Wednesday, SunPower Corp. (SPWRA,SPWRB) said it completed the construction on 305-kilowatt SunPower solar power system at Crowne Plaza Hotel in Alice Springs, Northern Territory. The project is owned by Invest North Pty Ltd.
The Department of the Environment, Water, Heritage, and Arts provided financial backing for this project as part of Australia's A$94 million Solar Cities Program.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.