The 25-year-old company also announced a pair of business deals in the Italian market.
SunPower expressed confidence in its 2011 view because of a book of 5GW of utility power plants, and residential and commercial contracts served by 1,500 dealer partners. Chief executive Tom Werner is also counting on scale, reductions in both panel and balance-of-system costs, a business model that he can adjust with the market and a strong balance sheet.
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