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Statement from SunPower President and CEO Tom Werner on Congressional Approval of Solar Investment Tax Credit (ITC) Extension

SAN JOSE, Calif., Dec. 18, 2015 /PRNewswire/ -- The following statement is from Tom Werner, SunPower president and CEO, on congressional approval of the Solar Investment Tax Credit (ITC) extension:

"With Congressional approval on a five-year extension of the Solar Investment Tax Credit (ITC), we have a fresh runway that will only accelerate the global energy transformation to clean, sustainable sources such as solar. The ITC extension provides a sense of certainty that allows for new investments that might not have been possible in its absence.

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"Every day, we see increasing numbers of homeowners, public agencies and businesses taking advantage of the benefits of solar power. Beyond our industry, this is good for families and for the bottom line of every sector, and will help achieve environmental and economic goals well into the future.

"We thank our elected representatives for supporting the continued growth of solar power in the U.S. – for the health and prosperity of our communities, our country, and the planet."

Read more of Tom Werner's comments in the SunPower blog post, "A Breakthrough Year for Solar."

About SunPower
As one of the world's most innovative and sustainable energy companies, SunPower Corp. (Nasdaq: SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools and utilities around the globe rely on SunPower's more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com.

© 2015 SunPower Corporation.  All Rights Reserved.  SUNPOWER and the SUNPOWER logo are trademarks or registered trademarks of SunPower Corporation in the U.S. and other countries as well.

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SOURCE SunPower Corp.

For further information: Natalie Wymer, SunPower, natalie.wymer@sunpower.com, +1.408.457.2348