SAN JOSE, Calif., April 13, 2017 /PRNewswire/ -- Located in
San Bernardino County, California,
Hesperia Unified School District (HUSD) will soon have more than
5.7 megawatts of high-efficiency SunPower® Helix™ carport systems
generating solar power for 29 of its sites. Construction of the
carports is underway at 15 locations now, and SunPower
(NASDAQ:SPWR) expects to complete all installations by the end of
2017.
"We're thrilled about bringing clean energy to Hesperia Unified
School District through SunPower's world-leading solar technology,"
said Dr. George Landon, HUSD
assistant superintendent, business services. "The cost-effective
solar power solution is a win-win for HUSD, improving overall
district economics while demonstrating the value of a renewable
energy future to our students."
Within the first year of operation, the solar carports are
expected to generate 10.4 million kilowatt-hours of clean
electricity which is equivalent to removing more than 1,500 cars
from the road. On completion, SunPower estimates that approximately
60 percent of the district's electricity will be provided by the
SunPower Helix carport systems.
"We're pleased to welcome HUSD to a growing number of school
districts across the country that are seeing the economic and
environmental value that reliable solar energy solutions from
SunPower can generate," said Nam
Nguyen, SunPower senior vice president. "Our Helix™ systems
are complete with comprehensive, powerful energy intelligence
software that allows the District to identify demand peaks and
savings opportunities."
To finance the project, the District secured U.S. Department of
Treasury clean renewable energy bonds (CREBs), which are available
to entities primarily in the public sector to finance renewable
energy projects. HUSD owns the solar power systems, along
with the associated renewable energy credits.
A leader in delivering innovative energy solutions to schools,
SunPower has installed more than 140 megawatts of solar in 32
California school districts. Attendees of this week's 2017 Annual
Conference and California School Business Expo in Long Beach hosted by California Association of
School Business Officials can visit SunPower at booth 1014 to learn
more about the benefits of solar for
schools.
About SunPower
With more than 30 years of proven
experience, SunPower is a global leader in solar innovation and
sustainability. Our unique approach emphasizes the seamless
integration of advanced SunPower technologies, delivering The
Power of One® complete solar solutions and lasting customer
value. SunPower provides outstanding service and impressive
electricity cost savings for residential, commercial and power
plant customers. At SunPower, we are passionately committed to
changing the way our world is powered. And as we continue shaping
the future of Smart Energy, we are guided by our legacy of
innovation, optimism, perseverance and integrity. Headquartered in
Silicon Valley, SunPower has dedicated, customer-focused employees
in Africa, Asia, Australia, Europe, North
America and South America.
Since 2011, we've been majority-owned by Total, the fourth largest
publicly-listed energy company in the world. For more information,
visit www.sunpower.com.
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995, including, but not limited to, statements regarding project
timeline, projected energy output, and cost savings. These
forward-looking statements are based on our current assumptions,
expectations, and beliefs and involve substantial risks and
uncertainties that may cause results, performance, or achievement
to materially differ from those expressed or implied by these
forward-looking statements. Factors that could cause or contribute
to such differences include, but are not limited to: regulatory
changes and the availability of economic incentives promoting use
of solar energy, challenges inherent in constructing and
maintaining certain of our large projects, and fluctuations or
declines in the performance of our solar panels and other products
and solutions. A detailed discussion of these factors and other
risks that affect our business is included in filings we make with
the Securities and Exchange Commission (SEC) from time to time,
including our most recent report on Form 10-K, particularly under
the heading "Risk Factors." Copies of these filings are available
online from the SEC or on the SEC Filings section of our Investor
Relations website at investors.sunpowercorp.com. All
forward-looking statements in this press release are based on
information currently available to us, and we assume no obligation
to update these forward-looking statements in light of new
information or future events.
©2017 SunPower Corporation. All Rights Reserved.
SUNPOWER, the SUNPOWER logo, HELIX and THE POWER OF ONE are
trademarks or registered trademarks of SunPower Corporation in the
U.S. and other countries as well. All other logos and trademarks
are properties of their respective owners.
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SOURCE SunPower Corp.