SunPower Invests in Smart Home Technology

San Jose, Calif., | December 23, 2014 — Throughout the year, SunPower Corp. has invested in integrated technology solutions to help customers manage their cost of energy. These moves reinforce the company’s evolution to offering Smart Energy solutions for its residential, commercial and utility customers. Recent key activities include: SunPower announced an exclusive agreement with Sunverge for residential and utility energy storage solutions in the United States and Australia. SunPower and Sunverge expect to make combined solar and storage solutions commercially available in early 2015. Earlier this week, SunPower announced a $20 million growth capital investment in Tendril to license […]

By Derick Lila December 23, 20140

San Jose, Calif., | December 23, 2014 — Throughout the year, SunPower Corp. has invested in integrated technology solutions to help customers manage their cost of energy. These moves reinforce the company’s evolution to offering Smart Energy solutions for its residential, commercial and utility customers. Recent key activities include:

SunPower announced an exclusive agreement with Sunverge for residential and utility energy storage solutions in the United States and Australia. SunPower and Sunverge expect to make combined solar and storage solutions commercially available in early 2015.

Earlier this week, SunPower announced a $20 million growth capital investment in Tendril to license the company’s Energy Services Management (ESM) Platform software. Enhanced by SunPower’s vast amount of solar related data, the ESM Platform will power the development of new Smart Energy applications for a broader set of consumers and utilities.

Last month, the company announced its acquisition of SolarBridge, a leader in integrated microinverter technologies for the solar industry. SunPower will utilize this technology to develop next generation microinverters for use with its high efficiency solar panels.