The marketing folks at SunPower (along with its shareholders) must be salivating this morning after the San Jose maker of chips used in solar-power systems revealed in a press release that the U.S. Department of Energy has installed a 205-kilowatt SunPower solar-electric system on top of its Forrestal Building in Washingto n D.C. (Pictured is
In its release, SunPower says it’s PowerGuard solar-electric system was chosen for the DOE’s rooftop “because it integrated well into the existing roofline.”
Other government agencies for which SunPower says it has also installed solar systems include the U.S. Navy at stations in Coronado and Pearl Harbor; the U.S. Postal Service in West Sacramento; a 14 megawatt solar photovoltaic power plant at the Nellis Air Force Base near Las Vegas. It has also contracted to build a10 megawatt ground-mounted solar system at the Kennedy Space Center for Florida Power & Light Company.
Unfortunately, Wall Street didn’t seem to care. Solar stocks got slammed amid lower oil prices and fears that a possible solar panel oversupply may lead to lower prices in 2009. As of noon, SunPower shares were down $9.82, or 11.4 percent.