Google, SunPower team up on solar energy program

Published April 23, 2014 1:59pm ET



MOUNTAIN VIEW, Calif. (AP) — Google Inc. and SunPower Corp. are planning to invest up to $250 million to lease solar panels to homeowners, the companies said on Wednesday.

Google is investing up to $100 million, while solar panel maker SunPower is committing the other $150 million. Some 20,000 people in the U.S. already lease solar panels from San Jose-based SunPower, the companies said. The new financing program will make it available to more people.

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