Why SunPower's Colorado Project Is a Big Deal

SunPower (NASDAQ: SPWR  ) announced this week that it is building a 50 MW power plant that will sell power to Xcel Energy (NYSE: XEL  ) , a project that shouldn't be overlooked by investors. SunPower recently announced a YieldCo/HoldCo strategy that has the company building projects on its balance sheet to generate more value for shareholders. Thus far, the plan is to hold this project on the balance sheet to retain value. 

Last quarter, SunPower's management predicted that a utility-scale project like this one would generate around $2 of retained value per watt, or about $100 million from this one project alone. 

Solar specialist Travis Hoium covers more on this project and what to look for at SunPower in the video below. 

The U.S. energy industry is booming
Energy production in the U.S. is on the rise, and solar isn't the only source of energy where you can profit. The Motley Fool is offering a look at three energy companies using a small IRS "loophole" to help line investor pockets. Learn this strategy, and the energy companies taking advantage, in our special report, "The IRS Is Daring You To Make This Energy Investment." Don't miss out on this timely opportunity; click here to access your report -- it's absolutely free. 

Read/Post Comments (0) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2977966, ~/Articles/ArticleHandler.aspx, 9/4/2015 12:03:41 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Travis Hoium

Travis Hoium has been writing for since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things.

Today's Market

updated 2 hours ago Sponsored by:
DOW 16,374.76 23.38 0.14%
S&P 500 1,951.13 2.27 0.12%
NASD 4,733.50 -16.48 -0.35%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/3/2015 3:59 PM
SPWR $23.66 Up +0.71 +3.09%
SunPower Corporati… CAPS Rating: ****
XEL $33.29 Up +0.19 +0.57%
Xcel Energy, Inc. CAPS Rating: ***