SunPower signs jv agreement with Chinese solar companies

SunPower (San Jose, CA)—a manufacturer of high-efficiency solar cells, solar panels, and solar systems—has signed a definitive agreement to form a joint venture with Tianjin Zhonghuan Semiconductor (Tianjin, China), Inner Mongolia Power (Group) (Hohhot, China), and Hohht Jinqiao City Development Company (Hohhot, China). Terms of the agreement include the manufacturing and deployment of SunPower’s C7 Tracker concentrator technology system, which uses mirrors to reduce the number of solar cells required to generate electricity, in the Chinese...

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