SunPower Extends Toshiba Solar Panel Supply Accord Through 2018

SunPower Corp. (SPWR), a U.S. solar panel maker, said it extended a supply agreement with Japan’s Toshiba Corp. (6502) through 2018.

Under the accord, SunPower will provide more than 100 megawatts of its highest-efficiency residential solar panels annually to Toshiba, the San Jose, California-based company said in a statement today. Toshiba will sell solar systems that use SunPower’s modules.

SunPower has delivered more than 150 megawatts of solar panels since the partnership began in 2010, it said in the statement.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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