Benjamin Romano. Seattle French oil giant Total is buying up to 60% of US solar manufacturer and project developer SunPower for nearly $1.4bn, and providing a $1bn credit facility.. The deal, which the companies position as a "broad strategic relationship", will represent one of the largest plays by an oil major in solar and could be a boon to other PV companies.
Total's big solar move
Oil major breaks new ground by buying majority share in US PV outfit SunPower for $1.4bn
5 May 2011 22:00 GMT
Updated
25 November 2012 15:51 GMT