SunPower Expects 300 Megawatts of Sales From China Plant

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SunPower Corp., the second-biggest U.S. solar manufacturer, expects to sell about 300 megawatts of systems this year from a factory in China that may eventually serve as an export hub.

The factory is producing components at an annual run-rate of 50 megawatts and will eventually have 300 megawatts of capacity, according to Chief Executive Officer Tom Werner.