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Under the program, SunPower will sign power-purchase agreementws with qualified customers. Wells Fargo, parentr company of Charlotte-based , will finance the solar power systems that SunPowerwill design, build, operatre and maintain. Customers hosting the systems will buy the electricithyfrom SunPower. “We see increasing opportunities over the next severapl years tosupport renewable-energy markets,” says Barryt Neal, director of Wells Fargo’s environmentakl finance unit. “By teaming up with we intend to support growth in the solae energy market by making it easied and more affordable for businessesx and public entities to benefig from solarelectricity today.
” SunPower based in San Jose, Calif., has more than 500 largr public and commercial solar power systems installed or under contract. Wells Fargo is based in San The company has provided morethan $1.75 billion in financiny for renewable-energy projects since 2006.
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