SunPower Corp. (SPWR:US), the second-largest U.S. solar manufacturer, plans to develop $220 million of U.S. residential rooftop solar projects through a leasing program with Bank of America Corp. (BAC:US)
Homeowners will get solar systems with SunPower panels at little to no upfront cost by agreeing to buy the electricity through long-term contracts, the San Jose, California-based company said today in a statement.
SunPower has about 20,000 existing solar leasing customers. First Solar Inc. is the biggest U.S. panel maker.
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