SunPower by Infinity Solar, Venture Home Solar Team Up

Zacks

SunPower by Infinity Solar, the only SunPower Corp. SPWR Master Dealer on the East Coast, has teamed up with Venture Home Solar to provide premium solar panels and services to the entire New York metropolitan area.

Located in Brooklyn, NY, Venture Home Solar is a solar panel installation company serving New York City. With the latest joint venture, its customers will benefit from Infinity’s proficiency as the market’s premier solar installer. SunPower has the leading solar panels in the industry in terms of panel efficiency and durability. They also carry an unparalleled 25-year warranty.

It’s a win-win deal for both the companies and the customers as well. The partnership will not only benefit the New York Metro area with the best products and service, but will also fetch significant cost savings. Venture Home Solar will become a turnkey residential solar provider as a result of the partnership with SunPower by Infinity Solar.

San Jose, CA-based SunPower designs, develops, manufactures, markets and sells high-performance solar electric power technology products, systems and services worldwide for residential, commercial and utility-scale power plant customers.

The company is one of the most forward-integrated solar companies, having over a decade-long experience in designing, manufacturing and supplying large-scale solar systems. SunPower is committed to providing high-performance solar power products to its customers. The company continues to utilize sophisticated manufacturing techniques to improve solar cell efficiency, reduce wafer thickness, improve throughput, process yield and quality, and introduce new products that enhance the efficiency of solar power for its customers.

The E20 series solar panels have a conversion rate of 20%, making them highly cost efficient. In fact, E-series solar panels generate 36% more power per panel as compared to conventional panels, making it quite economic as well. Its X-series panels, on the other hand, are able to generate 44% more power than conventional panels. Its innovative rooftop solutions occupy less space, which implies lower installation costs with fewer panels to be installed. Its T10 Solar Roof Tile can tilt at an angle of 10 degrees, thus enabling larger capture of energy from each solar panel. These initiatives will enable the company to improve its margins.

Zacks Rank

SunPower carries a Zacks Rank #2 (Buy). Some of the other favorably ranked stocks in the solar space include JA Solar Holdings Co. Ltd. JASO, ReneSola Ltd. SOL and First Solar Inc. FSLR. While JA Solar and ReneSola hold a Zacks Rank #1 (Strong Buy), First Solar carries the same rank as SunPower.

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