SunPower Announces $330 Million Global Solar Supply Agreement with PowerLight

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SunPower Corporation (SPWR) announced its largest ever product supply contract. The supply agreement with PowerLight Corp., a global solar systems provider, calls for the delivery of $330 million of solar panels from 2005 through 2009. SunPower’s industry-leading products will be incorporated into PowerLight’s advanced solar power systems for commercial, government and new home residential customers worldwide. [ more ] SunPower is trading up over 6% today on the news.

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