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Transactions - MARCH 16, 2020

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SunPower expands to supply residential solar to New England

by Kali Persall

San Jose, Calif.–based SunPower was selected to deliver close to 11 megawatts of direct current (DC) solar power in New England as a result of the region’s 14th Forward Capacity Auction (FCA 14). The auction is held annually to ensure that the six states in ISO New England’s service territory have enough resources to meet future electricity needs.

According to ISO New England, the organization secured capacity at the lowest price in the auction’s history.

“This is a historic moment for SunPower and a big win for ISO New England,” said Tom Werner, CEO and chairman of the board at SunPower. “In the U.S., distributed solar technology is now producing reliable electricity at costs competitive to traditional energy sources like coal and gas, which is a major shift from just a few years ago.”

SunPower will sell and install approximately 1,375 home solar solutions in New England to fulfill its capacity obligations. The company’s customer base comprise

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