SunPower signs multi-year solar panel manufacturing deal with Jabil Circuit
Jun 09, 2009 (Datamonitor via COMTEX) --
Company: Jabil Circuit, Inc. (JBL)
SunPower, a manufacturer of solar systems, has signed a multi-year solar panel manufacturing agreement with an electronic product solutions company Jabil Circuit, to build panels for SunPower's North American solar market. Jabil will begin manufacturing panels for SunPower in Mexico in the second half of 2009.
Separately, Jabil will collaborate with SunPower as part of the company's participation in the Solar America Initiative (SAI), a US Department of Energy effort to accelerate the development of advanced solar energy technologies.
SunPower has participated in the initiative since September 2007. SunPower and Jabil intend to evaluate establishing panel and system manufacturing locations in the US, which would result in the creation of highly skilled jobs.
Marty Neese, COO of SunPower, said: "This agreement provides SunPower with the flexibility to site manufacturing near the largest and fastest growing solar markets in North America, improving the efficiency of our supply chain.
"Jabil's extensive experience in manufacturing and high-quality standards makes them an ideal partner for producing SunPower's solar panels, the most powerful solar technology on the planet."
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Company: Jabil Circuit, Inc. (JBL)
Related terms: energy, manufacturer, manufacturing, mexico, north america, solar power, technology
