Sunpower (SPWRA) & Iberdrola Renewables Partner On 30MW Colorado Solar Plant

SunPower (SPWRA) and Iberdrola Renewables have announced plans to partner on a 30MW solar plant on 216 acres of private land in Colorado which is expected to come online by the end of next year.  The plant will be owned and operated by Iberdrola and use Sunpower’s E19 solar panels mounted to the Suntracker systems to maximize efficiency.  The electricity generated will be sold under a long term contract to Xcel Energy (XEL).

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“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 Howard Wenger, president of SunPower’s utility and power plant business group. “We congratulate Iberdrola Renewables for its 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.”

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