SunPower Corp. says it will close solar plant in North Carolina

admin 0

The electric utility is cutting about 4,000 jobs at the solar facility in Durham, North Carolina, and will stop paying for power generated by the plant.

The solar project will be sold and sold again to someone else, said Tom Ritter, president and chief executive officer of SunPower.

He said the company is continuing to look for other options to offset the costs of operating the plant, including leasing it.

SunPower is seeking to recoup about $200 million of its costs, he said.

The utility said on Tuesday that it will shutter the project in 2018, a day after the state of North Carolina announced it was suing it for not paying $2.4 billion in sales taxes on the solar project.

The state filed the lawsuit in February, accusing SunPower of violating tax laws.

The state’s attorney general, Ralph Northam, said SunPower had not paid any taxes on electricity generated by its solar project since it was constructed in 2004.

SunPower, which has a 30-year contract to build solar projects in North America, said in a statement that it had completed “a number of analyses” and that “the project is financially sound.”

The company said it expects to save “at least $200,000 in annual operating costs” and “substantially more” in other ways as it restructures the business.

It expects to reduce annual solar power production by about 20 percent to 30 percent from now through 2020, the statement said.

Sunpower is the nation’s second-largest solar installer, behind NRG Energy, which was spun off from Duke Energy.

Sponsored Content

우리카지노 | Top 온라인 카지노사이트 추천 - 더킹오브딜러.바카라사이트쿠폰 정보안내 메리트카지노(더킹카지노),샌즈카지노,솔레어카지노,파라오카지노,퍼스트카지노,코인카지노.【우리카지노】바카라사이트 100% 검증 카지노사이트 - 승리카지노.【우리카지노】카지노사이트 추천 순위 사이트만 야심차게 모아 놓았습니다. 2021년 가장 인기있는 카지노사이트, 바카라 사이트, 룰렛, 슬롯, 블랙잭 등을 세심하게 검토하여 100% 검증된 안전한 온라인 카지노 사이트를 추천 해드리고 있습니다.Best Online Casino » Play Online Blackjack, Free Slots, Roulette : Boe Casino.You can play the favorite 21 Casino,1xBet,7Bit Casino and Trada Casino for online casino game here, win real money! When you start playing with boecasino today, online casino games get trading and offers. Visit our website for more information and how to get different cash awards through our online casino platform.2021 베스트 바카라사이트 | 우리카지노계열 - 쿠쿠카지노.2021 년 국내 최고 온라인 카지노사이트.100% 검증된 카지노사이트들만 추천하여 드립니다.온라인카지노,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,바카라,포커,블랙잭,슬롯머신 등 설명서.