SunPower Corporation, a solar products and solutions company, designs, manufactures, and delivers high-performance solar systems worldwide. Products and Services Solar Power Products The company sells its solar power products, including panels, balance of system components, and inverters to dealers, systems integrators distributors, companies, and directly to residential, commercial and utility customers worldwide. Panels Solar panels are solar cells electrically connected together and encapsulated in a weatherproof panel. Solar cells are semiconductor devices that convert sunlight into direct electricity. In 2013, the company commercially launched its X-Series solar panels, made with its Maxeon Gen 3 solar cells. The company’s suite of SunPower solar panels provides customers various features to fit their needs, including the SunPower Signature Black design which allows the panels to blend into the rooftop. Balance of System Components ‘Balance of system components’ are components of a solar power system other than the solar panels, and include mounting structures, charge controllers, grid interconnection equipment, and other devices, depending on the specific requirements of a particular system and project. Inverters Every solar power system needs an inverter to transform the direct electricity collected from the solar panels into utility-grade alternating power that is ready for household use. The company sells a line of inverters manufactured by third parties, some of which are SunPower-branded. Solar Power Systems The company offers several types of rooftop- and ground-mounted solar systems that integrate various its solar power products and solutions. Commercial Roof and Ground Mounted Systems The company offers various commercial solutions designed to address a range of site requirements for commercial rooftop, parking lot and open space applications. Its commercial rooftop offering includes an all-in-one, non-penetrating system that combines solar panel, frame, and mounting system into one pre-engineered unit design for flat roof application. The company also offers a portfolio of solutions utilizing framed panels and various internally or externally developed mounting methods for flat roof and high tilt roof applications. The company’s commercial flat rooftop systems are designed to be lightweight and interlock, enhancing wind resistance and secure, rapid installations. The company offers parking lot structures designed specifically for SunPower panels, balance of system components, and inverters. These systems are custom design-build projects that utilize standard templates and design best practices to create a solution tailored to unique site conditions. Utility Systems The company’s single axis tracking systems automatically pivot solar panels to track the sun's movement throughout the day. A single motor and drive mechanism can control 10 to 20 rows, or approximately 200 KW of solar panels. The power block kits are shipped pre-assembled to the job site for rapid field installation. The Oasis operating system is designed to support future grid interconnection requirements for large-scale solar power plants, such as voltage ride-through and power factor control. In 2013, the company acquired Greenbotics, Inc., the developer of a robotic solar power plant cleaning system. The company is deploying this technology on utility-scale solar power systems for which the company provides operations and maintenance services. The company’s solar concentrator combines a horizontal single-axis tracker with rows of parabolic mirrors, reflecting light onto linear arrays of its high efficiency solar cells. Utility-Scale Solar Power System Construction and Development The company’s project teams have established a scalable, fully integrated, vertical approach to constructing and developing utility-scale photovoltaic power plants in a sustainable way. The company enters into fixed price engineering, procurement and construction (EPC) agreements with customers under which the company constructs and delivers functioning rooftop- and ground-mounted solar power systems.
(S9P2:German Stock Exchange)
77 Rio Robles
San Jose, CA 95134
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