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SunPower to supply more than 100 MW solar panels to Toshiba

Wed, 09/12/2012 - 3:24pm
Reuters

(Reuters) - Solar panel maker SunPower Corp said it will supply more than 100 megawatt (MW) solar panels to Japan's Toshiba Corp under a multi-year agreement.

SunPower has been looking to grow in Asia as the solar sector battles with pressured margins due to weak European demand and a glut that has dragged down prices.

The company said it has delivered about 70 MW of solar panels to Toshiba since the first agreement in 2010.

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