SunPower achieves first installation of Monolith panels

SunPower (SPWR) achieved its first installation of Monolith panels created by Renewable Energy Corporation. Silicon Valley’s Cobalt Power Systems installed the panels for a premium customer in Santa Cruz, California. Cobalt Power Systems CEO, John Paul Bergh said, “Demand for high-quality, power-dense, premium modules has been extraordinary. By the time we received our first container from SunPower on January 16, it had already been sold out. Cobalt Power Systems immediately placed a second order and is now actively designing and deploying Monolith technology at a rapid pace. Technology-aware Silicon Valley homeowners always seek the most advanced solar technology available.”