SunPower Corp. (Nasdaq: SPWRA, SPWRB) today announced that it is building solar power systems for the Fallbrook Public Utilities District (FPUD) in San Diego County and the San Juan Water District (SJWD) in Placer County. Both systems are using high efficiency SunPower technology to maximize solar power generated on site, and are expected to be operational in the first half of 2011.
The purchase of the system for FPUD will be financed using low-interest Qualified Energy Conservation Bonds (QECBs) available as a result of the federal American Recovery and Reinvestment Act of 2009 (ARRA). At the 8-acre site, SunPower is designing and building a 1.1-megawatt ground-mounted solar power system using SunPower solar panels, the most efficient solar panels on the market, with SunPower™ T20 Trackers. The trackers rotate the panels to follow the sun, increasing energy capture by up to 30 percent over conventional fixed-tilt systems, while significantly reducing land use requirements.
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