SunPower, Iberdrola to build 30 MW solar power plant in Colorado

San Jose, Calif., October 28, 2010 — SunPower Corp. agreed with Iberdrola Renewables to design and build a 30-MW photovoltaic solar power plant, the San Luis Valley Solar Ranch, on 216 acres of private, former agricultural land in Colorado’s Alamosa County.

The solar plant is expected to be fully operational by the end of 2011. Construction will begin this year and create about 100 jobs.

Iberdrola Renewables is developing the solar ranch, and will own and operate it. The company will sell the electricity under a long-term contract to Xcel Energy, for distribution on the region’s utility grid. The project will create employment opportunities and provide revenue for schools, health, fire, and other critical services in Alamosa County. 

The plant will use SunPower E19 solar panels, the most efficient solar panels on the market, mounted on SunPower Tracker systems, which generate up to 25 percent more energy per land area than conventional systems and reduce land-use requirements.

SunPower Trackers tilt the solar panels toward the sun as it moves across the sky, increasing energy capture and providing more power on hot summer days when utilities need it most.

SunPower has more than 600 MW of large solar power systems installed or under contract worldwide.

Founded in 1985, SunPower Corp. designs, manufactures and delivers the planet’s most powerful solar technology broadly available today.

Residential, business, government and utility customers rely on the company’s experience and proven results to maximize return on investment. With headquarters in San Jose, Calif., SunPower has offices in North America, Europe, Australia and Asia.

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