SunPower Extend Solar Deal With Toshiba Until 2018 (For Another 100 MW)
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SunPower Corporation, along with Japanese electronics giant Toshiba, are extending their mutually beneficial solar panel deal until 2018.
With the expanded partnership, SunPower will give more than 100 megawatts (MW) of its highest efficiency residential solar panels to Toshiba to sell in the Japanese market, a news release stated.
Under the agreement which has been in place since 2010, SunPower has provided more than 150 MW of high-efficiency solar panels to Toshiba.
“Our strong partnership with Toshiba has been instrumental in our rapid growth in the Japanese residential market,” said SunPower Corporation president and CEO Tom Werner.
“Extending our partnership through 2018 provides further certainty in a region that values our high-efficiency, high reliability, guaranteed performance solar panels.”
Meanwhile, Toshiba officials are also is excited about continuing the partnership with SunPower, which offers arguably the best solar panels on the market.
“Toshiba has become a leading provider of high efficiency solar systems to the Japanese residential market and this extended agreement means we will continue to deliver the most reliable photovoltaic systems in the country for years to come,” said Takeshi Yokota Toshiba Executive Officer, Corporate Vice President.
“We greatly value our partnership with SunPower and the opportunity to market their premium product systems.”
Source: PR Newswire
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