SunPower Announces its Advancements in Resource Conservation and Environmental Stewardship in Latest Sustainability Report

Company Joins Circular Economy 100, Furthering its Environmental Leadership

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Oct 16, 2014, 04:45 ET

SAN JOSE, Calif., Oct. 16, 2014 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR), a leading solar technology and energy services provider, today announced that it has released its latest Sustainability Report which details the company's advancements in resource conservation and its leadership in areas such as LEED certification for its factories and offices worldwide. A full copy of the report that outlines SunPower's environmental accomplishments can be downloaded from its website at www.sunpower.com/sustainability.

Highlights from this report include:

Received Leadership in Energy and Environmental Design (LEED) certifications for its San Jose, Calif. Headquarters, Fab 2 solar cell manufacturing plant in the Philippines and Fab 3 AUO SunPower administration building in Malaysia
Assisted more than 170 schools and 60,000 students through its participation in the Alliance for Mindanao Off-Grid Renewable Energy program (AMORE)
Installed 4.7 gigawatts of solar globally as of Dec. 12, 2013, cumulatively avoiding almost 10 million metric tons of CO₂
Since 2008, the company's total normalized greenhouse gas (GHG) emissions fell by 47 percent as measured by metric tons of CO₂per megawatt (MW) produced

To further its leadership and commitment for a more sustainable world, the company also announced that it has joined the Circular Economy 100 (CE100) as the solar industry thought leader. The CE100 is a global platform that brings together leading companies, emerging innovators and regions to accelerate the transition to a circular economy. The goals of this program, created by the Ellen MacArthur Foundation, are to enable participants to implement circular economy initiatives within their own operations and help work towards building a regenerative and circular economy.

"At SunPower, we take a holistic approach to the environment and work toward manufacturing and deploying our high efficiency solar panels in a sustainable way. Today's Sustainability Report details the progress we have made towards our goals and illustrates our ongoing commitment to being a responsible steward for our environment and communities," said Marty Neese, SunPower COO. "SunPower has also joined the CE 100, and we look forward to being the solar thought leader in a new industrial system that is restorative and beneficial by design. As a renewable energy company, we are excited about the role we are playing to accelerate a circular economy."

Earlier this month, SunPower announced that its E-Series and X-Series solar panels manufactured at its Mexicali, Mexico plant, have been awarded the Cradle to Cradle Certified™ Silver distinction by the Cradle to Cradle Products Innovation Institute. These are the first and only solar products to be awarded this certification, which is based on the sustainable manufacturing processes implemented at this facility.

About SunPower Corporation
SunPower Corporation (NASDAQ: SPWR) designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems available today. Residential, business, government and utility customers rely on the company's quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the solar system. Headquartered in San Jose, Calif., SunPower has offices in North America, Europe, Australia, Africa and Asia. For more information, visit www.sunpower.com.

SOURCE SunPower Corp.