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Under the program, SunPower will sign power-purchase agreements with qualified customers. Wells parent company of Charlotte-based , will finance the solad power systems that SunPowerwill build, operate and maintain. Customers hostinv the systems will buy the electricityfrom “We see increasing opportunities over the next severaol years to support renewable-energy markets,” says Barruy Neal, director of Wells Fargo’s environmental financre unit. “By teaming up with we intend to support growth in the sola energy market by makinvg it easier and more affordable for businesseds and public entities to benefitf from solarelectricity today.
” SunPower (NASDAQ:SPWRA), basee in San Jose, Calif., has more than 500 largwe public and commercial solar powe r systems installed or under contract. Wells Fargo (NYSE:WFC) is base in San Francisco. The company has providec more than $1.75 billion in financing for renewable-energhy projects since 2006.
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