SunPower Invests in the Smart Energy Home

SAN JOSE, Calif., Dec. 18, 2014 /PRNewswire/ -- Throughout the year, SunPower Corp. SWPR 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:

SWPR 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." border="0" alt="Throughout the year, SunPower Corp. SWPR 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." align="middle" src="http://photos.prnewswire.com/prnvar/20141218/165183-INFO"/>

• Yesterday, 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.

About SunPower Corporation
SunPower Corporation SPWR designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems available today. Residential, business, government and utility customers rely on the company's quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the solar system. Headquartered in San Jose, Calif., SunPower has offices in North America, Europe, Australia, Africa and Asia. For more information, visit www.sunpower.com.

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SOURCE SunPower Corp.