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SunPower Edges Up More Than 3% on Deal with Hawaiian Electri
SunPower Edges Up More Than 3% on Deal with Hawaiian Electri
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SunPower Edges Up More Than 3% on Deal with Hawaiian Electri
SunPower (SPWRA) rises after it said late Tuesday it will sell solar photovoltaic (PV) power to Hawaiian Electric Co. under a fixed price contract for 20 years. The power will be generated from a five-megawatt (MW) solar farm that SPWRA will design, build and operate at Kalaeloa in West Oahu. The price per kilowatt-hour in the fixed-price, as-available contract is comparable to a similar recently completed solar facility agreement and is lower than the proposed price for the third tier of Hawaii’s Feed-in Tariff, SPWRA said.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: March 23, 2011
Date Produced: March 23, 2011
View Count: 0
 
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