SunPower and The New Home Company are creating a sustainable, energy-independent community with solar power, energy storage and electric vehicle charging in every home

Features of the new 72-unit community allow residents to overcome power outages, save on utility bills and make the electric lifestyle more convenient

SAN JOSE, CA., October 14, 2021 /PRNewswire/ — SunPower Corp. (NASDAQ: SPWR), a leading provider of solar technology and energy services, and The New Home Company (NEW HOME), a top 50 homebuilder focused on creating a new generation of homes innovations, announced today that NEW HOME offers solar systems, battery storage and electric vehicle (EV) chargers at home in its new community, Eureka Grove.

Sunpower logo. (PRNewsFoto/SunPower Corp.)

The 72 houses of Granite Bay, California will include a SunPower Equinox® rooftop solar system, a 13 kWh SunVault™ energy storage system and a Wallbox (NYSE:WBX) Pulsar Plus EV charger, creating a complete energy management solution for the buyer of modern house. With solar power and storage, homeowners can generate electricity from their rooftops, deploy stored energy during peak utility hours when rates are highest, and power essential loads for a breakdown. Homeowners can also take advantage of solar systems to power their Wallbox EV chargers, making charging more convenient and sustainable.

“The New Home Company creates communities fit for the future, providing residents with energy savings and peace of mind,” said Matt Brost, senior director of new home sales for SunPower. “The obvious combination of solar power, storage and electric vehicle charging is the future of new residential communities nationwide, providing homeowners with the convenience and ability to positively impact the planet. .”

SunPower Equinox systems generate more energy in less space with fewer visible parts than conventional solar systems. SunVault batteries are manufactured with lithium iron phosphate chemistry, which is designed to be safer and more resistant to heat and oxygen exposure than conventional lithium-ion batteries. SunPower is a preferred installation provider for Wallbox and will manage the installation of the home EV charger in the Eureka Grove community. Wallbox’s Pulsar Plus chargers come with a standard J1772 EV plug, an app allowing scheduled charging and power sharing for two or more chargers with adjustable current output, making them suitable for all EV models.

After moving in, Eureka Grove residents can power their homes with solar power, have battery backup, and charge their vehicles without adding strain to the grid. Homes with these features are available for purchase today and are equipped with additional state-of-the-art, environmentally friendly features, including energy-efficient appliances and vinyl double-glazed windows for better insulation.

“Technology is improving homes and contributing to a modern lifestyle. Innovations such as integrated solar power and storage can have a lasting impact on families in terms of reliability and affordability,” said Kevin Carsonpresident of NEW HOME, Northern California. “Our first solar, storage and EV-ready neighborhood is a significant milestone for the company and we look forward to replicating the teamwork between energy services and architecture in future communities with SunPower to design the houses of today for the needs of tomorrow.

For more information on SunVault energy storage, visit: https://us.sunpower.com/home-solar/solar-battery-storage.

For more information on The New Home Company’s latest neighborhood, visit: EurekaGroveNWHM.com.

About The New Home Company
The New Home Company (NEW HOME) is a next-generation homebuilder focused on designing, building and selling innovative, consumer-focused homes in major metropolitan areas in select growth markets in California, Arizona and Colorado. NEW HOME is one of the most awarded home builders in United States. He was named Builder of the Year 2019 by professional builder and is a multi-year recipient of “The Eliant” for providing the best overall customer experience in North America at the Eliant Homebuyers’ Choice Awards. NEW HOME has won hundreds of homebuilding industry awards for excellence in design and planning, dozens of “Community of the Year” awards, and has been recognized five years in a row for creating the best community or master plan of all United States. For more information, visit NWHM.com.

About Sun Power
Based in Silicon Valley, California, SunPower (NASDAQ: SPWR) is a leading provider of distributed generation energy and storage services in North America. SunPower offers the only solar + storage solution designed and backed by a single company that gives customers control over electricity consumption and resiliency during power outages while delivering savings to homeowners, businesses, governments, to schools and public services. For more information, visit www.sunpower.com.

Forward-looking statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding expected project plans, product performance and cost savings. costs. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, regulatory changes and the availability of economic incentives favoring the use of solar energy and fluctuations or declines in the performance of our solar panels. and other products and solutions. A detailed discussion of these and other risks affecting our business is included in our filings from time to time with the Securities and Exchange Commission (SEC), including our most recent reports on Forms 10- K and 10-Q, in particular under the heading “Risk Factors”. Copies of these filings are available online from the SEC or in the SEC Filings section of our Investor Relations website at investor.sunpowercorp.com. All forward-looking statements contained in this press release are based on information currently available to us, and we undertake no obligation to update these forward-looking statements in light of new information or future events.

©2021 SunPower Corporation. All rights reserved. SUNPOWER, the SUNPOWER logo, SUNPOWER EQUINOX and SUNVAULT are trademarks or registered trademarks of SunPower Corporation in the United States

Quote

Quote

View original content to download multimedia: https://www.prnewswire.com/news-releases/sunpower-and-the-new-home-company-create-sustainable-energy-independent-community-with-solar-energy -storage-and-charging-of-electric-vehicles-in-every-home-301400307.html

SOURCESunPower Corp.

Comments are closed.