SunPower’s Next Bet on Solar Power Plants
SunPower Corp. (NASDAQ: SPWR) has transitioned away from a business model focused on some of the world's largest solar power plants to one that focuses most of its resources on residential and commercial solar projects. These small projects are where SunPower can best leverage its high-efficiency solar panels, which generate more electricity per square foot than those of its competitors.
Power plants are an application where the high efficiency of the best panels doesn't offset their higher cost. That's why SunPower is betting on its P-Series panels and the Oasis power plant design. In theory, the combination could turn around SunPower's business in the next few years.
Image source: SunPower.
Source: Fool.com
Sunpower Corp. Stock
€3.07
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