Friday, December 3, 2010

Another Solar Power Plant for Italy

SunPower Corp. said Thursday it has signed a contract to design and build a 3.4-megawatt solar power plant in the Lazio region of Italy.

The solar products manufacturer will begin construction on the ground-mounted plant this year, with completion expected in April.

SunPower, which is based in San Jose, Calif., signed the contract for the plant with E.ON Climate and Renewables Italia Solar Srl. Terms were not disclosed.

E.ON Climate and Renewables is based in Dusseldorf, Germany. It oversees E.ON Group's global renewables and climate protection activities.

Shares of SunPower rose 41 cents, or 3.4 percent, to close Thursday at $12.47.


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