KOREAN   |   ENGLISH 

  Market & Policy  |   Project & Contract  |   Technology & Product  |   Corporate News  |   Product News  |
  Cell & Module  |   Production & Inspection  |   Component & Power  |   Solar Material  |
  Worldwide  |   Europe  |   North America  |   APAC  |   Others  |
  Cell & Module  |   Production & Inspection  |   Component & Power  |   Solar Material  |
  Cell & Module  |   Production & Inspection  |   Component & Power  |   Solar Material  |   Agent & Dealer  |
  Free Event Listing
  2012 JUN Issue   |   What is Digital Magazine?  |  How to use  |  Archives  |  Subscription  |  iPad / Mobile  
 
  Tigo Energy

20% More Energy

Market & Policy

Project & Contract

Technology & Product

Corporate News

Product News


<JUN, Issue, 2012>
Cover Story :
DEGER equips two solar parks in Bosnia-H...
Table of
  Contents
Corporate News

Home > News > Corporate News

Total and SunPower partner to create a new global leader in the solar industry

Success of friendly tender offer--preliminary results

Total and SunPower Corp. announced the success of Totals all-cash tender on SunPower to create a new global leader in the solar industry.

"Today marks a new stride-forward for Total in the solar power industry," said Philippe Boisseau, President, Total Gas & Power. "To ensure the long-term viability of solar energy, the marketplace requires global integrated industrial players that are financially stable and committed to advancing cutting-edge technology. By combining the strengths of both groups, we have created a remarkable asset: SunPower will be the centrepiece of the solar activities of Total."

"Totals transformational investment in SunPower significantly strengthens our company, accelerates our success in a broader marketplace and enhances our R&D efforts, which are known for producing world record-breaking efficiency technology," said Tom Werner, SunPower President and CEO. "By combining our complementary strengths, SunPower and Total will change the way the world is powered."

Total has accepted for payment 30,220,701 shares of Class A common stock and 25,220,000 shares of Class B common stock at a purchase price of US$23.25 per share for a total cost of approximately US$1.3 billion. Adjustments will have to be made after the expiration of the guaranteed delivery period on June 17, 2011.

 

 

For more information, please send your e-mails to pved@infothe.com.

2010 www.interpv.net All rights reserved.

 

 

 
 

     Suntechs Just-Roof Receives CEIAB Approval for Premium BIPV Feed-in Tariff in France

     Meyer Burger acquires a further 6.34% of shares in Roth & Rau from OTB Group B.V.



Portable solar ...
Polyurethane fo...
Wire Bonding Ma...
Home l New Product Showcase l Gold Suppliers l Trade Shows l email Newsletter l About InterPV l Help l Site Map l Partnerships l Privacy Policy
Publisher: Choi Jung-sik | Edited by: Lee Sang-yul | Youth Protection Officer: Lee Sang-yul
Copyright Notice ⓒ 2004-2007 www.interpv.net Corporation and its licensors. All rights reserved.