions include: (1) amortization of intangibles, which includes purchased technology related to acquisitions such as existing technology, patents, brand names and trademarks; (2) fair value adjustments to deferred revenue, which is an acquisition-related adjustment that results in certain revenues never being recognized under GAAP by either the acquiring company or the company being acquired and (3) purchased in-process research and development expenses, which relates to projects in process as of the acquisition date that have not reached technological feasibility and are immediately expensed. These acquisition-related charges are not factored into management's evaluation of potential acquisitions or its performance after completion of acquisitions, because they are not related to our core operating performance, and the frequency and amount of such charges can vary significantly based on the size and timing of acquisitions and the maturities of the businesses being acquired. Excluding this data provides investors with a basis to compare SunPower's performance against the performance of other companies without the variability caused by purchase accounting.

-- Tax effect. This amount is used to present each of the amounts described above on an after-tax basis with the presentation of non-GAAP net income per share.

For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of GAAP results of operations measures to non-GAAP measures" set forth at the end of this release and which should be read together with the preceding financial statements prepared in accordance with GAAP.


SUNPOWER CORPORATION
RECONCILIATIONS OF GAAP MEASURES TO NON-GAAP MEASURES
(Unaudited)
(In thousands, except per share data)

STATEMENT OF OPERATIONS DATA:

THREE MONTHS ENDED NINE MONTHS ENDED
Sept. 28, Jun. 29, Sept. 30, Sept. 28, Sept. 30,
2008 2008 2007 2008 2007
GAAP gross
margin $102,335 $93,030 $38,405 $248,685 $100,622
Fair value
adjustment
to deferred
revenue - - - - 1,142
Amortization of
intangible
assets 2,947 2,907 5,911 9,066 18,668
Stock-based
compensation
expense 4,875 5,129 3,588 13,718 9,036
Impairment of
long-lived
assets - - - 5,489 -
Non-GAAP gross
margin $110,157 $101,066 $47,904 $276,958 $129,468

GAAP operating
income (loss) $50,211 $45,009 $6,795 $110,040 $(8,868)
Fair value
adjustment
to deferred
revenue - - - - 1,142
Amortization of
intangible
assets 4,201 4,034 6,858 12,552 21,408
Stock-based
compensation
expense 18,911 18,607 13,364 52,026 37,197
Purchased in-
process research
and development - - - - 9,575
Impairment of
acquisition-
related
intangibles - - - - 14,068
Impairment of
long-lived assets - - - 5,489 -
Non-GAAP operating
income $73,323 $67,650 $27,017 $180,107 $74,522


NET INCOME PER SHARE:

THREE MONTHS ENDED NINE MONTHS ENDED
Sept. 28, Jun. 29, Sept. 30, Sept. 28, Sept. 30,
2008 2008 2007 2008 2007

Basic:
GAAP net income
per share $0.28 $0.36 $0.11 $0.80 $0.06
Reconciling items:
Stock-based
compensation
expense 0.24 0.23 0.17 0.65 0.49
Impairment of
long-lived
assets - - - 0.07 -
Purchase accounting:
Fair value
adjustment to
deferred revenue - - - - 0.02
Amortization of
intangible
assets 0.05 0.05 0.09 0.16 0.28
Purchased
in-process
research and
development - - - - 0.13
Impairment of
acquisition-
related
intangibles - - - - 0.19
Write-off of
unamortized debt
issuance costs - - - 0.01 -
Tax effect 0.06 - (0.02) - (0.24)

Non-GAAP net
income per
share $0.63 $0.64 $0.35 $1.69 $0.93


Diluted:
GAAP net income
per share $0.26 $0.34 $0.10 $0.76 $0.05
Reconciling items:
Stock-based
compensation
expenses 0.23 0.22 0.16 0.62 0.46
Impairment of
long-lived
assets - - - 0.06 -
Purchase accounting:
Fair value
adjustment to
deferred
revenue - - - - 0.01
Amortization of
intangible
assets 0.05 0.05 0.09 0.15 0.27
Purchased in-
process
research and
development - - - - 0.12
Impairment of
acquisition-
related
intangibles - - - - 0.17
Write-off of
unamortized debt
issuance costs - - - 0.01 -
Tax effect 0.06 - (0.02) - (0.21)

Non-GAAP net
income per
share $0.60 $0.61 $0.33 $1.60 $0.87

Shares used in
calculation of
GAAP net income
per share:
- Basic 80,465 79,412 77,693 79,614 75,516
- Diluted 84,488 84,036 82,610 84,061 80,526

Shares used in
calculation of
non-GAAP net
income per share:
- Basic 80,465 79,412 77,693 79,614 75,516
- Diluted 84,488 84,036 82,610 84,061 80,526



The following supplemental data represents the individual charges and credits that are excluded from SunPower's non-GAAP financial measures for each period presented in the Condensed Consolidated Statements of Operations contained herein.

SUPPLEMENTAL DATA
(In thousands)

THREE MONTHS ENDED

September 28, 2008
Gross Margin

Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)

Amortization
of intangible
assets $1,841 $1,106 $-- $1,254 $-- $-- $--
Stock-based
compensation
expense 2,911 1,964 987 13,049 -- -- --
Tax effect -- -- -- -- -- -- 5,186
$4,752 $3,070 $987 $14,303 $-- $-- $5,186


June 29, 2008
Gross Margin

Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)

Amortization
of intangible
assets $1,841 $1,066 $-- $1,127 $-- $-- $--
Stock-based
compensation
expense 2,239 2,890 972 12,506 -- -- --
Tax effect -- -- -- -- -- -- (118)
$4,080 $3,956 $972 $13,633 $-- $-- $(118)


September 30, 2007
Gross Margin

Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)

Amortization
of intangible
assets $4,788 $1,123 $-- $947 $-- $-- $--
Stock-based
compensation
expense 2,049 1,539 404 9,372 -- -- --
Tax effect -- -- -- -- -- -- (1,786)
$6,837 $2,662 $404 $10,319 $-- $-- $(1,786)


NINE MONTHS ENDED

September 28, 2008
Gross Margin

Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)
Amortization
of intangible
assets $5,850 $3,216 $-- $3,486 $-- $-- $--
Stock-based
compensation
expense 7,661 6,057 2,770 35,538 -- -- --
Impairment of
long-lived
assets 1,343 4,146 -- -- -- -- --
Write-off of
unamortized
debt issuance
costs -- -- -- -- -- 972 --
Tax effect -- -- -- -- -- -- (415)
$14,854 $13,419 $2,770 $39,024 $-- $972 $(415)


September 30, 2007
Gross Margin

Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)

Fair value
adjustment
to deferred
revenue $1,142 $-- $-- $-- $-- $-- $--
Amortization
of intangible
assets 15,298 3,370 -- 2,740 -- -- --
Stock-based
compensation
expense 6,235 2,801 1,253 26,908 -- -- --
Purchased in-
process
research and
development -- -- -- -- 9,575 -- --
Impairment of
acquisition-
related
intangibles -- -- -- -- 14,068 -- --
Tax effect -- -- -- -- -- -- (17,761)
$22,675 $6,171 $1,253 $29,648 $23,643 $-- $(17,761)

[meinolf67]

Kriegt er den Job als Belohnung für den Auftrag, oder ist er beim Verhandeln so positiv aufgefallen, daß sie Ihn abwerben?:


SunPower Names Dennis V. Arriola Chief Financial Officer

Sempra Energy Utilities Veteran Brings More Than 20 Years of Financial Experience

SAN JOSE, Calif., Oct 20, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that utilities veteran Dennis V. Arriola has been named SunPower's senior vice president and chief financial officer (CFO).

Arriola will join SunPower in November, reporting to CEO Tom Werner. In this strategic role, Arriola will lead the company's global finance, planning and accounting organizations, as SunPower continues its growth in the residential, commercial and utility solar markets.

"Dennis brings to SunPower a wealth of experience in the power markets and the natural gas markets both in the U.S. and abroad," said Tom Werner, SunPower's CEO. "SunPower is leading the solar PV sector into the utility- scale business. We believe a CFO who deeply understands both regulated and restructured energy markets will accelerate our growth in that sector."

With more than 20 years of financial experience, Arriola was most recently senior vice president and CFO at San Diego Gas & Electric and Southern California Gas Co., Sempra Energy's California regulated utilities. In this role, he was instrumental in building the finance and treasury teams, which included accounting, planning and budgeting, strategic development, risk management, information technology, and procurement. He was a key member of the Risk Management Committee, where he reviewed major energy commodity contracts and policy direction.

"The power industry is in the process of transforming to address fuel price volatility, supply reliability and climate change," said Dennis Arriola, incoming CFO for SunPower. "Solar PV power is an attractive retail and wholesale peaking power resource because it can be sited anywhere, at any scale and is fast to market. SunPower has a leading position in the industry and I look forward to working with its world-class team to build strong growth for shareholders, superior products and services for customers, and a great company for employees."

During his 14 year tenure at Sempra Energy, Arriola also served as vice president of communications and investor relations. From 1998 to 2001, he was the company's regional president and general manager, South American Operations, where he managed the company's investments in Argentina, Chile and Peru. From 1994 to 1998, he was vice president and treasurer for Pacific Enterprises/Southern California Gas Company where he oversaw the treasury and finance operations, including cash management, capital markets activity, foreign exchange, leasing, dividend policy and relationships with various commercial and investment banks.

Arriola earned a master's degree in business administration from Harvard University and a bachelor's degree in economics from Stanford University. He also serves as a trustee for the Tomas Rivera Policy Institute in Los Angeles, and as a member of the board of directors of the San Diego Symphony. He was recently named one of the top 100 most influential Hispanics by HispanicBusiness.com.

Arriola will work closely with retiring CFO, Manny Hernandez, through January 2009. Hernandez, who joined SunPower in 2005, was instrumental in orchestrating SunPower's successful initial public offering in November of 2005 and has continued to guide the company's growing revenue, estimated to be more than $1.4 billion in 2008.

[meinolf67]

Belmar Unveils One of the Largest Solar Parking Structures in the Western United States

1.75-Megawatt Solar Array Dedicated in Lakewood, Colo.

LAKEWOOD, Colo., Oct 22, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Continuum Lakewood Development Company, in association with MMA Renewable Ventures, a subsidiary of Municipal Mortgage & Equity, LLC (Pink Sheets: MMAB), Oak Leaf Energy Partners and SunPower Corporation (Nasdaq: SPWRA, SPWRB), is dedicating today a 1.75-megawatt solar power system that has been constructed on three parking garages at the Belmar mixed-use development in Lakewood, Colo. It is one of the largest solar parking structures in the Western U.S.

"This solar project delivers on the Colorado promise of the 'New Energy Economy,' which is establishing Colorado as a leader in renewable energy and creating jobs throughout the state," said Colorado Gov. Bill Ritter. "I congratulate Continuum for its leadership and call upon developers and business owners throughout the nation to follow the example we've set here in Lakewood."

Gov. Ritter, as well as U.S. Sen. Ken Salazar, Congressman Ed Perlmutter, Lakewood Mayor Bob Murphy and other regional dignitaries, will attend the dedication ceremony today.

MMA Renewable Ventures, which owns and operates the 1.75-megawatt system, joined with Continuum Partners and SunPower to develop an innovative partnership, leveraging tax credits and incentives to finance this landmark solar power system. The partnership enabled the City of Lakewood and Belmar to deploy the solar parking structure under a long-term electricity power contract, or power purchase agreement (PPA). The electricity is competitively priced against retail rates, providing Belmar with a long-term hedge against rising peak power prices.

The Belmar solar parking structure was designed and installed by SunPower, using more than 8,000 SunPower solar panels, which are the highest efficiency panels on the market today. The solar parking structure supports Colorado's commitment to environmental sustainability by reducing carbon emissions into the atmosphere by almost 4 million pounds each year.

"Our decision to partner with Oak Leaf Energy Partners, MMA Renewable Ventures and SunPower was a key factor to the success of this project," said Mark Falcone, Continuum managing partner. "For a project of this scope and complexity, we have been well served by teaming up with the largest and most experienced partners in the sector."

The Belmar solar project is part of the Xcel Energy Solar Rewards Program and will receive a rebate to offset the upfront construction costs. Xcel Energy will purchase the renewable energy credits from the clean electricity produced in support of Colorado's Renewable Energy Standard, which requires large utilities to generate 20 percent of their power from renewable energy sources by 2020.

About Continuum Partners, LLC

Continuum Partners is a Denver based real estate development company born from the belief that there is a connection between long-term, sustained property value and high-quality urban design. Continuum combines an experienced real estate development team with a solid base of capital resources to develop projects that demonstrate the principles of smart-growth. Continuum Partners, LLC metro-Denver projects include: Bradburn, Belmar, Art House Townhomes, Belleview Station and Union Station.

About Belmar

Belmar, located 10 minutes from downtown Denver at South Wadsworth Boulevard and West Alameda Avenue in Lakewood, Colo., is a walk-able community that includes 70 shops and 14 restaurants, entertainment, cultural activities, homes, offices and ample free parking. Belmar is dedicated to the responsible use of limited natural resources and the reduction of energy use. In addition to the development's new solar power system, the Belmar district features a small urban wind farm with 14 turbines powering lighting for a large parking lot as well as solar powered pay-and-display parking kiosks used to manage 350 on-street parking spaces. For more information, visit http://www.belmarcolorado.com or call 303-742-1520.

About MMA Renewable Ventures

A wholly-owned subsidiary of Municipal Mortgage & Equity, LLC (OTC: MMAB.PK), MMA Renewable Ventures is a provider of renewable energy to businesses, utilities and government. The company develops, finances, owns and operates solar, wind, biomass and energy efficiency projects that provide clean power to our customers without capital investment or maintenance costs. MMA Renewable Ventures is dedicated to delivering competitively-priced, clean energy and energy savings to customers, strong partnership options for project developers, and exceptional opportunities for institutional investment in the clean energy sector. Our team of engineers, financiers and project managers are passionate about building a sustainable future. For more information, visit http://www.mmarenewableventures.com.

About Oak Leaf Energy Partners

Oak Leaf Energy Partners was founded in 2005 to provide project development and consulting services for renewable energy transactions. The company helps property owners deploy solar and other renewable energy derived power across their portfolio of buildings and properties. Oak Leaf Energy Partners ("OEP") provides full turnkey development solutions, including feasibility studies, site planning and interconnection analysis, tax and financial structuring and negotiating financing and EPC contracts. Since its founding, the Company has emerged as one of the largest and most active solar energy developers in the Rocky Mountain West, with a growing regional and international footprint and pipeline.

[meinolf67]

SunPower to Host Its Annual Analyst Day in Las Vegas on November 11, 2008

Event to be Webcast at: http://investors.sunpowercorp.com

SAN JOSE, Calif., Nov 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB) will host its annual Analyst Day at the Red Rock Resort and Spa in Las Vegas, Nev., on Nov. 11th beginning at 10:15 a.m. PST. The event will be webcast live and can be accessed through SunPower's website at http://investors.sunpowercorp.com/events.cfm. It will then be archived on SunPower's website for two weeks. A copy of the presentation will be posted to its Investor page just prior to the start of the event.

About SunPower Corp.

SunPower Corporation (Nasdaq: SPWRA and SPWRB) designs, manufactures and delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe, Australia, and Asia. For more information, visit http://www.sunpowercorp.com.

SunPower is a registered trademark of SunPower Corp. All other trademarks are the property of their respective owners.

SOURCE SunPower Corporation

[meinolf67]

SunPower Announces Impact of Recent Foreign Exchange Rate Volatility

Fourth Quarter 2008 and Fiscal Year 2009 Guidance Adjusted

SAN JOSE, Calif., Nov 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWRA, SPWRB) today announced that substantial strengthening of the U.S. dollar relative to the Euro during the fourth quarter is expected to reduce earnings growth in the current quarter and fiscal year 2009.

SunPower has historically operated under a hedging policy to minimize its exposure to changes in the foreign exchange rate between the U.S. dollar and other currencies. In connection with its global tax planning the company recently changed the functional currency of certain European subsidiaries from dollars to Euros, resulting in greater exposure to changes in the value of the Euro. Implementation of this tax strategy had, and will continue to have, the ancillary effect of limiting SunPower's ability to hedge certain Euro-denominated revenue. As a result of the U.S. dollar's recent substantial appreciation relative to the Euro, the company became under-hedged during the fourth quarter of 2008 and for the fiscal year 2009. SunPower believes that it has adjusted its hedging positions to limit its net income exposure to currency fluctuations and believes that it will be hedged for 80 to 90 percent of Euro-denominated net income in the fourth quarter of 2008 and more than 50 percent for the first three quarters of 2009.

The aggregate foreign exchange impact on fourth quarter results is expected to be approximately $17 million on revenue, $15 million on GAAP and non-GAAP gross profit and $0.15 on non-GAAP net income per share. For the fiscal year 2009 the company anticipates the impact to be approximately $50 million in revenue and $0.50 on non-GAAP net income per share.

These adjustments reflect only the impact of exceptional foreign exchange fluctuations. Excluding these adjustments, SunPower's previously announced guidance for the fourth quarter of 2008 and fiscal year 2009 remains unchanged. The company expects the foreign exchange impact to be weighted significantly toward its Components business segment.

SunPower expects fourth quarter 2008 total revenue of $388 million to $418 million, company non-GAAP gross margin of 25 percent to 26 percent and non-GAAP diluted net income per share of $0.58 to $0.65.(1) For 2009, the company expects total revenue of $2.0 billion to $2.1 billion and non-GAAP diluted net income per share of at least $3.00.(2)

[UWR_Kerl]

Keiner mag SunPower. Wie kommt das denn?

Wenn ich mir das Volumen in Frankfurt so anschaue, ist das Interesse eher gering an dem Titel.

Liegt es vielleicht daran, dass Geiz geil ist und Sunpower etwas Qualität macht?! oder kann man das so nicht sagen?

[meinolf67]

SunPower and Ecoware Sign 130 Megawatt, Four-Year Customer Agreement

SunPower to Ship to Italian Solar Integrator in First Quarter of 2009 to Meet Growing Demand for Solar

SAN JOSE, Calif., Nov 10, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a customer contract with Italian solar plant integrator Ecoware, S.p.A.

Under the terms of the agreement, SunPower will provide Ecoware with at least 130 megawatts of its high-efficiency solar panels over the next four years. Ecoware will begin receiving SunPower's solar panels under the agreement in the first quarter of 2009.

"As electric rates continue to rise, SunPower recognizes the long-term growth opportunity for solar power in Italy and throughout Europe," said Howard Wenger, SunPower's president, global business units. "SunPower's high-efficiency solar panels improve the energy delivery and will lower the levelized cost of energy of Ecoware's ground mounted trackers."

Ecoware is a leading Italian systems integrator, designing turn-key power plant solutions. It manufactures dual-axis ground mounted tracker systems, and has designed and installed many solar parks throughout Italy. Ecoware also plans to expand its business into Southern and Eastern Europe.

"SunPower's high-efficiency solar panels maximize the energy output from each of our proprietary ground-mounted tracker systems by up to 50 percent when compared to conventional solar panels," said Leopoldo Franceschini, president of Ecoware. "Italy's abundant sunshine and strong support for solar power offer us the opportunity to substantially expand our operations as one of Italy's leading solar integrators."

[meinolf67]

November 17, 2008, 4:08 pm
SunPower Reportedly Developing 45MW Facility in Calif.; Would Be The Third Largest PV Facility In The U.S.
Posted by Eric Savitz

SunPower (SPWRA) is developing a previously undisclosed 45 megawatt photovoltaic facility in San Luis Obispo County, California, according to Pacific Crest analyst Mark Bachman. Bachman says the facility is separate from a 250 MW project called California Valley Solar Ranch which also is based in San Luis Obispo County that was announced over the summer.

Target date for commercial operation of the new project is December 2011, Bachman reports. According to Bachman, this will be the third largest PV facility in the U.S., after the other project noted above and a 550 MW project under development elsewhere in California by Optisolar.

“Clearly, the utility-scale solar industry in the United States is starting to blossom,” Bachman writes.

Bachman estimates that the new project could add $270 million in sales in 2011, or about 34 cents a share, assuming a 12% net margin. (He figures the project is worth $225 million at $5 a watt; or $315 million at $7 a watt.)

SPWRA today is up $2.30, or 9%, to $27.86.

[meinolf67]

SunPower Completes 18-Megawatt Olivenza Solar Power Plant in Badajoz, Spain

MADRID, Spain, Nov 24, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --

SunPower (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced the completion of the 18-megawatt Olivenza solar electric power plant in Badajoz, Spain.

SunPower installed its proprietary SunPower(R) T20 Tracker solar tracking system at the site, covering a total of approximately 70 hectares. The SunPower Tracker follows the sun as it moves across the sky, increasing sunlight capture by up to 30 percent over conventional fixed-tilt systems.

"SunPower has extensive experience building solar power installations and the technology to maximize energy production at the site. Their expertise was a key factor in the successful completion of this project. To date, production performance has exceeded expectations," said Jose Tejada of 360 Corporate, a member of the consortium of equity investors who financed the project.

"SunPower's innovative solar tracker technology is part of our turnkey solar solution," said Mario Riello, European sales director of SunPower. "The SunPower Tracker solar power system is a proven and reliable solution for maximizing energy delivery, while optimizing land use and reducing related costs."

Construction on the project was completed in the spring, and the plant was connected to the power grid by the regional government in July.

From the company's Madrid office, SunPower has completed construction of more than 165 megawatts of Spanish power plants, and supports a network of local independent dealers installing commercial rooftop solar power systems throughout the country. Worldwide, SunPower has installed 500 solar power systems totaling more than 400 megawatts.

[meinolf67]

The Long and Winding Solar Road
by: Greentech Media November 27, 2008 | about stocks: SPWRA
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Q&A With SunPower's Dick Swanson

By Ucilia Wang

Solar CEOs like to complain these days about the lack of capital and the difficulty of getting their companies off the ground.

They should talk to Richard Swanson. As a professor of electrical engineering at Stanford in the 70s and 80s, he emerged as a leader in solar research. He co-founded SunPower back in 1985 to capitalize on the growing interest in alternative energy. Still, the company lived from project to project until Cypress Semiconductor invested $150 million into the company in 2002.

Now, of course, SunPower is one of the leaders of the industry. It makes the most efficient solar cells (22 percent) on the market. The company (NDSQ: SPWRA) also develops solar power plants and signed a 250-megawatt deal with Pacific Gas and Electric earlier this year (see PG&E to Buy 800MW From OptiSolar, SunPower).

Greentech Media caught up with Swanson during an event to dedicate a 185-kilowatt system at the Technology Museum of Innovation in San Jose last week. SunPower developed and oversaw the installation of the project, which features 803 rooftop panels.

Q: What was a big break for SunPower during its early years?

A: Our first big customer was Honda [in 1996] to develop a solar powered racecar. They came to us and say we know you make the most efficient solar cells, can you make them enough to cover a car. It was a tear-shaped car with cells integrated into the body. Very high tech. Very aerodynamic. It could go 90 miles an hour on solar power. They went on to win the race across Australia. In fact they beat the second-place winner by a day.

That put us on the map. Too bad the race was only once every three years. It wasn't very much of a supporting business for SunPower.

Q: But it took many more years to finally find a believer in Cypress?

A: The mainstream solar companies like BP and Shell (RDS.A) kind of ignored or dismissed us. They didn't think that SunPower would be anything other than a manufacturer of specialty products. It was expensive when we made them in a small factory in Sunnyvale. It wasn't until we brought the manufacturing know-how of the chip industry that we drove down the cost.

Q: Do you think how BP and Shell thought of SunPower is how most people in the solar industry view thin-film solar technologies, which are largely in the early stages of commercialization?

A: Thin-film hasn't quite happened yet. Maybe it can demonstrate that soon. We of course have lots of friends in the thin-film industry, and we watch them closely and root them on.

Q: Is SunPower interested in developing its own thin-film technology or buy a thin-film company?

A: We are interesting in everything. SunPower also is a larger purchaser of solar panels. We buy panels from other companies for developing power plants because we have more demand than supply. We could purchase thin-films for our plants.

Q: What were some technical hurdles to overcome when SunPower first entered the solar market?

A: Back then the market was very much smaller, so the people who were doing this were pioneers. They tried to figure out how to mount panels on the roof, for example. We merged with a company called PowerLight that made a breakthrough in that area. They realized that for a flat commercial roof, you didn't need to bolt panels to the roof. This array here [at the Tech Museum] was installed in three days. It would've taken weeks and weeks to install with the old method.

There have been breakthroughs all across the value chain, starting with refining silicon. The more we do it, the more the price comes down.

Q: The solar industry has taken off quickly in recent years - did you anticipate that?

A: The industry has been growing steadily, so it's not like something happened suddenly. Most people, especially in California, now know about solar power roof. But even five years ago, we were still getting the question: where does the hot water come out? People didn't realize it makes electricity.

What we learned from old timers at Cypress is that the solar industry feels just like the chip industry in the 70s. It's growing and anything and happen and it's exciting. But the word "chip" didn't enter the public lexicon until the IBM PC came out. Our IBM PC moment is right upon us for our industry.

Q: A lot of public education is still needed for solar, no?

A: A lot of people who aren't watching the industry have outdated ideas. I've even come across people who said with a straight face that, well, it makes no sense to do this because it takes more energy to make a panel than what the panel will ever produce. That actually came from a Scientific American article in 1970. It was probably true then. But it's not even close today.

Q: Is there a solar industry equivalent of Moore's Law in the chip industry that drives technology advancement while reducing production costs?

A: There is nothing like Moore's Law, which is really about shrinking geometries and getting more transistors onto a wafer. But there is a parallel thing that we are driving costs down on a predicable curve. It's not quite explosive as Moore's Law. The expensive crystalline silicon has been the biggest cost in the panel, and we have been steadily making wafers thinner and thinner to use less silicon.

We use half of the amount of silicon to produce a watt of power than we did five years ago. That's a tremendous progress.

Q: Speaking of silicon, there is a big debate about whether its shortage is over. What do you think?

A: Most observers think they see early signs of the easing of silicon availability. It's still more of drumbeats with your ears to the ground than the actual stampede that is in your face. As more silicon plants come online to drive the prices down, the panel prices also go down. But with the global recession, how much demand will there be for the panels? It's something that's unfolding, so next year will be an interesting time for our industry.

Q: Will the recession slow down solar market growth?

A: We don't know. We haven't seen it in any degree yet. But of course everybody is worried by what you read in the newspapers. We are still at the very early stage and attracting a lot of early adopters. There is a lot of pent up interest in solar.

[meinolf67]

SunPower to Supply German Solar Integrator with Commercial and Ground Mount Systems to Meet Strong Demand for Solar

SAN JOSE, Calif., Dec 01, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --

SunPower Corporation (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a customer contract with German solar power plant integrator City Solar Kraftwerke AG.

Over the next three years, SunPower will provide City Solar with solar panels and commercial rooftop and ground mounted systems. This includes at least 100 megawatts of SunPower's high-efficiency solar panels, the SunPower(R) T10 Solar Roof Tile for commercial rooftop installations, and the SunPower(R) T0 Tracker and SunPower(R) T20 Tracker for utility-scale, ground mounted systems.

"Solar continues to grow in Germany and throughout Europe, and demand for SunPower products remains strong," said Howard Wenger, SunPower's president, global business units. "We welcome City Solar as a new partner to deliver SunPower's high-efficiency solar panels and tracking systems to commercial and power plant customers."

City Solar Kraftwerke AG is one of the leading producers of large scale photovoltaic plants. Since 2003, the company has designed and built turn-key solar power plants at both the ground level and on rooftops.

"With this deal, we can offer our commercial customers SunPower's high-efficiency solar panels and patented rooftop and ground mounted tracking systems, which can significantly increase their energy output," said Steffen Kammler, City Solar president and CEO. "We are very pleased and excited to grow our global business using SunPower's proven technology."

The SunPower T10 Solar Roof Tiles are non-roof penetrating and tilt at a 10-degree angle to increase energy capture. The SunPower Tracker is a single axis design that enables solar panels to automatically track the sun's movement throughout the day, increasing sunlight capture by up to 25 percent. The SunPower T20 Tracker minimizes tracking expense relative to solar power plant capacity factor by increasing sunlight capture by up to 30 percent over conventional fixed-tilt systems.

[meinolf67]

SunPower to Build Largest Solar Power Tracking System in Australia

BELMONT, Australia, Dec 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --

SunPower Corporation (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency, solar cells, solar panels, and solar systems, today announced an agreement to build a 505-kilowatt solar power installation for Horizon Power, a government-owned company providing power to remote and regional communities and resource operations in Western Australia. The ground-mounted installation will be located on two sites in Marble Bar and Nullagine, in the east Pilbara region of Western Australia, and will be the largest solar tracking system in Australia.

"Horizon Power is excited to be driving a project that will set a new standard in large-scale renewable energy technology in Australia," said Horizon Power Managing Director Rod Hayes. "Horizon Power vigorously pursues renewable energy options for power generation and is pleased that regional Western Australians will be able to experience the benefits of leading-edge, large-scale renewable energy technology as a result of our partnership with SunPower."

"Western Australia is one of the best locations on Earth to capture the power of the sun," said Bob Blakiston, managing director of SunPower Australia. "The SunPower systems that we build on these sites will maximize the clean, renewable solar power generated for Horizon Power and the communities the company serves."

SunPower will install SunPower solar tracking technology on the sites, which will maximize the solar plant's energy delivery, while optimizing land use and reducing related costs. SunPower solar panels, the highest efficiency solar panels on the market today, will also be used to further enhance the production of the system. Construction is expected to be complete by September 2009.

Last month, SunPower announced that it is building a 305-kilowatt rooftop solar power system for the Crowne Plaza Hotel in Alice Springs, Northern Territory. SunPower entered the emerging Australian solar market earlier this year, with the acquisition of Solar Sales Pty Ltd. Solar Sales had partnered with SunPower for several years prior as a leading systems integrator and product distribution organization.

[meinolf67]

The Light Shines on: Wal-Mart and SunPower Announce Solar Power on Central Valley Store

Solar Power Pilot Project Complete at Hanford Wal-Mart

HANFORD, Calif., Dec 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --

Wal-Mart Stores, Inc. (NYSE: WMT) and SunPower Corporation (Nasdaq: SPWRA, SPWRB) today announced completion of a 554-kilowatt solar power system at the Wal-Mart store in Hanford, California. The system is estimated to generate approximately 15 percent of the store's electricity.

This Hanford store is part of a Wal-Mart pilot project to purchase solar power systems from SunPower and other solar providers for up to 22 Wal-Mart stores, Sam's Club locations and distribution centers in California and Hawaii.

It is expected these solar power systems at Wal-Mart's facilities will replace 7,000 to 8,000 metric tons of greenhouse gas emissions per year. The systems help move Wal-Mart towards its long-term goal to be supplied 100 percent by renewable energy, and will provide immediate cost savings over current utility rates.

"This project helps move Wal-Mart forward in our commitment to conserve energy, reduce energy costs and lower greenhouse gas emissions," said Kim Saylors-Laster, vice president of energy for Wal-Mart Stores, Inc. "We are very pleased with SunPower's work on the Hanford solar project and on all of our facilities on which they are building solar power systems."

The Hanford Wal-Mart store, as well as the nearby Wal-Mart distribution center in Porterville, are two of eight Wal-Mart facilities in California to receive SunPower solar power systems, totaling 4.2 megawatts, by the end of this year. The other six Wal-Mart facilities included in the SunPower contract are located in Chino, Simi Valley, Brea, Orange and Lakewood and Palmdale.

"Companies like Wal-Mart are turning to solar power because it makes good business sense and supports their environmental initiatives," said Tom Werner, chief executive officer of SunPower Corp. "Companies turn to SunPower because we have the most efficient solar technology in the world, and unparalleled experience in delivering high quality solar power installations anywhere and at any scale, from rooftops to parking structures to power plants."

Wal-Mart plans to use the results of the solar power pilot project to explore additional ways to achieve its renewable energy goals and to determine how to move forward with solar power generation at additional Wal-Mart locations.

[meinolf67]

SunPower Gets $288 Million for Solar-Panel Plant in Malaysia
Email | Print | A A A

By Dinakar Sethuraman

Dec. 25 (Bloomberg) -- SunPower Corp., the second-biggest U.S. solar-cell maker, said it can borrow as much as $288 million from the Malaysian government to fund a solar-panel project in the southeast Asian country.

The San Jose, California-based company plans to use the funds to build a factory in Malaysia to produce more than 1,000 megawatts a year of the panel components, the company said in a statement. The unit, the company’s third in Malaysia, may start output in 2010, the company said in a statement in May.

Record oil and coal costs until earlier this year helped propel solar power growth 40 percent a year in the past five years, a pace that may continue as panel costs decline. A global recession and a credit crunch have made it difficult for companies to raise capital from non-state lenders. One megawatt is enough to supply about 800 average U.S. homes.

U.S. President-elect Barack Obama is pushing a goal of having mandatory limits on U.S. greenhouse gases, as well as a proposal to create a $150 billion clean-energy fund to boost renewable technologies.

“The loans within the agreement are divided into two tranches, and the weighted average interest rate applicable to the two tranches is competitive with the cost of borrowing under SunPower’s existing line of credit,” the statement said.

The loans can be drawn upon through 2010 and the principal is to be repaid in six quarterly payments starting in June 2015, it said.

[KalleBum]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[meinolf67]

Castle & Cooke and SunPower Dedicate Hawai'i's Largest Solar Power System

Lana'i's 1.2-Megawatt La Ola Solar Farm to Supply 30 Percent of Island's Peak Electricity Demand

LANA'I CITY, Hawai'i, Jan 06, 2009 /PRNewswire-FirstCall via COMTEX News Network/ --

Castle & Cooke Hawai'i and SunPower Corporation (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, are dedicating today the 1.2-megawatt La Ola Solar Farm on Lana'i in Hawai'i. La Ola, which is translated from Hawaiian as "sun that gives life," is located on a 10-acre site in south Lana'i and is expected to produce enough clean, renewable solar power to supply up to 30 percent of the island's peak electric demand.

The system is expected to generate about 3 million kilowatt hours of electricity per year. The power is being purchased by Maui Electric Company (MECO), and transmitted to Lana'i's homes and businesses through MECO's electric power grid. This will help reduce more than 2300 tons of carbon dioxide emissions in Lana'i each year, which is approximately the same amount of carbon dioxide emitted from the consumption of almost 5000 barrels of oil or more than 237,000 gallons of gasoline.

"Castle & Cooke is committed to helping the state of Hawai'i achieve energy independence. With the dedication of Hawai'i's largest solar farm, we are delivering on our commitment by bringing clean solar energy to the people of Lana'i," stated David H. Murdock, chairman and owner of Castle & Cooke, Inc. "This state-of-the-art solar farm helps pave the way for Hawai'i to become a leader in the production of renewable energy. La Ola is just the first step of Castle & Cooke's plans for renewable, sustainable energy."

At the La Ola site, SunPower installed a single-axis SunPower(R) Tracker system. The Tracker tilts toward the sun as it moves across the sky, increasing energy capture by up to 25 percent over fixed systems while reducing land-use requirements.

"Clean, reliable solar power will become a core energy investment over the next decade, driven in large part by visionary leaders such as Castle & Cooke, MECO and the State of Hawai'i," said Tom Werner, chief executive officer of SunPower. "Having installed the first commercially-financed solar power system in the US on the Big Island of Hawaii in 1998, followed by more than six megawatts of solar power systems across the Hawaiian islands since that time, we are pleased to dedicate this very significant project on the island of Lana'i."

[meinolf67]

Entry into a Material Definitive Agreement

On January 9, 2009, SunPower Corporation (“SunPower”) entered into a polysilicon supply agreement (the “Agreement”) with Hemlock Semiconductor Corporation (“Hemlock”). The Agreement provides the general terms and conditions pursuant to which SunPower will purchase, on a firm commitment basis, fixed annual quantities of polysilicon at specified prices from 2011 through 2020. SunPower expects to supply the polysilicon to third parties that will manufacture ingots and wafers using such polysilicon for SunPower. The aggregate quantity of polysilicon to be purchased over the term of the Agreement is expected to support approximately 3.5 gigawatts of solar cell manufacturing production based on SunPower’s expected silicon utilization during such period.

Under the Agreement, SunPower is required to make prepayments to Hemlock of $14 million in 2009, $102 million in 2010, $102 million in 2011, and $73 million in 2012. Such prepayments will be used to fund the expansion of Hemlock’s polysilicon manufacturing capacity and will be credited against future deliveries of polysilicon to SunPower. The prepayments requirement, together with the balance of SunPower’s firm commitment payment obligations under the Agreement, represent a material financial obligation of SunPower. Based on current projections SunPower believes it will have sufficient liquidity, including cash on hand and expected future cash flows, to service the Agreement’s payment obligations.

[meinolf67]

Solar plant application submitted to SLO County

Posted by Debasish Choudhury on 20 January 2009 at 10:06

SunPower Corp. filed its application with San Luis Obispo County planners to build a 250-megawatt solar power plant in eastern SLO County.

Called California Valley Solar Ranch, the facility would generate enough electricity to power nearly every home in the county. SunPower is the last of three solar power firms to file applications to build solar power plants along Highway 58, north of the Carrizo Plain National Monument.

The company plans to begin construction next year on 1,900 acres near the Kern County line and go into full production in 2012. All three of the solar power companies have contracts with Pacific Gas and Electric to sell the power they will produce.

SunPower claims that their solar technology is the most efficient in the world. It uses a patented tracking system which rotates the solar panels so that they are constantly facing the sun.

For more information, please visit: www.sunpowercorp.com.

[meinolf67]

Grundfos Pumps and SunPower Dedicate 1.1 Megawatt Solar Power System

FRESNO, Calif., Jan 22, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Grundfos Pumps Corporation and SunPower Corporation (Nasdaq: SPWRA, SPWRB) today dedicated a 1.1 megawatt solar power system at the Grundfos facility in Fresno. The system features a ground-mounted, high-efficiency SunPower sun tracking system on a 7.5-acre site. It is expected to reduce carbon dioxide emissions generated at the site by almost 2.4 million pounds annually, which is the equivalent to removing close to 200 cars from California's highways each year.

"Grundfos is committed to improving our business practices and reducing our environmental impact," said David Mortensen, senior vice president of finance and quality manager for Grundfos. "This high-efficiency SunPower solar power system will help us significantly reduce costs while improving the quality of the environment for our employees and the greater Fresno community."

At the Grundfos site, SunPower designed and installed a system that utilizes SunPower solar panels, the most efficient solar panels on the market today, with the SunPower Tracker(R) system. The Tracker follows the sun's movement during the day, increasing sunlight capture by up to 25 percent over conventional fixed-tilt systems, while significantly reducing land use requirements.

"Improving our region's air quality is a primary goal in Fresno," said Fresno Mayor Ashley Swearengin. "I am very pleased that Grundfos, as a major employer and business leader in our city for more than 30 years, has chosen a high-efficiency solar power system to maximize the amount of clean, emission- free solar power generated at their facility."

As an alternative to outright purchase of the solar power system, Grundfos financed the project through financier Morgan Stanley under the SunPower Access(TM) power purchase agreement (PPA) program. Grundfos is purchasing the electricity generated from the system from Morgan Stanley, which owns and operates the system. As a result, Grundfos will benefit from immediate savings and a long-term hedge against rising peak power prices. Grundfos owns the renewable energy credits associated with the system.

"Today, leaders like Grundfos understand the value of solar power technology to significantly reduce both operational costs and the levels of greenhouse gases in our atmosphere," said Tom Werner, chief executive officer of SunPower. "With a SunPower Access PPA, these systems require no upfront capital expenditure, and are a great hedge against rising electricity rates. With high-efficiency SunPower technology, Grundfos is assured that the system is maximizing the amount of clean, renewable power generated for their facility."

About Grundfos

Grundfos Pumps Corporation is a global pumps and pumping systems leader serving the residential, commercial building and process industry, as well as a major supplier to the water supply and water treatment industries. It is part of the Grundfos Group, a world-wide enterprise that employs more than 14,000 people in 67 countries. Founded in 1945 and headquartered in Denmark, Grundfos produces over 10 million pumps each year and has about 50% of the world's circulator market share. With their unique stainless steel construction and advanced electronics, Grundfos pumps are recognized for reliability and value worldwide -- wherever water moves.

[meinolf67]

SunPower Reports Record Fourth-Quarter and Fiscal Year 2008 Results

- Generated fourth quarter 2008 revenue of $401 million, up 79% year-on-year - Recorded fiscal year 2008 revenue of $1.43 billion, up 85% year-on-year - Achieved fourth quarter 2008 GAAP net income per share of $0.35, $0.70 non-GAAP - Announced two multi-year agreements with European integrators totaling 230 megawatts - Added more than 350 residential and small-commercial dealers worldwide in 2008 - Appointed Dennis Arriola as the company's new chief financial officer - Maintained strong liquidity with over $436 million in cash and investments - Expects fiscal year 2009 revenue of $1.6 billion to $2.0 billion

SAN JOSE, Calif., Jan 29, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWRA, SPWRB) today announced record financial results for its 2008 fourth quarter and fiscal year, which ended Dec. 28, 2008. Revenue for the 2008 fourth quarter was $401 million and compares to $378 million in the third-quarter of 2008 and $224 million in the fourth-quarter of last year. The Components and Systems segments accounted for 56% and 44% of fourth-quarter revenue, respectively.

"Our fourth-quarter performance reflects the continued strength of our vertically integrated business model, broad channel reach and geographic diversification," said Tom Werner, SunPower's CEO. "Our flexible model enables us to rapidly deploy our solutions across multiple geographies, especially in our worldwide dealer network where we continue to see strong demand both in the United States and Europe. Our Systems business also executed well in the fourth quarter as we commissioned dozens of large scale solar projects globally."

On a GAAP basis for the 2008 fourth quarter, SunPower reported gross margin of 27.9%, total operating income of $55 million and net income per diluted share of $0.35.

On a non-GAAP basis, adjusted to exclude non-cash charges for amortization of intangible assets of $4.2 million and stock-based compensation of $18.2 million, SunPower reported total gross margin of 29.9%, operating income of $77.5 million and net income per diluted share of $0.70. This compares with prior-quarter non-GAAP gross margin of 29.2%, total operating income of $73 million and $0.58 net income per diluted share. For the 2008 fourth quarter, Components segment gross margin was 35.6% and Systems segment gross margin was 22.7%. The company's GAAP and Non-GAAP fourth-quarter results include a $6.3 million, or $0.07 net income per diluted share, foreign currency gain related to its Korean joint venture.

"Long-term solar market fundamentals remain in place and we are encouraged by the commitment to renewable energy by President Obama and Congressional leadership," continued Werner. "Given these factors, we are well positioned to take advantage of growing global demand for solar this year and in the future, despite uncertainty in today's economic and credit environment."

2009 Guidance

The company expects the following fiscal year 2009 non-GAAP results: total revenue of $1.6 billion to $2.0 billion, net income per diluted share of $2.20 to $2.80(1) and production capacity of more than 450 megawatts.

"The long-term solar industry fundamentals remain very positive and the company's 2009 sales pipeline is made up of identifiable customers and projects," said Dennis Arriola, SunPower's chief financial officer. "Given the continuing weak credit environment, our ability to meet the high-end of the revenue and earnings-per-share ranges will be dependent on improved access to the project financing markets. We expect our first-half of 2009 performance to be materially affected by seasonal factors and the continuing impact of the credit crisis."

This press release contains both GAAP and non-GAAP financial information. Non-GAAP figures are reconciled to the closest GAAP equivalent figures on the final page of this press release. Please note that the company has posted supplemental information related to its fourth-quarter 2008 performance on the Events and Presentations section of the Investor Relations page located on the SunPower website at http://www.sunpowercorp.com.

About SunPower

SunPower Corporation (Nasdaq: SPWRA, SPWRB) designs, manufactures and delivers high-performance solar-electric systems worldwide for residential, commercial and utility-scale power plant customers. SunPower high-efficiency solar cells and solar panels generate up to 50 percent more power than conventional solar technologies and have a uniquely attractive, all-black appearance. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe, Australia, and Asia. For more information, visit http://www.sunpowercorp.com.

(1) For the full year 2009, we expect the following total company GAAP
results: Revenue of $1.6 billion to $2.0 billion and net income per
diluted share of $1.40 to $1.90.


Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not represent historical facts and may be based on underlying assumptions. The company uses words and phrases such as "expects," "continue," "growing," "will," to identify forward-looking statements in this press release, including forward-looking statements regarding: (a) GAAP and non-GAAP fiscal year 2009 total revenue and net income per diluted share; (b) strong demand in the US and Europe; (c) growing global demand for solar this year and in the future, despite uncertainty in today's economic and credit environment; (d) 2009 annual production capacity of more than 450 megawatts; and (e) first half 2009 performance being materially affected by seasonal factors and the continuing impact of the credit crisis. Such forward-looking statements are based on information available to the company as of the date of this release and involve a number of risks and uncertainties, some beyond the company's control, that could cause actual results to differ materially from those anticipated by these forward-looking statements, including risks and uncertainties such as: (i) the company's ability to obtain and maintain an adequate supply of raw materials and components, as well as the price it pays for such; (ii) general business and economic conditions, including seasonality of the industry; (iii) growth trends in the solar power industry; (iv) the continuation of governmental and related economic incentives promoting the use of solar power; (v) the improved availability of third-party financing arrangements for the company's customers; (vi) construction difficulties or potential delays, including permitting and transmission access and upgrades; (vii) the company's ability to ramp new production lines and realize expected manufacturing efficiencies; (viii) manufacturing difficulties that could arise; (ix) the success of the company's ongoing research and development efforts to compete with other companies and competing technologies; and (x) other risks described in the company's Quarterly Report on Form 10-Q for the quarter ended September 28, 2008, and other filings with the Securities and Exchange Commission. These forward-looking statements should not be relied upon as representing the company's views as of any subsequent date, and the company is under no obligation to, and expressly disclaims any responsibility to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Segment Reporting Information

For fourth-quarter and fiscal year 2008 reporting purposes, the Systems segment generally represents products and services sold directly to the system owner. Additionally, both SunPower and third-party solar panels sold through the Systems segment channels are recorded as Systems segment revenue. The Components segment primarily represents products sold to installers and resellers.

Non-GAAP Measures

To supplement the consolidated financial results prepared under GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude items related to stock-based compensation, amortization of intangible assets, impairment of acquisition-related intangibles, impairment of long-lived assets, fair value adjustments to deferred revenue, purchased in-process research and development expenses, write-off of unamortized debt issuance costs, and their related tax effects. Management does not consider these charges in evaluating the core operational activities of SunPower. Management uses these non-GAAP measures internally to make strategic decisions, forecast future results and evaluate SunPower's current performance. Most analysts covering SunPower use the non-GAAP measures as well. Given management's use of these non-GAAP measures, SunPower believes these measures are important to investors in understanding SunPower's current and future operating results as seen through the eyes of management. In addition, management believes these non-GAAP measures are useful to investors in enabling them to better assess changes in SunPower's core business across different time periods. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data and may be different from non-GAAP measures used by other companies.

Fiscal Periods

SunPower operates on a fiscal calendar comprised of four thirteen-week quarters that end at midnight Pacific Time on the Sunday nearest the calendar quarter-end.

SunPower is a registered trademark of SunPower Corp. All other trademarks are the property of their respective owners.


SUNPOWER CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)

(Unaudited)

Dec. 28, Dec. 30,
2008 2007
ASSETS

Cash and cash equivalents $219,774 $285,214
Restricted cash 175,277 67,887
Investments 40,756 134,503
Accounts receivable, net 194,222 138,250
Costs and estimated earnings in excess of
billings 30,326 39,136
Inventories 251,388 148,820
Prepaid expenses and other assets 170,328 65,084
Advances to suppliers 162,610 161,220
Property, plant and equipment, net 612,687 377,994
Goodwill and other intangible assets, net 236,210 235,630

Total assets $2,093,578 $1,653,738


LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable $280,684 $119,869
Accrued and other liabilities 191,114 105,476
Long-term debt 54,598 -
Convertible debt 423,608 425,000
Billings in excess of costs and estimated
earnings 11,806 69,900
Customer advances 110,394
69,403
Total liabilities 1,072,204 789,648

Stockholders' equity 1,021,374 864,090

Total liabilities and stockholders'
equity $2,093,578 $1,653,738



SUNPOWER CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)

(Unaudited)

THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 28, Sept. 28, Dec. 30, Dec. 28, Dec. 30,
2008 2008 2007 2008 2007
Revenue
Systems $177,858 $193,330 $123,912 $820,632 $464,178
Components 223,109 184,170 100,431 614,287 310,612
400,967 377,500 224,343 1,434,919 774,790

Cost of systems
revenue 142,489 158,730 97,416 653,569 386,511
Cost of
components
revenue 146,768 113,149 79,745 417,669 240,475
289,257 271,879 177,161 1,071,238 626,986

Gross margin 111,710 105,621 47,182 363,681 147,804

Operating expenses:
Research and
development 5,970 6,049 3,904 21,474 13,563
Selling,
general and
administrative 50,599 46,075 32,068 173,740 108,256
Purchased in-
process research
and development - - - - 9,575
Impairment of
acquisition-
related
intangibles - - - - 14,068
Total operating
expenses 56,569 52,124 35,972 195,214 145,462

Operating
income 55,141 53,497 11,210 168,467 2,342

Interest and other
income (expense),
net (16,165) (4,452) (3,761) (20,883) 1,218

Income before
income taxes
and equity in
earnings of
unconsolidated
investees 38,976 49,045 7,449 147,584 3,560

Income tax
provision
(benefit) 19,499 29,797 2,509 69,368 (5,920)

Income before
equity in
earnings of
unconsolidated
investees 19,477 19,248 4,940 78,216 9,480

Equity in
earnings
of unconsolidated
investees, net
of taxes 10,072 2,131 (64) 14,077 (278)


Net income $29,549 $21,379 $4,876 $92,293 $9,202

Net income per
share:
- Basic $0.35 $0.27 $0.06 $1.15 $0.12
- Diluted $0.35 $0.25 $0.06 $1.09 $0.11

Shares used
in calculation
of net income
per share:
- Basic 83,244 80,465 78,164 80,522 75,413
- Diluted 85,599 84,488 85,588 84,446 81,227



(In thousands, except per share data)

THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 28, Sep. 28, Dec. 30, Dec. 28, Sept. 30,
2008 2008 2007 2008 2007
(Presented on a GAAP Basis)
Gross margin $111,710 $105,621 $47,182 $363,681 $147,804
Operating income $55,141 $53,497 $11,210 $168,467 $2,342
Net income per
share:
-Basic $0.35 $0.27 $0.06 $1.15 $0.12
-Diluted $0.35 $0.25 $0.06 $1.09 $0.11


THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 28, Sep. 28, Dec. 30, Dec. 28, Sept. 30,
2008 2008 2007 2008 2007
(Presented on a non-GAAP Basis)
Gross margin $119,811 $110,157 $56,731 $396,769 $186,198
Operating income $77,545 $73,323 $32,357 $257,652 $106,879
Net income per
share:
-Basic $0.72 $0.61 $0.43 $2.39 $1.37
-Diluted $0.70 $0.58 $0.39 $2.28 $1.27




About SunPower's Non-GAAP Financial Measures

To supplement its consolidated financial results presented in accordance with GAAP, SunPower uses non-GAAP measures which are adjusted from the most directly comparable GAAP results to exclude non-cash items related to stock- based compensation expenses, amortization of intangibles, impairment of acquisition-related intangibles, impairment of long-lived assets, fair value adjustments to deferred revenue, purchased in-process research and development expenses, write-off of unamortized debt issuance costs, and their related tax effects. The non-GAAP adjustments included herein are primarily the result of our acquisition of SunPower Corporation, Systems or SP Systems (formerly known as PowerLight Corporation) on January 10, 2007. The specific non-GAAP measures listed below are gross margin, operating income and net income per share. Management believes that each of these non-GAAP measures (gross margin, operating income and net income per share) are useful to investors by enabling them to better assess changes in each of these key elements of SunPower's results of operations across different reporting periods on a consistent basis, independent of these non-cash items. Thus, each of these non-GAAP financial measures provides investors with another method for assessing SunPower's operating results in a manner that is focused on its ongoing core operating performance, absent the effects of purchase accounting, stock-based compensation charges, impairment of long-lived assets and write-off of unamortized debt issuance costs. Management also uses these non-GAAP measures internally to assess the business and financial performance of current and historical results, for strategic decision making, forecasting future results and evaluating the company's current performance. Many of the analysts covering SunPower also use these non-GAAP measures in their analyses. These non-GAAP measures are not in accordance with or an alternative for GAAP financial data, the non-GAAP results should be reviewed together with the GAAP results and are not intended to serve as a substitute for results under GAAP, and may be different from non-GAAP measures used by other companies.

-- Non-GAAP gross margin. The use of this non-GAAP financial measure allows management to evaluate the gross margin of the company's core businesses and trends across different reporting periods on a consistent basis, independent of non-cash items including stock-based compensation expenses, amortization of intangibles, impairment of long-lived assets and fair value adjustments to deferred revenue. In addition, it is an important component of management's internal performance measurement process as it is used to assess the current and historical financial results of the business, for strategic decision making, preparing budgets and forecasting future results. Management presents this non-GAAP financial measure to enable investors and analysts to evaluate our revenue generation performance relative to the direct costs of revenue of SunPower's core businesses.

-- Non-GAAP operating income. The use of this non-GAAP financial measure allows management to evaluate the operating results of the Company's core businesses and trends across different reporting periods on a consistent basis, independent of non-cash items including stock-based compensation expenses, impairment of long-lived assets, amortization of intangibles, impairment of acquisition-related intangibles, and all other purchase accounting charges. In addition, it is an important component of management's internal performance measurement process as it is used to assess the current and historical financial results of the business, for strategic decision making, preparing budgets and forecasting future results. Management presents this non-GAAP financial measure to enable investors and analysts to understand the results of operations of the Company's core businesses and to compare our results of operations on a more consistent basis against that of other companies in our industry.

-- Non-GAAP net income per share. Management presents this non-GAAP financial measure to enable investors and analysts to assess the Company's operating results and trends across different reporting periods on a consistent basis, independent of non-cash items including stock-based compensation expenses, impairment of long-lived assets, write-off of unamortized debt issuance costs, amortization of intangibles, impairment of acquisition-related intangibles, all other purchase accounting charges and the tax effects of these non-GAAP adjustments. In addition, investors and analysts can compare the Company's operating results on a more consistent basis against that of other companies in our industry.

Non-Cash Items

-- Stock-based compensation. Stock-based compensation relates primarily to SunPower stock awards such as stock options and restricted stock. Stock-based compensation is a non-cash expense that varies in amount from period to period and is dependent on market forces that are difficult to predict. As a result of this unpredictability, management excludes this item from its internal operating forecasts and models. Management believes that non-GAAP measures adjusted for stock-based compensation provide investors with a basis to measure the company's core performance against the performance of other companies without the variability created by stock-based compensation.

-- Impairment of long-lived assets. SunPower incurred an impairment of long-lived assets in the first quarter of fiscal 2008, which relates to the discontinuation of our imaging detector product line. SunPower excluded this item because the expense is not reflective of its ongoing operating results in the period incurred. Excluding this data provides investors with a basis to compare the company's performance against the performance of other companies without non-cash expenses such as impairment of long-lived assets.

-- Write-off of unamortized debt issuance costs. The market price trigger condition was met for our senior convertible debentures in late December 2007, giving holders of the convertible debt the right to convert the convertible debt in the first quarter of fiscal 2008. As a result, SunPower accelerated the amortization of deferred debt issuance costs. Excluding this non-cash charge provides investors with a basis to compare SunPower's period-over- period operating results because the charge is not reflective of SunPower's historical results or its expected future expenses after such costs were fully amortized on January 2, 2008.

-- Amortization of intangibles. SunPower incurs amortization of intangibles as a result of Cypress acquiring the company in November 2004, in which Cypress' cost of purchased technology, patents, trademarks and a distribution agreement is reflected in our financial statements. In addition, SunPower incurs amortization of intangibles as a result of our acquisitions, which includes purchased technology such as existing technology, patents, brand names and trademarks. SunPower excludes these items because these expenses are not reflective of ongoing operating results in the period incurred. These amounts arise from prior acquisitions and have no direct correlation to the operation of SunPower's core businesses.

-- Impairment of acquisition-related intangibles. SunPower incurred an impairment of acquisition-related intangibles in June 2007, which relates to the net book value of the PowerLight tradename being written off in its entirety as a result of the change in branding strategy. SunPower excluded this item because the expense is not reflective of its core operating performance after completion of its acquisition of SP Systems. Excluding this data provides investors with a basis to compare the company's performance against the performance of other companies without non-cash expenses such as impairment of acquisition-related intangibles.

-- Purchase accounting charges. Purchase accounting charges as a result of prior acquisitions include: (1) amortization of intangibles, which includes purchased technology related to acquisitions such as existing technology, patents, brand names and trademarks; (2) fair value adjustments to deferred revenue, which is an acquisition-related adjustment that results in certain revenues never being recognized under GAAP by either the acquiring company or the company being acquired and (3) purchased in-process research and development expenses, which relates to projects in process as of the acquisition date that have not reached technological feasibility and are immediately expensed. These acquisition-related charges are not factored into management's evaluation of potential acquisitions or its performance after completion of acquisitions, because they are not related to our core operating performance, and the frequency and amount of such charges can vary significantly based on the size and timing of acquisitions and the maturities of the businesses being acquired. Excluding this data provides investors with a basis to compare SunPower's performance against the performance of other companies without the variability caused by purchase accounting.

-- Tax effect. This amount is used to present each of the amounts described above on an after-tax basis with the presentation of non-GAAP net income per share.

For more information on these non-GAAP financial measures, please see the tables captioned "Reconciliations of GAAP results of operations measures to non-GAAP measures" set forth at the end of this release and which should be read together with the preceding financial statements prepared in accordance with GAAP.


SUNPOWER CORPORATION
RECONCILIATIONS OF GAAP MEASURES TO NON-GAAP MEASURES
(Unaudited)
(In thousands, except per share data)

STATEMENT OF OPERATIONS DATA:

THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 28, Sept. 28, Dec. 30, Dec. 28, Dec. 30,
2008 2008 2007 2008 2007
GAAP gross
margin $111,710 $105,621 $47,182 $363,681 $147,804
Fair value
adjustment
to deferred
revenue - - - - 1,142
Amortization
of intangible
assets 2,930 2,947 6,185 11,995 24,852
Stock-based
compensation
expense 5,171 4,875 3,364 18,890 12,400
Impairment of
long-lived
assets - (3,286) - 2,203 -
Non-GAAP gross
margin $119,811 $110,157 $56,731 $396,769 $186,198

GAAP operating
income $55,141 $53,497 $11,210 $168,467 $2,342
Fair value
adjustment
to deferred
revenue - - - - 1,142
Amortization
of intangible
assets 4,210 4,201 7,132 16,762 28,540
Stock-based
compensation
expense 18,194 18,911 14,015 70,220 51,212
Purchased
in-process
research and
development - - - - 9,575
Impairment of
acquisition-
related
intangibles - - - - 14,068
Impairment of
long-lived
assets - (3,286) - 2,203 -
Non-GAAP
operating
income $77,545 $73,323 $32,357 $257,652 $106,879



NET INCOME PER SHARE:

THREE MONTHS ENDED TWELVE MONTHS ENDED
Dec. 28, Sept. 28, Dec. 30, Dec. 28, Dec. 30,
2008 2008 2007 2008 2007
GAAP net
income per
share $0.35 $0.27 $0.06 $1.15 $0.12
Reconciling items:
Stock-based
compensation
expense 0.22 0.24 0.18 0.87 0.67
Impairment of
long-lived
assets - (0.04) - 0.03 -
Purchase
accounting:
Fair value
adjustment
to deferred
revenue - - - - 0.02
Amortization
of intangible
assets 0.05 0.05 0.09 0.21 0.38
Purchased
in-process
research and
development - - - - 0.13
Impairment of
acquisition-
related
intangibles - - - - 0.19
Write-off of
unamortized
debt issuance
costs - - 0.11 0.01 0.11
Tax effect 0.10 0.09 (0.01) 0.12 (0.25)

Non-GAAP net
income per
share 0.72 $0.61 $0.43 $2.39 $1.37


Diluted:
GAAP net
income per
share $0.35 $0.25 $0.06 $1.09 $0.11
Reconciling
items:
Stock-based
compensation
expenses 0.21 0.23 0.16 0.83 0.64
Impairment of
long-lived
assets - (0.04) - 0.03 -
Purchase
accounting:
Fair value
adjustment
to deferred
revenue - - - - 0.01
Amortization
of intangible
assets 0.05 0.05 0.08 0.20 0.35
Purchased
in-process
research and
development - - - - 0.12
Impairment of
acquisition-
related
intangibles - - - - 0.17
Write-off of
unamortized
debt issuance
costs - - 0.10 0.01 0.10
Tax effect 0.09 0.09 (0.01) 0.12 (0.23)

Non-GAAP net
income per
share $0.70 $0.58 $0.39 $2.28 $1.27

Shares used in
calculation
of GAAP net
income per
share:
- Basic 83,244 80,465 78,164 80,522 75,413
- Diluted 85,599 84,488 85,588 84,446 81,227

Shares used in
calculation
of non-GAAP
net income
per share:
-Basic 83,244 80,465 78,164 80,522 75,413
-Diluted 85,599 84,488 85,588 84,446 81,227



SUPPLEMENTAL DATA
(In thousands)

THREE MONTHS ENDED

December 28, 2008

Gross Margin

Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)
Amortization
of intangible
assets $1,841 $1,089 $- $1,280 $- $- $-
Stock-based
compensation
expense 3,084 2,087 1,218 11,805 - - -
Tax effect - - - - - - 8,089
$4,925 $3,176 $1,218 $13,085 $- $- $8,089



September 28, 2008

Gross Margin
Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)
Amortization
of intangible
assets $1,841 $1,106 $- $1,254 $- $- $-
Stock-based
compensation
expense 2,911 1,964 987 13,049 - - -
Impairment
of long-lived
assets (1,343) (1,943) - - - - -
Tax effect - - - - - - 7,604
$3,409 $1,127 $987 $14,303 $- $- $7,604


December 30, 2007

Gross Margin
Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)
Amortization
of intangible
assets $4,788 $1,397 $- $947 $- $- $-
Stock-based
compensation
expense 1,952 1,412 564 10,087 - - -
Write-off
of unamortized
debt issuance
costs - - - - - 8,260 -
Tax effect - - - - - - (993)
$6,740 $2,809 $564 $11,034 $- $8,260 $(993)



TWELVE MONTHS ENDED

December 28, 2008

Gross Margin
Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)
Amortization
of intangible
assets $7,691 $4,305 $- $4,766 $- $- $-
Stock-based
compensation
expense 10,745 8,144 3,988 47,343 - - -
Impairment of
long-lived
assets - 2,203 - - - - -
Write-off
of unamortized
debt issuance
costs - - - - - 972 -
Tax effect - - - - - - 10,092
$18,436 $14,652 $3,988 $52,109 $- $972 $10,092



December 30, 2007

Gross Margin
Selling, Other Interest
Research general Acqui- and Income
and and sition other tax
Compo- develop- admini- Related income, provision
Systems nents ment strative Charges net (benefit)

Fair value
adjustment
to deferred
revenue $1,142 $- $- $- $- $- $-
Amortization
of intangible
assets 20,085 4,767 - 3,688 - - -
Stock-based
compensation
expense 8,187 4,213 1,817 36,995 - - -
Purchased
in-process
research
and development - - - - 9,575 - -
Impairment
of acquisition
-related
intangibles - - - - 14,068 - -
Write-off
of unamortized
debt issuance
costs - - - - - 8,260 -
Tax effect - - - - - - (18,754)
$29,414 $8,980 $1,817 $40,683 $23,643 $8,260 $(18,754)


SOURCE SunPower Corporation

[meinolf67]

SunPower and PPL EnergyPlus Sign 10-Year Purchase Agreement for Renewable Energy Credits

TRENTON, N.J., Feb 13, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, announced today that PPL Energy Plus, the energy marketing and trading subsidiary of PPL Corporation, has signed an agreement to purchase New Jersey Solar Renewable Energy Certificates (NJ SRECs) from SunPower over the next ten years. The agreement is a result of changes to New Jersey's solar power incentive program, which has transitioned this year from reliance on state rebates or grants to a market-based system relying primarily on SRECs.

Under the agreement, PPL EnergyPlus will purchase SRECs issued as a result of solar power generated at SunPower installations in the state. SunPower expects to use revenue from the sale of the SREC's to finance the construction of approximately 2.5 megawatts of new solar power projects in New Jersey by 2010.

SRECs are tradable certificates representing all the renewable energy benefits generated from a solar electric system. Each time a solar system generates one megawatt hour of electricity, an SREC is issued that can then be sold or traded.

"Under New Jersey's new program, SREC prices and terms of sale are being determined by the free market," said Tom Leyden, managing director of SunPower's Trenton office. "PPL EnergyPlus is reducing solar renewable energy portfolio compliance costs and demonstrating good corporate citizenship by entering into this long-term agreement. Although the agreement will only address a small portion of new solar capacity to be built in New Jersey in the coming years, it is an indication that the SREC market can facilitate the construction of clean, reliable solar power projects. We expect that more of New Jersey's electricity suppliers will follow suit with similar long-term SREC purchase agreements."

"Combining the advantages of competitive markets with extended federal incentives for projects that support renewable energy and energy sustainability, that's a winning formula," said Gene Alessandrini, senior vice president-marketing for PPL EnergyPlus. "It's good business for PPL because it builds our renewable energy portfolio and advances the production of renewable, green energy."

New Jersey is one of the fastest growing solar energy markets in the U.S., with more than 3,500 solar power installations representing more than 69 megawatts of installed capacity. SunPower maintains an office in Trenton, and has completed solar power installations in New Jersey for customers such as Johnson & Johnson, Tiffany & Co., JCPenney and the New Jersey Department of Military and Veterans Affairs.

[meinolf67]

SunPower Names Power Industry Veteran Thomas R. McDaniel to Its Board of Directors

SAN JOSE, Calif., Feb 17, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that it has appointed electric power industry veteran Thomas R. McDaniel to its board of directors. McDaniel recently retired from Edison International after 37 years of service.

Most recently, McDaniel served as Edison International's executive vice president, chief financial officer and treasurer. He was responsible for the company's financial, risk management, controller, internal audit and IT functions. Edison International is the parent company of Southern California Edison, a regulated electric utility, and Edison Mission Energy, an independent power company which develops, owns and operates renewable energy and fossil fuel generating projects across the United States.

"Tom's extensive experience growing and operating global electric power businesses will provide invaluable guidance as we expand the utility and power plant segment of our business," said Tom Werner, SunPower's CEO. "We are excited to add Tom's financial talent and power industry expertise to the SunPower Board."

"SunPower is at the front line of the new era of clean power generation ranging from solar rooftop installations to utility-scale solar power plants," said Tom McDaniel, SunPower Director. "SunPower's global positioning, superior technology and vertically integrated model position our company to excel across markets and channels. I look forward to working with the SunPower team to expand its presence in the utility-scale market."

Prior to January 1, 2005, McDaniel was chairman, CEO and president, and a director of Edison Mission Energy, a power generation business specializing in the development, acquisition, construction, management, and operation of power production facilities. During this time, the company owned generating plants in the U.S., Europe, Asia, and Puerto Rico.

McDaniel also served as CEO and a director of Edison Capital, a provider of capital and financial services supporting the growth of energy and infrastructure projects, products and services both domestically and abroad. In addition to interests in conventional and renewable power generation and transmission projects in the U.S., Europe, Africa, and Australia, the company invested and sponsored Latin American, Asian and Eastern European infrastructure funds.

McDaniel is actively involved in several philanthropic and charitable organizations. He serves as a director of the Senior Care Action Network (SCAN), a Medicare Advantaged HMO which provides healthcare to senior citizens. McDaniel is also a director of the $200 million SCAN Foundation whose mission is to support initiatives to improve the cost effectiveness and quality of healthcare for the elderly. Through the McDaniel Family Foundation, he works with the Boys and Girls Club of Huntington Beach, the Adult Day Care Center and the Free Wheelchair Mission. He and his family have distributed approximately 2,500 wheelchairs to the poor and disabled in Chile, Cambodia and Vietnam.

[meinolf67]

SunPower Completes Australia's Largest Roof-Mounted Solar System

BELMONT, Western Australia,, Feb 18, 2009 /PRNewswire via COMTEX News Network/ -- 305-Kilowatt System at Crowne Plaza Hotel in Alice Springs Expected to Provide 40 to 80 Percent of Hotel's Power Requirements

BELMONT, Western Australia, Feb. 18 /PRNewswire-FirstCall/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency, solar cells, solar panels, and solar systems, today announced it has completed construction on a 305-kilowatt SunPower solar power system atop the roof of the Crowne Plaza Hotel in Alice Springs, Northern Territory. Invest North Pty Ltd. is the owner of the project, which is the largest roof-mounted solar power system in Australia.

"We are proud that Invest North chose SunPower's high-efficiency solar panels to help power its flagship hotel in Australia," said Bob Blakiston, managing director of SunPower Australia. "This installation is a testament to the growing adoption of solar energy on commercial and public buildings. The Crowne Plaza Hotel's solar electric system is expected to provide between 40 and 80 percent of the hotel's power requirements, depending on the time of year."

The Department of the Environment, Water, Heritage, and Arts (DEWHA) provided financial backing for this project as part of Australia's AUD $94 million Solar Cities Program.

"Through the support of the Rudd Labor government, projects such as this set a clear standard for what is expected of Australian companies when reducing their environmental impact," added Blakiston.

SunPower entered the emerging Australian solar market in 2008, with the acquisition of Solar Sales Pty Ltd. Solar Sales had partnered with SunPower for several years prior as a leading systems integrator and product distribution organization.

[meinolf67]

18.02.2009 22:33
SunPower to Build 2.2-Megawatt Solar Power Plant in Italy

SAN JOSE, California, February 18 /PRNewswire/ --

- First Phase of Planned 7.1-Megawatt Solar Power Development

SunPower Corp. (News) (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that it has signed an agreement with Sunshire, S.r.l., a subsidiary of Api Nova Energia S.r.l., to design and build a 2.2-megawatt solar electric power plant in Tolentino, Italy.

This is the first solar power plant agreement to be announced on behalf of SunPower's Italian subsidiary, SunPower Italia S.r.l. The project, which will be financed by regional banks via a leasing agreement, is the first phase of a planned 7.1-megawatt development that is expected to be completed this year. At the site, SunPower will utilize SunPower panels, the most efficient solar panels commercially available, and the proprietary SunPower(R) Tracker technology, which follows the sun during the day and delivers up to 25 percent more energy than fixed-tilt systems.

"We are pleased to partner with Api Nova Energia to deliver clean, reliable solar power to the rapidly expanding Italian market," said Luca Bandini, general manager of SunPower Italia. "By using SunPower's industry-leading Tracker technology and our high efficiency solar panels, Sunshire will maximize the solar power plant's energy delivery, while optimizing land use and reducing related costs."

"SunPower's unrivaled expertise and experience in the design and construction of solar power plants, as well as the company's superior technology, were the primary reasons we chose SunPower as our partner for this important project," said Paolo Chiantore, director of Sunshire. "Today, Api Nova Energia has the largest solar facility under development in the Tolentino area (Marche region) in Italy. This plant will be an important source of clean, renewable and reliable power for the Marche region."

SunPower has installed more than 400 megawatts of large-scale solar power systems globally, including more than 185 megawatts of power plants in Europe.

[meinolf67]

GE, SunPower and California's Lake County Partner on 2.2-Megawatt Solar Power System

--Arrays Constructed on Two Wastewater Treatment Plants and County Jail; Savings to County Residents May Reach $5 Million Over 20 Years

LAKEPORT, Calif., Feb 19, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels, and solar systems, GE (NYSE: GE), California's Lake County and the Lake County Sanitation District (LACOSAN) announced today the completion of a 2.2-megawatt solar-electric power system on three sites, including the county jail and two wastewater treatment plants. Combining this new system with an existing 1-megawatt solar power installation, Lake County is now home to the largest solar power installation on county facilities in California. The combined 3.2-megawatt system produces the equivalent of 94 percent of the facilities' electricity requirements.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090219/AQTH017)

"We expect these solar power installations to save Lake County taxpayers and ratepayers between $1.6 million and $5 million over the next 20 years, depending on utility rate increases," said Mark Dellinger, special districts administrator for LACOSAN. "SunPower offered high-efficiency technology that maximizes the amount of solar power generated, and a turnkey solution that helped to accelerate design and construction."

Hosting the solar installation helps further Lake County's commitment to building a sustainable community infrastructure. The wastewater that LACOSAN treats, recycles and transports at the two treatment plants is used to recharge another alternative energy source -- geothermal -- that generates power for homes and businesses. The County's program includes its commitment to energy efficiency, The Geysers -- which is the world's largest complex of geothermal energy -- and other alternative sources of energy.

"These solar facilities represent a critical part of Lake County's overall energy program," said Denise Rushing, chair of the Lake County Board of Supervisors. "The County truly appreciates the innovation demonstrated by SunPower and GE, and for their partnership with us to make this happen."

GE Energy Financial Services, a unit of GE, in partnership with SunPower, financed and owns the system as well as the associated renewable energy credits and environmental benefits. Using conversion formulas provided by the U.S. Environmental Protection Agency, the 2.2-megawatt SunPower system will avoid more than 131 million pounds of carbon dioxide emissions over the next 30 years, equivalent to removing close to 11,000 cars from the road.

Under a SunPower Access(TM) power purchase agreement (PPA), the partnership is selling electricity to the County and LACOSAN at rates that are competitively priced against utility rates, providing the County and LACOSAN with a long-term hedge against rising peak power prices.

"Lake County and LACOSAN took advantage of the SunPower Access PPA to build and host emission-free solar power plants at their facilities with no upfront capital expenditure," said Tom Werner, chief executive officer of SunPower. "We applaud the County and District for taking the lead with this showcase installation that demonstrates how solar makes good financial sense for public agencies today."

At the County and LACOSAN facilities, SunPower designed and installed a system that utilizes SunPower solar panels, the most efficient solar panels on the market today, with the SunPower Tracker(R) system. The Tracker follows the sun's movement during the day, increasing sunlight capture by up to 30 percent over conventional fixed-tilt systems, while significantly reducing land use requirements.

The SunPower arrays in the system include:
* A 602-kilowatt installation at the Lake County Jail;
* Two installations at the Northwest Wastewater Treatment Plant,
including one 281-kilowatt array and one 764-kilowatt array; and
* A 522-kilowatt array at LACOSAN's Southeast Wastewater Treatment Plant.



About Lake County Sanitation District

The County of Lake is committed to developing sustainable community infrastructure through the innovative use of renewable energy and increased energy efficiency. Lake County is located in beautiful Northern California and is home to the state's cleanest air basin, Clear Lake -- the largest natural freshwater lake in California -- as well as The Geysers, the world's largest complex of geothermal energy. For information on Lake County's innovation in wastewater recycling and solar-powered infrastructure, visit http://www.co.lake.ca.us/innovation.

[meinolf67]

SunPower's split personality
With two classes of shares on the market, investors can't seem to agree which one is more valuable.
By Michael V. Copeland, senior writer
February 13, 2009: 9:47 AM ET


SAN FRANCISCO (Fortune) -- Quick quiz. You have two classes of shares in a company. Class A was floated as part of the company's initial public offering. Class B represents the original ownership share of the parent company. They always existed, and therefore are non-dilutive.

Class B shares were floated after the IPO when the parent company completed its spinout. Class B shares are identical to class A, except they have eight times the voting power. Both are liquid. Which ought to be worth more?

If you answered "B" you would be correct as far as the logic goes, but wrong when it comes to the shares of solar power company SunPower Corp.

Since former parent company Cypress Semiconductor (CY) began introducing SunPower's B shares into the public markets last fall, there's been a big price gap, with A shares priced anywhere from 7% to 15% higher than B shares.

On Thursday SPWRA (SPWRA) was trading at $35 and SPWRB (SPWRB) was trading at $29. Remember: same company, same piece of ownership, same prospects.

These kinds of anomalies exist in markets, but they last about a millisecond. This one has persisted for almost six months. Here's the kicker: No one can explain it.

"Our belief is that it is a function of the market, and it is something that we have no control over," says Bob Okunski, who heads up investor relations for SunPower. "Hypothetically they should be trading at the same level."

The two classes of shares arose to sidestep tax penalties for Cypress shareholders who were granted all of the B shares. Because of that, SunPower has to wait until Oct. 2010 before it can merge or "collapse" the two share classes.

Okunski, who fields calls daily on the price gap from investors, can't wait. "We would like to collapse the shares," he says. "I think it is prudent for the investor base overall."

This being Wall Street, there are theories as to how the gap formed, and why it persists. When SPWRB shares were issued in the fall, the volume traded was much lower than SPWRB - 150,000 in a day compared with about 1.8 million.

That illiquidity might have explained the gap then - you couldn't sell them so they were worth less. But it doesn't explain it today; both share classes have plenty of trading volume on a day-to-day basis - about 2 million shares for SPWRA and 1 million for SPWRB.

The other theory among hedge fund traders is that an arbitrage play is being acted out. Investors are shorting SunPower A and going long on SunPower B. SunPower has always had a lot of short interest, and the short interest today on A today is about 20% of the shares - about four times the short interest on B. There is so much short interest on A that it is hard to borrow and requires an added carry fee.

"That makes it easier (or cheaper at least) to short B, and in theory could drive the price of B shares down," says Steve Simko, an analyst with Morningstar. Falling into a short squeeze on A shares could also keep their price up.

The big question for investors who don't want to play the short/long game is when the share classes are finally merged (or at some point in advance of that) does the B class rise or the A class fall? Or to ask the question differently: What is the fair value of the company?

Jonathan Hoopes, a managing director at Think Equity on the energy technology research team, is perhaps the only analyst who officially covers both classes of SunPower shares. Since the shares reflect the same economic opportunity of one company, he has one 12-month price target, $35. Hoopes has an "accumulate" rating on the A shares and a "buy" rating on the B shares.

"Look, I can't explain the price delta on the shares," Hoopes says, "but if you are looking to get exposure to SunPower and in the long-run believe in the prospects of the solar industry, I see no reason to buy anything other than the B shares."

Finally, something that does makes sense.

[R-BgO]

SunPower Names Jean M. Wilson Vice President and General Manager of Utilities and Power Plants

--Renewable Energy Veteran Brings More Than 16 Years of Power Plant Experience

SAN JOSE, Calif., March 2, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that renewable energy veteran Jean M. Wilson has joined SunPower as its vice president and general manager of utilities and power plants.

In this new strategic role, Wilson will lead SunPower's North American utility and power plant division, overseeing project development, utility and Independent Power Producer partnerships and marketing, and EPC (engineering, procurement and construction) and component sales.

"Jean brings a wealth of experience to SunPower from her nearly two decades in the wind development business," said Howard Wenger, SunPower's president, global business units. "Jean will drive our growth plans across the utility and power plant business in North America as we capitalize on the opportunities established by state renewable portfolio standards and federal support for solar power. She joins SunPower as the third recent leader from a power industry background in addition to Dennis Arriola, our CFO who joined us from Sempra Energy's utilities, and Tom McDaniel, our Board member who joined us after thirty-seven years at the Edison International companies."

Wilson most recently served as senior vice president, renewable energy at PPM Energy (now Iberdrola Renewables). She led a team of more than 130 professionals in the acquisition and development of over 2,400 megawatts of wind power projects, and in the growth of a wind and solar power project pipeline in excess of 18,000 megawatts. Wilson was responsible for the full value chain of PPM renewable energy business, including land acquisition, engineering, procurement, permitting, development, origination, construction, O&M (operation and maintenance) and asset management for its North American renewable energy business. Earlier at PPM, Wilson held the position of vice president, renewable business development, where she managed a team of professionals in the acquisition and greenfield development of wind power projects in Canada and the United States. Prior to this, Wilson was director, business development, green power for PacifiCorp; director of marketing for Northwest Power Enterprises, Inc.; and director of business development for Kenetech Windpower, all located in Portland, Oregon.

Wilson earned a master's degree in business administration from Stanford University and a bachelor's of science degree in finance from the University of Southern California. She is a member of the Board of the Oregon Build Environment and Sustainable Technologies Center, and a former member of the Renewable Energy Policy Project Board.

SunPower designed and built a 14-megawatt solar system, the largest in the U.S., at the Nellis Air Force Base near Las Vegas, Nevada. The company is currently building a 25-megawatt power plant in DeSoto County for Florida Power & Light Company, which will be completed in 2009. SunPower is contracted with Pacific Gas and Electric Company to begin delivery of electricity as early as 2010 from the company's California Valley Solar Ranch, a planned 250-megawatt plant. SunPower typically works with developers, independent power producers, utilities and financial partners who buy power plants developed by SunPower.

[R-BgO]

SunPower actively pursuing acquisitions







Reuters
EE Times
(03/05/2009 4:46 PM EST)

SANTA BARBARA, Calif. -- U.S. solar company SunPower Corp. is actively pursuing acquisitions, and potential targets include both private and public companies, Chief Executive Tom Werner said Thursday.

The solar panel maker's comments come three days after First Solar Inc said it would pick up the utility project pipeline of smaller rival OptiSolar for $400 million in stock.

In an interview at the Wall Street Journal ECO:nomics conference in Santa Barbara, California, Werner said he expects to see more such deals in the solar sector, particularly as companies have difficulty securing financing.

"You've got good ideas that can't get financed, and then you have public companies like SunPower who have the ability to help them with financing and also help bootstrap them in terms of operational capability," Werner said. "So are we acquisitive? Yes. We are actively evaluating things that make sense."

Potential deals could include public or private companies with project development pipelines or that would give SunPower access to new markets, Werner said, adding that valuations of public companies have been "punished."

Frozen credit markets have hampered financing for renewable energy projects since the end of last year, but Werner said he expects funding to improve in the second half of 2009 thanks in part to loans and other incentives that were included in the federal government's economic stimulus package.

"I think it's back half of the year, and that's slower than the folks at (The Department of Energy) are projecting," Werner said. "They are talking about 60 days. We are hopeful for 60 days, and we're certainly supportive of that, but we're planning for the back half of the year."

The tax equity market, through which banks use solar or other tax breaks to reduce their tax burdens, has ground to a halt as banks grapple with billions of dollars in losses linked to the mortgage market collapse and souring assets.

That market, however, is also likely to come back somewhat in the second half of the year, Werner said, though in a slightly altered form.

"Last year you could go get a single company like GE to syndicate a large project. Today you are going to have to piece together several of those, so you are going to see large projects breaking apart," Werner said.

The lack of access to financing combined with a pullback in government incentives for solar in Spain have lead to an oversupply of solar panels in the market, sending their prices tumbling.

That scenario will pressure SunPower's profit margins in the short term, Werner said.

"What we are seeing is a combination of a lot of competition coming online at the same time as a credit crisis at the same time as a huge economic slowdown. A combination of those things leads to more aggressive price declines" Werner said. "In the short term, I think it's fair to say that margins are challenged."

Looking out to 2010 or 2011, when many utility scale projects are expected to break ground, "then you see demand increase and then you start to see margins increase and margin stability," Werner said. (Reporting by Nichola Groom; Editing by Bernard Orr)

[SLGramann]

NEW YORK (MarketWatch) -- SunPower Corp. shares came under pressure Thursday after the solar panel maker described a clouded outlook on its business in Germany and North America, prompting at least one analyst downgrade of the stock and tempered profit expectations by others.

Merrill Lynch analyst Steven Milunovich said SunPower Corp. officials said at two conferences this week that the company's first-quarter revenue and earnings would be down year over year due to the weak economy and weather issues.

"It's still clearly difficult out there," Milunovich said in a phone interview with MarketWatch after hosting the Merrill Lynch Cleantech Leaders Conference. "There are early signs of credit and business conditions loosening up, especially with the new stimulus package."
Chart of SPWRA
Still, the hopes down the road didn't provide an immediate lift for SunPower as investors continued to absorb its warnings.
Shares of SunPower fell 4% to $23.21 on Thursday afternoon.
J.P. Morgan analyst Christopher Blansett downgraded SunPower to underweight from overweight.

"First, solar demand and pricing trends continue to deteriorate, caused by a number of factors including lower year over year global subsidies, increased borrowing costs for potential solar system owners, and module oversupply," Blansett said in a note to clients. "We are concerned that the company may need to raise additional funds within the next 12 months given its balance sheet position."

Blansett slashed his first quartecer profit target on SunPower to 4 cents a share from 13 nts a share, and expects 2009 earnings of 56 cents a share verses his earlier target of $1.66 a share.
Signal Hill analyst Michael Carboy said SunPower's disclosure marked "an unusual variation from the typical, carefully orchestrated, crisp communications," from the company.
While Carboy trimmed his profit expectations for the company, he maintained that the company still offers manufacturing expertise and its management team.
"Upstream automation in the module area, coupled with its downstream acquisition of PowerLight, will, we think, enable the company to reach new markets, while reducing system costs," he said while maintaining his buy rating on the stock. End of Story

----------------

Sehr eigenwillig, eine Gewinnwarnung mehr oder weniger exklusiv rauszugeben. Hätte nicht gedacht, dass so was zulässig ist.

[R-BgO]

13.03.2009 18:26
UPDATE 1-SunPower says it may get loan from World Bank arm

LOS ANGELES, March 13 (Reuters) - SunPower Corp (News) on Friday said the World Bank's private sector arm is considering lending the company up to $75 million to finance a manufacturing facility in the Philippines.

In a filing with the U.S. Securities and Exchange Commission, the U.S. solar company said it could offer no assurances that the proposed financing agreement with The International Finance Corporation will be executed.

SunPower's second production facility in Batangas, Philippines, is expected to cost about $475 million, the company said.

SunPower shares were up 69 cents, or 3 percent, at $23.79 on the Nasdaq.

[Ulrich22]

SunPower gute Kaufgelegenheit
18.03.09 - Der Aktionär
Kulmbach, 18 Mäz (newratings.de) - Die Experten vom Anlegermagazin "Der Aktionär" sehen für die SunPower-Aktie (ISIN US8676521094 / WKN A0HHD1) eine gute Kaufgelegenheit.

SunPower sei hinter First Solar die Nummer zwei auf dem amerikanischen Markt. Technologisch sei SunPower gut aufgestellt. So würden deren Solarmodule Wirkungsgrade von weit über 20% erreichen. Viele Anbieter kämen nur kaum über einen Wert von 15% hinaus. Zudem verfüge der Konzern über ein weit verzweigtes Vertriebsnetz, so dass SunPower bei einer zu erwartenden Nachfragebelebung überdurchschnittlich profitieren dürfte.

Aufgrund von ungünstigen Witterungsbedingungen in den wichtigsten Absatzregionen und wegen der Konjunkturkrise habe die Geschäftsführung die Zielvorgaben für Q1'2009 zurücknehmen müssen. So dürfte es nach Aussagen der Geschäftsführung vermutlich zu einem Umsatz- und Ergebnisrückgang gegenüber dem Vorjahr kommen.

Diese Nachricht habe zu deutlichen Verlusten bei der Aktie von SunPower geführt. Dies stelle nach Meinung der Experten nun eine gute Kaufgelegenheit dar. Denn die Guidance für 2009 und 2010 sei nur leicht gesenkt worden.

Unter dem Strich ist für die Experten von "Der Aktionär" die SunPower-Aktie mit einem KGV 2010e von 7 ausgesprochen günstig bewertet und gut für eine Kursverdopplung. (Ausgabe 13) (18.03.2009/ac/a/a)

[R-BgO]

ICE Cold Storage Building Combines Energy Efficiency With SunPower Solar System to Reduce Energy Costs by More Than 75 Percent

--Pioneering Collaboration Allows SDG&E and ICE to Share Benefit of Solar Power System; SDG&E Awards More Than $225,000 in Incentives

SAN DIEGO, March 19, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- In a dedication ceremony today, Hamann Construction, Innovative Cold Storage Enterprises, Inc. (ICE), San Diego Gas & Electric (SDG&E), and SunPower Corp. (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, are celebrating the completion of ICE II, ICE's new 134,511-square-foot cold storage building. ICE expects to achieve more than 75 percent reduction in energy costs at the facility as a result of the energy efficient design and a 1.1-megawatt high-efficiency SunPower solar power system.

"Expanding the operations of ICE, this new building will store four times as much product as the original plant while using half the power - and the SunPower solar system on the roof will generate the equivalent of 72 percent of the energy used by the facility," said Gregg Hamann, vice president of Hamann Construction, designers and builders of the project. "The 'cool roof,' designed to maximize insulation, would have been jeopardized by a solar system that required roof penetration for installation. The SunPower PowerGuard(R) non-penetrating rooftop system was perfect because it maintains the integrity of the insulated roof, installs quickly, and provides additional insulation and protection."

Financing for the solar power system was shared equally by Innovative Oil and Gas, a Hamann entity, and SDG&E. Accordingly, each owns half of the solar power system and the renewable energy credits associated with it.

SDG&E collaborated with Hamann as part of its Sustainable Communities Program, which sponsors green building, energy efficiency and renewable energy initiatives. SDG&E has completed 11 projects under the program, including four projects with a combined one megawatt of SDG&E-owned renewable power generating resources. SDG&E awarded Hamann and ICE over $225,000 in incentive funding for the energy efficient features and advanced technology included in the design of the building.

"We congratulate ICE for taking advantage of the California Solar Initiative and the federal tax incentive to finance their half of this project," said Hal Snyder, vice president of customer solutions for SDG&E. "This truly is a community project because half of the solar power from this roof will go right to the grid for the benefit of our local customers, while $225,000 in incentives were awarded to ICE and Hamann Construction for building a more sustainable facility that delivers long-term benefits."

"Under its Sustainable Communities Program, SDG&E is one of the first utilities in the nation to invest directly in distributed solar power systems. SDG&E's ownership of half of the solar system on ICE's new LEED-certified building will generate clean, renewable solar power for SDG&E's customers," said SunPower Chief Executive Officer Tom Werner. "We applaud the vision of all partners on this project, and their efforts to ensure the reliable, cost-effective delivery of solar power today."

SunPower designed and installed a system that utilizes SunPower solar panels, the most efficient on the market today. Using conversion formulas provided by the U.S. Environmental Protection Agency, the system is expected to reduce carbon dioxide emissions by almost 1.5 million pounds annually, which is the equivalent to the emissions generated from 3900 cars over the expected 30-year lifetime of the system.

In addition, Hamann Construction designed and built the facility to include:

-- High-efficiency ammonia refrigeration
-- Motion detector controlled LED lighting
-- Ten 1-kilowatt wind turbines
-- Rechargeable forklifts
-- Extremely narrow aisle racking
-- Rainwater collection systems to achieve exceptional water savings


Based on the energy efficient features and solar power system, Hamann expects the facility to attain gold certification from the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) program. LEED certified buildings are designed to standards of sustainability and energy efficiency beyond typical building codes.

About Hamann Companies

Hamann Companies, located in El Cajon, Calif., prides itself on over 50 years of achievement across a broad spectrum of interests ranging from: Industrial Park Development, Concrete Commercial Building Construction, LEED Building Projects, Cold Storage, Management of Industrial and Commercial Income Properties, Tenant Improvement Construction, Commercial Electrical Contracting and Commercial Real Estate Brokerage. Hamann Construction has built hundreds of concrete tilt-up and block building projects ranging in size from 5,000 square feet to over 250,000 square feet. A unique feature of Hamann Construction is that Hamann is comprised of its own electrical department, concrete crew, architect and LEED AP. Hamann Construction specializes in "Team Concept Construction," where the architect, engineer, contractor and owner work together closely to create a tailored cost-effective product.

[Joe28]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[Ulrich22]

SunPower Installs 1-MW PV System for Rancho California Water District
California, United States [RenewableEnergyWorld.com]

Rancho California Water District (RCWD) and SunPower Corporation have completed a 1.1-megawatt solar photovoltaic power system at the district's water treatment facility in Murrieta, California. The system is expected to save the district up to US $6.8 million in electricity costs over the next 20 years.

"The SunPower Access PPA made it financially possible for the district to build this system, and reap the benefits of competitively-priced solar power from day one."

-- Andy Webster, Director of Engineering, RCWD
In addition to designing and building the solar power system, SunPower also financed the system under a SunPower Access power purchase agreement (PPA). RCWD will buy electricity from SunPower. RCWD owns the renewable energy credits associated with the system.

"The SunPower Access PPA made it financially possible for the district to build this system, and reap the benefits of competitively-priced solar power from day one," said Andy Webster, director of engineering for RCWD. "SunPower offered high-efficiency technology that maximizes the amount of solar power generated, and a turnkey solution that allowed the system to be operational in eight months. It's good for our environment as well as for our residents and businesses."

[Ulrich22]

Was haltet ihr von dieser Aktie?

die SunPower-Aktie überteuert? - Verkaufsempfehlung

Solarprodukte von SunPower. / Quelle: Unternehmen

An der Nasdaq notiert die Aktie des kalifornischen Solarunternehmens Sunpower bei knapp 24 Dollar. In Frankfurt wurde sie um 11 Uhr mit 18,20 Euro gehandelt. Damit ist das Papier nach Einschätzung des US-Analysten Dan Ries überbewertet, obwohl sich der Kurs auf Jahressicht mehr als halbiert hat. Ries empfiehlt, die Aktie zu verkaufen und nennt als Kursziel 20 Dollar bzw. 14,8 Euro.


Laut dem Experten von Collins Stewart ist die Sunpower-Aktie im Vergleich zu anderen Solarwerten derzeit überteuert. Er verweist darauf, dass das Unternehmen zwar die effizientesten Solarzellen auf dem Markt anbiete. Dafür weise es aber auch die höchsten Produktionskosten auf. Das habe SunPower lange dadurch kompensieren können, dass die Gesellschaft den Rohstoff Silizium durch Langfristverträge deutlich billiger erhielt als die Konkurrenz. Nun aber sei der Preis für diesen wichtigsten Rohstoff der Solarbranche so stark eingebrochen, dass dieser Vorteil wegfalle.


Stewart geht davon aus, dass der Preisverfall bei Solarprodukten die Marge von SunPower in diesem Jahr stark belasten wird. Zwischenzeitlich könnte es für das Unternehmen sogar schwierig werden, beim Einkauf Vorauszahlungen zu leisten. Erst ab dem 4. Quartal könne SunPower von dem Konjunkturprogramm der Obama-Administration profitieren, die den Ausbau erneuerbarer Energie unterstützt.

[Ulrich22]

New York, 30 Mäz (newratings.de) - Steven Milunovich, Analyst von Banc of America Securities-Merrill Lynch Research, stuft die Aktie von SunPower (ISIN US8676521094 / WKN A0HHD1) unverändert mit "neutral" ein.
Das Kursziel werde von 27 auf 30 USD angehoben.

[R-BgO]

JCPenney, SunPower and Integrys Complete Solar Power Systems on Five New Jersey Stores

--Four California Stores Included in 3.7-Megawatt Solar Commitment

DEPTFORD, N.J., April 1, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- In a ceremony attended by New Jersey State Assembly Speaker Joseph J. Roberts, J.C. Penney Company, Inc. (NYSE: JCP), Integrys Energy Services, Inc., and SunPower Corp. (Nasdaq: SPWRA, SPWRB) are celebrating today the installation of SunPower solar power systems on five JCPenney stores in New Jersey, totaling approximately 2 megawatts.

The initiative is part of a total solar commitment by JCPenney to host 3.7 megawatts at the five New Jersey stores and four stores in California. In conjunction with the solar panel installations, JCPenney upgraded lighting components at each of the five stores to improve the stores' energy efficiency. JCPenney anticipates that the solar power systems will generate the equivalent of 25 percent of each store's total energy demand.

"JCPenney is piloting this project to explore how we can best support the development of clean energy technologies as part of our comprehensive social responsibility program," said Michael W. Taxter, executive vice president and director of JCPenney stores. "Each new rooftop solar installation is a step in the right direction for addressing climate change and diversifying the energy supply. New Jersey's progressive efforts to promote renewable energy, combined with SunPower's high-efficiency technology and Integrys' financing, worked together to make this project viable."

The systems installed on the nine stores vary in size from 259 to 602 kilowatts. Each system is owned and operated by Integrys Energy Services, Inc., a wholly owned subsidiary of Integrys Energy Group, Inc. (NYSE: TEG), under a SunPower Access(TM) power purchase agreement.

JCPenney is purchasing electricity from Integrys at rates competitively priced against standard utility rates, safeguarding the company against rising peak power prices. Integrys also owns the renewable energy credits associated with the systems.

"JCPenney should be commended for its forward thinking in supporting these energy projects," commented Joel Jansen, managing director of energy assets for Integrys. "Through its energy procurement choices, JCPenney has demonstrated its commitment to being an exceptional corporate citizen."

"SunPower Access is an easy, affordable way for leading companies to support solar power development and positively impact bottom line results," says SunPower Chief Executive Officer Tom Werner. "We congratulate JCPenney for its leadership and notable commitment to host solar power systems in two states."

In New Jersey, SunPower has installed solar power systems on JCPenney stores in Deptford, Cherry Hill, East Brunswick, Wayne and Woodbridge. Using conversion formulas provided by the U.S. Environmental Protection Agency (EPA), the solar systems will help avoid the emission of more than 105 million pounds of carbon dioxide over the expected 30-year lifetime of the systems, which is equal to removing more than 8,700 cars from the highways over 30 years.

In California, JCPenney stores in El Cajon, Palmdale, Redlands and Santa Clarita are hosting SunPower systems. The California solar systems, totaling 1.7 megawatts, will help avoid the emission of more than 86 million pounds of carbon dioxide over 30 years, according to U.S. EPA conversion formulas. This is equal to removing more than 7,100 cars from the highways over 30 years.

SunPower installed SunPower(R) T10 Solar Roof Tile systems and SunPower solar panels, the most efficient panels available on the commercial market, at each store. The T10 Solar Roof Tile tilts at a 10-degree angle to increase energy capture. It is a durable, non-penetrating rooftop solution that is designed for fast installation on virtually any flat rooftop and selected ground sites.

In addition to hosting the solar power systems, JCPenney continues to expand its expertise in energy management. On March 31, the company received the government's ENERGY STAR Sustained Excellence Award - becoming the first retailer to receive this award for energy management.

[R-BgO]

nland Empire Utilities Agency and SunPower Dedicate 3.5-Megawatt Solar Power Installation

--Electricity Cost Savings Expected to Reach $500,000 Annually

CHINO, Calif., April 3, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Inland Empire Utilities Agency (IEUA), a municipal water agency, and SunPower Corp. (Nasdaq: SPWRA, SPWRB), a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced the completion of a 3.5-megawatt solar power installation at four IEUA facilities in Chino, Ontario and Rancho Cucamonga, Calif. As a result of the installation, the agency expects to save a half million dollars per year in electricity costs.

"With the completion of this new system, IEUA is now producing nearly half of its electricity from alternative energy sources," said Patrick Shields, executive manager of operations at the IEUA. "SunPower provided high-efficiency technology to ensure we are maximizing the energy produced on site, and completed the installation in just five months. The solar system furthers our commitment to sustainable practices, and is a source of pride in the community."

As an alternative to outright purchase of the solar power system, IEUA financed the project through Morgan Stanley under the SunPower Access(TM) power purchase agreement (PPA) program. The agency is purchasing electricity generated from the system from the financier, which owns and operates the system. As a result, IEUACA will benefit from immediate savings and a long-term hedge against rising peak power prices. IEUA owns the renewable energy credits associated with the system.

"Solar makes good financial sense today for California's public agencies," said Tom Werner, chief executive officer of SunPower. "Our technology can be installed anywhere at any scale, and power purchase agreements such as SunPower Access eliminate the upfront capital expenditure. We applaud the District for hosting this showcase installation that demonstrates both good environmental and fiscal stewardship."

The highlight of the system is a 1-megawatt SunPower(R) T20 Tracker system located just behind the agency's Chino headquarters. Solar panels are mounted on the patented single-axis Trackers at 20-degrees of tilt. The Trackers follow the path of the sun throughout the day, generating up to 30 percent more energy than conventional fixed-tilt solar power systems. This maximizes the total amount of energy that can be delivered within the available space.

About five miles away at the agency's Regional Plant 1 in Ontario, a 700-kilowatt array of SunPower Trackers was installed alongside a 137-kilowatt SunPower(R) T10 Solar Tile system on top of a capped reservoir. The modular T10 Solar Tiles are self-ballasted (non-penetrating to the surface), tilted at a 10-degree angle to increase energy capture, and designed to flexibly adapt to the size and requirements of select ground sites or virtually any flat rooftop.

T10 Solar Tiles were also installed at two more locations - a 624-kilowatt array at the IEUA's Carbon Canyon Treatment Plant in Chino, and a 1-megawatt system atop the Inland Empire Regional Composting Authority (IERCA) located in Rancho Cucamonga, Calif. The IERCA array was built in partnership with the Los Angeles County Sanitation District through a joint power agreement.

Using conversion formulas provided by the U.S. Environmental Protection Agency, the 3.5-megawatt SunPower system will avoid more than 7.7 million pounds of carbon dioxide emissions annually, equivalent to removing more than 19,000 cars from the road over the expected 30-year life of the system.

About Inland Empire Utilities Agency

The Inland Empire Utilities Agency is a municipal water district located in western San Bernardino County, California. The Agency's mission is to supply imported drinking water and recycled water, to collect and treat wastewater, and provide other utility-related services to the 850,000 residents living within its service area.

[R-BgO]

Xcel Energy and SunPower Sign Contract to Build 17-Megawatt Solar Photovoltaic Power Plant in Colorado

DENVER, April 7, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Xcel Energy (NYSE: XEL) and SunPower Corp. (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels, and solar systems, today announced an agreement to build a 17-megawatt AC photovoltaic (PV) solar power plant in Colorado's Alamosa County. When completed at the end of 2010, the power plant will be the second-largest high-efficiency solar PV power plant in North America. It is expected to create approximately 200 jobs during construction.

"We believe that solar power generation will play an increasingly vital role in our efforts to meet the wishes of our Colorado customers for more renewable, clean energy sources," said Tim Taylor, president and CEO for Public Service Co. of Colorado, an Xcel Energy company. "SunPower's experienced approach to solar power plant design and construction will allow us to quickly complete this important project."

The plant will use SunPower(R) Tracker systems, which generate up to 30 percent more energy per land area than conventional systems and reduce land-use requirements. SunPower Trackers tilt toward the sun as it moves across the sky, increasing energy capture and providing more power on hot summer days when utilities need it most.

"Today, high-efficiency solar PV technology is competitively-priced for power plant applications. It's fast to install, and reliably delivers clean power, particularly during peak demand hours," said SunPower CEO Tom Werner. "We congratulate Xcel Energy for providing leadership in the promotion of solar power development, and for demonstrating how renewable technologies are part of the solution to ensure the health of our economy and our environment."

Xcel Energy is ranked as the fifth-largest utility provider of solar power in the nation. In Colorado, the company has acquired more than 25 megawatts of on-site solar generation from homes and businesses participating in Xcel's Solar*Rewards rebate program. In addition, the company buys power from an 8.2-megawatt solar farm adjacent to where the new facility will be built. The company also is the nation's number one utility provider for wind power, and is working to meet various renewable energy standards in many of the eight states in which it serves.

By the end of 2010, the largest high-efficiency solar PV plant in North America will be the 25-megawatt (AC) Florida Power & Light (FPL) plant that SunPower is currently building and expects to complete by the end of this year; Alamosa will be the second-largest facility. The FPL plant is almost twice the size of North America's largest operating solar PV plant, the 12-megawatt (AC) (14-megawatt (DC)) array at Nellis Air Force base in Nevada, also built by SunPower. SunPower has a contract to build a 210-megawatt (AC) (250-megawatt (DC)) solar power plant for Pacific Gas & Electric Company in California, which is expected to be complete in 2012.

Construction of the new Alamosa project is contingent on factors including approval by the Colorado Public Utility Commission and project financing.

About Xcel Energy

Xcel Energy (NYSE: XEL) is a major U.S. electricity and natural gas company that provides a comprehensive portfolio of energy-related products and services to 3.4 million electricity customers and 1.9 million natural gas customers through its regulated operating companies in eight Western and Midwestern states. Company headquarters are located in Minneapolis. More information is available at www.xcelenergy.com.

[R-BgO]

SunPower Announces Offerings of 9,000,000 Shares of Class A Common Stock and $175 Million of Senior Convertible Debentures

SAN JOSE, Calif., April 27, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corporation (Nasdaq: SPWRA; SPWRB), a Silicon Valley-based provider of high efficiency solar cells, solar panels, and solar systems, today announced that it intends to offer 9,000,000 shares of class A common stock and $175 million aggregate principal amount of senior convertible debentures due 2014, in underwritten registered public offerings. In connection with these offerings, SunPower intends to grant the underwriters an overallotment option with respect to an additional 1,350,000 shares of class A common stock and an additional $26.25 million aggregate principal amount of senior convertible debentures. Based on the closing price of SunPower's class A common stock on The Nasdaq Global Select Market on April 24, 2009, the offerings (without giving effect to any exercise of the overallotment options) are expected to result in aggregate gross proceeds of approximately $400 million.

The debentures will be convertible into shares of SunPower's class A common stock. The interest rate, conversion rate, conversion price and other terms of the debentures will be determined at the time of the pricing of the offering. The debentures will be senior, unsecured obligations, ranking equally with all existing and future senior unsecured indebtedness of SunPower. The debentures will be effectively subordinated to the company's secured indebtedness to the extent of the value of the related collateral and structurally subordinated to indebtedness and other liabilities of SunPower's subsidiaries.

Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. will serve as joint book-running managers for the offerings.

In connection with the offering of senior convertible debentures, SunPower plans to enter into convertible debenture hedge and warrant transactions with affiliates of certain of the underwriters. The convertible debenture hedge transactions are intended to reduce the potential dilution upon conversion of the senior convertible debentures. SunPower expects that the counterparties will enter into various over-the-counter derivative transactions with respect to SunPower's class A common stock concurrently with, or shortly after, the pricing of the senior convertible debenture offering and may unwind or enter into various over-the-counter derivatives and/or purchase SunPower's class A common stock in secondary market transactions following the pricing of the senior convertible debenture offering. These activities could have the effect of increasing or preventing a decline in the price of SunPower's class A common stock concurrently with or following the pricing of the senior convertible debenture offering.

SunPower intends to use approximately $20 million to $22 million of the proceeds from these offerings to pay the cost of these convertible debenture hedge and warrant transactions. The company also intends to use the remaining net proceeds for general corporate purposes, including working capital and capital expenditures. From time to time, SunPower will evaluate potential acquisitions and strategic transactions of business, technologies, or products, and may use a portion of the net proceeds for such acquisitions or transactions. Currently, however, the company does not have any agreements with respect to any such material acquisitions or strategic transactions. If the underwriters exercise their overallotment option with respect to the senior convertible debentures, SunPower intends to use a portion of the proceeds therefrom to increase the size of the convertible note hedge transactions and for general corporate purposes, and may also sell additional warrants.

SunPower may use a portion of the proceeds from these offerings to repurchase some of its outstanding 1.25% debentures or 0.75% debentures. The company expects that holders of its outstanding 1.25% debentures or 0.75% debentures from whom it may repurchase such debentures (which holders may include one or more of the underwriters), may have outstanding short hedge positions in its class A common stock relating to such debentures. Upon repurchase, SunPower expects that such holders will unwind or offset those hedge positions by purchasing class A common stock in secondary market transactions, including purchases in the open market, and/or entering into various derivative transactions with respect to our class A common stock. These activities could have the effect of increasing, or preventing a decline in, the market price of our class A common stock. The effect, if any, of any of these transactions and activities on the market price of its class A common stock or the debentures will depend in part on market conditions and cannot be ascertained at this time, but may be material.

The closing of each offering is not contingent on the closing of the other.

A registration statement has been filed, and a separate preliminary prospectus supplement for each of the class A common stock and senior convertible debenture offerings will be filed, with the Securities and Exchange Commission, to which this communication relates. Prospective investors should read the applicable preliminary prospectus supplement and accompanying prospectus included in that registration statement and other documents SunPower has filed with the SEC for more complete information about the company and these offerings. These documents are available at no charge by visiting EDGAR on the SEC Web site at http://www.sec.gov. Alternatively, the prospectus, the class A common stock prospectus supplement and the senior convertible debenture prospectus supplement may be obtained from Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, NY 10010, (tel): 1 800-221-1037 and/or Deutsche Bank Securities Inc. Attention: Prospectus Department, 100 Plaza One, Jersey City, New Jersey 07311, (tel): 1 800-503-4611.

This announcement is neither an offer to sell nor a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The offerings of these securities will be made only by means of applicable prospectus supplements and the related prospectus. The securities being offered have not been approved or disapproved by any regulatory authority, nor has any such authority passed upon the accuracy or adequacy of the registration statement, the prospectus contained therein or the applicable prospectus supplement.

[R-BgO]

Antwort auf Beitrag Nr.: 37.060.002 von R-BgO am 29.04.09 10:10:06

SunPower Prices Offerings of 9,000,000 Shares of Class A Common Stock and $200 Million of Senior Convertible Debentures

SAN JOSE, Calif., April 28, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA; SPWRB), a Silicon Valley-based provider of high efficiency solar cells, solar panels, and solar systems, today announced the pricing of its public offering of 9,000,000 shares of class A common stock at $22.00 per share, and the pricing of its $200 million aggregate principal amount of 4.75% senior convertible debentures due 2014. SunPower has also granted the underwriters an overallotment option with respect to an additional 1,350,000 shares of class A common stock and an additional $30.0 million aggregate principal amount of senior convertible debentures. The aggregate net proceeds from the sale of the debentures and the shares of class A common stock being offered are expected to be approximately $363.1 million, after deducting the underwriters' discounts and estimated offering expenses payable by the company (including the cost of certain convertible hedge and warrant transactions entered into in connection with the debenture offering), assuming the underwriters do not exercise their option to purchase additional debentures or shares of class A common stock.

The senior convertible debentures will bear interest at a rate of 4.75% per year, payable on April 15 and October 15 of each year, commencing on October 15, 2009. The debentures will mature on April 15, 2014. Holders may require the company to repurchase all or a portion of their debentures upon a fundamental change (as defined in the applicable prospectus supplement) at a cash repurchase price equal to 100% of the principal amount plus accrued and unpaid interest. SunPower may not redeem the debentures prior to the maturity date.

The senior convertible debentures are convertible into shares of SunPower's class A common stock initially at a conversion rate of approximately 37.88 shares (equivalent to an initial conversion price of $26.40 per share) per $1000 principal amount of debentures, at any time on or prior to the close of business on the business day immediately preceding the maturity date. The applicable conversion rate may adjust in certain circumstances, including upon a fundamental change. Additional details are available in the prospectus and the applicable prospectus supplement to which this communication relates, which are filed with the SEC.

The debentures will be SunPower's senior unsecured obligations and will rank equal in right of payment with all of its existing and future senior unsecured indebtedness. The debentures will be effectively subordinated to the company's secured indebtedness to the extent of the value of the related collateral and structurally subordinated to indebtedness and other liabilities of our subsidiaries.

Closing of the public offerings of shares and debentures is expected to occur on May 4, 2009. The closing of each offering is not contingent on the other.

Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. are serving as joint book-running managers for the offerings. Lazard Capital Markets, Barclays Capital Inc., Piper Jaffray & Co., Wachovia Capital Markets, LLC, and SL Hare Capital, Inc. will serve as co-managers.

SunPower intends to use the net proceeds for general corporate purposes, including working capital and capital expenditures as well as for the purposes described below. From time to time, it will evaluate potential acquisitions and strategic transactions of business, technologies, or products, and may use a portion of the net proceeds for such acquisitions or transactions. Currently, however, the company does not have any agreements with respect to any such material acquisitions or strategic transactions. If the underwriters exercise their overallotment option with respect to the senior convertible debentures, SunPower intends to use a portion of the proceeds therefrom to increase the size of the convertible note hedge transactions and for general corporate purposes, and may also sell additional warrants.

Excluding any exercise of the overallotment option, SunPower intends to use approximately $23 million of the proceeds from these offerings to pay the cost of the convertible debenture hedge and warrant transactions. SunPower may use a portion of the proceeds from these offerings to repurchase some of its outstanding 1.25% debentures or 0.75% debentures. The company expects that holders of its outstanding 1.25% debentures or 0.75% debentures from whom it may repurchase such debentures (which holders may include one or more of the underwriters), may have outstanding short hedge positions in its class A common stock relating to such debentures. Upon repurchase, SunPower expects that such holders will unwind or offset those hedge positions by purchasing class A common stock in secondary market transactions, including purchases in the open market, and/or entering into various derivative transactions with respect to our class A common stock. These activities could have the effect of increasing, or preventing a decline in, the market price of our class A common stock. The effect, if any, of any of these transactions and activities on the market price of its class A common stock or the debentures will depend in part on market conditions and cannot be ascertained at this time, but may be material.

A registration statement has been filed, and separate prospectus supplements for each of the class A common stock and the 4.75% senior convertible debentures due 2014 will be filed, with the Securities and Exchange Commission. Prospective investors should read the applicable prospectus supplement and accompanying prospectus included in that registration statement and other documents SunPower has filed with the SEC for more complete information about the company and these offerings. These documents are or will be available at no charge by visiting EDGAR on the SEC Web site at http://www.sec.gov. Alternatively, the prospectus, the class A common stock prospectus supplement and the 4.75% senior convertible debenture due 2014 prospectus supplement may be obtained from Credit Suisse Securities (USA) LLC, One Madison Avenue, New York, NY 10010, (tel): 1 800-221-1037 and/or Deutsche Bank Securities Inc. Attention: Prospectus Department, 100 Plaza One, Jersey City, New Jersey 07311, (tel): 1 800-503-4611.

[R-BgO]

SunPower Announces the Solar Industry's Most Powerful Rooftop System

--The SunPower T5 Solar Roof Tile Generates the Most Solar Energy per Rooftop

SAN JOSE, Calif., May 27, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced its new SunPower T5 Solar Roof Tile (T5 Roof Tile), the solar industry's most powerful roof overlay system. The T5 Roof Tile system approximately doubles the energy generated per square meter compared to systems that are mounted onto flat commercial rooftops. Combined with SunPower's high-performance, 96-cell solar panels, the T5 Roof Tile produces the industry's maximum solar energy per roof and greatest energy savings.

Tilted at a five-degree angle, the T5 Roof Tile is the industry's first all-in-one, non-penetrating photovoltaic rooftop product that combines solar panel, frame and mounting system into a single pre-engineered unit. The T5 Roof Tile solar tiles interlock for wind resistance and secure installation. The patented design is adaptable to virtually any flat or low-slope rooftop.

"It was SunPower technology that established the commercial rooftop solar market more than a decade ago and today we continue to build on more than ten years of experience delivering reliable, affordable solar power systems," said SunPower's CEO, Tom Werner. "The introduction of the T5 Roof Tile will enable us to extend our leadership in system innovation and offer the benefits of solar to an even wider array of customer building types. We design our solar system technology for lower cost, faster delivery of local, secure clean energy that will accelerate solar green job opportunities."

"The development of the T5 Roof Tile is a direct result of the investment by the U.S. Department of Energy (D.O.E.) through its Solar America Initiative program," said Bill Mulligan, SunPower's vice president of technology and development. "The T5 Roof Tile was developed and delivered to customers less than two years after SunPower began receiving D.O.E. research and development funding."

The T5 Roof Tile all-in-one mounting system and frame is made from an engineered glass-filled polymer that is non-reactive, eliminating the need for electrical grounding of the array. This makes the T5 Roof Tile easier and faster to install than other rooftop systems. Its aerodynamic design is resistant to high winds, and the strong, smooth-edged, lightweight polymer material protects the roof for long-term durability. Since the T5 Roof Tile is stacked for shipping, more kilowatts per pound can be transported using less packaging, resulting in lower distribution costs.

The T5 Roof Tile system integrates a frame and mounting system with SunPower's high-performance, 96-cell solar panels, including the recently announced SunPower 315 Solar Panel. This combination empowers commercial customers to generate the greatest return by maximizing solar gain from each roof.

The T5 Roof Tile is available in the U.S. immediately and can be ordered in Europe during the third quarter of 2009.

[R-BgO]

SAN JOSE, Calif., June 4, 2009 /PRNewswire via COMTEX News Network/ -- New Advertising Campaign and Digital Platform Touts Solar's Immediate Savings and Long-term Investment Potential

SAN JOSE, Calif., June 4 /PRNewswire-FirstCall/ -- SunPower Corp. (Nasdaq: SWPRA, SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, has launched a new dialogue and marketing campaign to make the promise of solar power a reality for everyday Americans. SunPower manufactures the planet's most powerful solar technology, which is now highly attainable thanks to financing options offered through the company and federal, state and local tax credits that can reduce the cost of SunPower systems by up to 50 percent.

(Photo: http://www.newscom.com/cgi-bin/prnh/20090604/AQ27502)

"This is an exciting and auspicious time for the solar industry and for SunPower. We are bringing truly attainable solar power to homes and businesses everywhere, at a time when it is most critical," said Jan Soderstrom, chief marketing officer of SunPower. "Our new digital platform and ad campaign are important steps towards providing people with the knowledge and tools to control the rising cost of energy and achieve significant rates of return on their solar investment."

The "SeizeToday" campaign, created by Tribal DDB in partnership with DDB San Francisco, is reaching homeowners and businesses with radio and digital advertising. Additionally, the campaign uses outdoor, transit and airport advertising, with headlines like "re-volt," "use more sun," "a guaranteed return with every sunrise," and "rooftop stimulus packages now available." A micro-site, www.seizetoday.com, is also used to enable customers to learn more.

To take advantage of its leadership position in the solar industry, SunPower has also refreshed its website, www.sunpowercorp.com, to focus on actual customers and their success stories and savings, thanks to their SunPower systems.

Top benefits and offerings on the new digital platform, also created by Tribal DDB, include:

-- Online estimator tool, with integrated Google Maps, that allows
consumers to estimate the price of the installation of the system
(factoring in federal, state and local tax credits) and ongoing savings
specific to their home
-- Content and testimonials that show the time for solar is now
-- Link to an application for the Apple iPhone(TM) or the iPod touch mobile
devices to monitor system power generation
-- An informative and consumer-focused blog feature


"We are honored to be SunPower's partner in leading the solar revolution," said Geoff Gougion, managing director of Tribal DDB San Francisco. "SunPower is a recognized global leader in the solar industry, and we are thrilled to be taking their brand to market using mass media and smart, digital platforms."

About SunPower

Founded in 1985, SunPower Corporation (Nasdaq: SPWRA, SPWRB) designs, manufactures and delivers the planet's most powerful solar technology broadly available today. Residential, business, government and utility customers rely on the company's experience and proven results to maximize return on investment. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe, Australia and Asia. For more information, visit www.sunpowercorp.com.

About TribalDDB

Tribal DDB Worldwide (www.tribalddb.com) is headquartered in New York and includes 54 offices spanning 36 countries throughout the Americas, Europe and Asia Pacific region. The first digital agency to ever win Global Agency Network of the Year from Advertising Age in 2007, Tribal DDB has received accolades from The Wall Street Journal, BusinessWeek, Forrester Research Inc. and more. In 2005 Tribal DDB was named Interactive Agency of the Year by Adweek and the Cannes International Advertising Festival, where it took home the most Lions and the Cyber Grand Prix. Tribal DDB Worldwide is part of Omnicom Group's (NYSE: OMC) DDBWorldwide.

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SunPower Announces Multi-Year Manufacturing Agreement With Jabil Circuit, Inc.

--Panel Assembly Agreement Leverages Jabil's North American Footprint to Reduce Supply Chain Costs

SAN JOSE, Calif., June 8, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- SunPower Corp. (Nasdaq: SPWRA; SPWRB), a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced that it has signed a multi-year solar panel manufacturing agreement with Jabil Circuit, Inc., to build panels for SunPower's North American solar market. Jabil will begin manufacturing panels for SunPower in Mexico in the second half of 2009.

This agreement is the first step in SunPower's long-term strategy to implement regional panel assembly for improved customer service and reduced costs. The company is also continuing to evaluate establishing localized manufacturing facilities in large solar markets in the U.S.

Separately, Jabil will collaborate with SunPower in the company's participation in the Solar America Initiative (SAI), a U.S. Department of Energy effort to accelerate the development of advanced solar energy technologies. SunPower has participated in the initiative since September 2007. SunPower and Jabil intend to evaluate establishing world-class panel and system manufacturing locations in the U.S., which would result in the creation of highly skilled jobs.

"This agreement provides SunPower with the flexibility to site manufacturing near the largest and fastest growing solar markets in North America, improving the efficiency of our supply chain," said Marty Neese, SunPower's chief operating officer. "Jabil's extensive experience in manufacturing and high-quality standards makes them an ideal partner for producing SunPower's solar panels, the most powerful solar technology on the planet."

"We are in the process of ramping production capacity to manufacture solar panels in Europe and North America for customers in those markets," said Brian Althaver, Jabil's vice president for strategic development. "This agreement gives us the opportunity to use our capabilities as a global manufacturer to provide a responsive, reliable and cost effective manufacturing solution in close proximity to solar markets."

[Thomas222]

wollte heut für 23.-€ scho kaufen. nun 21.-€ !! wenn ich immer lese Chartmarke nach oben durchbrochen nun bis 40.-€ gar 50.-€

is nicht die einzige Aktie,könnte nach belieben zig weitere aufzählen.

viel Spaß

[heiti33415]

!

Dieser Beitrag wurde moderiert.

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June 8, 2009, 5:12 pm
SunPower Falls as Analyst Sees Co. Losing PG&E Deal
Posted by Tiernan Ray

Solar panel maker SunPower (SPWRA) was the subject of both a news item and rumor today, and the rumor seems to have had the bigger impact on the stock, pushing it down 5%.

Hapoalim Securities analyst Gordon Johnson said in a note to clients that he thinks SunPower has lost its bid to provide 230 megawatts of solar panels to NextLight Renewable Energy LLC, a company formed by private equity firm Energy Capital Partners to provide alternative energy to utilities such as Pacific Gas & Electric (PCG). NextLight on Friday said it was selected by PG&E to provide solar power-based energy to Northern and Central California customers.

Writes Johnson, “We believe the key reasoning behind SPWRA’s outperformance of the market in Friday’strading session was speculation by the Street that the company signed a 230MW solar PV contract with NextLight. However, based on our sources, while SPWRA did indeed bid for this contract, the company was not selected as the panel supplier for this project.” SunPower shares rose 5% on Friday.

Johnson goes on to cite his checks indicating that “a number of medium-sized customers” of SunPower “have indicated that the company has sold them faulty photovoltaic modules.” Johnson says quality issues probably are known in the industry quickly, and so the matter, if true, could cost SunPower some deals. He recommends initiating a short position in the stock and reiterates a “Sell” rating on the shares.

Meantime, SunPower today said it will outsource assembly of solar panels to contract electronic manufacturer Jabil Circuit (JBL) at the latters factories in Mexico, for all panels target at North America. The company said it is the first step in its plan to “regionalize” assembly of solar panels. Jabil has been seeking ways to reduce costs over several years to contend with falling solar panel prices and to maintain operating margin at about 15% of sales, a goal it reiterated when it gave its Q1 conference call back on April 23.

SunPower shares today clearly reflected more of the bad rumor than the good news, with the stock falling $1.68, or 5%, to $29.89.

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11.06.2009 14:02
SunPower Offers Easy, Affordable Financing for Residential Solar Power Systems / Solar Loans from Addison Avenue Federal Credit Union Offer Significant Tax Credits and Easy Transfer on Sale of Home

SAN JOSE, Calif., June 11 /PRNewswire-FirstCall/ -- SunPower Corp. , a manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced a solar loan program that makes solar power systems more affordable for homeowners in the U.S. The five-year loans, available through Addison Avenue Federal Credit Union of Palo Alto, Calif., may allow homeowners to take advantage of the 30 percent federal tax credit now available for installing solar power systems, as well as additional incentives offered by many states and municipalities. Homeowners do not need equity in their homes to qualify for these loans, and can easily transfer the SunPower systems to new owners on the sale of the house.

This new program joins an existing service that SunPower offers to help homeowners secure long term home equity loans to finance the purchase of their solar power systems. Interest on home equity loans may be tax deductible, and loan recipients also qualify for the significant state and federal tax incentives available today. Individuals should consult with their own professional tax advisors concerning specific tax circumstances.

"Compared to leasing programs available from other companies, SunPower's loan programs offer significant tax advantages and the opportunity to easily transfer the solar power system - and its value - when you sell your home," said SunPower Chief Marketing Officer Jan Soderstrom. "Why spend years paying to essentially rent a system, when you can enjoy the benefits of ownership today?"

"Federal and state tax credits reduced the cost of my SunPower system by more than 30 percent, so owning the system outright made sense to me," said homeowner Tom Bechly of San Jose, Calif. "Addison Avenue offered an easy loan application process with competitive rates. It's gratifying to watch my meter run backward, receive smaller electricity bills from the utility company each month, and know that I am doing my part for the environment."

"With the increased interest in the use of alternative energy sources as a means to combat global warming, we are pleased to be one of the first credit unions to offer a specific solar loan product," said Scott Pellegrini, product manager at Addison Avenue Federal Credit Union. "SunPower offers the most efficient solar power systems available on the market today, so homeowners who install SunPower solar systems will maximize the benefit to the environment while minimizing their electric bills. The switch to solar has never been more attractive."

Through the partnership with SunPower, Addison Avenue is offering solar loans of up to $50,000 on the purchase of a residential SunPower system. Existing members of Addison Avenue will also receive a rebate of $0.30 per watt (up to $1,500) from SunPower on the purchase of a SunPower system. There is no application fee or pre-payment penalty, and applicants will be offered affordable monthly payments and flexible extended terms. Current rates are as low as 5.25 percent APR for qualified borrowers.

[heiti33415]

Sunpower – Solaraktie unter Strom

Bei Sunpower bewegt sich was: Das Unternehmen geht in die Offensive, um den noch jungfräulichen Solarmarkt in den USA zu erobern. Auch der Aktienkurs hat sich seiner Lethargie entledigt und setzt zum Tigersprung an.

Der schwache Jahresauftakt des US-Solarkonzerns ist endgültig Schnee von gestern. Sunpower setzt derzeit alle Hebel in Bewegung, um möglichst viele seiner Solarmodule auf die Dächer der amerikanischen Haushalte zu bekommen. Heute gab das Unternehmen bekannt, speziell zugeschnittene Kredite an Käufer von Solarmodulen auszugeben.

Einfach und günstig
Mit dem Partner Addison Avenue Federal sollen Hausbesitzer einfach und unbürokratisch Finanzierungen für Solaranlagen von Sunpower bekommen und dabei gleichzeitig die Steuervergünstigungen der US-Regierung von 30 Prozent in Anspruch nehmen können. Erst vor wenigen Tagen hatte das Unternehmen eine massive Webekampagne und die Ausweitung seiner Produktion bekannt gegeben.

Der Weg ist frei
Der Aktienkurs von Sunpower ist sich in Folge der Flut an positiven Nachrichten auch endlich aus seinen Winterschlaf erwacht und ist mit dem Sprung über die Marke von 30 Dollar (21,50 Euro) charttechnisch ausgebrochen. Jetzt hat die Aktie Platz bis etwa 55 Dollar, was umgerechnet knapp 40 Euro entspricht.

Auf Kaufniveau
Gestern hatte DER AKTONÄR die Aktie von Sunpower als „Tipp des Tages“ vorgestellt und bei Kursen von 21,50 Euro zum Kauf geraten. Heute müssen bereits zwei Euro mehr gezahlt werden. In Anbetracht des mittelfristigen Potenzials ist dieser Anstieg allerdings zu vernachlässigen. Wer bisher gezögert hat, kann bei Kursen unter 24 Euro durchaus noch zugreifen.

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SunPower, Wells Fargo Team to Finance $100 Million in Solar Projects

--First Projects with University of California, Merced and Western Riverside County Regional Wastewater Authority

SAN FRANCISCO and SAN JOSE, Calif., June 29, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Wells Fargo (NYSE: WFC) and SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced a new collaborative effort to fund up to $100 million in SunPower commercial-scale solar systems.

Under the financing program, SunPower will enter into power purchase agreements with qualified customers and Wells Fargo will finance the solar power systems that SunPower will design, build, operate, and maintain. Customers hosting the systems will buy the electricity from SunPower at prices that are competitive with retail rates, providing them with a long-term hedge against rising power prices and the ability to take advantage of the environmental and financial benefits of solar power with no initial capital investment.

"We see increasing opportunities over the next several years to support renewable energy markets," said Barry Neal, director of Wells Fargo's Environmental Finance. "By teaming up with SunPower, we intend to support growth in the solar energy market by making it easier and more affordable for businesses and public entities to benefit from solar electricity today."

The first projects financed under the program include a 1.1-megawatt system for University of California, Merced, and a 1-megawatt system for the Western Riverside County Regional Wastewater Authority. Scheduled for completion by year end, both will be ground-mounted systems using the patented SunPower(R) T20 Tracker technology, which follows the sun throughout the day and delivers up to 30 percent more energy than fixed-tilt ground systems.

"SunPower offers high performance solar technology and financing expertise that helps customers maximize savings on their electricity expenditures. Our relationship with Wells Fargo strengthens our project finance efforts, streamlining the implementation of clean, renewable solar power for SunPower's large commercial and public customers throughout the U.S.," said Mac Irvin, managing director of SunPower's structured finance group.

SunPower has more than 500 large public and commercial solar power systems installed or under contract, representing more than 400 megawatts. The company pioneered the use of solar power purchase agreements in 2000.

Wells Fargo has provided more than $1.75 billion in financing for renewable energy projects since 2006. That includes funding for 27 wind projects, more than 150 commercial-scale solar projects and 1 utility-scale solar thermal project.