sunpowerresidentialsouthafrica Sunpower Inc.

SunPower Expands in Residential Market with SolarBridge Acquisition

SunPower Corp., San Jose, Calif., expanded its product portfolio for its residential customers with the acquisition of SolarBridge Technologies Inc., a leader in integrated microinverter technologies for the solar industry.  Based in Austin, Texas, SolarBridge has developed an innovative, highly reliable microinverter solution for roof-ready AC solar panels.  Panels with these factory-integrated microinverters can be directly installed, eliminating the need to mount or assemble additional components on the roof or the side of a home.

SunPower will utilize this technology, which converts direct current (DC) generated by a single solar photovoltaic panel into alternating current (AC), to develop next generation microinverters for use with SunPower's high efficiency solar panels.  Terms of the acquisition were not disclosed.

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