SunPower Corp. (SPWR) announced that it has been selected by Florida Power & Light Co. to build a solar photovoltaic power plant in the United States, and a second power plant at the Kennedy Space Center. Florida Power & Light Co. is a subsidiary of FPL Group, Inc. (FPL).
SunPower said that the installation would include a 25-megawatt power plant in DeSoto County, Florida, and a 10-megawatt project at the Kennedy Space Center. SunPower will design and build the facilities and Florida Power & Light will own, operate and maintain the systems.
SunPower noted that the DeSoto plant would be completed in 2009, while the plant at the Kennedy Space Center would be completed in 2010.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.