SunPower just announced that it has signed an agreement to acquire SunRay Renewable Energy from its shareholders. SunRay is a leading European solar power plant developer with a project pipeline of more than 1,200 megawatts (MW) in different stages of development.
In a press release, Howard Wenger, president of SunPower’s utilities and power plants business group, commented on the purchase:
“SunRay has a proven track record of developing bankable solar power plants in a complex … Read the rest
Sunpower (SPWRA) has designed and started construction earlier this year of Italy’s largest solar plant, called the Montalto di Casto project, it was announced today. Sunray Renewable Energy is the Italian company working with Sunpower as the developer and owns the project which is being financed, in part, by a consortium of international and Italian banks. This 24MW plant is phase 1 of a larger 100MW project and will feature Sunpower’s Tracker technology which … Read the rest
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