Monday, March 17, 2014

SunPower Stock Price and Short History

A bit of history on SunPower (SPWRA) stock price. The company was founded in 1985, and it went public in 2006 with stock prices values at around $25.00 per share, by the end of 2007 SPWRA was valued at almost $150.00. Then it declined over the next five years to bottom out at a value of around $5.00 in 2012. In 2013 it began to climb to its current price of $31.67 (March 16, 2014).

In February 2010 Sunpower acquired SunRay Renewable Energy, a leading European solar power plant developer with offices in Europe and the Middle East, including a principal project office in Rome.

Ford has used Sunpower's solar panels for its solar powered charging stations. Starting in 2011 and completed in 2013, SunPower teamed up with Ford to power the C-Max Solar Energi concept which was on display at the 2014 International Consumer Electronics Show in Las Vegas. This vehicle has 350 watts of SunPower Corp. solar cells in the roof and it may be the beginning of vehicles that get their energy from the sun rather than a combustion engine hybrid configuration or a plug-in-electric-vehicle (P-EV).

SunPower solar system has one of the highest-efficiency, most reliable on the market today. Its headquarters are in San Jose, Calif., and it also has offices in North America, Europe, Australia and Asia.

© 2014, Richard Matthews. All rights reserved.

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