SunPower Group Annual Report
Are you tired of paying big electrical power costs month after month? Going solar is your best option for huge cost savings, and now, thanks to SunPower, it is cheaper and simpler than ever before.
This is what you will learn:
SunPower is an American energy company established by Richard Swanson & Richard Crane in 1985. It started as EOS Electric Power. In 1988 it was renamed SunPower. In 1990 the business received funding to start manufacturing solar cells. In 1992 began shipping them to clients.
What Is SunPower?
SunPower is known to design, manufacture, and deliver a wide variety of high-performance solar electric systems across the USA, for commercial and property purposes.
It is also beneficial to mention that NASA also has utilized SunPower’s cutting edge cell innovation for their area programs.
However NASA is not the only one who has relied on SunPower items. Solar Impulse 2, a zero-fuel plane, set a world record for becoming the first solar plane to fly all over the world, also utilizes SunPower solar cells.
There are plenty of case studies out there using SunPower items, from schools, markets, and property owners, saving millions $$ in the process of going solar.
SunPower has actually recently chosen to convert its manufacturing department into a brand-new business called Maxeon Solar, while SunPower will focus exclusively on the customer and service side, installing photovoltaic panels.
The division began with a $298 million investment by SunPower’s partner and the world’s leading supplier of silicon wafers, Tianjin Zhonghuan Semiconductor Co. (TZS).
Why The Creation Of Maxeon Solar?
The objective is to optimize the core operations of the two business without mixing them. “This transaction will also simplify both organizational structures, reducing costs, while improving efficiency and creating more agile businesses,” SunPower CEO Tom Werner stated throughout a November 11 teleconference.
Maxeon Solar will take on production and technological development, giving SunPower the capability to focus solely on expanding its market share against its rivals, such as Canadian Solar.
Resolving The Problem Of Solar Energy Consumption
SunPower is participated in the production and sale of photovoltaic panels, and they provide a wide variety of product selections.
Photovoltaic panel are alternative sources of energy. They are comprised of solar batteries that transform sunshine (and not just light) into electrical power.
A complete set consisting of solar panels, batteries, inverters, and controllers is called a Solar Power Plant. All this can be bought from the business.
Additionally, they offer an assurance for 25 years, unlike others who provide just 10 years. Likewise, when ordering from them, they will bring and set up batteries and whatever you need free of charge.
SunPower Group Annual Report
Products That SunPower Offers
SunPower manufactures several items, all related to solar energy, like solar panels, total systems, solar cells, complete roof-integrated planetary systems, and solar battery storage.
Let’s dig in …
SunPower Solar Panels
SunPower offers four series of solar panels. They are enhanced for various applications:
Do you wish to maximize your lifetime savings? Then SunPower A-Series panels is for you. A-Series delivers the most effective cell and greatest wattage panels you can place on your roofing.
SunPower presented the world’s first 400-watt photovoltaic panel, which suggests you can have more power than ever before in a small space with less panels on your roof.
SunPower X-Series photovoltaic panels deliver 44% more power per panel, resulting more power in smaller sized areas, with less panels. In this manner you can broaden energy production just by using additional roofing system area to add more panels later if you desire.
They likewise provide the highest efficiency readily available in a residential solar panel today, at a record-breaking 22.8%.
That implies house owners get more electrical energy, more flexibility, more peace of mind, and lower electrical energy costs.
SunPower E-Series provide 36% more power per panel than standard panels. Simply put, they convert more sunlight into electrical power
E-Series are developed with Maxeon solar cells, delivering up to 20% performance and comes in 327W, 320w, or 435w alternatives.
SunPower P-Series are developed with an innovative shingled design solar cells that gets rid of much of the reliability obstacles of conventional front contact panels.
P-Series panels provide 7% greater panel effectiveness and as much as 19 %more energy over the first 25 years of operation.
However that is not all: SunPower Performance Series( P-Series) panels were called as a top performer in all those five dependability tests conducted by DNV GL, the world’s largest resource of independent energy specialists and accreditation body. Those tests include:
Benefits Of SunPower Solar Panels
There are lots of advantages of going solar by using SunPower items:
SunPower has actually been in solar energy company for more than 35 years. The company was founded in 1985. Ever since, SunPower has actually been refining photovoltaic panels for residential and business market. In this market and many others, there are plenty of companies that go and come.
Because the financial investment in solar panels is significant, you much better trust on a business that has proved to be here for several years.
One of the most important factors in catching solar power is the efficiency rating of a panel. Not all photovoltaic panels are the same. A higher effectiveness rating implies fewer panels to capture the very same amount of energy.
SunPower uses an market leading 22.8% effectiveness ranking, which is around 60-70% higher than the competitors.
Photovoltaic panel are a substantial financial investment for both, property owners and commercial services. So, they require to know that they will last. SunPower panels surpassed competitors in dependability, energy production, destruction rates, and shading effect.
SunPower panels are built with long lasting covers to get rid of UV destruction, copper foundations for additional strength, and they offer a single 25-year warranty that covers the entire panel and all its parts.
SunPower photovoltaic panels are eco-friendly. Anybody who is not indifferent to the health of the world, of course, will consider his responsibility to buy harmless energy sources. Many individuals stop at wind turbines, the problem with them is they give off unique sounds; solar panels are quiet.
Other individuals choose any solar panels that are out there in the market. However, the circumstance here resembles that of electric automobiles: the batteries are eco-friendly, however they use hazardous harmful substances in the process of their production of batteries, power plants, conductors, etc. As a consequence, they end up polluting the environment.
SunPower has actually long been the market leader in sustainability and uses a complete closed loop sustainability strategy. Their viewpoint is to drive sustainable company practices at every stage of the item life process and beyond.
This technique led the way for SunPower to become the winner of pv magazine’s very first yearly sustainability award.
SunPower provides an unmatched 25 years complete self-confidence warranty. They cover whatever on your Roof. They will repair, change or repay faulty parts, and you get the market’s best power warranty. Each part goes through weeks of testing, aging, and quality control before assembly and final evaluation. After all, a better product suggests a better service warranty.
Remember: with standard solar, even a small issue can end up being a huge headache, different service warranties for each part (racking, panel, tracking, inverter), unpredictable service fees (installation of replacement not consisted of, delivering not consisted of), low power output, tons of documentation, multiple suppliers. It suffices to make your head spin.
Pros & Cons Of SunPower Solar Panels
- SunPower uses one guarantee that covers item quality, power production, and service for your whole system.
- Your panels will not lose more than 8% of their original power output in 25 years.
- You have 3 various payment options to pick from: solar leasing, purchasing with money, and funding with a loan.
- SunPower has actually been on the cutting edge of solar innovation for more than 30 years. You can be positive that you will have the first-rate solar items and high-efficiency panels.
- The SunPower X Series solar panels excel in regards to power generation, delivering 44 percent more energy per watt than competitive items.
- SunPower panels are exceptionally appealing and visually pleasing.
- Power Purchase Agreement (PPA) payment choice just offered to business clients. Although the business’s solar lease alternative is available at a flat rate.
- Some clients have offered negative feedback relating to SunPower’s customer service.
Just How Much Does SunPower Cost?
There isn’t a repaired cost for a solar power system. It depends upon the area, your house and your car energy usage
To have an idea, normally a SunPower solar power system cost in between $3.20 and $4.50 per watt. A 6-kw SunPower system can cost approximately $30,000 or more before rewards.
For your convenience, SunPower provides 3 payment options:
- Purchase. You own the energy and the system it produces. Getting your SunPower system directly can maximize your cost savings. Over time, your system can pay for itself through your utility costs savings
- Loan. You own your planetary system and pay for it with a loan. There are numerous loan payment terms readily available, including optional complete prepayment without penalty.
- Lease. SunPower owns the system on your roofing system. You pay a monthly amount to” rent” the system and utilize the energy you produce.
Remember: those worths are just approximated. For a comprehensive and more accurate quote, click here to complete an easy 3-step form. A SunPower agent will contact you (this is not a contract and you do not have any responsibility.)
What SunPower Customers Are Saying?
Here you are some property owners that share why they chose SunPower and how going solar has changed their lives. You can discover more reviews on SunPower website
Purchasing solar panels is a wise decision. This financial investment resembles investing in energy efficiency measures and to reduce heat loss in your home. Any appliance that consumes less energy instantly starts making you cash by saving energy.
The expense of extra insulation for your house starts to save you on air conditioning and heating instantly. By now, lots of already understand that purchasing energy efficiency measures is a brilliant financial investment.
Likewise, remember that in addition to saving from setting up solar panels, you are likewise contributing to the battle against contamination and international warming. This is due to the fact that you decrease the energy intake from conventional, environmentally filthy, fuel-fired power plants.
Solar panels increase the value of your home. And in some cases, they increase its attractiveness among buyers because even if the increase in the value of the house is less than the cost of a solar power plant on the roof of your house. It will be easier to sell such an “advanced” house.
Photovoltaic panel increase the worth of your home. And in some cases, they increase its beauty among purchasers since even if the increase in the worth of the house is less than the expense of a solar power plant on the roofing of your home. It will be easier to sell such an “advanced” home.
SunPower Group Annual Report
MORE FOR YOU
It’s only by getting to know you, your wants, needs, and desires that SunPower can help you generate your own electricity and maximize your savings