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Alternative Energy: SunPower Wins Government Business

August 31, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — SunPower Corp. (NASDAQ: SPWRA) said that its solar technology has been selected for installation at several U.S. government properties, including for the Department of Energy's National Renewable Energy Lab, the General Services Administration, the Navy and the Air Force.

According to SunPower, the contracts represent a minimum of 20 megawatts of new solar projects for SunPower.

SunPower was selected by NREL to design and construct a two-megawatt solar power system at the Department of Energy's new Research Support Facility on the NREL campus in Golden, Colorado.

The General Services Administration and general contractor Shiel Sexton selected SunPower solar technology for the 1.8-MW solar system that is under construction at the General Emmett Bean Federal Building in Indianapolis, Indiana.

SunPower was one of five solar providers awarded an indefinite delivery-indefinite quantity contract by Naval Facilities Command to deliver solar power systems to Navy and Marine Corps installations throughout the southwestern United States.

Under the contract, SunPower will design, build, operate and maintain the systems, and sell the power to the Navy and Marine Corps under power purchase agreements. Projects may range in size from one to 15 MW.

The Navy will have up to five years to award up to 40 MW of solar projects under a $200 million contract.

Earlier this month, SunPower reported an agreement with Arizona Public Service to design and construct a 15-MWac solar photovoltaic power system at Luke Air Force Base in Glendale, Arizona.

Scheduled for completion in the summer of 2011, it is expected to be the largest solar power installation at a U.S. government facility and generate the equivalent of 50 percent of the annual energy requirements for Luke Air Force Base.

California-based SunPower designs and manufactures solar technology for residential, business, government and utility customers.

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